Gold Futures End Mixed Amid New US Tariffs
KUALA LUMPUR, Aug 1 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mixed today, following new tariffs imposed by the United States on its trading partners.
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KUALA LUMPUR, Aug 1 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mixed today, following new tariffs imposed by the United States on its trading partners.
KUALA LUMPUR, Aug 1 (Bernama) -- The reduction in United States (US) import tariffs on Malaysian goods from 25 per cent to 19 per cent is expected to provide a timely boost for Malaysia’s export-oriented manufacturers, said Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, Aug 1 (Bernama) -- The reduction of the US tariff to 19 per cent imposed on Malaysian imports, although not as deep as expected, still provides relief from rising cost pressures faced by small and medium enterprises (SMEs), particularly those in manufacturing, furniture, textiles, and food exports.
KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit closed lower against the US dollar on Friday as the dollar strengthened following new tariffs imposed by the United States on its trading partners, alongside developments related to the 13th Malaysia Plan (13MP).
KUALA LUMPUR, Aug 1 (Bernama) -- Semiconductor and pharmaceutical exports to the United States (US) are exempt from the 19 per cent tariff for now, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 1 (Bernama) -- Bargain hunting pushed Bursa Malaysia to end the week higher as investors cheered the United States (US) tariff reduction on all Malaysian products entering the country, coupled with positive market sentiment following the announcement of the 13th Malaysia Plan (13MP).
KUALA LUMPUR, Aug 1 (Bernama) -- The government remains firm on matters related to policies in the financial system, government procurements, and Bumiputera interests during negotiations with the United States (US) on reciprocal tariffs.
KUALA LUMPUR, Aug 1 (Bernama) -- CIMB Securities Sdn Bhd expects the revised United States tariff rates for glove-producing countries will prompt Chinese glove makers to shift production to the ASEAN region, particularly Indonesia.
BANGKOK, Aug 1 (Bernama) -- The new 19 per cent tariff the United States (US) imposed on Thai goods, effective today, represents a win-win outcome to preserve Thailand’s export base and ensures long-term economic stability.
KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia rebounded from two days of losses to open higher on Friday, supported by improved sentiment following the United States’ (US) move to reduce the tariff rate on Malaysian imports.
KUALA LUMPUR, July 31 (Bernama) -- The air cargo industry’s demand, measured in cargo tonne-kilometers (CTK), increased 0.8 per cent year-on-year (y-o-y) in June 2025, down from 2.2 per cent in May, reflecting continued uncertainty in the cargo market amid trade tensions.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 31 (Bernama) -- The Malaysian rubber market has continued to end lower today, tracking losses in regional rubber futures markets and crude oil prices, a dealer said.