Newsfeed – Business News
Ringgit opens higher against greenback after US pauses tariffs for 90 days
KUALA LUMPUR: 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. Read […]
Bursa Malaysia tumbles in line with global markets as reality of US-China trade war sinks in
KUALA LUMPUR: Domestic equities gave back some of the recovery gains made yesterday as investors digested the reality of staggering US tariffs on China’s exports, and what a trade war […]
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Bursa Malaysia. Read full story Date: April 11, 2025 9:02 am Source: thestar.com.my
Study finds Trump’s 25% auto tariffs could cost US automakers US$108bil
DETROIT: A new analysis by the Center for Automotive Research has found that President Donald Trump’s 25% auto tariffs imposed in early April will increase costs by about $108 billion […]
Trump trade war with China revives recession, bear market fears
Read full story Date: April 11, 2025 9:01 am Source: thestar.com.my
Wall St ends sharply lower on tariff war worries
Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of US President Donald Trump’s multi-front tariff war. Read full story Date: April 11, 2025 9:01 am Source: […]
Oil settles down as investors reassess Trump’s tariff flip
Oil prices settled more than US$2 per barrel lower on Thursday, wiping out the last session’s rally, as investors reassessed a planned pause in sweeping US tariffs and focus shifted to […]
US importers, whip-sawed by tariff uncertainty, move to sidelines
So many US companies rushed in goods to avoid President Donald Trump’s threatened tariffs that imports soared to near-record levels in recent weeks. Now, retailers and other importers are hitting […]
Magnificent Seven ride again, add US$1.5 trillion in market value
The “Magnificent Seven” stocks amassed more than US$1.5 trillion in market value after US President Donald Trump paused his sweeping tariffs for 90 days, easing pressure on tech giants that […]
Hanoi to start negotiations on reciprocal trade agreement
Vietnam and the United States have agreed to launch negotiations on a reciprocal trade agreement, which will include provisions related to tariffs. Read full story Date: April 11, 2025 6:00 […]