SARAWAK expects to formalise a deal to raise its stake in Affin Bank Bhd to about 30% in about a month, according to the state’s premier Tan Sri Abang Johari Openg.

In an exclusive interview with The Edge in Kuala Lumpur last Friday (July 19), Abang Johari said the state is committed to...

Premier: Sarawak expects to ink S&P on Affin Bank deal in a month

Umno has filed an originating summons (OS) at the High Court last month seeking a declaration and an order for a 9,723 square metre land to be transferred to the political party. The land, which is now the Seri Pacific Hotel, here, is currently held in trust by four people, including Tun Dr Mahathir Mohamad and the late Tun Daim Zainuddin.

Umno wants transfer of Seri Pacific hotel land held under trusteeship of Dr M, Daim, two others

As the global economic landscape shifts dramatically, Asean stands at a critical juncture, ready to navigate the challenges ahead, but the region's success hinges on the strength of its political will and coordinated efforts, said Tan Sri Dr Zeti Akhtar Aziz.

Asean poised for economic shift, political will crucial to confronting dramatic changes, says Zeti

KUALA LUMPUR (April 10): Malaysia and the broader Asia Pacific region have the potential to be global leaders in the clean energy revolution, said Deputy Prime Minister and Energy Transition and Water Transformation Minister Datuk Seri Fadillah Yusof.

Malaysia, Asia Pacific positioned to drive global green energy shift — Fadillah

Global shares surged and a manic bond sell-off stabilised on Thursday after US President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries.

Stocks soar in relief rally after Trump pauses tariffs

A special Asean leaders’ meeting will be convened to discuss the en bloc’s member states’ way forward, and to address and mitigate potential disruptions to regional trade, supply chain networks, and cross-border investments in the face of rising geopolitical and economic challenges.

Zafrul: Special Asean leaders' meeting to discuss potential disruptions to regional trade, investment

THE latest data signals continued muted trends across the Vistage CEO Confidence Index at the end of 2024. The index dropped to 104.2 in 1Q2025, down from 113.0 in 4Q2024, reflecting a quarter-on-quarter decline of 8.8 points. On a year-on-year basis, the index also fell from 107.8 in 1Q2024. Des...

1Q2025 Vistage-MIER CEO Confidence Index: Are there tougher times ahead?

PUTRAJAYA (April 10): Deputy Foreign Minister Datuk Mohamad Alamin is undertaking a working visit to Türkiye and Azerbaijan from April 10 to 16, to participate in the 4th Antalya Diplomacy Forum (ADF) and to co-chair the Second Malaysia-Azerbaijan Political Consultation.

Deputy foreign minister on working visit to Türkiye, Azerbaijan from April 10-16

Asean will engage in a frank and constructive dialogue with the US to address trade-related concerns, after Washington imposed tariffs on 168 countries, including all members of the Southeast Asian grouping.

Asean says it will not retaliate, to engage in frank and constructive dialogue with US on tariffs

KUALA LUMPUR (April 10): theedgemalaysia.com highlighted one stock with negative momentum at Bursa Malaysia’s noon break on Thursday.

Stock with momentum on April 10, 2025: Bina Puri

KUALA LUMPUR (April 10): Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have signed a memorandum of understanding (MOU) to strengthen joint efforts in cybersecurity and digital fraud protection.

BNM, Bank of Thailand strengthen partnership to enhance cyber resilience

Some Malaysian exporters of manufactured goods destined for the United States have temporarily halted shipments as they await clearer information on the financial implications of the newly imposed tariffs, which took effect on Wednesday.

Malaysian exporters halt US shipments amid tariff confusion

Malaysian stocks staged a broad relief rally on Thursday after the US announced a pause to its reciprocal tariffs on all but one of its trading partners.

Malaysian stocks rebound, broad relief rally adds back RM75 bil to market 

This article for the Tong's Portfolio column — which predicts a likely walk back of some of the tariffs — was prepared for this coming week's issue of The Edge Malaysia and The Edge Singapore, but because of President Donald Trump's U-turn overnight (albeit for 90 days), we have decided to publish it online first.

Trump's big blunder — and no, its not tariff per se

As Donald Trump’s sweeping “reciprocal” tariffs took effect just after midnight on Wednesday, the president was watching the bond market.

Long-term yields were soaring. The 10-year Treasury saw the biggest three-day jump since 2001. The president was confronting a worst-case scenario: voters who had returned him to the White House because of inflation now faced both increased prices and higher borrowing costs.

Bond chaos, deal mania and Jamie Dimon: Inside Trump’s tariff reversal

Malaysia welcomes the US’ overnight decision to pause the sweeping tariff increase, Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said on Thursday.

Zafrul: Malaysia welcomes US tariff pause, now assessing implications

(April 9): Senator Adam Schiff on Wednesday called on Congress to investigate whether US President Donald Trump engaged in insider trading or market manipulation when he abruptly paused a sweeping set of tariffs, a move that sent stock prices skyrocketing.

Senator Adam Schiff calls for insider trading investigation into Trump over tariff pause

Technology stocks rallied on Thursday following the announcement of a 90-day suspension on reciprocal tariffs, amid growing optimism that Malaysia could benefit from the deepening trade rift between the US and China.

Tech stocks rally on 90-day tariff pause, boosting Malaysia's chances amid US-China tensions

Global shares surged and a manic bond sell-off stabilised on Thursday after US President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries.

Donald Trump’s 90-day reprieve on some tariffs sent the stock market soaring Wednesday. But the chaos sown by the president’s trade war means corporate America is planning for a recession.

CEOs brace for recession even after tariff reprieve boosts stocks

Oil prices surged from a four-year low on Wednesday and gold rallied in a broad-based commodities and equity market rebound after US&nbsp;President Donald Trump said he would temporarily lower recently enacted tariffs on dozens of countries while further increasing duties on China.

Energy, metals, grains surge after Trump tariff pause

(April 10): Bonds from Australia to Japan swung in the wake of a chaotic day in the US Treasuries market, forcing traders to confront the possibility that volatility from trade war jitters is only just beginning.

Swings in US Treasuries trigger global bond market aftershocks

Bids for the Penang International Airport's (PIA) main terminal building&nbsp;under Package 3 are expected to open in May this year, ahead of its scheduled 2027 completion.

Gamuda, IJM, MRCB, SunCon could bid for Penang International Airport's main terminal building under Package 3 in May, estimated at RM1.2b — CIMB

WASHINGTON (April 9): US&nbsp;President Donald Trump signed an executive order on Wednesday, aimed at reviving US shipbuilding and reducing China's grip on the global shipping industry, vowing to boost funding for the effort in coming years.

Trump signs executive order seeking to revitalise US shipbuilding

Engineering firm West River Bhd is now taking applications from investors for its initial public offering (IPO) on the ACE Market.

West River now taking IPO applications at 39 sen per share for ACE Market listing

HANOI (April 10): The 20-year production sharing contract (PSC) extension for Hibiscus Petroleum Bhd’s (KL:HIBISCS) largest oil asset works as a key enabler to monetise the group’s development plans offshore northeast Malaysia, which includes new wells and gas processing from nearby fields.&nbsp;

Hibiscus: 20-year PSC extension key enabler for developing new wells, processing gas from nearby assets

The wild ride on US stock markets took a dizzying turn Wednesday afternoon when President Donald Trump announced a pause on some of his harshest tariffs, propelling the S&amp;P 500 Index to its biggest one-day gain since 2008.

Record US trading day fuels S&P 500’s best rally since 2008

AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s (KL:CHINHIN) subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.

AmBank grants RM307m in financing to Chin Hin Group for infrastructure projects

Chinese Commerce Minister Wang Wentao has held a meeting via a video link with Investment,&nbsp;Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, as Malaysia currently holds the rotating chair of Asean, said a statement released by China's Commerce Ministry on Thursday.

Malaysia, China discuss economic cooperation, joint response to US tariff hikes

China and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese Commerce Ministry said on Thursday.

China and EU discuss trade in response to US' punitive tariffs

KUALA LUMPUR (April 10): Malaysia is in a good position to negotiate with the US on the sweeping tariff increase that has since been temporarily put on hold, MARC Ratings said on Thursday.

Adeline Paul Raj and Isabelle Francis