1y ago
By Siti Baaqiah Mamat
KUALA LUMPUR, April 10 (Bernama) -- The imposition of United States’ (US) tariffs and the potential for retaliatory measures could lead to heightened volatility in capital flows and exchange rates, according to a joint statement of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).
1y ago
SINGAPORE, April 10 (Bernama) -- Singapore will continue to work closely with other ASEAN Member States to double down on regional economic integration amid uncertainties following the new United States (US) tariff measures, said Deputy Prime Minister and Trade and Industry Minister Gan Kim Yong.
1y ago
KUALA LUMPUR, April 10 (Bernama) -- A Special ASEAN Leaders’ Meeting will be convened to discuss the en bloc’s member states’ way forward and to address and mitigate potential disruptions to regional trade, supply chain networks, and cross-border investments in the face of rising geopolitical and economic challenges
1y ago
By Dr Paul Anthony Maria Das
KUALA LUMPUR, April 10 (Bernama) -- United States (US) President Donald Trump’s sweeping decision to impose a 24 per cent blanket tariff on Malaysian imports is more than just a protectionist measure.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, April 9 (Bernama) -- ASEAN is collectively navigating one of the most complex periods in recent history, from trade tariff and geopolitical tensions to climate challenges, as well as the tremendous pace of technological advancements and economic agility in respective economies.
1y ago
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.
1y ago
KUALA LUMPUR, April 9 (Bernama) -- ASEAN, which remains committed to upgrading existing free trade agreements (FTAs) to ensure they stay relevant and effective, will see the upgraded version of the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) deal on April 21, 2025.
1y ago
KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia opened lower on Wednesday, tracking losses on Wall Street and amid investor caution over the United States' reciprocal tariffs taking effect today, which have heightened concerns about global trade tensions, an analyst said.
1y ago
KUALA LUMPUR, April 8 (Bernama) -- AEON Credit Service (M) Bhd reported a 12.6 per cent drop in net profit to RM370.61 million for the financial year ended Feb 28, 2025 (FY2025) from RM424.01 million in FY2024.
1y ago
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.
1y ago
By Karina Imran
KUALA LUMPUR, April 8 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is set to lead Malaysia’s delegation to Washington at end of this month to discuss the reciprocal tariffs imposed by the United States (US) on Malaysia.
1y ago
KUALA LUMPUR, April 8 (Bernama) -- China, Japan and South Korea, which have signalled alliances since the announcement of sweeping US tariffs, held their second trilateral meeting in just eight days after their first engagement this year, reflecting the urgency as Washington’s move has caused ripple effects globally.