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Ringgit Rises Against Greenback Following Govt Response To Impact From US Reciprocal Tariffs

By Danni Haizal Danial Donald

KUALA LUMPUR, May 5 (Bernama) -- The ringgit ended higher against the US dollar at the close on Monday, amid the government’s response towards the impact of the reciprocal tariff from the United States (US), said an analyst.

US Tariff: Govt To Boost SJPP Guarantee Schemes By RM1 Bln To Assist SME Exporters

KUALA LUMPUR, May 5 (Bernama) -- The government has agreed to raise government guarantees under the Business Financing Guarantee Scheme (SJPP) by RM1 billion to assist small and medium enterprises (SMEs) that are affected following the United States (US) tariff announcement to secure loans from commercial banks.

Ringgit Rises Against Weaker US Dollar

KUALA LUMPUR, May 5 (Bernama) -- The ringgit edged up slightly against the US dollar on Monday, as a weaker greenback, weighed down by dovish sentiment from the United States (US) Federal Reserve (Fed) on interest rates and new trade developments related to China, supported the local currency, said an analyst

Special Parliament Session To Address US Tariffs On May 5

KUALA LUMPUR, May 4 (Bernama) -- All eyes will be on the Dewan Rakyat on Monday as Members of Parliament convene for a special sitting to deliberate on the United States’ (US) surprise imposition of retaliatory tariffs on Malaysian exports – a move that has sparked concern across government and industry.

Warren Buffett Announces Retirement As Berkshire CEO By Year's End

ISTANBUL, May 4 (Bernama-Anadolu) -- Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, an American multinational conglomerate holding company, announced plans to retire at the company's 2025 annual shareholders meeting on Saturday, capping a 55-year tenure, Anadolu Ajansi (AA) reported.

MARC Projects Malaysia's 1Q GDP Growth At 4.4 Pct

KUALA LUMPUR, May 2 (Bernama) -- Malaysia’s economy is anticipated to moderate to 4.4 per cent in the first quarter of 2025 (1Q2025), from 5.0 per cent in the previous quarter, according to the Malaysian Rating Corp Bhd (MARC).

PM Anwar Displays Astute Political Acumen As ASEAN Chair In Navigating Unexpected Challenges Confronting Region

KUALA LUMPUR, May 1 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim has displayed acute political acumen as chair of ASEAN in navigating challenges confronting the region, some of which no one would have guessed when he received the baton of the ASEAN chairmanship from Laos in October last year. 

Bursa Malaysia Roars Back, CI Jumps 1.63 Pct On Bargain Hunting, Foreign Funds

By Zufazlin Baharuddin

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia bounced back from yesterday’s losses to close on a firmer footing today, with the key index gaining 1.63 per cent, buoyed by bargain hunting, renewed foreign fund inflows, and signs of easing trade-related anxieties.

Trump Plans Exemptions On Car Parts After Industry Complaints

WASHINGTON, April 30 (Bernama-dpa) -- Carmakers in the United States are to receive relief from tariffs on components, according to a senior Department of Commerce official on Tuesday, reported German Press Agency (dpa). 

Bursa Malaysia Opens Higher In Line With Wall Street's Upbeat Performance

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia opened higher today, following Wall Street’s upbeat performance driven by falling US Treasury yields and the White House’s easing tariff rhetoric, including a planned rollback of 25 per cent car-related tariffs.

Ringgit Extends Gains On Positive Trade Signals, Finishing At Six-month High 

KUALA LUMPUR, April 29 (Bernama) -- The ringgit continued to appreciate against the US dollar to end firmer today, closing at over six-month high, driven by signs of easing global trade tensions, an analyst said.

Rubber Market Extends Decline On Stronger Ringgit, Regional Futures Downtrend

KUALA LUMPUR, April 29 (Bernama) -- The Malaysian rubber market extended the downtrend today in tandem with regional rubber futures markets and a stronger ringgit against the United States (US) dollar as China withheld additional stimulus, said a dealer.