KUALA LUMPUR, April 11 — Bank Negara Malaysia (BNM) will wait for the global situation on trade tariffs to settle before making policy recommendations or revising growth forecasts, its governor said yesterday.
KUALA LUMPUR, April 11 — The ringgit opened higher against the US dollar today as investors remained cautious after Washington announced a 90-day pause in reciprocal tariffs for all countries except China.
SEOUL, April 9 — South Korea today announced emergency support measures for its auto sector, seeking to reduce the blow of US President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.
SINGAPORE, April 8 — The safe havens yen and Swiss franc held near six-month highs today while the US dollar nursed broad losses as financial markets grappled with mounting recession worries in the wake of President Donald Trump's sweeping tariffs.
HONG KONG, April 8 — Hong Kong leader John Lee said today the city would sign more free trade pacts to diversify its risk amid a global trade war triggered by what he called "ruthless" US tariffs that he said were disrupting the world economic and trade order.
BEIJING, April 8 — Several Chinese state holding companies vowed today to increase share investment while a slew of listed companies announced share buybacks as Beijing stepped up efforts to stabilise a stock market rocked by US tariff woes.
WASHINGTON, April 8 — US President Donald Trump said yesterday he will impose an additional 50 per cent tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States.
KUALA LUMPUR, April 8 — 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.
By Danial Dzulkifly SHAH ALAM, April 7 — Menteri Besar Dato’ Seri Amirudin Shari will begin consultations with industry experts next week to determine the state’s next steps in responding to the sweeping new tariffs imposed by the United States (US), warning that the rising trade barriers could...
PUTRAJAYA, April 7 — Malaysia needs to improve its preparedness in facing global economic uncertainties, including the impact of the market crash in the United States (US), which recorded losses of trillions of dollars, said Prime Minister Datuk Seri Anwar Ibrahim.
SYDNEY, April 7 — Major stock indexes plunged in Asia today as White House officials showed no sign of backing away from their sweeping tariff plans, and investors wagered the mounting risk of recession could see US interest rates cut as early as May.
BRUSSELS, April 7 — European Union countries will seek to present a united front in the coming days against US President Donald Trump's tariffs, likely approving a first set of targeted countermeasures on up to US$28 billion (RM126 billion) of US imports from dental floss to diamonds.
BENGALURU, April 4 — Your favorite iPhone could soon become much pricier, thanks to tariffs.
WASHINGTON, April 4 — Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the United States after President Donald Trump imposed a raft of new tariffs on key manufacturers of sportswear and apparel, including Vietnam and Indonesia.
BEIJING/WASHINGTON, April 4 — In its first months, US President Donald Trump's administration has moved to deter China from threatening its neighbours, signalling that the US will ramp up its military presence in the Indo-Pacific and offer more support to Taiwan.
WASHINGTON, April 4 — President Donald Trump said today he would consider a deal for TikTok where China agrees to approve the sale of the short video app owned by Byte Dance in exchange for relief from US tariffs on Chinese imports.
BEIJING, April 4 — Global ratings agency Fitch today downgraded China's sovereign credit rating, citing rapidly rising government debt and risks to public finances, as policymakers gear up to shield the economy from rising US tariffs.
KUALA LUMPUR, April 3 — The Investment, Trade and Industry Ministry (Miti) views the 10 per cent tariff hike and reciprocal tariff announced by the United States on Malaysian exports seriously, and is engaging with US authorities to seek solutions that will uphold the spirit of free and fair trade.
SEOUL, March 30 — South Korea, China and Japan held their first economic dialogue in five years today, seeking to facilitate regional trade as the three Asian export powers brace from United States President Donald Trump’s tariffs.
KUALA LUMPUR, March 28 — The ringgit continued to strengthen against the US dollar at the opening, as rapid shifts in US economic policies under President Donald Trump’s administration created uncertainty within the business community, potentially dampening demand.
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