Local Rubber Market Rebounds After Four-day Slump On US Tariff Pause
KUALA LUMPUR, April 10 (Bernama) -- The Malaysian rubber market ended a four-day losing streak on Thursday, closing higher in line with regional rubber futures markets.
| LATEST NEWS | Kinabatangan, Lamag by-elections: All early voting centres closed at 5 pm - EC | Malaysia’s corporate bond issuance is projected at RM130 bln–RM140 bln in 2026, above historical average of RM122 bln -- RAM Ratings | |
KUALA LUMPUR, April 10 (Bernama) -- The Malaysian rubber market ended a four-day losing streak on Thursday, closing higher in line with regional rubber futures markets.
SINGAPORE, April 10 (Bernama) -- Singapore will continue to work closely with other ASEAN Member States to double down on regional economic integration amid uncertainties following the new United States (US) tariff measures, said Deputy Prime Minister and Trade and Industry Minister Gan Kim Yong.
PUTRAJAYA, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the 90-day pause of US tariffs on 75 countries, including Malaysia, has offered temporary relief for the country.
KUALA LUMPUR, April 10 (Bernama) – ASEAN will engage in a frank and constructive dialogue with the United States to address trade-related concerns after Washington imposed tariffs on 168 countries including all members of the Southeast Asian grouping.
BEIJING, April 10 (Bernama-Xinhua) -- Chinese Commerce Minister Wang Wentao has held a meeting via video link with Malaysia's Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz, as Malaysia currently holds the rotating chair of ASEAN, said a statement released by China's Commerce Ministry on Thursday.
KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states are focusing on eliminating distortions to be more efficient for more room on negotiations, as Washington expressed concerns about tariff and non-tariff barriers, says Indonesia Finance Minister Sri Mulyani Indrawati.
By M.Saraswathi
KUALA LUMPUR, April 10 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia welcomes the United States’ (US) move to pause higher tariffs for numerous trading partners, while acknowledging that this volatility creates significant challenges for ASEAN economies.
KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia rebounded sharply at the open on Thursday, tracking Wall Street’s overnight rally after US President Donald Trump announced a pause in tariffs, an analyst said.
KUALA LUMPUR, April 10 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, as the greenback weakened following the US President’s announcement of a 90-day pause in reciprocal tariffs, an economist said.
WASHINGTON, April 10 (Bernama-Anadolu) -- United States (US) President Donald Trump said Wednesday that he had been considering a 90-day delay in elevated reciprocal tariffs with the country’s trading partners "over the last few days", citing diplomatic engagement and goodwill as factors behind the move.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, amid a global commodity sell-off triggered by the implementation of US tariffs, according to palm oil trader David Ng.
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.