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  • Page 16

ECONOMY

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  • ECONOMY

Ringgit Climbs Sharply, Hits RM3.87 Against US Dollar at Market Opening Amid Global Currency Shifts

El Sky Media2 months ago2 months ago04 mins

KUALA LUMPUR, Feb 24, 2026 — The Malaysian ringgit opened stronger against the US dollar on Tuesday, with the local…

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  • ECONOMY
  • GLOBAL

Trump Raises Global Tariffs to 15% After Supreme Court Ruling, Invokes Alternate Law Amid Trade Turmoil

El Sky Media2 months ago2 months ago04 mins

WASHINGTON, Feb 22, 2026 — In a significant escalation of trade policy, United States President Donald Trump announced on Saturday…

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  • ECONOMY

Russia Sells Gold to Plug Budget Gap as Oil Revenues Slide

El Sky Media2 months ago2 months ago02 mins

Kuala Lumpur, Russia has begun selling portions of its gold reserves in a bid to offset declining revenues from oil…

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  • ECONOMY

Wall Street Rallies After High Court Limits Trump’s Trade Authority; Markets Brace for New Tariff Risks

El Sky Media2 months ago2 months ago05 mins

Wall Street Rallies After High Court Limits Trump’s Tariff Authority; Markets Weigh Effects of New Levies Wall Street closed higher…

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  • ECONOMY

indonesia to Proceed with Plan to Buy 50 Boeing Jets under US Trade Deal

El Sky Media2 months ago2 months ago02 mins

Kuala Lumpur — Indonesia is moving ahead with its plan to purchase 50 aircraft from American manufacturer Boeing as part…

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  • ECONOMY

Malaysia’s January Trade Soars 12.6% to RM272.37 Billion as Exports and Imports Expand

El Sky Media2 months ago2 months ago05 mins

KUALA LUMPUR, Feb 20, 2026 — Malaysia kicked off 2026 with a robust performance in international trade, as total trade…

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  • ECONOMY

Ringgit Strengthens Against US Dollar Amid Rising US–Iran Tensions

El Sky Media2 months ago2 months ago03 mins

KUALA LUMPUR, Feb 20, 2026 — The Malaysian ringgit strengthened against the US dollar on Friday amid renewed geopolitical tensions…

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  • ECONOMY

Indonesia and US Finalize Trade Deal: Tariff on Indonesian Goods Set at 19%, Key Commodities Get Zero Duty

El Sky Media2 months ago2 months ago02 mins

Kuala Lumpur,El Sky News — The Indonesian government has confirmed a major breakthrough in bilateral trade negotiations with the United…

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  • ECONOMY

Duopharma Biotech shares rise on RM52.54m govt contract

El Sky Media2 months ago2 months ago03 mins

Duopharma Biotech Shares Rise After Securing RM52.54 Million Government Contract KUALA LUMPUR, Feb 19, 2026 — Shares of Duopharma Biotech…

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  • ECONOMY

Ringgit dips vs US dollar as FOMC minutes hint at rate hike

El Sky Media2 months ago2 months ago03 mins

The Malaysian ringgit weakened against the US dollar following the release of the latest minutes from the US Federal Open…

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