Blanket trade barriers could do more harm than good and may not even be effective, European Central Bank policymaker Fabio Panetta said on Friday, just as incoming US President Donald Trumps looks to impose tariffs on many, if not most, imports.

Blanket tariffs do more harm than good and may be ineffective, ECB's policymaker says

The euro area’s economic growth will pick up as obstacles to consumption and investment fade away, though geopolitics poses an increasing threat, according to the European Commission.

Euro area to see consumer pickup but risks are high, says EU 

WASHINGTON (Nov 14): No major US trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday in the Biden administration's final semi-annual currency report before turning over policing of foreign exchange practices to President-elect Donald Trump.

US Treasury finds no currency manipulation by major trading partners, drops Malaysia off its monitoring list

Vietnam President Luong Cuong forcefully warned of the dangers of a world with higher tariffs, one of the strongest criticisms so far of US President-elect Donald Trump’s approach to trade as world leaders gather this week in Peru.

Vietnam leader warns trade wars lead to poverty in dig at Trump

Donald Trump’s return to power has raised the chances of another trade war between the US and China, making Beijing’s potential negotiators some of the most important people in Xi Jinping’s government.

Xi’s key players to lead China in another Trump trade fight

Canadian Deputy Prime Minister Chrystia Freeland said American concerns about Mexico’s trade policy not being in line with its North American allies on China are “legitimate,” and she shares them.

Canada agrees with US concerns about Mexico’s trade with China

Germany’s economy will hardly grow next year as underlying problems add to cyclical weakness, according to Chancellor Olaf Scholz’s independent panel of experts.

Gross domestic product is set to increase by just 0.4% in 2025, the Council of Economic Experts predicted in a twice-yearly report published on Wednesday in Berlin.

Scholz advisers trim German growth forecast for next year

China has reduced its exposure to the US economy since Donald Trump’s first administration, leaving it better placed to weather the punitive trade tariffs being pledged by the president-elect, according to Robert Friedland, the founder of Ivanhoe Mines Ltd.

Ivanhoe’s Friedland says fears for China on US tariffs overblown

German Chancellor Olaf Scholz told US President-elect Donald Trump in a phone call that his government is ready to continue “decades of successful cooperation” between the two countries, a German spokesman said.

Scholz tells Trump he’s ready to work for US-German cooperation

UK Chancellor Rachel Reeves will champion free trade and economic growth in a keynote speech this week, as Labour faces pressure to both pre-empt protectionist trade policies expected from the incoming Trump administration and to reassure businesses facing a higher tax bill.

UK's Reeves to tout benefits of free trade amid fears of US tariffs

Singapore Prime Minister Lawrence Wong expressed concern about increased trade friction, as the world braces for Donald Trump’s return to the US presidency after threatening massive new tariffs on foreign goods.

Singapore's Wong frets over trade friction as world awaits Trump

China has mandated banks for a dollar bond sale in Saudi Arabia, according to people familiar with the matter, its first issuance in the US currency since 2021.  

The Ministry of Finance has hired Chinese, international and Middle Eastern banks for the proposed offering of three-year and five-year 144A, Regulation S notes, said the people, who asked not to be identified.

China mandated banks to sell dollar notes in Saudi Arabia, Bloomberg reports

Donald Trump’s victory in the US presidential election has cleared an immediate hurdle for new European stock sales, but uncertainties around tariffs and other policies raise questions over the region’s longer-term prospects.

Trump’s tariff risks to loom over Europe’s 2025 IPO pipeline

Looming large in the hours between Donald Trump’s election victory and the late-night collapse of Germany’s government is a crisis of competitiveness that has sapped life from Europe’s largest economy.

The €650 bil exodus at the heart of Germany's turmoil

Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a market manipulation scheme that wiped out his US$36 billion (RM161.06 billion) firm and cost its lenders more than US$10 billion, federal prosecutors said on Friday.

Archegos founder Bill Hwang deserves 21 years in prison, US says

Malaysia and the Republic of Guinea should intensify their engagement, particularly in market access and technical assistance, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Malaysia, Guinea should enhance engagement in technical assistance, says Liew

China and the European Union have reached “technical consensus” in their talks aimed at scaling back or reversing tariffs that the bloc applied to China-made electric vehicles (EVs), according to a posting on a Weibo account affiliated with the state-run China Central Television (CCTV).

China, EU reach ‘technical consensus’ in EV talks — report

Prime Minister Datuk Seri Anwar Ibrahim's maiden official visit to Peru has generated potential exports worth RM1.24 billion (US$0.3 billion), particularly in high potential sectors on the initiative of the Malaysia External Trade Development Corporation (Matrade).

RM1.24b potential exports to Peru generated — Anwar

A group representing major electric vehicle (EV) and battery manufacturers on Friday urged President-elect Donald Trump not to kill tax credits for electric vehicle sales and production, citing the impact on key states that voted for the Republican.

EV companies, battery makers urge Trump not to kill vehicle tax credits

Elon Musk's political ascendancy has some Wall Street banks hoping they may soon be able to offload US$13 billion (RM58.16 billion) of debt that backed the billionaire's purchase of the social media platform X, three banking sources said.

Musk's political ascendancy stirs hopes of redemption for X banks

The Malaysian Communications and Multimedia Commission (MCMC) and the Malaysian Palm Oil Board (MPOB) have announced a significant achievement in their strategic collaboration, marked by the successful resolution of connectivity challenges within palm oil plantations and culminating in the AgriNXT: Oil Palm Chapter (OPC) initiative.

MCMC, MPOB join forces to advance future technology initiatives in palm oil industry

Nvidia Corp's results in the coming week could guide the US stock market on its next path, as investors turn their focus to the technology sector and artificial intelligence trade after an election-fueled rally stalled.

Nvidia results in focus as stock market's election boost stalls

The conventional wisdom following Israel’s recent strikes on Iranian military facilities in retaliation for Iran’s ballistic missile attack on Israel is that the risk of further escalation has been contained. Initial statements from the Islamic Republic’s supreme leader suggested that Iran may no...

After the Storm: Israel and Iran Are Likely to Escalate

Prime Minister Datuk Seri Anwar Ibrahim insisted that Malaysia remains consistent with its stance on the issue of Israel and Palestine, emphasising that Putrajaya has never diplomatically recognised the existence of the state of Israel.

Anwar: Malaysia never recognised Israel, steadfast in support of Palestine

Over the past two weeks, oil and gas (O&amp;G) players publicly traded on Bursa Malaysia have been announcing awards from Petronas and its production sharing contract partners, for maintenance, construction and modification (MCM) as well as hook-up commissioning (HUC) services.

O&G jobs coming in, more expected

Wall Street's main indexes closed lower on Friday, with the S&amp;P 500 and Nasdaq notching their biggest one-day losses in two weeks, on concerns about slower interest-rate cuts and as investors reacted to cabinet picks by US President-elect Donald Trump.

Wall Street sinks on Powell rate-cut caution, Trump cabinet picks

The key focus at home this week is the October trade and inflation data, expected to be released aby the Department of Statistics Malaysia on Nov 19 and 22 respectively.

The Week Ahead: October inflation and trade data, G20 summit and flash PMI post-US election in focus

Sarawak is well-positioned to benefit from the global transition towards making hydrogen as a key fuel, with a legal framework in place to manage its environment while optimising the economic value of its natural resources.

Abang Johari: Sarawak well-placed to leverage on global transition to hydrogen

Strong US economic and inflation data continue to reshape the debate among Federal Reserve (Fed) policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.

Strong US data feeds doubts about Fed December rate cut