BACHOK, April 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the United States' (US) move to impose retaliatory import tariffs on several countries, including Malaysia, could strain Malaysia’s trade and investment relations with China.
By M. Saraswathi
KUALA LUMPUR, April 12 (Bernama) -- By now, just about every adult and even many younger individuals has likely come across the word tariffs, whether through the news, social media, or everyday conversations since April 2.
KUALA LUMPUR, April 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) slipped into negative territory today to end the week on a subdued note, weighed down by selling in banking blue chips as investors continued to assess the global trade outlook.
KUALA LUMPUR, April 11 (Bernama) -- Bursa Malaysia ended the morning session lower, trading in cautious mode as market volatility remained elevated and participants continued to cut down on risk.
KUALA LUMPUR, April 11 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) urged local businesses, particularly small and medium enterprises (SMEs), not to be over reliant on a single market in light of the United States’ (US) 90-day pause on reciprocal tariff while the 10 per cent baseline rate remains in place.
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.
KUALA LUMPUR, April 11 (Bernama) -- Malaysia, as the ASEAN chair this year, has requested, through its Foreign Ministry, a special United States (US)-ASEAN summit to discuss the tariff issue.
KUALA LUMPUR, April 11 (Bernama) -- The ringgit opened higher against the US dollar today as investors remained cautious after Washington announced a 90-day pause in reciprocal tariffs for all countries except China.
By Zarul Effendi Razali
KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.
By Durratul Ain Ahmad Fuad and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 10 (Bernama) -- Uncertainties in the foreign exchange market will continue to prevail until there is greater clarity on policy direction, particularly regarding the tariff lengths, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives settled higher on Thursday, driven by stronger soybean and crude oil prices, said palm oil trader David Ng.
BUTTERWORTH, April 10 (Bernama) -- Penang, through the Economy State Executive Council Meeting, will organise a roundtable session with industry players, academics, and the state leadership tomorrow to discuss the United States’ (US) recent tariff announcement.
