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S&P Global reaffirms Malaysia’s sovereign credit ratings, stable outlook, says Finance Ministry
KUALA LUMPUR, Sept 20 — S&P Global Ratings (S&P) has reaffirmed Malaysia’s sovereign credit ratings at ‘A-’ with a stable outlook, underscoring confidence in the country’s macroeconomic management despite global trade uncertainty, according to the Finance Ministry (MoF). The rating
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Malaysia’s halal trade fair Mihas 2025 draws record deals, says Matrade
KUALA LUMPUR, Sept 20 — The Malaysia International Halal Showcase (Mihas) 2025 has recorded RM4.97 billion in sales as of the third day of the event, and the figure is set to increase even higher, according to the Malaysia External
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Bursa Malaysia slips at open, tracking Wall Street’s mixed close after Fed decision
KUALA LUMPUR, Sept 18 — Bursa Malaysia opened lower on Thursday, tracking overnight Wall Street’s mixed close, where traders locked in profits after the United States (US) Federal Reserve’s (Fed) expected rate cut and outlook for more adjustments. At 9.10
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Ringgit dips against US dollar after Fed rate cut signals gradual easing
KUALA LUMPUR, Sept 18 — The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened following the US Federal Reserve’s (Fed) decision to cut its benchmark interest rate by 25 basis points. At 8 am, the
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US Fed makes first rate cut of 2025, citing employment risks as Trump’s influence grows
WASHINGTON, Sept 18 — The US Federal Reserve yesterday lowered interest rates for the first time this year, flagging slower job gains and risks to employment as policymakers face heightened pressure under President Donald Trump. The Fed cut the benchmark
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Microsoft announces landmark US$30b UK investment as Trump, Starmer seek tech ties
LONDON, Sept 17 — Microsoft announced yesterday a US$30 billion (RM125 billion) investment in the UK over four years, as US President Donald Trump landed in Britain for a landmark second state visit. “We’re committed to creating new opportunity for
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Ringgit opens stronger against US dollar on softer Fed outlook
KUALA LUMPUR, Sept 17 — The ringgit opened firmer against the US dollar on Wednesday, supported by a combination of external factors including expectations of a more accommodative policy stance by the United States (US) Federal Reserve (Fed), said an
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Bursa Malaysia opens higher ahead of key US interest rate decision
KUALA LUMPUR, Sept 17 — Bursa Malaysia kicked off the week on a positive note, buoyed by growing expectations of interest rate cuts ahead of the highly anticipated United States (US) Federal Open Market Committee (FOMC) meeting later tonight. At
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Parents forced to break windows: US probes Tesla Model Y over door lock failures, child entrapment risk
NEW YORK, Sept 17 — US auto safety officials opened an investigation into a 2021 Tesla model after parents were unable to open the vehicle from the outside, according to an announcement reviewed yesterday by AFP. The National Highway Traffic
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Trump’s shadow looms over Mexico’s electric car war as BYD’s dream factory crumbles
NEW YORK, Sept 14 — Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico’s proposed 50 per cent tariff on autos imported from China, triggering a likely blow to the fast-growing electric car market
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