Newsfeed – Business News
Tariffs deliver blow to dented Southeast Asian solar export
President Donald Trump’s cascade of tariffs on Southeast Asia threatens an already battered solar panel industry and its exports to the world’s largest economy, while also driving up the cost of renewable projects in the US. Read full story Author: Source: thestar.com.my
PMW International eyes ACE Market listing
PETALING JAYA: PMW International Bhd is eyeing a listing on the ACE Market of Bursa Malaysia. Read full story Author: Source: thestar.com.my
Bursa Malaysia dips as Trump’s tariffs hit sentiment, last-minute buying cushions losses
KUALA LUMPUR: Bursa Malaysia closed lower on Thursday, weighed down by fragile market sentiment following U.S. President Donald Trump’s announcement of reciprocal tariffs. Read full story Author: Source: thestar.com.my
Shares in sportswear brands Nike, Adidas and Puma slide after tariffs hit Vietnam
Shares in Nike, Adidas and Puma dropped sharply on Thursday after U.S. President Donald Trump imposed a raft of new tariffs, including on Vietnam, Indonesia, and China, key sourcing markets for the sportswear companies. Read full story Author: Source: thestar.com.my
Trump’s tariffs stoke global trade war as China, EU hit back
WASHINGTON/BEIJING/BRUSSELS: President Donald Trump’s move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth. Read full story Author: Source: thestar.com.my
Gold scales record peak as Trump tariffs fuel safe-haven scramble
Jittery investors flocked to safe-haven assets on Thursday and pushed gold to a record high after U.S. President Donald Trump unleashed more aggressive-than-expected import tariffs, kicking into higher gear an already heated global trade war. Read full story Author: Source: thestar.com.my
Southeast Asia nations, hit particularly hard by US tariffs, prep for talks with Trump
HANOI/BANGKOK: Vietnam’s government said on Thursday it would set up a task force and other Southeast Asian nations said they plan to seek talks with Washington as they reel from being hit with some of U.S. President Donald Trump’s heftiest tariffs. Read full story Author: Source: thestar.com.my
China’s handbag brands make waves in premium market
CHINA’s domestic handbag brands are making a significant impact in the premium market. Despite many unit prices exceeding 1,000 yuan ($138) — and some even soaring beyond 10,000 yuan — interest among consumers remains robust. Read full story Author: Source: thestar.com.my
Stocks slump as trade war stirs recession fear
SINGAPORE: Stocks dived on Thursday and investors scrambled for the safety of bonds, gold and the yen, fearing new U.S. tariffs have intensified a trade war threatening to tip the world into recession. Read full story Author: Source: thestar.com.my
Singapore’s foreign exchange and money markets are functioning normally, central bank says
SINGAPORE: The Monetary Authority of Singapore said on Thursday that Singapore’s foreign exchange and money markets continue to function normally. Read full story Author: Source: thestar.com.my