Trump Tariffs Set to Weaken Ringgit: UOB Forecasts Economic Headwinds for Malaysia

Trump Tariffs Set to Weaken Ringgit: UOB Forecasts Economic Headwinds for Malaysia: UOB forecasts that the ringgit will slide to 4.6 against the US dollar in the second quarter of 2025, and 4.7 in the third quarter

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Trump’s Tariff Tensions: Bill Ackman Warns of Global Business Confidence Crisis

BREAKING: After initially supporting President Trump’s tariffs, @BillAckman says Trump is “losing the confidence of business leaders around the globe.”

Ackman warns “economic nuclear winter” unless there is a time-out on tariffs

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Singapore Central Bank Eyes Further Policy Easing in April Amid Slowing Growth and Inflation

BREAKING: Singapore Central Bank Eyes Further Policy Easing in April Amid Slowing Growth and Inflation: This is a shift in expectations from only a few days ago, when the consensus was that MAS would stay put until July

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Japan’s PM Ishiba Prepares for High-Stakes US Visit: Tariff Talks with Trump on the Horizon

BREAKING: Japan’s Prime Minister says he is ready to visit the US and negotiate tariffs with President Trump

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Trump Denies Intentional Market Sabotage Amid Ongoing Stock Sell-Off

President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing sell-off, “but sometimes you have to take medicine to fix something.”

He cited the trade deficit with China as his rationale for pressing on with his tariffs plan despite the recent pain in the markets.

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Trump Draws a Line: No Trade Deal Without Resolving U.S. Trade Deficit

BREAKING: President Trump says, “We have to solve our trade deficit … Unless we solve that problem, I’m not going to make a deal.”

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EU Strikes Back: $28 Billion in Retaliatory Tariffs on U.S. Imports Amid Escalating Trade Tensions

The European Union has agreed on an initial set of countermeasures targeting $28 billion worth of U.S. imports in response to tariffs imposed by President Donald Trump. These measures aim to retaliate against U.S. tariffs on steel, aluminum, and other goods, which impact 70% of EU exports to the U.S., valued at $585 billion annually

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Hedge Funds Hold Strong: 317 Funds Invest in 71.13% of Microsoft’s Shares

Hedge Funds Hold Strong: 317 Funds Invest in 71.13% of Microsoft’s Shares: 44% of institutional investors hold Microsoft in their portfolios

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Saudi Arabia Slashes Oil Prices to Four-Month Low for Asian Buyers Amid OPEC+ Output Boost

Get Ready For Lower Oil Prices: Saudi Arabia has reduced oil prices for Asian buyers in May to their lowest level in four months, following a surprise decision by OPEC+ to increase production. Saudi Aramco cut the official selling price (OSP) of its flagship Arab Light crude by $2.30 per barrel, setting it at $1.20 above the average prices of Oman and Dubai benchmarks. This marks the second consecutive month of price reductions

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Vietnam Offers Historic Tariff Elimination: Zero Duties on U.S. Imports in Bid to Ease Trade Tensions

BREAKING: Vietnam has offered to eliminate all tariffs on U.S. imports in response to President Donald Trump’s announcement of a 46% tariff on Vietnamese goods, set to take effect on April 9, 2025. This proposal was made in an April 5 letter from Vietnam’s Communist Party chief, To Lam, who also requested a 45-day delay in the tariff’s implementation to allow negotiations

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