Malaysia Financial News

central banks are getting a painful refresher in economic theory. Monetary authorities in China, India and elsewhere have waged a prolonged campaign against the strong dollar, using a mix of official reserves and opaque derivatives trades to defend their currencies. But their moves have pushed up borrowing costs for local banks just when slowing economies need more liquidity. China’s overnight and seven-day repo rates surged in February, while bond investors took losses from a sharp rise in yields. Banking liquidity in India suffered its highest deficit in at least 14 years earlier this year and overnight borrowing costs jumped. Liquidity also dried up in Indonesia and Malaysia following central bank currency interventions. These moves are explained by what economists call the impossible trinity, the idea that countries can’t simultaneously control their currencies, independently set interest rates and allow capital to move freely across borders. Something will break or give way.

Trump has doubled down on the on the tariff war that he's unleashed, pledging to impose similar levies on India and others from April 2. These reciprocal tariffs are in response to, according to him, high import taxes on American goods.

Malaysia on Wednesday to bolster the Southeast Asian country's efforts to produce high-end semiconductors amid the US-China tech trade war. Malaysia is a key player in the vital chips sector but has been largely focused on packaging, assembly and testing services — the lower end of the market. The agreement will see Softbank-owned Arm provide chip designs and other technology, helping Malaysia to move into more value-added production such as wafer fabrication and integrated circuit design.

Subscribe to enjoy similar stories. It’s called Bad Boy Martini. The cocktail at the restobar For The Record (FTR) in Goa was born last year when its founder and chef, Buland Shukla, had paan cravings and sought to create a Betel Leaf Margarita.

United States President Donald Trump’s threatened steel tariffs that don’t kick in for two weeks are impacting U.S. buyers who already are seeing American-made metal cost more than imports.

Subscribe to enjoy similar stories. Being ‘not China’ may have been the easy part. A big manufacturing pitch in several Asian economies was that they enjoyed cordial relations with Beijing and solid historical ties to the US.

Malaysia, but their actual final destination remains a mystery, the city-state's interior minister said Monday. The United States is cracking down on exports of advanced semiconductors to China, seeking to retain a competitive edge over the technology. But Bloomberg News reported in late January that US officials were probing whether DeepSeek bought advanced Nvidia semiconductors through third parties in Singapore, skirting Washington's restrictions.

Delhi and Udaipur. This being part of the ‘Golden Triangle’, the plane usually had a fair number of tourists, many from France. Seated somewhere near on the plane, I would hear them catalog the ways in which “this could be such a great place if only…”. In French, of course, oblivious to the possibility that anyone around would understand. While I seethed, my nationalist instincts primed. I wanted to ask them how much they paid for their room in a haveli near the lake, and three square meals among the bougainvilleas? Where else could they buy so much beauty so cheap? All that came back to me with the recent stories in the Economist and Le Monde on why India does so badly on tourism: India gets about 10 million foreign tourists a year, while France, a tenth in area and less than a twentieth in population, gets 100 million. France has the Mona Lisa, but we have the Taj Mahal. France is easy for European tourists but we are next to China, the biggest spender in the world on international tourism.

Subscribe to enjoy similar stories. SINGAPORE—Cui Shu, a lawyer in the southeastern Chinese city of Xiamen, was working in his office Friday morning when a flurry of calls and text messages arrived from clients, frantically seeking guidance about President Trump’s latest proposal, delivered by social-media post hours earlier: an additional 10% tariff on all Chinese imports. One of Cui’s clients, a manufacturer of electrical transformers, was already shifting production to Malaysia.

Sergei Shoigu landed in Beijing on Friday, Russian news agencies reported, for a flying visit to meet China's top leadership. «During the one-day visit, he is scheduled to meet with Chinese President Xi Jinping… and Foreign Minister of the People's Republic of China Wang Yi,» TASS said.

Ocean Infinity, a British firm, has sent the most technically advanced vessel of its kind to search the Indian Ocean for the wreckage of Malaysian Airlines Flight 370, almost 11 years after the plane disappeared off the radar and remains one of the greatest mysteries in aviation.

Subscribe to enjoy similar stories. Foreign institutional investors have called it quits on Asian equities after US President Donald Trump’s America First policy triggered global trade policy uncertainty. A likely shift in world trade dynamics due to potential reciprocal tariffs could hurt the economic prospects of Asian economies.

Subscribe to enjoy similar stories. After the Trump administration put a new 10% tariff on Chinese products earlier this month, Agilian Technology, an electronics manufacturer in China, pressed forward with its plan to avoid additional levies. In the run-up to last year’s election, Agilian grew increasingly worried that the U.S.

Archana Puran Singh, best known for her appearances on The Great Indian Kapil Show, continues to captivate audiences weekly with her engaging YouTube content. In one of her recent vlogs, she was seen spending time with fellow comedian Kiku Sharda and his wife, Priyanka. During their lively conversation, Kiku made a surprising revelation about Priyanka, leaving Archana and the others astonished.

Subscribe to enjoy similar stories. NEW DELHI : India is well-positioned to become a leader in terms of green hydrogen output, and round-the-clock supply of renewable energy would be key to lowering the cost of its production in the country, said Sushil Purohit, chief executive of Gentari. In an interview, the CEO of the renewable energy arm of Malaysia's energy major Petronas said that the green hydrogen ecosystem is still in its initial stages and will pick up pace going ahead with immense scope for its adoption.

Indian refiners have cancelled orders for 100,000 metric tons of crude palm oil (CPO) scheduled for delivery between March and June, because of a surge in benchmark Malaysian prices and negative refining margins in India, four trade sources said.

overseas tourism boards, destination management companies, and luxury hotels are looking to boost arrivals from India through newer strategies, attractions, offers and partnerships.

Malaysia-India Defence Cooperation Committee (MIDCOM) took place in Kuala Lumpur on Wednesday and was co-chaired by Defence Secretary Rajesh Kumar Singh and Secretary General of Ministry of Defence of Malaysia, Lokman Hakim Bin Ali, the Ministry of Defence noted.

Women's Premier League (WPL) approaching, India and Mumbai Indians’ captain Harmanpreet Kaur believes the tournament will be crucial in shaping preparations for the ODI World Cup, which India is set to host later this year.

Year of the Snake with vibrant celebrations, cultural traditions, and hopes for prosperity. From temple rituals in Hong Kong to grand festivities in Moscow, the occasion was observed on a global scale.

Subscribe to enjoy similar stories. US President Donald Trump’s manufacturing push is a wake-up call for countries vying to be the next China. They need to get working.