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Ringgit Eases Against US Dollar On US Tariff Adjustments

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed lower against the US dollar as market sentiment weakened amid the United States’ (US) latest reciprocal tariff policy adjustments, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow. 

Federal Engagement Crucial As Penang Braces For Impact Of US Tariffs — Chow

GEORGE TOWN, July 8 (Bernama) -- The Malaysian Government must continuously engage with its United States (US) counterparts to negotiate a lower tariff rate, following Washington’s recent decision to impose a 25 per cent duty on goods from Malaysia, said Penang Chief Minister Chow Kon Yeow.

Sabah Records Investments Totalling RM35.38 Bln From 2021-2024

KOTA KINABALU, July 8 (Bernama) -- Sabah has received a total of RM35.38 billion in investments, involving 420 projects between 2021 and 2024, the Sabah State Legislative Assembly was told today.

MITI To Hold Press Conference To Address Latest US' Tariff - Tengku Zafrul

KUALA LUMPUR, July 8 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will be holding a press conference to address the latest reciprocal tariff rate of 25 per cent on Malaysian exports to the United States (US), said Minister Tengku Datuk Seri Zafrul Abdul Aziz.

CIMB Sees SPAN Water Shift Boosting Contractors, Pipe Firms

KUALA LUMPUR, July 8 (Bernama) -- CIMB Securities Sdn Bhd expects spillover opportunities for contractors and pipe suppliers if the National Water Services Commission's (SPAN) call for the data centre industry to shift towards alternative water resources is implemented.

Khazanah Eyes AI Deals With French, Italian Sovereign Funds

KUALA LUMPUR, July 8 (Bernama) -- Khazanah Nasional Bhd has held a series of productive meetings with the French and Italian sovereign wealth funds to explore cross-border collaboration, particularly in the field of artificial intelligence (AI).

microLEAP Disburses RM350 Mln In SME Financing In 1h 2025, Mulls Expansion Into Indonesia, Philippines

KUALA LUMPUR, July 8 (Bernama) -- Shariah-compliant peer-to-peer (P2P) financing platform microLEAP is drawing attention, having not only disbursed a commendable RM350 million in funding to small and medium enterprises (SMEs) in the first half of this year, but has also maintained the lowest default rate among all P2P operators in Malaysia at a mere 0.42 per cent.

Ringgit Opens Lower On Cautious Sentiment After US Tariff Policy Update

KUALA LUMPUR, July 8 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as market sentiment turned cautious following the United States’ (US) latest reciprocal tariff policy adjustments, which will take effect on Aug 1, 2025, said an analyst.

US Tariff Imposition Drags Bursa Malaysia Lower At Opening

KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s weaker performance following the United States' (US) imposition of a 25 per cent tariff on 14 countries, including Malaysia, beginning Aug 1 this year.

Maybank IB Expects BNM To Cut OPR By 25 Bps

KUALA LUMPUR, July 7 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Bank Negara Malaysia (BNM) to lower its overnight policy rate (OPR) by 25 basis points (bps) at the Monetary Policy Committee (MPC) meeting to be held on July 9, 2025.

German Businesses Remain Confident In Malaysia Amid Global Uncertainties - MGCC

KUALA LUMPUR, July 7 (Bernama) -- A majority of German companies in Malaysia remained highly confident in the country’s business environment, according to the latest World Business Outlook Spring 2025 Survey.

US Commerce Secretary Says Tariffs To Take Effect On Aug 1

WASHINGTON, July 7 (Bernama-Anadolu) -- US Commerce Secretary Howard Lutnick said on Sunday that higher tariff rates would take effect on Aug 1, Anadolu Ajansi (AA) reported.