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US softens tariff on Malaysia, boosting FBM KLCI

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KUALA LUMPUR: Investors welcomed the reduction in US tariffs on Malaysian exports, with sentiment turning positive in early trade after the rate was lowered to 19% from the previous 25%. […]

Ringgit opens flat against US dollar, higher versus other majors

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KUALA LUMPUR: The ringgit opened flat against the US dollar but rose against other major currencies, with investors still weighing the outcome of the Federal Open Market Committee (FOMC) meeting […]

Financial sector must play key role in enabling SMEs in strategic growth sectors, says BNM Governor

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KUALA LUMPUR: As Malaysia charts its path forward under the 13th Malaysia Plan (13MP), the financial sector must play a transformative role in enabling small and medium enterprises (SMEs) to […]

Rwanda, Congo hold first meeting of joint oversight committee under peace deal

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(Reuters) -Rwanda and the Democratic Republic of Congo held the first meeting of a joint oversight committee on Thursday, taking a step toward implementing a peace deal agreed last month […]

Trading ideas: TNB, ITMAX, YTL-REIT, Paramount, Bintai Kinden, Chin Hin, Pharmaniaga, Unisem, Avillion

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​​​​​​​KUALA LUMPUR: Stocks to watch today include Tenaga Nasional Bhd (TNB), ITMAX System Bhd, YTL Hospitality Real Estate Investment Trust (YTL‑REIT), Paramount Corp Bhd, Bintai Kinden Corp Bhd, Chin Hin […]

El Salvador’s ruling party backs indefinite re-election in constitutional proposal

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SAN SALVADOR (Reuters) -A ruling party lawmaker in El Salvador on Thursday sent a bill to modify the constitution to drastically overhaul how elections are run in the Central American […]

Trump modifies tariff rate for Lesotho to 15% as small country reels from tariff impacts

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(Reuters) -The small African country Lesotho received a modified tariff rate of 15% Thursday from U.S. President Donald Trump as the nation continued to reel from high tariffs the administration […]

Trump sets 10% to 41% ‘reciprocal’ tariffs on dozens of countries’ exports

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WASHINGTON (Reuters) -President Donald Trump signed an executive order on Thursday imposing reciprocal tariffs ranging from 10% to 41% on U.S. imports from dozens of countries and foreign locations. Read […]

Britain says EU is removing tariffs on steel under quota

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LONDON (Reuters) -Britain said the European Union will remove tariffs on key steel products under a quota system from Friday as part of a reset of ties and a recent […]

‘Governor’s family not involved in student’s death’

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KOTA KINABALU: Istana Seri Kinabalu has denied claims that the state governor’s family was involved in the recent death of Form One student Zara Qairina Mahathir at SMA Tun Datu […]

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