Malaysia In Active Talks With US, Aims To Secure Tariff Below 20 Pct – Tengku Zafrul

PETALING JAYA, July 24 (Bernama) -- Malaysia is actively engaging in discussions with the United States (US) over the impending 25 per cent tariffs set to take effect on Aug 1, aiming to secure a tariff rate below the 20 per cent level, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Trump Says Tariff Relief Possible If EU Opens Market To US Firms

WASHINGTON, July 24 (Bernama-dpa) -- US President Donald Trump said on Wednesday that the United States is prepared to lower threatened tariffs on European goods if the European Union opens its market further to US companies, reported German news agency dpa.

Gold Futures Settle Higher On Softer US Dollar, Easing Treasury Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives settled higher on Wednesday, buoyed by a softer US dollar and easing United States (US) Treasury yields, said an analyst.

Ringgit Extends Gains As Govt Initiatives, US-Japan Trade Deal Lift Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.

The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.

Bursa Stages Rebound To Close At Intra-Day High On Late Bargain Hunting

By Harizah Hanim Mohamed

KUALA LUMPUR, July 23 (Bernama) -- Late bargain hunting of consumer-related stocks pushed Bursa Malaysia to close at its intraday high on Wednesday, allowing the market to recover losses in the previous two sessions.

Ringgit Firmer Against US Dollar In Early Trade

KUALA LUMPUR, July 23 (Bernama) -- The ringgit edged higher against the US dollar in early trade, driven by cautious market sentiment ahead of the Aug 1 tariff deadline.

FBM KLCI Stays Lower At Midday As Regional Markets Trade Mixed

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia remained lower at the lunch break, while regional market performance across was mixed as ongoing trade tensions continued to weigh on sentiment.

Bursa Malaysia Likely To Maintain Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 19 (Bernama) -- Bursa Malaysia is likely to maintain its upward bias next week, building on the renewed buying interest seen over the past two sessions, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan. 

Market Jitters To Set Tone For Ringgit Next Week, With RM4.24-RM4.26 Range Expected

By Harizah Hanim Mohamed

KUALA LUMPUR, July 19 (Bernama) -- The ringgit is expected to hover around RM4.24 to RM4.26 next week amid mixed signals in the market.

Ringgit Slips Further vs Greenback On Continued Uncertainty About US Tariffs

By Harizah Hanim Mohamed

KUALA LUMPUR, July 17 (Bernama) -- The ringgit slipped further against the greenback on Thursday on continued uncertainty about US tariffs.

Ringgit Rebounds On Softer US Stance Towards China

KUALA LUMPUR, July 17 (Bernama) -- The ringgit rebounded this morning, opening higher against the US dollar amid reports of a softer stance by United States (US) President Donald Trump towards China.

Bursa Malaysia Extends Downtrend To Close Lower

By Durratul Ain Ahmad Fuad and Danni Haizal Danial Donald

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia closed lower on Wednesday on continuous profit-taking in selected heavyweights led by the financial services and utilities sectors.