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(Reuters) -PayPal's shares fell 5% on Friday after comments from a European Union lawmaker raised concerns that payments firms could get swept up in escalating trade tensions and potential tariffs between the U.S. and Europe.
Analysts tell Senate Foreign Relations Committee that strategic contributions by US allies and partners go well beyond military spending
SEOUL: Top trade officials from South Korea, Japan and China will meet this weekend in Seoul to discuss economic cooperation, a South Korean government source said on Friday (March 28).
KUALA LUMPUR: The ringgit is likely to continue remaining in a narrow range within a similar trajectory of RM4.42 to RM4.43 against the US dollar next week due to the shortened trading week following the Hari Raya Aidilfitri public holiday, which is expected to be celebrated on Monday, March 31.
BOAO, Hainan: China will continue opening its economy to the world, Vice-Premier Ding Xuexiang told an international forum, reiterating his country's pitch for more foreign investment as an escalating trade war unleashed by the US shakes global business sentiment.
BOAO, Hainan: The rapidly mounting tariff onslaught that threatens to hold back global economic growth has hovered in the background of an international conference that China is hosting this week.
Traders who have been paying dearly to ship copper to America before US President Donald Trump imposes import tariffs on the metal now face a high-stakes race to get shipments there in time.
Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new US tariffs and their expected effect on the world's economy.
BANDAR SERI BEGAWAN: Brunei Darussalam's trade balance recorded a significant surge of 40.2 per cent in January 2025, reaching BND516.9 million compared to the previous month.
WASHINGTON/TOKYO: Asian auto stocks led markets lower on Thursday after U.S. President Donald Trump unveiled a 25% tariff on imported vehicles, expanding a global trade war and prompting criticism and threats of retaliation from affected U.S. allies.
The heads of some of the world's top energy traders say they would be open to returning to Russia for business if sanctions were fully lifted, although some expressed caution about the prospect happening any time soon.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
SINGAPORE: The world cannot assume global trade will continue keeping pace with gross domestic product amid heightened strategic tensions and policy uncertainty, including those brought about by a new administration in the United States, Senior Minister Lee Hsien Loong said.
KUALA LUMPUR: A total of 1,751 premises across the country have been inspected by enforcement officers from the Domestic Trade and Cost of Living Ministry within the first three days of implementing the Festive Season Maximum Price Scheme (SHMMP) for Hari Raya Aidilfitri 2025.
MOGADISHU, March 24 (Xinhua) -- Somalia officially became the 53rd member of the African Export-Import Bank (Afreximbank) on Monday, as the East African country seeks to boost intra-African trade and economic growth.
Amid a strained geopolitical outlook, Singapore and the rest of Asean can "cooperate more intensively" on trade to help stabilise the regional order in the Asia-Pacific, Senior Minister Lee Hsien Loong said on Monday (March 24).
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: AHAM Asset Management Bhd (AHAM Capital) has announced that Bursa Malaysia has approved its request to suspend trading on two of its exchanged traded funds (ETF) to take effect on March 26, 2025.
China's number two leader told a gathering of business executives in Beijing on Sunday that the country would pursue economic globalisation despite "fragmentation", a thinly veiled reference to trade turmoil sparked by US President Donald Trump.
