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Office of the United States Trade Representative - Latest News & Updates
4+ hour, 39+ min ago (34+ words) Free Malaysia Today Office of the United States Trade Representative Don't penalise compliant manufacturers, FMM urges US most viewed last 2 days...
Between Trump and a hard place: Fed chair Warsh to lead first rate meeting
2+ week, 6+ day ago (667+ words) Inflation is at a three-year high but Warsh still faces unrelenting pressure from the White House to lower interest rates. The bank's 12-member Federal Open Market Committee (FOMC) will begin a two-day meeting on Tuesday and is widely expected to…...
Ringgit opens higher against greenback, most regional peers
3+ week, 2+ day ago (253+ words) Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said US President Donald Trump had indicated that a deal with Iran was close to being finalised, which could lead to the resumption of shipping activities in the Strait of Hormuz. "Meanwhile,…...
Ringgit closes slightly higher against US dollar, major currencies
3+ week, 2+ day ago (251+ words) At 6pm, the local currency inched up to 4. 0650/4. 0690 versus the greenback from yesterday's close of 4. 0670/4. 0715. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the ringgit held steady at the RM4. 06 level despite the US consumer price index (CPI) hitting a three-year…...
ECB makes first rate hike since 2023 to tame Iran war inflation
3+ week, 2+ day ago (504+ words) The ECB lifted its deposit rate a quarter point to 2. 25%, becoming the first major central bank to tighten monetary policy in response to the energy shock unleashed by the conflict. Eurozone inflation has been accelerating since the start of the…...
Indonesia swallows "bitter pill" to stem market rout as policy tide turns
3+ week, 3+ day ago (761+ words) Investors have been unnerved by President Prabowo Subianto's populist policies, most notably perceived pressure on the central bank to align with his pro-growth agenda, alongside expansive government spending on ambitious social programmes and fuel subsidies from the state budget. The…...
Indonesia's central bank unveils surprise rate hike to stem rupiah rout
3+ week, 4+ day ago (329+ words) More than a week before its next monthly monetary policy meeting, officials lifted borrowing costs to 5. 5%, following an unexpected 50-point increase last month aimed at stabilising the weakening rupiah and battling inflation. Jakarta's main stock index rose nearly 5% in Tuesday…...
US trade gap narrows in April on oil exports boost
3+ week, 4+ day ago (199+ words) The overall trade gap narrowed 1. 2% to US$55. 9 billion, said the commerce department. Economists surveyed by Dow Jones Newswires and The Wall Street Journal had expected a US$56. 1 billion figure. US exports of crude oil and petroleum products have surged since…...
Malaysia eyes nearly US$200bil in electronics exports in 2026 | FMT
3+ week, 4+ day ago (197+ words) E&E exports climbed to RM711 billion in 2025 after hitting RM601 billion the year before. "I don't see that slowing down, I see that continuing. In fact, the number could be higher this year," Malaysia Semiconductor Industry Association president Wong Siew Hai…...
Singapore sees risk of slower growth, higher inflation in second half of year
3+ week, 5+ day ago (270+ words) The trade-reliant city-state's economy expanded by 6% year-on-year in the first quarter, buoyed by surging demand for artificial intelligence chips. However, Wong said the impact of the US- and Israeli-led war against Iran, which began on Feb 28, had yet to be…...