1y ago
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.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 7 (Bernama) -- The Malaysian rubber market closed lower on Monday, dragged down by the losses in the regional rubber markets and decline in benchmark crude oil prices, a dealer sai
1y ago
KUALA LUMPUR, April 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s call for no retaliatory tariff following the United States (US) new tariff hike may prove as a wiser move, said EMIR Research founder Datuk Dr Rais Hussin.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened lower against the US dollar due to a lack of buying interest, as market uncertainty persists following US President Donald Trump's global reciprocal tariffs.
1y ago
KUALA LUMPUR, April 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has given an assurance that Malaysia will not slip into a recession for now following the imposition of tariffs by the United States, as the country's economy remains resilient.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
1y ago
By Nor Baizura Basri
KUALA LUMPUR, April 6 (Bernama) -- ASEAN finance ministers will meet here next week amid a sense of urgency to deepen economic integration and enhance financial resilience as the global trade war erupts, no thanks to debilitating tariffs imposed by the United States.
1y ago
KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member.
1y ago
KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member.
1y ago
By Yin Shao Loong
KUALA LUMPUR, April 4 (Bernama) -- The April 2 tariffs unveiled by United States (US) President Donald Trump have shocked the world and represent a departure from the globalisation policy of previous US administrations.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 3 (Bernama) -- The Malaysian rubber market closed lower again on Thursday in tandem with regional rubber futures markets in light of the greater-than-expected US tariff hike and sharp declines in crude oil prices, a dealer said.
1y ago
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.