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BEIJING, April 10 (Bernama) -- Chinese President Xi Jinping’s official visit to Malaysia next week will be pivotal in not only triggering new investments in Southeast Asia but also pave the way for further economic development and prosperity in the region.
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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.
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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.
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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.
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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.
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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.
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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.
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By Karina Imran
KUALA LUMPUR, April 9 (Bernama) — A former central banker has warned that the ongoing US-China trade war, which has seen tariffs on Chinese goods rise by over 104 per cent, will have a long-lasting impact on global markets, including Malaysia and ASEAN countries.
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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 9 (Bernama) -- The ringgit edged higher against the US dollar in early trade today, recovering slightly on technical correction after recent losses, amid a mixed overnight performance by the greenback.
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KUALA LUMPUR, April 8 (Bernama) -- The Malaysian rubber market continued to close lower on Tuesday, tracking its regional peers’ downward momentum, as global sentiment was ruled by worries over the United States (US) tariff decision and escalating trade war, a dealer said.
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KUALA LUMPUR, April 8 (Bernama) -- China, Japan and South Korea, which have signalled alliances since the announcement of sweeping US tariffs, held their second trilateral meeting in just eight days after their first engagement this year, reflecting the urgency as Washington’s move has caused ripple effects globally.
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By Zufazlin Baharuddin
KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed lower against the US dollar today, mirroring the broader trend across Asian currencies amid ongoing concerns over escalating trade tensions.