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Gold Futures Close Higher On Better Demand

KUALA LUMPUR, July 8 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on better demand amid news on the latest United States (US) imposition on tariffs, according to a trader.

Anwar’s Visits To Italy, France, Brazil To Strengthen Investment, Trade Prospects

By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah 

KUALA LUMPUR, July 8 (Bernama) -- Malaysia stands to gain immensely from Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Italy, France and Brazil, not only in attracting potential investments, but also in expanding export markets as protectionist tendencies from American tariffs threaten to shutter global trade.

Ringgit Eases Against US Dollar On US Tariff Adjustments

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed lower against the US dollar as market sentiment weakened amid the United States’ (US) latest reciprocal tariff policy adjustments, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow. 

Visits To Italy, France And Brazil Achieved Key Objectives, Says PM Anwar

RIO DE JANEIRO, July 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Monday that his official visits to Italy, France and Brazil have successfully met their intended objectives.

Malaysia Committed To Strengthening Economic Co-operation With Brics -- Tengku Zafrul

KUALA LUMPUR, July 7 (Bernama) -- Malaysia is committed to strengthening co-operation in economics, trade and investment with BRICS countries, especially with the great potential of artificial intelligence (AI) which needs to be harnessed for inclusive development.

Malaysia Guided By National Interest In Multilateral Engagement, MITI Says After US Warning To BRICS Allies

KUALA LUMPUR, July 7 (Bernama) -- Malaysia’s engagement with any multilateral platform is focused on trade facilitation and sustainable development, guided by national interest rather than ideological alignment, said the Ministry of Investment, Trade and Industry (MITI).

Gold Futures Close Lower As US Dollar Strengthens

KUALA LUMPUR, July 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Monday as the US dollar strengthened, analysts said.

Ringgit Lower Against US Dollar, Appreciates Vs Other Major Currencies

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed weaker against the US dollar on Monday but traded better against major currencies, as traders and investors are observing the United States (US) tariff situation, an analyst said. 

WTO Reform Needed To Safeguard Fair Policy Space Of Developing Countries - PM Anwar

From Arul Rajoo Durar Raj

RIO DE JANEIRO, July 6 (Bernama) -- Malaysia fully supports a comprehensive reform of the World Trade Organisation (WTO), said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, Modi Discuss Trade And Investment Potential, Proposed IIT Campus In Malaysia

From Arul Rajoo Durar Raj

RIO DE JANEIRO, July 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s meeting with his Indian counterpart Narendra Modi, held on the sidelines of the 17th BRICS Summit here on Sunday (Monday morning in Malaysia), touched on trade and investment opportunities as well as the proposed establishment of an Indian Institute of Technology (IIT) campus in Malaysia.

BRICS Reaffirms Commitment To Fair Trade, IMF Reform, And Financial Cooperation

KUALA LUMPUR, July 6 (Bernama) — The BRICS grouping has sent a strong message in defence of a rules-based multilateral trading system, rejecting unilateral, punitive and discriminatory protectionist measures imposed that are not in line with international laws, under the pretext of environmental concerns.

Malaysia Backs BRICS Call For Responsible AI Governance, ASEAN On Same Path - PM Anwar 

From Arul Rajoo Durar Raj

RIO DE JANEIRO, July 6 (Bernama) — Malaysia has welcomed the BRICS Statement on Artificial Intelligence (AI) Governance, voicing strong support for a vision of AI that serves development over domination, embeds ethics, reduces inequality and respects human dignity.