Newsfeed – Business News
Bank Negara to look beyond interest rates amid tariffs
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the country is entering the tariff disputes from a position […]
ACE Market-bound WTEC group targets 10% revenue growth for FY26
KUALA LUMPUR: ACE Market-bound WTEC Group Bhd expects to increase its revenue by at least 10 per cent in the financial year ended Dec 31, 2026 (FY2026) compared to FY2024 by enhancing production […]
US bonds, dollar battered as ‘sell America’ trade heats up
LONDON/SYDNEY: Global markets were pummelled on Wednesday as President Donald Trump’s eye-watering 104% tariffs on China took effect, and a savage selloff in U.S. bonds sparked fears that foreign funds […]
Khazanah says hard to exit private assets
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. said the uncertainty stemming from US President Donald Trump’s sweeping global tariffs is making it difficult to exit private assets as it reviews […]
WTCKL and WTC Shenzhen sign MoU to boost international trade and investment
KUALA LUMPUR: World Trade Centre Kuala Lumpur (WTCKL) and World Trade Centre Shenzhen/Shenzhen Municipal Committee of the China Council for the Promotion of International Trade (CCPIT) have signed a memorandum […]
Tariffs may encourage more yuan use
US new tariff push may boost alternative currencies like the Chinese renminbi, experts say. Read full story Date: April 9, 2025 3:01 pm Source: thestar.com.my
Malaysia’s federal govt decifit to narrow to 3.8% of GDP in 2025 – BMI
KUALA LUMPUR: BMI, a unit of Fitch Solutions, has retained its forecast that Malaysia’s federal government budget deficit will narrow to 3.8 per cent of gross domestic product (GDP) in […]
Gold prices climb 1% as US tariffs take effect, dollar wavers
GOLD prices rose 1% on Wednesday as the dollar weakened after U.S. President Donald Trump’s tariffs on China took effect, with most traders flocking to safe-haven bullion for cover as […]
Bond rout starting to sound market alarm bells
SINGAPORE: U.S. Treasuries extended heavy losses on Wednesday in a sign investors are dumping even their safest assets as a global market rout unleashed by U.S. tariffs takes an unnerving […]
Offshore yuan near record low as US forges ahead with 104% tariffs on China
SINGAPORE/HONG KONG: The offshore yuan languished near record lows struck overnight in early trading on Wednesday, as investors fretted about intensifying Sino-U.S. trade tensions and the impending 104% tariffs on […]