A political analyst pointed out that the reciprocal tariffs of 24% that US President Donald Trump has announced in Malaysia was not meant to punish Malaysia. Professor James Chin of Tasmania University, Australia also pointed out that Trump wants Putrajaya to remove bureaucratic red tapes and non-tariff barriers. “Not much Malaysia can do due to…
The US will proceed with a 104% tariff on China beginning Wednesday, the White House announced. “There will be 104% tariffs going into effect on China tonight at midnight,” said spokeswoman Karoline Leavitt at a press briefing on Tuesday, Bernama reported citing Anadolu Ajansi. Leavitt said President Donald Trump believes China “has to make a…
The US tourism industry was expecting a surge in the numbers of foreign tourists but thanks to US President Donald Trump’s big mouth over policies and the reciprocal tariff, people are shunning away from the US. The federal government’s National Travel and Tourism Office released preliminary figures Tuesday showing visits to the U.S. from overseas…
All ASEAN nations would be dispatching their official to Washington DC to conduct engagement sessions with the Trump administration over the recenty announced reciprocal tariffs. The move to initiate discussions is part of Malaysia’s alignment with the “soft diplomacy of quiet engagement” as opposed to “megaphone diplomacy”, said Prime Minister Datuk Seri Anwar Ibrahim. “Together…
The ringgit opened lower against the US dollar due to a lack of buying interest, as market uncertainty persists following US President Donald Trump’s global reciprocal tariffs. At 8.09 am, the ringgit depreciated to 4.4485/4765 against the greenback from last Friday’s close of 4.4335/4400. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid…
Major stock indexes plunged in Asia today as White House officials showed no sign of backing away from their sweeping tariff plans, and investors wagered the mounting risk of recession could see U.S. interest rates cut as early as May. Futures markets moved swiftly to price in almost five quarter-point cuts in U.S. rates this…
Parents can help their children who are of students to master English by allowing their children to apply what they are learning at home by conversing with them daily in the language so they can build up confidence, said the BELL Language centre principal Angeline Khoo. She said that confidence can come if students are…
Stock indexes tumbled on Thursday, with the S&P 500 down more than 4%, while the US dollar weakened and oil prices fell more than 6% as President Donald Trump’s drastic US trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bonds and the yen. A new baseline 10%…
At least three people were killed and seven wounded in an Israeli airstrike on Beirut’s southern suburbs early on Tuesday, the Lebanese health ministry said, further testing a shaky four-month ceasefire between Israel and the Iran-aligned group. The Israeli military said in a statement that it attacked a Hezbollah militant “who had recently directed Hamas…
PLUS that manages the Elite Highway initially halted traffic following a fire that was caused by a gas pipeline explosion earlier this morning near Putra Heights. The fire had occurred at KM10.7 of the southbound lanes of the expressway from USJ to Putra Heights. Traffic was halted on both directions at 11.43am. About 20 minutes…
