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PETALING JAYA: Malaysia must speed up ongoing free trade agreement talks and consider negotiating one with the United States to soften the impact of the Donald Trump administration's tariffs, says the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM).
KUALA LUMPUR: Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.
WASHINGTON: The United States has added South Korea to its "monitoring list" of major trading partners whose currency practices call for closer attention, according to a Treasury Department report released Thursday.
KUALA LUMPUR: Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (Feb 28, 2025).
The US government has kept Malaysia in the currency manipulation watch list, along with Singapore, Vietnam and four other countries.
KUALA LUMPUR: The United States’ decision to remove Malaysia from its “monitoring list” of trading partners whose currency practices call for closer attention, shows that Putrajaya’s economic and foreign exchange policies are viewed as balanced and transparent.
No major US trading partners such as China have been labeled as manipulating their currencies, but Taiwan and Vietnam were added to a "monitoring list" of foreign exchange policies, the Treasury Department said on Friday night.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (Nov 15, 2024)
The United States and Vietnam on Monday said they had reached an agreement to resolve a dispute over the value of Hanoi's dong currency, which Washington had briefly accused it of manipulating.
BANGKOK: Thailand and Taiwan may be added to the US watchlist for currency manipulation after meeting all of the criteria set out by the Treasury Department, according to UBS Group AG.
TAIPEI (Reuters):Taiwan hopes to cut its trade surplus with the United States to address US. concerns about the Taiwan dollar's exchange rate, the island's central bank said on Thursday (Dec 17).
WASHINGTON Reuters): he Trump administration labeled Switzerland and Vietnam currency manipulators on Wednesday (Dec 16) in another parting shot at trading partners that could complicate matters for US President-elect Joe Biden's incoming team.
Vietnam has been removed from the United States’ monetary manipulation monitoring list, Vietnam News Agency (VNA) reported according to the State Bank of Vietnam (SBV).
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (March 15, 2023)
WASHINGTON: The U.S. Treasury Department on Friday said Switzerland continued to exceed its thresholds for possible currency manipulation under a 2015 U.S. trade law, but refrained from branding it - or any other country - a currency manipulator.
Vietnam and Taiwan again exceeded the U.S. Treasury's thresholds for possible currency manipulation and enhanced analysis under a 2015 trade law, but the department on Friday refrained from formally branding them as manipulators.
But Chinese investments in country such as electric-vehicle factories plus looming changes to a key free-trade deal could complicate matters
KUALA LUMPUR: Not only is the US dollar in hot demand but so are several other currencies, as the ringgit continues to perform favourably, say moneychangers.
Malaysia, India, Singapore, Thailand among countries on "Monitoring List"
