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KUALA LUMPUR, July 12 (Bernama) -- As global trade tensions continue to rise, the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings wrapped up its four days of talks in Kuala Lumpur on Friday, July 11, with the United States’ (US) sweeping tariff hikes becoming a major talking point among regional leaders.
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KUALA LUMPUR, July 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended the week higher, defying a firmer US dollar, as geopolitical concerns boosted safe-haven demand.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 11 (Bernama) -- The ringgit ended the week lower against the US dollar on Friday as stronger US economic data fuelled demand for the greenback.
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KUALA LUMPUR, July 11 (Bernama) -- The Malaysian Rating Corporation Bhd (MARC Ratings) forecasts the Malaysian economy to grow by 4.4 per cent in 2025, down from 5.1 per cent in 2024, as external trade uncertainties dampen export momentum.
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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 11 (Bernama) -- ASEAN must demand reciprocal market access from major trading partners such as the European Union (EU) and China, especially in sectors like palm oil, halal products and electric vehicle (EV) battery minerals, to safeguard its regional trade stability amid rising global protectionism, an analyst said.
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By Harizah Hanim Mohamed
KUALA LUMPUR, July 10 (Bernama) -- Malaysia should continue to strengthen its intra-ASEAN trade relations and engage in multilateral partnerships, as this approach will reduce dependence on any single country and benefit all parties by minimising both trade and non-trade barriers, including tariffs and the movement of goods across borders.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 9 (Bernama) -- The ringgit closed lower against the greenback today as concerns over US tariffs continued to dominate market sentiment, an analyst said.
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SHAH ALAM, July 9 (Bernama) -- Logistics outfit DHL is optimistic about solidifying its growth in Malaysia despite the United States announcing a 25 per cent reciprocal tariff on Malaysia.
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KUALA LUMPUR, July 9 (Bernama) -- Malaysia still has time to negotiate better terms following the United States (US) decision to defer its tariff enforcement date to Aug 1, 2025, from the earlier scheduled date of July 9, CIMB Securities Sdn Bhd said.
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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 9 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday, as investors remained cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting, with economists divided over the likelihood of an Overnight Policy Rate (OPR) cut, said an analyst.
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By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah
KUALA LUMPUR, July 8 (Bernama) -- Malaysia stands to gain immensely from Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Italy, France and Brazil, not only in attracting potential investments, but also in expanding export markets as protectionist tendencies from American tariffs threaten to shutter global trade.