Hong Kong developer New World Development Co has proposed using one of its most valuable assets, Victoria Dockside, as collateral for an additional loan of as much as HK$15.6 billion (US$2 billion or RM8.9 billion), according to people familiar with the matter, as liquidity pressure continues to mount.

New World seeks US$2b loan pledging prized Hong Kong asset, Bloomberg reports

Mr DIY Group (M) Bhd (KL:MRDIY) said its founder Tan Yu Yeh will relinquish his role as the executive vice chairman of the home improvement retailer, effective April 17.

Yu Yeh, 54, is giving up the position as he intends to take on the role of adviser to the group, said Mr DIY in a filing with Bursa Malaysia on Friday.

Mr DIY founder Tan Yu Yeh relinquishes vice chairman post, to serve as adviser

US stock futures tumbled further in early trading on Friday after China retaliated against new US tariffs with levies on all American imports. 

Stock futures tied to the S&P 500 Index were down as much as 4.1% by 7.32am in New York, while those linked to the Nasdaq 100 Index slumped as much as 4.6%.

US stock futures sink as China retaliates against Trump tariffs

China has suspended chicken products imports from two American producers, part of retaliatory measures against the US after President Donald Trump announced new tariffs on the Asian nation.

China suspends imports of chicken, sorghum from some US firms

The Malaysian ringgit is expected to weaken in the coming quarters due to the US's latest tariff measures, before strengthening towards the end of the year, according to United Overseas Bank (UOB).

Trump tariffs to weaken ringgit, UOB forecasts

China has demanded that Taiwan compensate Chinese fishermen for losses after a Taiwanese navy landing ship and a Chinese fishing boat collided outside restricted waters last week.

China demands compensation from Taiwan after collision of navy ship, trawler

China retaliated against new US tariffs with a slew of measures — including levies on all American imports and export controls on rare earths — delivering on a promise to strike back after President Donald Trump imposed duties and escalating a trade fight.

China hits back at Trump tariffs with 34% duties on all US goods

Lianson Fleet Group Bhd (KL:LFG), formerly known as Icon Offshore Bhd, has proposed to dispose of a vessel to a Dubai-based firm for US$6.90 million (RM30.73 million).

Lianson Fleet to sell vessel to Dubai-based firm for RM31 mil

South Africa's government said on Friday that tariffs announced by President Donald Trump this week effectively nullified the benefits African countries enjoy under US trade initiative the African Growth and Opportunity Act (AGOA).

AGOA, which grants qualifying African nations duty-free access to the US market, is due to expire in September. And Trump's far-reaching tariffs suggest that a renewal of the trade accord enacted in 2000 is now unlikely.

South Africa says Trump's tariffs cancel out African Growth and Opportunity Act trade initiative

Property developer Radium Development Bhd (KL:RADIUM) has announced its entry into the healthcare sector with plans to operate a 140-bed hospital in Malacca.

Radium Development to diversify into healthcare with 140-bed hospital in Malacca

Global stocks tumbled for a second day on Friday after US President Donald Trump's sweeping tariff plans wiped US$2.4 trillion off Wall Street equities, with the sell-off deepening after China said it would impose additional tariffs of 34% on all US goods.

Stocks plunge again after Trump tariff rout as China retaliates

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 nearly 9% after being flagged as biggest loser in tech following Trump’s new tariffs

WASHINGTON/OTTAWA/TOKYO (April 4): Countries around the world threatened to wage a trade war with the US, as President&nbsp;Donald Trump's sweeping tariffs&nbsp;fed expectations for a global downturn and sharp price hikes for swathes of goods in the world's biggest consumer market.

Trump tariffs sow fears of trade wars, recession and a US$2,300 iPhone

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

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

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

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

China retaliated against new US tariffs with a slew of measures — including levies on all American imports and export controls on rare earths — delivering on a promise to strike back after President Donald Trump imposed duties and escalating a trade fight.

KUALA LUMPUR (April 4): Twenty-five&nbsp;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

Residents of Karpal Singh Drive in Georgetown, Penang, have called on the state government to halt a proposed 70-acre coastal reclamation project, part of the Jelutong landfill rehabilitation, citing concerns over its impact on marine ecosystems, particularly the Middle Bank.

Karpal Singh Drive residents urge state government to halt land reclamation for Jelutong Landfill project

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

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

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 his 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

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

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

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

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

Malaysia Smelting Corp (KL:MSC), one of the world’s biggest tin producers, has reported disruptions to deliveries from its Port Klang smelter after a pipeline explosion interrupted gas supply, exacerbating pressure on a market already grappling with global output upheaval.

Malaysia Smelting Corp warns of disrupted tin output after gas blast

Malaysia will hold a special Cabinet meeting on the US’ reciprocal tariff later on Friday, TV3 reported, citing Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia to hold special Cabinet meeting with BNM governor to discuss US tariff — report

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

His Majesty Sultan Ibrahim, King of Malaysia has consented to the appointment of the new Malaysian ambassador to the US, Prime Minister Datuk Seri Anwar Ibrahim announced.

Apple Ka Ying Li, Pearl Liu & Trista Xinyi Luo