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Maybank IB Maintains Positive Outlook On EMS Sector Despite Tariff Impact

KUALA LUMPUR, April 10 (Bernama) -- Maybank Investment Bank (Maybank IB) has maintained its positive outlook on the electronics manufacturing services (EMS) sector, despite the impact of new tariffs, which have weighed heavily on sector valuations.

ASEAN Must Remain Neutral In Trade War Between Economic Superpowers - Andrew Sheng

KUALA LUMPUR, April 10 (Bernama) -- ASEAN must remain neutral in the escalating global trade war over tariffs between superpowers the United States and China, former Bank Negara Assistant Governor Tan Sri Andrew Sheng said.

PM Anwar Expected To Deliver Consensus Statement For ASEAN To Galvanise Inherent Strength To Achieve Economic Independence, Ward Off Global Risks  

KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) today is paramount for getting a buy-in from ministers for regional consensus to deal with crippling American tariffs.

Gold Futures Rebound, Tracking COMEX Gains

KUALA LUMPUR, April 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Wednesday, snapping a four-day losing streak in line with gains on the COMEX, amid heightened trade war tensions.

Ringgit Weakens Against US Dollar Amid Ongoing Trade War Concerns

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.

Local Rubber Market Extends Downtrend, Tracking Losses In Regional Market

KUALA LUMPUR, April 9 (Bernama) -- The Malaysian rubber market continued to close lower on Wednesday, dragged by huge losses in regional rubber futures markets, a dealer said.

Broad-based Selling Drags Bursa Malaysia Down, With FBM KLCI Just Above 1,400-level

By Anas Abu Hassan

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia extended its downtrend to close lower today as broad-based selling was seen across the board amid the escalating global trade war, with the benchmark index hovering just above the 1,400-level.

Tariffs, Trump And Trade: Why Malaysia Must Choose Restraint Over Retaliation

KUALA LUMPUR, April 9 (Bernama) -- The recent decision by the United States (US) to impose tariffs on Malaysian exports marks a sharp turn in global economic diplomacy, one that is symptomatic of deeper geopolitical anxieties. 

SumiSaujana Makes Lacklustre Debut On Ace Market

KUALA LUMPUR, April 9 (Bernama) -- SumiSaujana Group Bhd made a lacklustre debut on Bursa Malaysia’s ACE Market today amid the continuing global market uncertainty caused by a US-led tariff conflict.

Andrew Sheng Warns US-China Trade War Will Have Long-Lasting Impact On ASEAN

By Karina Imran

KUALA LUMPUR, April 9 (Bernama) — A former central banker has warned that the ongoing US-China trade war, which has seen tariffs on Chinese goods rise by over 104 per cent, will have a long-lasting impact on global markets, including Malaysia and ASEAN countries. 

Ringgit Firms Slightly Against Dollar In Early Trade

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.

Gold Futures Close Lower Amid Global Trade Tensions

By Siti Noor Afera Abu

KUALA LUMPUR, April 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today amid the ongoing global trade tensions between the US and its key trading partners.