7m ago
KUALA LUMPUR, May 2 (Bernama) -- The ringgit opened marginally higher against the greenback on Friday, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said.
8m ago
KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
8m ago
KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia ended lower on selling activities in the financial services and industrial products and services sectors’ heavyweights, amid tensions between US President Donald Trump and Federal Reserve chair Jerome Powell.
8m ago
BEIJING, April 13 (Bernama) -- A sense of disquiet and anxiety is certainly spreading among the Chinese public following the barrage of US retaliatory tariffs imposed on China over the past week, unsettling markets and fuelling fears of a global recession.
8m ago
GEORGE TOWN, April 11 (Bernama) -- The Penang state government will establish a tariff monitoring task force as part of its strategic response to the United States’ (US) recent tariff announcement.
8m ago
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.
8m ago
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.
8m ago
By M.Saraswathi
KUALA LUMPUR, April 10 (Bernama) -- As the global economic landscape shifts dramatically, ASEAN stands at a critical juncture, ready to navigate the challenges ahead, but the region's success hinges on the strength of its political will and coordinated efforts, said Tan Sri Dr Zeti Akhtar Aziz.
8m ago
By Zarul Effendi Razali
KUALA LUMPUR, April 9 (Bernama) -- ASEAN is collectively navigating one of the most complex periods in recent history, from trade tariff and geopolitical tensions to climate challenges, as well as the tremendous pace of technological advancements and economic agility in respective economies.
8m ago
By Zarul Effendi Razali
KUALA LUMPUR, April 9 (Bernama) -- ASEAN, which has faced a series of global uncertainties, has emerged from a quiet corner of the global economy to become central to it, said Prime Minister Datuk Seri Anwar Ibrahim.
8m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 9 (Bernama) -- ASEAN+3 ministers will operationalise the Rapid Financing Facility (RFF), aimed at helping financially distressed member countries to cushion against exogenous shocks or financial problems caused by external factors.