6m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, amid a global commodity sell-off triggered by the implementation of US tariffs, according to palm oil trader David Ng.
6m ago
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.
6m 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.
6m ago
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.
6m ago
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.
6m ago
By Nur Athirah Mohd Shaharuddin and Danni Haizal Danial Donald
KUALA LUMPUR, April 9 (Bernama) -- Malaysia met with representatives from the European Union (EU)-ASEAN Business Council (ABC) and the United States (US)-ABC on Tuesday regarding new initiatives that could be promoted to enhance trade, not only in Malaysia but also among ASEAN member countries.
6m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 8 (Bernama) -- The development of the Brunei, Indonesia, Malaysia, Phillippines (BIMP) and East ASEAN Growth Area (EAGA) will not only benefit Sabah and Sarawak but contribute towards reinforcing Southeast Asia's economy, Finance Minister II Datuk Seri Amir Hamzah Azizan, said today.
6m ago
KUALA LUMPUR, April 8 (Bernama) -- Unity among ASEAN members will determine the success of the ten member states in weathering the US tariff storms that have severely impacted the region, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
6m ago
By Karina Imran
KUALA LUMPUR, April 8 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is set to lead Malaysia’s delegation to Washington at end of this month to discuss the reciprocal tariffs imposed by the United States (US) on Malaysia.
6m ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 8 -- The ringgit continued to close lower against the US dollar, weighed down by lingering market concerns over US President Donald Trump’s tariffs.
6m ago
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.
6m ago
KUALA LUMPUR, April 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is scheduled to deliver the keynote address and officiate the launch of the ASEAN Simplified Environmental, Social and Governance (ESG) Disclosure Guide for SMEs in Supply Chains Version 1 today (ASEAN SEDG).