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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.
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KUALA LUMPUR, April 7 (Bernama) -- The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 6 (Bernama) -- Malaysia should not panic or rush into decisions regarding the impact of the 24 per cent reciprocal tariff imposed by the United States (US) on Malaysian goods, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
10m 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.
10m ago
By Yin Shao Loong
KUALA LUMPUR, April 4 (Bernama) -- The April 2 tariffs unveiled by United States (US) President Donald Trump have shocked the world and represent a departure from the globalisation policy of previous US administrations.
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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).
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KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.
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KUALA LUMPUR, April 3 (Bernama) -- Malaysian glove makers are among the top gainers today as the American tariff differential widens between Malaysia and China exports to the United States (US), which stands at 24 per cent and at least 54 per cent, respectively.
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KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd.
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KUALA LUMPUR, April 2 (Bernama) -- The Rubber Production Incentive (IPG) for March 2025 in Peninsular Malaysia, Sabah, and Sarawak was not activated because cup lump rubber’s monthly average farm gate price was above RM3.00 per kilogramme (kg).
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KUALA LUMPUR, April 2 (Bernama) -- Foreign investors returned to the Asian market with a modest net inflow of US$93.8 million last week, after a four-week selling streak with only India and Indonesia registering net foreign inflows.
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KUALA LUMPUR, April 2 (Bernama) -- Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).