8m ago
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia remained in negative territory at midday, pressured by continued selling in financial services and healthcare stocks, amid tensions between United States President Donald Trump and Federal Reserve Chair Jerome Powell.
9m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 15 (Bernama) -- The ringgit ended almost flat against the US dollar today as traders remain cautious ahead of the trade talks between the United States and Japan this Thursday, said an analyst.
9m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher for the fourth straight day of trading today, driven by stronger ringgit and equity market, said an analyst.
9m 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.
9m ago
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.
9m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 10 (Bernama) -- ASEAN is looking forward to re-establishing the ASEAN Swap Arrangement (ASA) to strengthen the region’s financial safety net and resilience, according to a joint statement from the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 10 (Bernama) – Country coordinator Cambodia for the ASEAN-United States (US) dialogue for the 2024-2027 cycle will host a meeting of the grouping’s economic ministers and American trade officials from April 22-23, with US tariffs expected to take centre stage.
9m ago
KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states will explore suitable financing structures and alternative tools, including Islamic finance solutions, to finance the ASEAN Power Grid (APG) projects as well as sustainable infrastructure development.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 10 (Bernama) -- ASEAN is prepared to collaborate constructively with all partners, including the United States (US), to discover balanced, forward-looking solutions that promote a more resilient and sustainable global economy, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
9m ago
By Siti Baaqiah Mamat
KUALA LUMPUR, April 10 (Bernama) -- The imposition of United States’ (US) tariffs and the potential for retaliatory measures could lead to heightened volatility in capital flows and exchange rates, according to a joint statement of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).
9m ago
By Nor Baizura Basri and Karina Imran
KUALA LUMPUR, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim strongly believes that trading countries should use the World Trade Organisation (WTO) platform to resolve trade issues and problems, including tariffs.
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 10 (Bernama) -- Malaysia, as the ASEAN chair this year, is working to set a date for the Special Leaders’ Meeting to discuss the bloc’s way forward in addressing and mitigating potential disruptions to regional trade caused by the tariffs imposed by the United States.