11m ago
KUALA LUMPUR, April 7 (Bernama) -- Foreign investors returned to net sellers last week across eight Asian markets, reversing their single-week buying streak, recording a heavy net outflow of US$7.12 billion (RM31.68 billion, US$1 = RM4.45), with South Korea and India experiencing the heaviest selling pressure.
11m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened lower against the US dollar due to a lack of buying interest, as market uncertainty persists following US President Donald Trump's global reciprocal tariffs.
11m ago
KUALA LUMPUR, April 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has given an assurance that Malaysia will not slip into a recession for now following the imposition of tariffs by the United States, as the country's economy remains resilient.
11m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 6 (Bernama) -- As the United States, under President Donald Trump, moves to reshape the global trading system to its advantage, Malaysia's role as ASEAN chair in 2025 will be critical in charting the bloc’s next stage of economic growth.
11m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
11m ago
By Nor Baizura Basri
KUALA LUMPUR, April 6 (Bernama) -- ASEAN finance ministers will meet here next week amid a sense of urgency to deepen economic integration and enhance financial resilience as the global trade war erupts, no thanks to debilitating tariffs imposed by the United States.
11m ago
KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member.
11m ago
KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member.
11m ago
KUALA LUMPUR, April 4 (Bernama) -- The ringgit is expected to remain defensive versus the US dollar, trading at a range of 4.42-4.45, barring surprises, said Kenanga Investment Bank Bhd (Kenanga IB).
11m ago
KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.
11m ago
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
11m ago
KUALA LUMPUR, April 4 (Bernama) -- Bursa Malaysia was lower in the morning session, taking its cue from Wall Street’s weaker overnight performance and selloff that followed US President Donald Trump’s reciprocal tariff plans announcement.