Newsfeed – Business News
Malaysia rules out retaliatory tariffs, explores measures to mitigate export impact
KUALA LUMPUR: The Ministry of Investment, Trade & Industry (MITI) takes the recent 10% tariff hike and reciprocal tariffs imposed by the United States on Malaysian exports seriously and is actively engaging with US authorities to seek solutions that uphold the spirit of free and fair trade. Read full story Author: Source: thestar.com.my
Trump tariffs draw global promises of counter measures
GOVERNMENTS around the world pledged counter measures on the U.S. after President Donald Trump unveiled on Wednesday a new baseline 10% tariff on goods from all countries plus reciprocal tariffs on those that his administration says have high barriers to U.S. imports. Read full story Author: Source: thestar.com.my
Dollar slips as investors seek safe havens after US tariffs
SINGAPORE: The dollar slid broadly on Thursday and the euro firmed after President Donald Trump announced more aggressive-than-expected tariffs against U.S. trading partners, jolting the markets as investors sought safe havens such as the yen and Swiss franc. Read full story Author: Source: thestar.com.my
Glove counters active as tariff shifts boost outlook for Malaysian players
KUALA LUMPUR: Glove counters were among the most active on Bursa Malaysia in early trade on Thursday, buoyed by a positive outlook for Malaysian players amid tariff shifts in the global market. Read full story Author: Source: thestar.com.my
How do tariffs work? Who pays, who collects and more
US President Donald Trump has defied decades of economic convention by imposing punitive tariffs on goods from some of the country’s most important trading partners. Read full story Author: Source: thestar.com.my
Trading ideas: T7 Global, OCK, Gas Malaysia
KUALA LUMPUR: Stocks that may attract trading interest today following their latest corporate developments include T7 Global Bhd, OCK Group Bhd and Gas Malaysia Bhd. Read full story Author: Source: thestar.com.my
Markets slump as Trump unveils steeper-than-expected tariffs
SINGAPORE: Stocks dived, bonds surged, the dollar rose and Asia’s markets were set to slide on Thursday as U.S. President Donald Trump announced a bigger-than-expected wall of tariffs around the world’s largest economy, upending trade and supply chains. Read full story Author: Source: thestar.com.my
US imposes 24% reciprocal tariff on Malaysia
KUALA LUMPUR: The United States has imposed a 24% tariff on Malaysia as part of President Donald Trump’s sweeping wave of trade measures. Read full story Author: Source: thestar.com.my
Policy reforms required to meet energy demand
Vietnam’s objective to achieve double-digit economic growth in the coming years is driving a sharp rise in electricity demand, experts say. Read full story Author: Source: thestar.com.my
China set to become a global powerhouse in energy storage
China’s energy storage industry is set to experience significant growth through 2027, fuelled by a combination of growing market demand and supportive government policies, according to industry experts and company executives. Read full story Author: Source: thestar.com.my