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KUALA LUMPUR, April 11 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower on Friday, taking its cue from Wall Street’s weaker performance amid renewed worries over the global trade outlook.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 10 (Bernama) -- ASEAN is prepared to collaborate constructively with all partners, including the United States (US), to discover balanced, forward-looking solutions that promote a more resilient and sustainable global economy, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Siti Baaqiah Mamat
KUALA LUMPUR, April 10 (Bernama) -- The imposition of United States’ (US) tariffs and the potential for retaliatory measures could lead to heightened volatility in capital flows and exchange rates, according to a joint statement of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).
By Nor Baizura Basri and Karina Imran
KUALA LUMPUR, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim strongly believes that trading countries should use the World Trade Organisation (WTO) platform to resolve trade issues and problems, including tariffs.
KUALA LUMPUR, April 10 (Bernama) -- A Special ASEAN Leaders’ Meeting will be convened to discuss the en bloc’s member states’ way forward and to address and mitigate potential disruptions to regional trade, supply chain networks, and cross-border investments in the face of rising geopolitical and economic challenges
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.
By Dr Paul Anthony Maria Das
KUALA LUMPUR, April 10 (Bernama) -- United States (US) President Donald Trump’s sweeping decision to impose a 24 per cent blanket tariff on Malaysian imports is more than just a protectionist measure.
KUALA LUMPUR, April 10 (Bernama) -- ASEAN must remain neutral in the escalating global trade war over tariffs between superpowers the United States and China, former Bank Negara Assistant Governor Tan Sri Andrew Sheng said.
KUALA LUMPUR, April 9 (Bernama) -- The Malaysian rubber market continued to close lower on Wednesday, dragged by huge losses in regional rubber futures markets, a dealer said.
By Anas Abu Hassan
KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia extended its downtrend to close lower today as broad-based selling was seen across the board amid the escalating global trade war, with the benchmark index hovering just above the 1,400-level.
KUALA LUMPUR, April 9 (Bernama) -- The sweeping United States (US) tariffs will be credit negative for Asia-Pacific (APAC), but lower-tariff countries such as Malaysia, India, and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody’s Ratings.
