Finance minister says Putrajaya will adjust spending if oil prices fall further | Malay Mail

Tuesday, 21 Apr 2020 08:30 PM MYTFinance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said the federal government has incorporated lower global oil price into its expected deficit this year. — Picture by Firdaus Latif

Oil price fell sharply on the international market after Saudi Arabia and Russia triggered a price war that came just ahead of the world-stopping coronavirus disease pandemic. “The general preoccupation with oil is understandable, given that it is closely linked to global geopolitical influences. However, what is more important is to recognise how Malaysia has a diversified economic base.

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Tokyo stocks open lower on oil price plunge | Malay MailTOKYO, April 21 ― Tokyo stocks opened lower today, tracking falls on Wall Street as investor sentiment worsened on plunging oil prices. The benchmark Nikkei 225 index was down 0.96 per cent or 188.84 points at 19,480.28 in early trade, while the broader Topix Index fell 0.94 per cent or 13.46...
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