9m ago
By CW Sim
KUALA LUMPUR, April 7 (Bernama) -- When President Donald Trump announced a 24 per cent reciprocal tariff on Malaysia on April 2, 2025, it triggered concern across Southeast Asia. But in Kuala Lumpur, the initial turbulence gave way to a clearer recognition — this was not an unforeseen storm.
9m 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.
9m 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.
9m ago
MELAKA, April 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the country’s planned economic growth may be slightly affected by the tariff rates recently announced by United States President Donald Trump.
9m 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.
9m 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.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
9m ago
KAJANG, April 4 (Bernama) -- Malaysia, as the chair of ASEAN, will engage in discussions with several member states of the bloc to reach a collective agreement regarding the reciprocal tariff issue announced by the United States (US) to ensure that the principle of fairness is upheld in international trade.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- The ringgit is expected to remain defensive versus the US dollar, trading at a range of 4.42-4.45, barring surprises, said Kenanga Investment Bank Bhd (Kenanga IB).
9m ago
KUALA LUMPUR, April 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- The ringgit retreated to open marginally lower today, weighed by pressure against the US dollar following United States (US) President Donald Trump’s announcements on global reciprocal tariffs.
9m ago
KUALA LUMPUR, April 3 (Bernama) -- Giesecke+Devrient (G+D), a SecurityTech company, reported a record-breaking 3.132 billion euros in revenue for the 2024 fiscal year, surpassing its strong performance in 2023 despite challenging economic conditions. (1 Euro = RM4.85)