Share this page OIL prices fell over 1% on Friday, and were on track for the worst week in months over U.S. President Donald Trump’s new tariffs, stoking concerns that a global trade war could hurt oil demand. Read full story Author: Source: thestar.com.my
Share this page KUALA LUMPUR: The ringgit is expected to remain defensive versus the US dollar, trading at a range of 4.42-4.45, barring surprises, said Kenanga Investment Bank Bhd (Kenanga IB). Read full story Author: Source: thestar.com.my
Share this page KUALA LUMPUR: Axiata Group Bhd is exiting Myanmar after its subsidiary, Edotco Investments (Labuan) Ltd, signed a share purchase agreement (SPA) to sell its entire 87.5 per cent stake in Edotco Investments Singapore Pte Ltd for US$150 million (RM713 million). Read full story Author: Source: thestar.com.my
Share this page A normal-sized plush toy retails for around 50 yuan ($6.9) on average in China. However, a 31-centimeter version plush toy from London-based toymaker Jellycat is priced at 399 yuan or more, and flies off the shelves the moment it becomes available. Read full story Author: Source: thestar.com.my
Share this page KUALA LUMPUR: AGAPE ATP Corporation, through its subsidiary ATPC Green Energy Sdn Bhd, has entered into two sales and purchase agreements (SPAs) with an aggregate value of approximately US$24 billion (RM106.56 billion) with Swiss One Oil & Gas AG. Read full story Author: Source: thestar.com.my
Share this page GOLD prices fell on Friday as investors reassessed their risk outlook in the wake of U.S. President Donald Trump’s tariff measures, which have provided more clarity on market trends but raised concerns over economic slowdown. Read full story Author: Source: thestar.com.my
Share this page OIL prices fell further in early Asian trade on Friday, and were on track for the worst week in months over U.S. President Donald Trump’s new tariffs, stoking concerns over a global trade war that could weigh on oil demand. Read full story Author: Source: thestar.com.my
Share this page Shares in Ansell reversed course on Friday after having tumbled 25% from their February highs in the previous session, as the company unveiled plans to fully offset the tariff increases through pricing. Read full story Author: Source: thestar.com.my
Share this page New Civil Liberties Alliance, a conservative legal group, on Thursday filed what it said was the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the U.S. president overstepped his authority. Read full story Author: Source: thestar.com.my
Share this page KUALA LUMPUR: RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy. Read full story Author:
