KUALA LUMPUR: Malaysia has urged Chinese companies to refrain from using it as a base to "rebadge" products to avoid US tariffs, its Investment, Trade and Industry Deputy Minister Liew Chin Tong (pic) said on Monday, amid increasing export restrictions and concerns of a US-China trade war. Washington is expected to further curb exports to Chinese semiconductor toolmakers...
KUALA LUMPUR: Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.10 points to 1,604.25 from Tuesday’s close of 1,603.15. The benchmark index opened 1.81 points lower at 1,601.34 and moved between 1,600.83 and 1,609.41...
Some Chinese-born scientists and engineers in the United States are hopeful the second Trump presidency will recognise their contribution to American academia and scientific advances, despite the first Trump administration introducing an initiative they say brought fear and discrimination. In addition to hope, they have expressed a mix of emotions – ranging from goodwill and cautious...
KUCHING: The United States (US) is keen to strengthen cooperation with Sarawak, particularly in the offshore gas and aerospace sectors. US Ambassador to Malaysia Edgard D. Kagan said that Sarawak has huge potential and expertise in both sectors and is making great strides in the renewable energy sector. He said these were among the topics he discussed...
KUALA LUMPUR: As the Asean chair next year, Malaysia will lead the regional grouping in engaging more proactively with the US and China to reduce their growing tensions. "As long as we (Asean) take this centrality role to continue to engage with both, I think it should be alright to contain (the tensions),” said Malaysia’s Prime...
KUALA LUMPUR: As the Asean chair next year, Malaysia will lead the regional grouping in engaging more proactively with the US and China to reduce their growing tensions. "As long as we (Asean) take this centrality role to continue to engage with both, I think it should be alright to contain (the tensions),” said Malaysia’s Prime...
KUALA LUMPUR: The ringgit reached an 18-month high today, driven by concerns of a potential recession in the United States, said an analyst. At 6 pm, the ringgit strengthened to 4.3805/3850 against the US dollar, marking its best performance since Feb 14, 2023. On Friday (Aug 16), the ringgit closed at 4.4295/4350 against the greenback. Bank Muamalat Malaysia...
SINGAPORE: A Singaporean man accused of being the leader of an international insider trading and money laundering scheme has been arrested here, following a request in June from the US. Ge Zhi (pic), 33, was apprehended on July 3 and taken to the State Courts the next day, where he was ordered to be held under...
KUALA LUMPUR: Cadet Akmal Musyrif Mohd Shariff is the sole Malaysian admitted to train with the United States Air Force Academy this year. The 20-year-old from the National Defence University of Malaysia is among 15 international cadets from 45 countries chosen to head to the academy based in Colorado Springs where he will spend four years...
U.S. lawmakers have urged the Securities and Exchange Commission (SEC) to review its cyber security preparedness after the financial regulator's X account posted market material information earlier in the week due to a hack. Someone briefly accessed its X, formerly called Twitter, account on Tuesday, the agency had confirmed, and posted a fake message saying it...
