Forex

Ringgit set to stay firm with upside bias against US dollar next week

KUALA LUMPUR: The ringgit is expected to stay firm with an upside bias against the greenback next week, ahead of the release of US central bank meeting minutes and the US personal consumption expenditures inflation report.

Business

Trump threatens new tariffs on European Union and Apple, reigniting trade fears

BRUSSELS/BANFF, Canada/THE HAGUE: U .S. President Donald Trump threatened on Friday to ratchet up his trade war again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple he may slap a 25% levy on all imported iPhones bought by U.S. consumers.

STARPICKS

Elevated living, grounded in green

A HOME is more than just a shelter – it's a long-term investment and a space that shapes daily life.

Short Position

Investors demand transparency as Bursa investigates trading breach

Firstly, kudos to Bursa Malaysia for deciding to reverse the unauthorised trades that took place in April.

Short Position

Big contracts don’t always mean big returns

Winning large contracts is usually a good sign, as they are expected to lead to healthier profits.

Insight

Steering through automotive supply chain shifts: Malaysia’s resilience in a volatile world

How time flies. We are already a quarter of the way into the 21st century. In that time, the world has endured a series of shocks.

Star Biz7

A night market of healing

At the second Liaoning Traditional Chinese Medicine Cultural Night Market, Ghanaian doctoral student Nkrumah Seth skillfully takes the pulse of an elderly woman at the free consultation area.

Star Biz7

Italy’s south flourishes with tourism

In a rundown neighbourhood of Sicily's capital Palermo, a whitewashed old farmhouse that accommodates pilgrims now offers two rooms to tourists for bed and breakfast (B&B) after a renovation.

Star Biz7

Emerging markets finally push through

Wall Street's emerging-market (EM) faithful are finally seeing better returns after missing out for years as US stocks soared.

Star Biz7

New managers CLO-g market

A spate of hedge funds and asset managers are diving into the US$1.3 trillion collateralised loan obligation (CLO) market with debut vehicles, fuelling demand for new leveraged loans and pushing up prices for older ones.

Star Biz7

Future minerals fuel new ‘super cycle’

The next commodities boom might not be about oil or gold – but copper, lithium, and other so-called "future minerals" that are becoming central to the green-energy revolution.

Short Position

New measures to stop the rot

The Auditor-General recently said that all federal and state agencies, statutory bodies and government-linked companies (GLCs) must return any leaked or misappropriated funds.

Star Biz7

China tech gets second look

Cathie Wood, the maverick behind Ark Investment Management and long-time champion of US tech innovation, reportedly has made a surprising move – into China.

Insight

Pressure mounts for fruitful trade talks

The world over, government officials leading trade negotiations with the United States face immense pressure. These negotiations are becoming increasingly critical and tense, with significant implications at stake.

Star Biz7

A buyers’ strike warns BoJ of policy risks

JAPAN's sovereign debt market is flashing a warning to the central bank that dialing back its bond purchases needs to be done with great care.

Insight

Retiring in 5 years? Here’s your game plan

ARE you approaching retirement and feeling unsure about whether you're truly prepared for this next phase of life?

Star Biz7

Caught in the middle

There is a Malay proverb which states, "when elephants fight, the mousedeer dies in the middle". While "dies" may be too strong a word, this proverb can still be likened to Malaysia's current position in the global economic world.

Star Biz7

Region’s fruits of beauty

Building a global skincare brand out of Malaysia is no easy feat- Li Tim Koh and Sheryl Oon are well aware of that.

Insight

Hiring woes in picky job market

Malaysia's unemployment rate has always been low and often meets the economic definition of full employment.

Insight

Can gold replace US dollar?

Wall Street pundits and investors are schizophrenic about the US dollar. The currency weakened after Moody's cut the US credit rating by one notch from Aaa (the highest rating) to Aa1, attributing the downgrade to the increasing fiscal deficit, as well as the rising interest rate costs on federal government debt.