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NEWS: Sik Cheong expands into new products and markets post-listing

BEIJING (April 7): Goldman Sachs said it expects Chinese policymakers to accelerate fiscal easing measures significantly to offset the drag on growth from higher tariffs announced by the United States last week that were higher than expected.

Goldman said in a report on Sunday that the ...

Goldman Sachs expects significant Chinese fiscal easing to offset tariffs

Malaysia and Asean countries need to come together and form an agreement on the tariffs announced by the US to ensure that upcoming negotiations and discussions have a solid foundation, said Prime Minister Datuk Seri Anwar Ibrahim.

US tariffs: Malaysia, Asean need to establish an agreement to strengthen negotiation foundation — Anwar

SINGAPORE (April 7): Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for President, said the U.S. leader was losing the confidence of business leaders and should pause his trade war.

"The president has an opportunity to call a 90-day time out," Ackman said in ...

Bill Ackman warns Trump is losing business leaders' confidence

BENGALURU (April 7): US-based investment firm Stonepeak will acquire a 40% stake in Woodside Energy's Louisiana LNG project and contribute US$5.7 billion (RM25.47 billion) in capital expenditures, the Australian energy company said on Monday.

Stonepeak to acquire 40% stake in Woodside Energy's Louisiana LNG project

Two weeks ago, copper prices were surging as traders warned that threatened US tariffs on the metal would squeeze global supplies. Now, bulls are confronting one of the market’s worst-ever selloffs as President Donald Trump’s broader trade war upends the outlook for demand.

Copper’s bull run turns to rout as reality of tariffs bites

KUALA LUMPUR (April 7): Shares in furniture manufacturer Poh Huat Resources Holdings Bhd (KL:POHUAT) fell to their lowest level in 32 months on Monday, after analysts flagged downside risks to the group’s earnings outlook from the imposition of reciprocal tariffs by the United States.

Poh Huat dips to 32-month low as analysts flag earnings risk from US reciprocal tariffs

A common maxim of trade wars is that the best retaliation is not to retaliate at all. Such conflicts, after all, are counterproductive in the first place.

China has already trade-war-proofed its economy

SEOUL (April 7): LG Energy Solution, an electric vehicle (EV) battery supplier for General Motors and Tesla, estimated on Monday a 138% rise in its quarterly operating profit.

LG Energy Solution flags 138% rise in 1Q operating profit

TOKYO (April 7): Oil prices slid more than 3% on Monday, deepening last week's losses, as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude.

Oil plunge deepens on fears global trade war could trigger recession

China’s objections to new US tariffs stalled a deal to sell off TikTok and keep it operating in the US, President Donald Trump said Sunday.

TikTok deal stalled by China’s objections to tariffs, Trump says

The FBM KLCI plunged 62.66 points, or 4.17% to a more than two-year low on Monday as fears of a global trade war saw Wall Street futures and Asian stock markets dive.

FBM KLCI down 4.17% to more than two-year low on global trade war woes

Asian stock markets plunged on Monday as fears of a global trade war saw Wall Street futures dive, and investors wagered the mounting risk of recession could see US interest rates cut as early as May.

Asia stocks, oil prices plunge; markets hunger for rapid US rate cuts

President Donald Trump’s top economic officials dismissed investors’ fears of inflation and recession, offering no apologies for the market turmoil sparked by sweeping global tariffs and defiantly insisting a boom is on the horizon.&nbsp;

On the heels of huge global stock market falls, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and others dug in on Sunday and declared that Trump would persist in his tariffs agenda, whatever markets may do.

Trump team rejects market fears, shows defiance on tariffs

A common maxim of trade wars is that the best retaliation is not to retaliate at all. Such conflicts, after all, are counterproductive in the first place.

Malaysia should not panic or rush into decisions regarding the impact of the 24% reciprocal tariff imposed by the US on Malaysian goods, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia should not panic, rush into decisions over US tariffs, says Amir Hamzah

US equity futures slumped and the yen surged early Monday in a sign of deepening turmoil across financial markets as investors began to price in the fallout from Donald Trump’s reciprocal tariffs.

S&P 500 futures slump as tariff turmoil deepens

Cryptocurrencies sold off sharply heading into the week in Asia, underscoring a clear risk-off sentiment across markets. Bitcoin shed about 7% of its value from Sunday night through to Monday morning in Singapore to reach a low point of US$77,077 (RM344,233).

Bitcoin plunges into Asia open as crypto feels trade war pain

KUALA LUMPUR (April 7): Shares in furniture manufacturer Poh Huat Resources Holdings Bhd (KL:POHUAT) fell to their lowest level in 32 months on Monday, after analysts flagged downside risks to the group’s earnings outlook from the imposition of reciprocal tariffs by the United States.

（吉隆坡7日讯）受全球贸易战担忧影响，华尔街期货和亚洲股市大跌，拖累富时隆综指周一狂泻62.66点或4.17%，至两年多来的最低点。

受全球贸易战影响 马股狂泻4.17%至两年多低点

SINGAPORE (April 7):&nbsp;Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for President, said the U.S. leader was losing the confidence of business leaders and should pause his trade war.

"The president has an opportunity to call a 90-day time out," Ackman said in ...

TOKYO (April 7): Oil prices slid more than 3% on Monday, deepening last week's losses, as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude.

Prime Minister Datuk Seri Anwar Ibrahim has reminded all quarters, including civil servants, to tackle every issue in the country effectively to prevent it from being exploited by irresponsible parties.

Anwar: Tackle issues effectively to avoid exploitation by irresponsible parties

A slew of tax changes is discouraging many foreigners from buying homes in the UK, particularly in the flashiest parts of London. The share of overseas buyers registering with an estate agency in Britain fell to 1% between January and March, the lowest level since at least 2008, according to data from broker Hamptons.

Foreigners’ interest in UK homes sags to lowest level since 2008

Malaysia and Asean countries need to come together and form an agreement on the tariffs announced by the US to ensure that upcoming negotiations and discussions have a solid foundation, said Prime Minister Datuk Seri Anwar Ibrahim.

SEOUL (April 7): LG Energy Solution, an electric vehicle (EV) battery supplier for General Motors and Tesla, estimated on Monday a 138% rise in its quarterly operating profit.

Two weeks ago, copper prices were surging as traders warned that threatened US tariffs on the metal would squeeze global supplies. Now, bulls are confronting one of the market’s worst-ever selloffs as President Donald Trump’s broader trade war upends the outlook for demand.

BENGALURU (April 7): US-based investment firm Stonepeak will acquire a 40% stake in Woodside Energy's&nbsp;Louisiana LNG project and contribute US$5.7 billion (RM25.47 billion) in capital expenditures, the Australian energy company said on Monday.

（吉隆坡7日讯）家具制造商堡发资源（Poh Huat Resources Holdings Bhd）（KL:POHUAT）的股价周一跌至32个月来的最低水平，此前分析员表示，美国征收互惠关税将给该集团的盈利前景带来下行风险。

美国互惠关税带来盈利风险 堡发资源跌至32个月低点

BEIJING (April 7): Goldman Sachs said it expects Chinese policymakers to accelerate fiscal easing measures significantly to offset the drag on growth from higher tariffs announced by the United States last week that were higher than expected.

Goldman said in a report on Sunday that the ...