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World's Top Economies US, China Agree Initial 90-day Tariff Relief After Geneva Talks

GENEVA, May 12 (Bernama-Anadolu) -- The US and China have agreed to a sweeping rollback of punitive tariffs for an initial 90-day period, signalling a rare moment of relief in their protracted trade conflict and raising hopes for longer-term economic stability, according to a joint statement released by the US on Monday.

Malaysia To Boost Semiconductor Expertise As US Rescinds Chip Export Curbs

KUALA LUMPUR, May 12 (Bernama) -- Malaysia can have greater access to more advanced semiconductor chips following Washington’s move to rescind curbs on chip exports, a move that can propel it to move beyond its current strength in midstream packaging and testing into higher-value upstream chip design.

US Move To Ease Curbs On Chip Exports An Opportunity For Malaysia's AI And Data Centre Sectors

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 9 (Bernama) -- US President Donald Trump's plan to rescind the Biden-era artificial intelligence (AI) chip export rule presents opportunities for Malaysia to expand its AI chip industry and booming data centre sector.

Cambridge Remains Unfazed As US Slashes Tariffs On UK Cars, Steel

CAMBRIDGE, May 9 (Bernama) -- The United States (US) has reduced tariffs on British cars and steel, making headlines across the United Kingdom (UK) on Thursday (May 8).

Bursa Malaysia Erases Early Gains To End Lower

By Zarul Effendi Razali

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia gave up early gains to close lower today, as profit-taking emerged in selected financial services counters, amid cautious sentiment on the regional market, an analyst said. 

Trump To Announce Major Trade Deal On Thursday

KUALA LUMPUR, May 8 (Bernama) -- United States (US) President Donald Trump has trumpeted an imminent announcement of a major trade deal  related to “a big and highly respected country” on Thursday.

AI-related Counters On Bursa Mixed On Trump's Latest Plan

KUALA LUMPUR, May 8 (Bernama) -- Industrial products and services counters on Bursa Malaysia related to the artificial intelligence (AI) chip making have shown a mixed reaction to the latest plan announced by the Trump administration to rescind and replace Biden-era global AI chip export curbs.

Bursa Malaysia Opens Higher, Retreated Thereafter

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia opened slightly higher today but retreated thereafter, driven by mild profit taking, amid renewed concern over the global economic outlook, an analyst said.

Mixed Outlook Ahead Of BNM's OPR Announcement Tomorrow -- Economists

KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.

Strong Buying In Heavyweights Lifts Bursa Malaysia To Intraday High

KUALA LUMPUR, May 7 (Bernama) -- Persistent buying in selected telecommunications and media, as well as utilities counters lifted Bursa Malaysia to end at an intraday high today, in line with positive momentum across the regional market, an analyst said. 

PM Anwar Calls For More Domestic Consumption To Mitigate Impact Of US Tariffs

SHAH ALAM, May 5 (Bernama) -- The government is committed to safeguarding the country’s economy through a pragmatic approach, such as boosting domestic consumption, to navigate US tariff uncertainties.

Members Of Parliament Outline Proposals To Strengthen Economy

KUALA LUMPUR, May 5 (Bernama) -- Members of parliament (MPs) today outlined several proposals to strengthen the country's economy in the face of retaliatory tariffs from the United States (US) and global economic uncertainty.