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World's Top Economies US, China Agree Initial 90-day Tariff Relief After Geneva Talks

GENEVA, May 12 (Bernama-Anadolu) -- The US and China have agreed to a sweeping rollback of punitive tariffs for an initial 90-day period, signalling a rare moment of relief in their protracted trade conflict and raising hopes for longer-term economic stability, according to a joint statement released by the US on Monday.

Taiwan Dollar Rally Heightens FX Risk For Life Insurers, AM Best Warns 

KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.

Data Centre Nexus 2025 Powers Up Malaysia's Digital Future

KUALA LUMPUR, May 8 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has hosted Data Centre Nexus 2025, bringing together 400 stakeholders from across the digital ecosystem to reimagine Malaysia’s role in the global data economy.

Gold Futures End Higher Amid Ongoing US-China Tariff Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, May 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Tuesday amid ongoing tensions over the US-China tariffs.

ACCIM Sees Cordial Talks As Key To Fair, Balanced Malaysia-US Trade Deal

KUALA LUMPUR, May 5 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) believes that continued cordial negotiations between the Malaysian and United States (US) governments can lead to a fair and balanced trade deal.

Maybank Pioneers First Pilot Single Family Office In Forest City

KUALA LUMPUR, May 5 (Bernama) – Malayan Banking Bhd (Maybank), together with its client ONE KL Management Sdn Bhd (ONE KL), has secured the first pilot single family office establishment under the Malaysian Single Family Office scheme in the Forest City Special Financial Zone (FCSFZ).  

BNM Likely To Cut OPR By 25 bps On July 9, By-passing MPC May Meeting - CIMB Securities

KUALA LUMPUR, May 2 (Bernama) -- CIMB Securities Sdn Bhd anticipates Bank Negara Malaysia (BNM) to cut the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.75 per cent on July 9, 2025, by-passing the Monetary Policy Committee (MPC) meeting in May.

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).

Japan To Lead High-Powered Delegation To Malaysia Next Week To Deepen Green Energy Cooperation

KUALA LUMPUR, May 2 (Bernama) -- Japan will lead a high-powered delegation to Malaysia next week to discuss deepening cooperation in the Asia Zero Emission Community (AZEC) to achieve decarbonisation, economic growth and energy security.

Capital A On Track To Complete Regularisation, Restructuring Plan By June

KUALA LUMPUR, May 2 (Bernama) -- Capital A Bhd is on track to complete its proposed regularisation and restructuring plan by June 2025, citing continued progress across key regulatory, financial and operational milestones. 

AKWEL Q1 Revenue Slips 4.0 Pct On Weak Auto Output, 2025 Outlook Unchanged

KUALA LUMPUR, May 2 (Bernama) -- AKWEL, a French automotive parts supplier specialising in fluid management and components for electric vehicles, posted first-quarter (QI) 2025 revenue of 255.6 million euros, down 4.0 per cent on a like-for-like basis as global auto production weakened in most key markets outside China and Japan. (1 Euro = RM4.87)

Muted Start For Bursa Despite Wall Street Rally

KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia opened lower on Friday, as investors returned from the holiday with slightly muted appetite, shrugging off overnight gains on Wall Street fuelled by strong earnings from Microsoft and Meta.