MALAYSIA Airlines Bhd’s new long-term business plan (LTBP), which is still awaiting approval from the Khazanah Nasional Bhd board of directors, would see the national carrier achieve financial break-even by 2022 and generate enough income to cover the cost of capital for its operations two years ...

Newsbreak: Malaysia Airlines’ new plan targets 2022 break-even 

KUALA LUMPUR: The uncertainty faced by tobacco companies may soon be over, after Health Minister Datuk Seri Dr Dzulkefly Ahmad remarked yesterday that retail prices for all cigarette brands will be increased in three weeks.

Dzulkefly was quoted by Bernama as saying in Parliament that th...

MoH to announce quantum of cigarette price hike next month

THE scandal surrounding 1Malaysia Development Bhd (1MDB) is reminiscent of the abuses that led to the collapse of the seventh largest private bank in the world in 1991, says Robert Mazur, a former US undercover agent.

In the 1980s, the former US Customs agent led a sting operation that ...

No silver bullet to identify money laundering, says ex-undercover agent 

The FBM KLCI plunged 80 points or 5.58% to 1,420.22 on Monday — its steepest one-day drop since March 2008 — as escalating global trade tensions triggered a broad-based selloff across regional markets.

Market plunge drags FBM KLCI down over 5%, as East Asian markets sink on trade war concerns

(April 7): China’s government bonds surged, pushing the benchmark yield toward to the lowest on record, as investors rushed for haven assets due to concern over US tariffs and monetary easing bets.

China bonds surge as tariff risks trigger haven bid, easing bets

The construction sector is likely to be less impacted by the US tariffs due to its focus on the domestic market, but industrial job flows may slow temporarily as companies adjust their strategies, analysts said.

Construction sector likely insulated from tariff woes, industrial job flows could slow — analysts

WELLINGTON (April 7): New Zealand’s central bank is expected to cut its official cash rate by 25 basis points to 3.50% on Wednesday and economists say the bank could make more cuts in 2025 as it reacts to U.S. tariffs and their potential global economic fallout.

All 31 economists i...

RBNZ to cut rates by 25bps, economists say more cuts possible after U.S. tariffs

KUALA LUMPUR (April 7): CIMB Securities believes the crude palm oil (CPO) prices will be significantly impacted by the US-China trade war-led tariffs on the commodity, amid lower crude oil price.

US reciprocal tariffs to negatively impact CPO prices, may prompt earnings cut — CIMB Securities

(April 7): British Prime Minister Keir Starmer on Sunday eased targets forcing automakers in the country to produce more electric vehicles, in an effort to ease pressure on UK businesses from Donald Trump's trade tariffs.

The government announced that the 2030 phase-out date for new pet...

Britain eases electric vehicle sales targets for automakers

Stocks in Asia slumped, with a key benchmark sliding by the most in 14 years, as Chinese shares led a broad and deep selloff on worry over the trade war’s impact on the global economy.

Asian stock benchmarks drop most in 14 years on tariff concerns

SINGAPORE (April 7): Investors poured into safe havens like the yen and Swiss franc on Monday and heavily sold the risk-sensitive Australian dollar as the market rout from U.S. President Donald Trump's sweeping tariffs deepened and fears of a global recession grew.

Asian stock markets a...

Yen, Swiss franc jump in volatile trade as global recession fears grow

Prime Minister Datuk Seri Anwar Ibrahim has reminded all quarters, including civil servants, to tackle every issue in the country effectively to prevent it from being exploited by irresponsible parties.

Anwar: Tackle issues effectively to avoid exploitation by irresponsible parties

US President Donald Trump’s sweeping tariffs, although dogged by questions about his administration’s calculations of trade imbalances, is having a global impact. Even the smallest of nations have been hit by the US-imposed tariffs that will come into effect this week.

China, which has ...

Alternative Views: After tariff tantrum, watch out for currency wars

The FBM KLCI plunged 80 points or 5.58% to 1,420.22 on Monday — its steepest one-day drop since March 2008 — as escalating global trade tensions triggered a broad-based selloff across regional markets.

Intraday short selling in five counters, namely UWC Bhd (KL:UWC), Inari Amertron Bhd (KL:INARI), Guan Chong Bhd (KL:GCB), Pentamaster Corporation Bhd (KL:PENTA) and Pavilion Real Estate Investment Trust (KL:PAVREIT), was suspended on Monday after all five saw an at least 15% drop in their share prices.

Short selling in five counters suspended amid market rout

Stocks in Asia slumped, with a key benchmark sliding by the most in 14 years, as Chinese shares led a broad and deep selloff on worry over the trade war’s impact on the global economy.

A common maxim of trade wars is that the best retaliation is not to retaliate at all. Such conflicts, after all, are counterproductive in the first place.

China has already trade-war-proofed its economy

President Donald Trump’s top economic officials dismissed investors’ fears of inflation and recession, offering no apologies for the market turmoil sparked by sweeping global tariffs and defiantly insisting a boom is on the horizon.&nbsp;

On the heels of huge global stock market falls, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and others dug in on Sunday and declared that Trump would persist in his tariffs agenda, whatever markets may do.

Trump team rejects market fears, shows defiance on tariffs

Malaysia should not panic or rush into decisions regarding the impact of the 24% reciprocal tariff imposed by the US on Malaysian goods, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia should not panic, rush into decisions over US tariffs, says Amir Hamzah

US equity futures slumped and the yen surged early Monday in a sign of deepening turmoil across financial markets as investors began to price in the fallout from Donald Trump’s reciprocal tariffs.

S&P 500 futures slump as tariff turmoil deepens

Cryptocurrencies sold off sharply heading into the week in Asia, underscoring a clear risk-off sentiment across markets. Bitcoin shed about 7% of its value from Sunday night through to Monday morning in Singapore to reach a low point of US$77,077 (RM344,233).

Bitcoin plunges into Asia open as crypto feels trade war pain

KUALA LUMPUR (April 7): Shares in furniture manufacturer Poh Huat Resources Holdings Bhd (KL:POHUAT) fell to their lowest level in 32 months on Monday, after analysts flagged downside risks to the group’s earnings outlook from the imposition of reciprocal tariffs by the United States.

Poh Huat dips to 32-month low as analysts flag earnings risk from US reciprocal tariffs

US President Donald Trump’s sweeping tariffs, although dogged by questions about his administration’s calculations of trade imbalances, is having a global impact. Even the smallest of nations have been hit by the US-imposed tariffs that will come into effect this week.

China, which has ...

Malaysia and Asean countries need to come together and form an agreement on the tariffs announced by the US to ensure that upcoming negotiations and discussions have a solid foundation, said Prime Minister Datuk Seri Anwar Ibrahim.

US tariffs: Malaysia, Asean need to establish an agreement to strengthen negotiation foundation — Anwar

SINGAPORE (April 7):&nbsp;Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for President, said the U.S. leader was losing the confidence of business leaders and should pause his trade war.

"The president has an opportunity to call a 90-day time out," Ackman said in ...

Bill Ackman warns Trump is losing business leaders' confidence

（吉隆坡7日讯）受全球贸易战担忧影响，华尔街期货和亚洲股市大跌，拖累富时隆综指周一狂泻62.66点或4.17%，至两年多来的最低点。

受全球贸易战影响 马股狂泻4.17%至两年多低点

KUALA LUMPUR (April 7): CIMB Securities believes the crude palm oil (CPO) prices will be significantly impacted by the US-China trade war-led tariffs on the commodity, amid lower crude oil price.

The construction sector is likely to be less impacted by the US tariffs due to its focus on the domestic market, but industrial job flows may slow temporarily as companies adjust their strategies, analysts said.

Prime Minister Datuk Seri Anwar Ibrahim has reminded all quarters, including civil servants, to tackle every issue in the country effectively to prevent it from being exploited by irresponsible parties.

TOKYO (April 7): Oil prices slid more than 3% on Monday, deepening last week's losses, as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude.

Oil plunge deepens on fears global trade war could trigger recession

BEIJING (April 7): Goldman Sachs said it expects Chinese policymakers to accelerate fiscal easing measures significantly to offset the drag on growth from higher tariffs announced by the United States last week that were higher than expected.

Goldman said in a report on Sunday that the ...

Goldman Sachs expects significant Chinese fiscal easing to offset tariffs

KUALA LUMPUR (April 7): Entering the seventh day of the gas pipeline fire in Putra Heights, Subang Jaya,&nbsp;authorities are continuing work to drain stagnant water from the crater on “ground zero”, following persistent rain over the past few days.

Putra Heights fire: Work to drain water from crater on ‘ground zero’ continues

A slew of tax changes is discouraging many foreigners from buying homes in the UK, particularly in the flashiest parts of London. The share of overseas buyers registering with an estate agency in Britain fell to 1% between January and March, the lowest level since at least 2008, according to data from broker Hamptons.

Kang Siew Li and Syahirah Syed Jaafar