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US Tariffs On China To Have Mixed Impact On ASEAN Economies -- OCBC

KUALA LUMPUR, Oct 30 (Bernama) -- Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.

Ringgit Edges Higher Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit edged higher at the close against the US dollar on Wednesday as traders and investors remain guarded ahead of a crucial week, said an analyst.

Rubber Market Ends Higher Amid Crude Oil Recovery

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Wednesday, bolstered by recovering crude oil prices and the weakening of the ringgit against the US dollar, a dealer said.

Bursa Slides At Noon Break On Sideways Trading

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia ended the morning trade session in the red as investors hesitated to make their move ahead of the United States’ (US) presidential election next week and upcoming data that could influence the US Federal Reserve’s interest rate decision.

Ringgit Opens Higher After Fall In US Job Openings

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar today after US job openings dropped to the lowest level in more than three and a half years in September, sustaining the narrative for more interest rate cuts in the United States.

MITI To Continue Engaging With US Authorities On Solar Export Tariff Hikes

KUALA LUMPUR, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will help Malaysian solar manufacturers and related companies affected by the US tariff hike on solar exports to get more information on the move by Washington.

Gold Futures Close Higher

KUALA LUMPUR, Oct 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, driven by escalating geopolitical tension and uncertainties surrounding the United States presidential election, said a dealer.  

Korean Eggdrop Gains Notoriety For Production Support Of Two Chart-topping K-dramas 

KUALA LUMPUR, Oct 29 (Bernama) -- Golden Hind Co Ltd, the food and beverage (F&B) company behind the premium Korean egg sandwich brand EGGDROP, has garnered significant attention for its production support of the tvN romantic comedy drama series 'Love Next Door' and the JTBC family drama series 'Romance in the House'.

Rubber Market Declines, Tracking Regional Cues And Global Cautious Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended in decline on Tuesday, attributed to weaker cues from regional rubber futures markets and overall cautious sentiment in the global market, said a dealer.

Juwai IQI: Chinese Capital Moving Away From G7 Economies, Coming Back To Asia

KUALA LUMPUR, Oct 29 (Bernama) -- International real estate technology group Juwai IQI said that Chinese capital is moving away from the Group of Seven (G7) economies and coming back to Asia, especially Southeast Asia, where Malaysia and its neighbours are some of the biggest beneficiaries of the Chinese pivot to Asia.

Malaysia’s BRICS Partner Status To Contribute To Economic Growth, Export Gains – Tengku Zafrul

KUALA LUMPUR, Oct 29 (Bernama) -- The Malaysian government hopes that the country's recent recognition as a BRICS partner will contribute to economic growth and export expansion over the long term, said the Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Rebounds, Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit rebounded to open slightly higher against the US dollar today, despite cautious sentiment ahead of next week’s United States (US) presidential election and the Federal Open Market Committee (FOMC) meeting.