BEIJING, April 10 (Bernama-Xinhua) -- Chinese Commerce Minister Wang Wentao has held a meeting via video link with Malaysia's Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz, as Malaysia currently holds the rotating chair of ASEAN, said a statement released by China's Commerce Ministry on Thursday.
KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states are focusing on eliminating distortions to be more efficient for more room on negotiations, as Washington expressed concerns about tariff and non-tariff barriers, says Indonesia Finance Minister Sri Mulyani Indrawati.
By M.Saraswathi
KUALA LUMPUR, April 10 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia welcomes the United States’ (US) move to pause higher tariffs for numerous trading partners, while acknowledging that this volatility creates significant challenges for ASEAN economies.
KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia rebounded sharply at the open on Thursday, tracking Wall Street’s overnight rally after US President Donald Trump announced a pause in tariffs, an analyst said.
KUALA LUMPUR, April 10 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, as the greenback weakened following the US President’s announcement of a 90-day pause in reciprocal tariffs, an economist said.
WASHINGTON, April 10 (Bernama-Anadolu) -- United States (US) President Donald Trump said Wednesday that he had been considering a 90-day delay in elevated reciprocal tariffs with the country’s trading partners "over the last few days", citing diplomatic engagement and goodwill as factors behind the move.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, amid a global commodity sell-off triggered by the implementation of US tariffs, according to palm oil trader David Ng.
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.
KUALA LUMPUR, April 9 (Bernama) -- Malaysia will demonstrate strong leadership and act responsibly within ASEAN to address the United States' latest tariff measures, said National Chamber of Commerce and Industry of Malaysia (NCCIM) vice-president Datuk AT Kumararajah.
By Harizah Hanim Mohamed
KUALA LUMPUR, April 9 (Bernama) -- ASEAN+3 ministers will operationalise the Rapid Financing Facility (RFF), aimed at helping financially distressed member countries to cushion against exogenous shocks or financial problems caused by external factors.
KUALA LUMPUR, April 9 (Bernama) -- The sweeping United States (US) tariffs will be credit negative for Asia-Pacific (APAC), but lower-tariff countries such as Malaysia, India, and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody’s Ratings.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 9 (Bernama) -- The ringgit edged higher against the US dollar in early trade today, recovering slightly on technical correction after recent losses, amid a mixed overnight performance by the greenback.
