BUSINESS
Local & World Business News
BUSINESS
Wall Street futures dip as tariff doubts hit risk appetite
Tariff uncertainty unnerved investors after US President Donald Trump announced a new 15% duty despite the Supreme Court ruling striking down his broader tariffs.
World Business
BUSINESS
Asian stocks rally after Trump’s Supreme Court tariffs blow
BUSINESS
China urges US to cancel unilateral tariffs after Supreme Court ruling
Employers advertised 694,940 jobs in January, a 3.05% monthly fall extending last year’s decline, weakest since January 2021.
The precious metal extends recovery momentum as the US ruling weakens the dollar, making bullion cheaper for many buyers.
Currency traders move cautiously amid conflicting signals from US policy, risk of conflict in the Middle East and fiscal concerns.
Confusion followed the US Supreme Court ruling against President Donald Trump’s emergency tariffs, as he first set a 10% rate for the rest of the world, then raised it to 15%, surprising some officials.
Local Business
BUSINESS
4 PKR MPs urge govt to suspend US trade deal ratification
BUSINESS
Bursa opens higher as tariff outlook supports markets
BUSINESS
Ringgit touches eight-year high
The local note rises to 3.8835/3.9065 as markets digest renewed uncertainty surrounding Washington’s tariff policies.
US president Donald Trump has said he will impose global tariffs of 15% to replace the tariffs scrapped by the Supreme Court.
Kuala Lumpur High Court rules that the one-year jail term and RM1 million fine against Su Eng Kooi and Yap Choong Seong are safe.
A 10 to 15-day nuclear deal deadline given to Iran by US president Donald Trump has led to a risk-off mode, says analyst.