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MITI Monitoring Potential Dumping Of Cheap Goods Following US Tariff Hike - Tengku Zafrul

KUALA LUMPUR, Oct 16 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is closely monitoring the possible influx of cheap goods into Malaysia following the US decision to increase import tariffs on several products, including furniture, pharmaceuticals, and semiconductors.

Ringgit Opens Higher Against Greenback Amid Ongoing Global Developments

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit started the day stronger against the US dollar, buoyed by improved domestic market sentiment amid ongoing global developments.

Ringgit Holds Steady Versus US Dollar Amid Fed Chair's Dovish Remarks

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit held steady against the US dollar on Wednesday amid a weaker greenback following dovish remarks by the United States (US) Federal Reserve (Fed) chair Jerome Powell.

Rubber Market Closes Mixed Amid Regional Gains, Supply Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian rubber market ended mixed today, due to gains in regional rubber futures, supported by concerns over natural rubber supply amid the ongoing rainy season in major producing countries, said a dealer.

Malaysia To Hold Discussions With The US On Sectoral Tariffs - Tengku Zafrul 

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia will hold discussions with United States (US) Secretary of Commerce Howard Lutnick regarding sectoral tariffs that will be imposed by the US on specific sectors, such as semiconductors, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Bursa Malaysia Opens Higher Amid Mixed Wall Street Cues

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened higher on Wednesday, rebounding from the previous day’s losses, amid mixed cues from Wall Street as investors weighed the latest developments in United States–China trade tensions.

Ringgit Rises Against US Dollar On Softer Greenback

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by a weaker greenback after dovish signals from the US Federal Reserve (Fed).

US-Malaysia Reciprocal Agreement To Be Signed Next Week Seen As Fair -- Tengku Zafrul

KUALA LUMPUR, Oct 15 (Bernama) — The Reciprocal Trade Agreement expected to be signed between Malaysia and the United States (US) in conjunction with the 47th ASEAN Summit next week is seen as fair for both parties, taking into account their respective interests, said Investment, Trade and Industry Ministry Tengku Datuk Seri Zafrul Abdul Aziz.

CPO Futures End Lower Amid Rising Palm Oil Stocks

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, pressured by rising domestic palm oil stock and a decline in the soybean oil market on the Chicago Board of Trade (CBOT).

Gold Futures End Higher Amid US-China Trade Spat

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, as investors turned to the safe-haven asset to hedge against market volatility amid trade tensions between the United States and China.

Ringgit Up Against Major Currencies But Eases Vs Greenback Amid US-China Trade Tensions

KUALA LUMPUR, Oct 14 -- The ringgit slipped further against the US dollar at the close on Tuesday as investors turned to the greenback to hedge against market volatility amid escalating trade tensions between the United States and China.

Singapore-Based Firms Commit Over S$5.5 Billion To Johor Since JS-SEZ Mou -- Singapore DPM

By Nur Ashikin Abdul Aziz

SINGAPORE, Oct 14 (Bernama) -- Singapore-based companies have committed over S$5.5 billion (S$1 = RM3.25) in investments into Johor since the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) memorandum of understanding (MoU) last year, said the republic’s Deputy Prime Minister, Gan Kim Yong.