Asian stocks fell on Friday with heavy selling in South Korea and Japan, while safe-haven gold hit a record high, as the latest tariff salvo from US President Donald Trump stoked investor worries of an all-out trade war.

Asian stocks slide, gold hits record high on US tariffs

Some investors are betting the good times are only just beginning for emerging markets as worries over the US economy boost the allure of the long-suffering asset class.

Bets on US weakness are fuelling a rally in emerging markets

UK bonds declined, erasing gains after Wednesday’s announcement of a smaller-than-expected debt plan, as investors turned their attention to the country’s still-fragile finances and the risk of rising borrowing costs globally.

Gilts fall as investors focus on lingering fiscal challenges

Global stock markets fell on Thursday as shares in some of the world's biggest carmakers tumbled after US President Donald Trump announced new tariffs on auto imports.

Trump's auto tariffs hit stocks, gold rises as investors seek safety

Borrowers are piling into bond markets to get deals done ahead of US President Donald Trump’s plans to impose global tariffs on April 2.

Bond markets draw rush of issuers before Trump’s tariffs hit

One of the most popular ETFs in emerging markets is quickly falling out of favour after a stellar two-year run as investors reassess the outlook amid global growth concerns and simmering trade tensions.

Hottest emerging ETF sees record outflows as China gains

Asian stocks followed Wall Street higher on Wednesday and the US dollar meandered as markets awaited clarity on President Donald Trump's trade policy ahead of a new round of tariffs next week.

Stocks gain, dollar drifts as traders ponder Trump tariff outlook

European shares rose on Tuesday, taking their cue from a strong overnight rally on Wall Street on hopes of narrower-than-feared US tariffs, while the dollar continued its cautious rebound, trading near three-week highs against a basket of peers.

European shares helped by optimism around tariffs, dollar perks up

Fidelity Investments and Charles Schwab Corp. are prohibiting clients from investing in money-market ETFs on their trading platforms, an unusual move for the financial powerhouses who typically permit easy access to funds that already trade on an exchange.

Fidelity, Schwab block orders of BlackRock and Texas Capital ETFs

European shares rose on Monday on upbeat German data and US stock futures and the dollar firmed at the start of a data-driven week, although the threat of US tariff hikes made investors cautious.

Futures buoyant ahead of data-driven week

Wall Street edged higher and the dollar gained ground on Friday after US President Donald Trump hinted he would be flexible regarding a new round of tariffs expected to be imposed early next month.

Wall Street ends higher, dollar rises as Trump signals tariff respite

Investors are dismissing the risks that a full-fledged trade war would pose to stocks as “monster” flows of capital keep pouring into global equity markets, Bank of America Corp’s Michael Hartnett said.

BofA says tariff risk dismissed as stocks get ‘monster’ inflows

World markets slipped on Thursday as signals from the US Federal Reserve and a number of other top central banks that they remain in rate cut mode amid global uncertainty kept the bears on top.

Stocks fall as central banks flag global risks

Hong Kong’s market regulator is planning to cap margin loans used to buy shares at initial public offerings (IPOs), according to people familiar with the matter, in an effort to clamp down on heated demand from retail investors.

Hong Kong plans IPO margin loan cap amid heated retail demand

WASHINGTON (March 28): The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the next 30 years, in part due to rapidly rising interest costs, as it sketched out sluggish economic growth and a shrinking workforce.

T...

CBO sees US deficits rising over 30 years, economic growth slowing

Elon Musk, the billionaire running US President Donald Trump’s federal cost cutting effort, said he plans to slash US$1 trillion (RM4.43 trillion) in government spending by the end of May.

Musk says DOGE aims to finish US$1 tril in cuts by end of May

WASHINGTON (March 27): US President Donald Trump issued a proclamation on Thursday, targeting law firm WilmerHale, the fifth time the president has taken aim at a major firm with connections to his legal or political adversaries.

Trump targets another law firm, citing ties to Robert Mueller

Just four months ago, Delta Electronics (Thailand) Pcl’s shares were outpacing global peers, prompting a series of moves from Thai market authorities to halt the rally. Now, the stock is in a stark reversal.

A US$30b rout turns Delta Thailand into Asia’s worst stock

NEW YORK/LONDON/LOS ANGELES (March 28): Some drugmakers are taking the unusual step of sending more medicines by air to the U.S., two executives and two logistics firms said amid fears President Donald Trump's April 2 tariffs announcement could include products made in Europe.

Two Europ...

Trump tariff threats prompt some drugmakers to expedite shipments to US

(March 28): Russian President Vladimir Putin suggested Ukraine be placed under a form of temporary administration to allow for new elections and the signature of key accords to reach a settlement in the war, Russian news agencies reported early on Friday.

Putin suggests temporary administration for Ukraine to end war

Beshom Holdings Bhd’s (KL:BESHOM) outlook appears uncertain amid broader caution among consumers, TA Securities flagged after a weaker-than-expected quarter while the stock neared its 13-year lows.

Beshom's outlook uncertain, TA Securities says, as stock nears 13-year lows

Australia’s Prime Minister Anthony Albanese has called an election for May 3, kicking off what’s expected to be a closely-fought campaign centred on cost-of-living pressures and a housing crisis in a sluggish economy.

Australia’s PM calls May 3 election as polls show tight race

RHB Bank Bhd (KL:RHBBANK) has subscribed to an aggregate of about 51 million new shares in Boost Bank for RM51 million since May 17, 2024, in order to maintain its 40% equity interest in the digital bank.

RHB Bank subscribes to additional shares in Boost Bank worth RM51m

The US is pushing to control all major future infrastructure and mineral investments in Ukraine, potentially gaining a veto over any role for Kyiv’s other allies and undermining its bid for European Union (EU) membership.

US seeks to control Ukraine investment, squeezing out Europe

Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday.

Sapura Energy, Jati Tinggi, Keyfield, Bursa Malaysia, KPJ, Al-Aqar REIT, LSH Capital, HHRG, Cypark, Crescendo, Malakoff

US&nbsp;beef sales to China have taken a dive, US&nbsp;government data showed on Thursday, after Beijing allowed the expiration of registrations that had permitted exports from hundreds of American meat facilities.

US beef sales to China skid after Beijing lets export registrations lapse

KUALA LUMPUR (March 28): Bus operator HI&nbsp;Mobility Bhd (KL:HI) kicked off its first ever day on the Main Market modestly higher, snapping a series of debut flops on Bursa Malaysia.

HI Mobility debuts on Main Market with slight premium

(March 27):&nbsp;Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil-transfer hub for more than a month — possible sign of&nbsp;slowing logistics&nbsp;for the sensitive trade to China.&nbsp;

Iran oil-filled tankers build up off Malaysia as US sanctions mount

Car prices have already climbed out of reach for many Americans. The search for a cheap car is poised to get even tougher.

US President Donald Trump’s tariffs on automobile imports set to take effect next week are expected to drive up costs across the industry, raising sticker prices by thousands of dollars.

Cars under US$30,000 risk becoming a casualty of Trump’s tariffs

Asian stocks fell on Friday with heavy selling in South Korea and Japan, while safe-haven gold hit a record high, as the latest tariff salvo from US&nbsp;President Donald Trump stoked investor worries of an all-out trade war.

Police arrested a freelance preacher on Thursday following a Facebook post allegedly containing seditious elements that could threaten public order.

Police arrest freelance preacher over alleged seditious post

Some investors are betting the good times are only just beginning for emerging markets as worries over the US economy boost the allure of the long-suffering asset class.

Stocks fell after the US pushed ahead with tariffs on automakers, reinforcing concern about a widening trade war and offsetting data that showed faster-than-estimated growth in the world’s largest economy.

Stocks fall as trade war clouds economic outlook

Police have identified 14 accident-prone stretches or blackspots and 61 areas with high traffic flow or hotspots here in conjunction with Hari Raya Aidilfitri through Op Lancar which began on March 2 and ends on April 6.

Police identify 12 accident blackspots, 61 congested locations in KL

RHB Bank Bhd (KL:RHBBANK) has subscribed to&nbsp;an aggregate of about 51 million new shares in Boost Bank for RM51 million since&nbsp;May 17, 2024, in order to maintain its 40% equity interest in the digital bank.

A woman pleaded not guilty at the Sessions Court here on Thursday to three charges of giving contradictory testimony to the Malaysian Anti-Corruption Commission (MACC).

Woman charged in a case involving Mitra funds pleads not guilty

Automakers’ bonds weakened in US debt markets on Thursday after President Donald Trump&nbsp;slapped&nbsp;25% tariffs on car imports and warned of a broader trade war ahead.

Carmakers trail US high-grade market with levies set to hit

Beshom Holdings Bhd’s (KL:BESHOM) outlook appears uncertain amid broader caution among consumers, TA Securities flagged after a weaker-than-expected quarter while the stock neared its 13-year lows.

Six Russians died on Thursday and 39 foreign tourists were rescued when a viewing submarine sank off the Egyptian Red Sea resort of Hurghada, the local governor's office said on Facebook, adding that no passengers or crew were still missing.

Six Russians dead, 39 tourists rescued after submarine sinks in Red Sea off Egypt

Ferrari NV plans to raise prices for some of its cars by as much as 10% to deal with US President Donald Trump’s latest auto tariffs.

The Italian manufacturer said on Thursday its profit margins may get squeezed, but confirmed its financial guidance for the year, reassuring investors.

Ferrari plans to raise US prices up to 10% after tariffs hit

Wal-Mart de Mexico SAB, the local unit of the US retail giant, plans to invest US$6 billion (RM26.56 billion) this year in its Mexico operations to add more locations and robotic logistics hubs, escalating its bet on the market despite economic challenges and a brewing US trade conflict.

Walmart bets US$6 bil on Mexico even as economy slows

(March 28): Russian President Vladimir Putin suggested Ukraine be placed under a form of temporary administration to allow for new elections and the signature of key accords to reach a settlement in the war, Russian news agencies reported early on Friday.

The operator of the main Paris airports predicted an increase in air fares in coming years to compensate for the use of expensive alternative aviation fuel, weighing on travel demand into the world’s most popular tourist destination.&nbsp;

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