1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher for the third straight day today, tracking gains on COMEX, as intensifying US-China trade tensions continued to drive safe-haven demand.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 11 (Bernama) -- The Malaysian rubber market ended slightly firmer today, supported by steady benchmark crude oil prices and an uptick in regional rubber futures led by gains in Shanghai rubber futures, a dealer said.
1y 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.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher in line with gains on the Comex as heightened US-China trade tensions spurred strong buying interest.
1y 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).
1y ago
SINGAPORE, April 10 (Bernama) -- Singapore will continue to work closely with other ASEAN Member States to double down on regional economic integration amid uncertainties following the new United States (US) tariff measures, said Deputy Prime Minister and Trade and Industry Minister Gan Kim Yong.
1y ago
KUALA LUMPUR, April 10 (Bernama) -- A Special ASEAN Leaders’ Meeting will be convened to discuss the en bloc’s member states’ way forward and to address and mitigate potential disruptions to regional trade, supply chain networks, and cross-border investments in the face of rising geopolitical and economic challenges
1y ago
KUALA LUMPUR, April 9 (Bernama) -- ASEAN, which remains committed to upgrading existing free trade agreements (FTAs) to ensure they stay relevant and effective, will see the upgraded version of the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) deal on April 21, 2025.
1y ago
KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia opened lower on Wednesday, tracking losses on Wall Street and amid investor caution over the United States' reciprocal tariffs taking effect today, which have heightened concerns about global trade tensions, an analyst said.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today amid the ongoing global trade tensions between the US and its key trading partners.
1y 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.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed lower against the US dollar today, mirroring the broader trend across Asian currencies amid ongoing concerns over escalating trade tensions.