<div class=newsTextDataWrapInner>MyCC says KL High Court upheld MyCC's decision that MYEG abused its dominant position</div>
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MyCC says KL High Court upheld MyCC's decision that MYEG abused its dominant position
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MyCC says KL High Court upheld MyCC's decision that MYEG abused its dominant position

ALVARADO, Texas / PARIS (April 10): Six years ago, LVMH's billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world’s best-known luxury brands.

But since the high-...

LVMH finds making Louis Vuitton bags messy in Texas

(April 11): When President Donald Trump said last week that he was using tariffs to remake American trade policy and bolster domestic manufacturing, entrepreneur Evita Chu started calling around to see if she could source some of the yarn she buys from China and Europe in the US instead.

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Trump’s manufacturing dreams clash with business owners’ reality

President Donald Trump said his tariffs may cause “transition problems” but expressed confidence in his plan, after the White House clarified US tariffs on China rose to 145%.

Trump nods at ‘transition problems’ as White House clarifies China tariffs at 145%

Wall Street's main indexes tumbled on Thursday on concerns over the impact of high US tariffs on global economy, with stocks pulling back sharply from the day-ago gains when President Donald Trump moved to pause the levies on some countries.

Sell-off accelerates on Wall Street, traders weigh risks as tariffs on China increased to 145%

Prime Minister Datuk Seri Anwar Ibrahim hosted a courtesy visit from Oracle Corporation, a multinational computer technology company based in the United States on Thursday.

In a Facebook post, Anwar said that the meeting with the delegation, which was led by Oracle’s executive vice-president for Japan and Asia Pacific, Garrett Ilg, discussed the potential of artificial intelligence (AI)-driven services, including those provided by Oracle.

Anwar receives courtesy visit from tech giant Oracle, discusses AI and digital innovation

Amid escalating global trade tensions triggered by US President Donald Trump’s new tariff threats, European Union (EU) officials on Thursday emphasised the importance of forging deeper economic ties with reliable partners such as Malaysia.

EU, Belgium stress need for closer ties with Malaysia amid shifting global trade

Former US Treasury Secretary Janet Yellen said on Thursday that the threat of financial instability prompted by falling prices for US Treasury debt in recent days likely influenced President Donald Trump's decision to reverse course and partially pause his tariff campaign.

Yellen says bond sell-off raised instability threat, influencing Trump tariff U-turn

US President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

In a stunning reversal, the president said on Wednesday he would temporarily lower the hefty tariffs he had just imposed on dozens of countries, though he also hiked duties for China and kept 25% tariffs levied on aluminium, steel and autos in place.

Trump tariff pause leaves CEOs asking: What happens in 90 days?

Federal Reserve governor Michelle Bowman told lawmakers on Thursday that she would overhaul how the US central bank monitors large banks, encourage innovation and pursue "pragmatic" rules for the financial system.

Fed's Bowman vows 'pragmatic' rulemaking as top bank regulator

Sapura Resources Bhd (KL:SAPRES) and its subsidiaries have initiated legal action against its former managing director and director Datuk Shahriman Shamsuddin and three others, alleging breaches of fiduciary, statutory and contractual duties, as well as conspiracy to injure the companies.

Sapura Resources sues ex-MD Datuk Shahriman and others for over RM3 mil in damages

MSM Malaysia Holdings Bhd (KL:MSM) said the group has been sued by a subsidiary of Ranhill Utilities Bhd (KL:RANHILL) over a failed industrial effluent treatment project in Tanjung Langsat, Johor.

MSM sued by Ranhill over termination of effluent treatment plant project in Johor

The Lumut Maritime Industrial City (LuMIC) is expected to draw RM72 billion investments over 25 years, and&nbsp;infrastructure works are set to begin in 2026, with the first phase of the project targeted to start as early as 2030.

Perak eyes RM72b investments for Lumut Maritime Industrial City

Here is a brief recap of some notable corporate news on Thursday.

Chin Hin, HeiTech Padu, MyEG, MSM, Ranhill, Toyo Ventures, YNH Property 

HeiTech Padu Bhd (KL:HTPADU) has signed two memoranda of understanding (MOUs) to form strategic partnerships in artificial intelligence (AI) computing power cloud services.

HeiTech Padu inks two MOUs to explore AI computing power cloud services

Malaysia must brace itself for the US government's announcement of any new tariff&nbsp;that will affect pharmaceutical products.

Malaysia must brace for potential US pharmaceutical tariff, says Dzulkefly

Wall Street's main indexes tumbled on Thursday on concerns over the impact of high US tariffs on global economy, with stocks pulling back sharply from the day-ago gains when President Donald Trump moved to pause the levies on some countries.

Bursa Malaysia staged a strong rebound on Thursday, mirroring the global market rally after US President Donald Trump announced a 90-day pause on reciprocal tariffs, mere hours after they had taken effect.

Tariff pause sparks optimism, domestic plays and RE seen as safe bets

It is possible for Apple Inc&nbsp;to move iPhone production to America, but it would almost double the cost of making the device while creating logistical headaches, according to Bank of America (BofA).

Apple’s iPhone cost could rise 90% if it’s made in US, says Bank of America

Sapura Resources Bhd (KL:SAPRES) and its subsidiaries have initiated legal action against its former managing director and director Datuk Shahriman Shamsuddin and three others, alleging breaches of fiduciary, statutory and contractual duties, as well as conspiracy to injure the companies.

China said on Thursday it would immediately restrict imports of Hollywood films in retaliation for President Donald Trump's escalation of US tariffs on imported Chinese goods, though analysts say the impact is likely to be minimal.

After three decades during which China annually imported 10 Hollywood movies, its National Film Administration said Trump's increase of tariffs on Chinese imports would further sour domestic demand for US cinema in China after years of decline.

Beijing bites back at US tariffs by curbing Hollywood imports

White House National Economic Council director Kevin Hassett said that trade talks with some US counterparts are already well along, including deals that were close to done last week.

Hassett says US ‘well advanced’ in talks, 15 offers on table

The Kremlin on Thursday dismissed comments by Ukrainian President Volodymyr Zelenskiy that China was being drawn into the conflict in Ukraine, saying that Beijing has a "balanced position".

China warned Ukraine against making "irresponsible" remarks after Zelenskiy said Ukrainian intelligence had revealed at least 155 Chinese citizens were fighting on the side of Russia in Ukraine.

Kremlin says China not being drawn into Ukraine conflict

President Donald Trump said his tariffs may cause “transition problems” but expressed confidence in his plan, after the White House clarified US tariffs on China rose to 145%.

Bank Negara Malaysia (BNM) is not in a hurry to revise its 2025 growth forecast of 4.5% to 5.5% for Malaysia's gross domestic product (GDP), despite the tariff upheaval initiated by US President Donald Trump.

No rush to adjust GDP growth forecast yet, says BNM governor

Thailand’s tariff talks with the Trump administration will factor in the impact of the high taxes slapped on China, as local producers fret over the risk of an increase in the influx of cheap imports from the Asian neighbour, according to officials.

Thailand says US tariff talks to factor in high Chinese levy

Norway's US$1.7 trillion sovereign wealth fund will adhere to broad risk diversification in the face of turbulent markets and uphold its long-term investment strategy despite incurring huge losses so far this year, the government said on Thursday.

Norway wealth fund sticks with long-term strategy despite US$100 bil loss

KUALA LUMPUR (April 10): The Health Ministry&nbsp;(MOH) has lodged a police report regarding several comments on social media, claiming there were deaths in the recent gas pipeline fire&nbsp;in Putra Heights, Subang Jaya, Selangor.

MOH lodges police report over claims of death in gas pipeline fire in Putra Heights

PUTRAJAYA (April 10): Prime Minister Datuk Seri Anwar Ibrahim said the 90-day pause of US tariffs on 75 countries, including Malaysia, has offered temporary relief to&nbsp;the country.

Anwar: US tariff pause offers temporary relief to Malaysia

Prime Minister Datuk Seri Anwar Ibrahim has expressed concern over growing trade tensions between the US and China, warning that President Donald Trump’s aggressive stance on tariffs could negatively impact Asean economies.

Trump's aggressive stance on tariffs could impact Asean nations, says Anwar

A Chinese state newspaper suggested it’s time to ease monetary policy to support the economy, as rising trade tensions with the US threaten its growth outlook.