BP Plc chairman Helge Lund plans to step down as the struggling oil major pivots away from the net zero strategy he championed amid pressure from Elliott Investment Management.

BP chairman to exit as oil major faces pressure from Elliott

KUALA LUMPUR (April 4): US President Donald Trump’s introduction of a 24% reciprocal tariff on imports from Malaysia has thrown a spanner in the works for tech companies. However, industry players remain confident that local small and medium enterprises (SMEs) and start-ups will weather the storm...

Trump’s tariffs: Malaysian tech SMEs will face immediate pinch, but Asian ties will aid recovery — industry players

With the ink still fresh on US President Donald Trump's latest batch of tariffs, some are already bracing for what may come next in his effort to strong-arm trading partners into doing his bidding.

As the epicentre of the financial world and the issuer of the global reserve currency, the United States has a number of levers that Trump can pull to coerce other countries, from credit cards to the very provision of dollars to foreign banks.

After tariff shock, Trump may weaponise finance against allies

KUALA LUMPUR (April 4): The Malaysian Employers Federation (MEF) fully supports the Human Resources Ministry’s call for employers to grant paid compassionate leave and consider flexible work arrangements for employees affected by the recent gas pipeline fire in Putra Heights.

MEF supports govt’s call for paid leave, flexible work for Putra Heights fire-affected employees

Axiata Group Bhd (KL:AXIATA) on Friday announced that the longstop date to complete its Myanmar tower business divestment has been extended to June 30, 2025.

The reason was not disclosed in the exchange filing, though the extension comes following a deadly powerful earthquake last week. The share purchase agreement, signed on April 4 last year with an undisclosed buyer, was initially expected to be completed within 12 months.

Axiata extends longstop date for Myanmar tower sale by three months

South Korean President Yoon Suk Yeol was ousted on Friday by the Constitutional Court, ushering in an election after it upheld parliament's impeachment over Yoon's imposition of martial law that sparked the nation's worst political crisis in decades.

South Korea's Yoon removed from office over martial law, election looms 

President Donald Trump said he was open to reducing his tariffs if other nations were able to offer something “phenomenal,” indicating that the White House was open to negotiations despite the insistence of some top officials.

Trump open to tariff cuts in return for ‘phenomenal’ offers

KUALA LUMPUR (April 4): Twenty-five victims of the Putra Heights gas pipeline fire received a car each from Chery Malaysia for their use for a month on Friday, said Selangor Menteri Besar Datuk Seri Amirudin Shari.

25 Putra Heights fire victims lent first batch of Chery Malaysia SUVs for a month on Friday

Oil prices fell over 1% on Friday, and were on track for the worst week in months over US President Donald Trump's new tariffs, stoking concerns that a global trade war could hurt oil demand.

Oil set for worst week in months over Trump's tariff blow

It’s not just about trade. Neither is it an isolated act. It is part of a broader trend where tariffs are no longer mere trade tools, but geopolitical weapons.

The weaponisation of tariffs and the new era of coercive trade

(April 3): Intel and Taiwan Semiconductor Manufacturing Co (TSMC) have reached a preliminary agreement to form a joint venture to operate the US chipmaker's factories, the Information reported on Thursday, citing two people involved in the discussions.

Intel, TSMC tentatively agree to form chipmaking joint venture — report

Shares of Greatech Technology Bhd (KL:GREATEC) fell on Friday and extended its decline into a third day amid earnings concerns, following the announcement of US reciprocal tariffs.

Greatech down 7.7% after being flagged as biggest loser in tech stocks following Trump’s new tariffs

WASHINGTON/OTTAWA (April 3): Countries around the world threatened to ratchet up a trade war with the United States on Thursday, as US President Donald&nbsp;Trump's sweeping tariffs ignited fears of steep price&nbsp;increases&nbsp;in the world's largest consumer market.

Trump tariffs provoke world condemnation and fears of a US$2,300 iPhone

New Civil Liberties Alliance, a conservative legal group, on Thursday filed what it said was the first lawsuit seeking to block Donald Trump's tariffs on Chinese imports, saying the US president overstepped his authority.

Trump administration sued over Chinese import tariffs

President Donald Trump said he was open to reducing his tariffs if other nations were able to offer something “phenomenal,” indicating that the White House was open to negotiations despite the insistence of some top officials.

KUALA LUMPUR (April 4): Malaysia’s economy may expand at a slower pace than expected this year, as the latest US tariff measures hurt export-oriented factories in the country.

Malaysia’s economy to expand at slower pace, economists race to cut growth forecasts

Japanese banks tanked on Friday and stocks globally extended a punishing sell-off in the wake of US President Donald Trump's sweeping tariffs, helping drive a rally in US Treasuries and supporting gold near a record peak.

Japan bank stocks caught in Trump tariff rout as market slide deepens 

Malaysian banks could take a hit from the set of sweeping US tariffs if economic activity decelerates and drags on loan growth while disrupting firms’ cash flow, CIMB Securities warned on Friday.

US tariffs may weigh on Malaysian banks’ loan growth, raise provisions — CIMB Securities

WASHINGTON (April 3): Sweeping tariffs announced on Wednesday by US&nbsp;President Donald Trump pose a significant risk to the global economy, at a time when growth has been sluggish, the head of the International Monetary Fund (IMF) said in a statement on Thursday.

IMF chief says US tariffs represent significant risk to global outlook

South Korean President Yoon Suk Yeol was ousted on Friday by the Constitutional Court, ushering in an election after it upheld parliament's impeachment over Yoon's imposition of martial law that sparked the nation's worst political crisis in decades.

KUALA LUMPUR (April 4): A slowdown in demand for goods due to US President Donald Trump’s sweeping tariffs is a key downside risk for Westports Malaysia Bhd (KL:WPRTS) in 2025, according to CGS International.

Trump’s tariffs could significantly slow demand for goods, posing downside risk to Westports in 2025 — CGS International

The dollar has wiped out all of its gains since Donald Trump won the presidency in November as a new wave of tariffs upended global markets.

Dollar wipes out post-Trump rally as tariffs upend global growth

SINGAPORE (April 3):&nbsp;Malaysian Prime Minister Datuk Seri Anwar Ibrahim is poised to extend anti-graft commission head Tan Sri Azam Baki’s term, people familiar with the matter said, despite criticism by non-governmental organisations (NGOs) about the appointment process and allegations by politicians and others that the agency practices selective prosecution.

Anwar plans to extend MACC chief Azam Baki’s term — Bloomberg

Asia is bearing the brunt of new US tariffs which will drag on regional growth through weaker business investment and sentiment, requiring central banks to step in with more interest-rate cuts, economists reckon.

Asia bears brunt of Trump tariffs, needs monetary policy easing — economists

KUALA LUMPUR (April 3): A company director lost RM5.5 million after allegedly falling victim to a foreign exchange (forex) transaction scam.&nbsp;

Forex transaction scam: Company director loses RM5.5m

(April 4): Shares in Ansell reversed course on Friday after having tumbled 25% from their February highs in the previous session, as the company unveiled plans to fully offset the tariff increases through pricing.

Aussie glove maker Ansell stands to lose most with Trump's 'Liberation Day' tariffs

It’s not just about trade. Neither is it an isolated act. It is part of a broader trend where tariffs are no longer mere trade tools, but geopolitical weapons.

NEW YORK/BENGALURU (April 3): Wall Street benchmarks slumped on Thursday, ending with the largest single-day percentage losses in years, as US President Donald Trump's&nbsp;sweeping tariffs&nbsp;ignited fears of an all-out trade war and a global economic recession.

Wall Street ends with heavy losses as Trump tariffs ignite global recession fears

The yield on benchmark treasuries fell briefly below 4% for the first time since October as Wall Street fretted that the US economy will end up worse off from President Donald Trump’s trade war.

US 10-year yield drops below 4% for first time since Trump won

SHAH ALAM (April 4): Selangor police are investigating an individual for unlawfully using the honorary title Darjah Kebesaran Sultan Selangor "Datuk Seri", said Selangor police chief Datuk Hussein Omar Khan.