Bursa Malaysia Lower At Midday
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia ended the morning session slightly lower, in tandem with regional markets, as US President Donald Trump unveiled his reciprocal tariffs plan.
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Malaysian Glovemakers Among Top Gainers Following Trump's Tariff Announcement
KUALA LUMPUR, April 3 (Bernama) -- Malaysian glove makers are among the top gainers today as the American tariff differential widens between Malaysia and China exports to the United States (US), which stands at 24 per cent and at least 54 per cent, respectively.
Malaysia Explores Measures To Mitigate Impact On Exports, Not Considering Retaliatory Tariffs - MITI
KUALA LUMPUR, April 3 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) views the 10 per cent tariffs hikes and reciprocal tariff announced by the United States of America (US) on Malaysian exports to the US seriously and is actively engaging with the US authorities to seek solutions that will uphold the spirit of free and fair trade.
US Tariff Announcement Weighs Down FBM KLCI In Early Session
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia’s benchmark index was 0.52 per cent lower in early trade, in tandem with regional markets as US President Donald Trump announced tariffs of at least 10 per cent on all countries, effective April 5 and another set of “individualised reciprocal higher tariff” on certain countries effectied April 9.
Trump Announces Tariffs On All Countries, Including Malaysia At 24 Pct
KUALA LUMPUR, April 3 (Bernama) -- President Donald Trump announced yesterday that the United States (US) would introduce a baseline tariff of 10 per cent on all countries and higher duties on some countries, including Malaysia at 24 per cent.
Ringgit Opens Lower As US Dollar Gains After Trump’s Tariff Move
KUALA LUMPUR, April 3 (Bernama) -- The ringgit opened slightly lower against the US dollar today as the greenback strengthened after US President Donald Trump announced global reciprocal tariffs.
Ringgit Depreciates Against Us Dollar Ahead Of US Tariff Announcement
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 2 (Bernama) -- The ringgit depreciated against the US dollar at the close today as traders and investors are concerned about the reciprocal tariff announcement by the United States (US) government later today, said an analyst.
Foreign Investors Return To Asian Markets With US$93.8 Mln Net Inflow - MIDF
KUALA LUMPUR, April 2 (Bernama) -- Foreign investors returned to the Asian market with a modest net inflow of US$93.8 million last week, after a four-week selling streak with only India and Indonesia registering net foreign inflows.
Bursa Malaysia Opens Mixed Amid Lacklustre Trade
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia opened mixed amid lacklustre trade due to the shortened trading week and on caution ahead of the announcement of US reciprocal tariffs later today in the United States, or early tomorrow morning Malaysian time.
Ringgit Opens Higher As Greenback Weakens On Softening US Economic Outlook, Tariff Uncertainty
KUALA LUMPUR, April 2 (Bernama) -- The ringgit opened higher against the US dollar today as the greenback weakened on a softening US economic outlook and amid uncertainties over reciprocal tariffs scheduled to be announced by the United States later today, said an analyst.
Ringgit To Continue Trading Within 4.42-4.43 Range Against Greenback Next Week
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 29 (Bernama) -- The ringgit is likely to continue remaining in a narrow range within a similar trajectory of RM4.42 to RM4.43 against the US dollar next week due to the shortened trading week following the Hari Raya Aidilfitri public holiday, which is expected to be celebrated on Monday, March 31.
Gold Futures To Trade In Cautious Mode Next Week Ahead Of US Tariffs
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 29 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives is likely to trade in a cautious mode next week ahead of the United States (US) reciprocal tariffs that are expected to be enforced on April 2.