
Local & World Business News

Trump delays higher tariffs on imported furniture
With US households feeling the pinch from elevated living costs, Donald Trump pushed the planned tariffs to 2027 shortly before they were due to take effect.
World Business

Crisis-hit Sri Lanka’s inflation falls way below target

Higher US tariffs on imported furniture take effect
Venezuela’s economy struggles with high inflation and currency shortages despite Nicolas Maduro’s 9% growth forecast for 2025.
The industry ministry reported exports above US$700 billion in 2025, a 3.8% increase from the previous year.
Year-end decline aside, all three indices logged solid gains for the full year, with the Dow rising 13%, the S&P 500 16.4% and the Nasdaq 20.4%.
Beef prices in China have fallen in recent years due to oversupply and weak demand amid the slowing economy.
Local Business

2025 economic performance unexpectedly positive

2026 will be the year of the great SME pivot
The FBM KLCI rose just 2.3% while the stock markets of major Asian nations soared to lofty heights this year.
Capital A Bhd says RHB Investment Bank Bhd has applied on behalf of the firm to extend the deadline, which was initially set for Jan 2.
The local currency is expected to appreciate further next year, supported by a strong domestic economy, says analyst.
While external data was supportive, the lack of sustained domestic participation limited upside momentum, says analyst.










