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Indonesia seeks multi-billion S. Korea trade deal by November

JAKARTA, Feb 20 — Indonesia aims to sign a long-stalled free trade deal with South Korea by November in a move that could boost two-way trade by billions of dollars, its trade ministry said today. The deal would help to unlock vast natural…


Wall St set to open lower as US-China trade talks resume

NEW YORK, Feb 19 (Reuters) — US stocks were set to dip at the open today after rallying strongly last week, as investors focused on the latest round of trade talks between the United States and China. Hopes that the two countries will hammer out a…


Amid US-China trade war, western companies turning to Malaysia as it improves IP protection

NEW YORK, Feb 18 — Western companies, facing uncertainties caused by the US-China trade war, are looking for alternative sources of supply, and turning their attention to countries in Southeast Asia, including Malaysia, whose intellectual…


India’s US considers withdrawal of zero tariffs for India, say sources

NEW DELHI, Feb 8 — India could lose a vital US trade concession, under which it enjoys zero tariffs on US$5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of…


Minister: Malaysia’s total trade to grow 5pc in 2019

KUALA LUMPUR, Jan 30 — Malaysia’s total trade is projected to grow moderately by 5 per cent in 2019 from 5.9 per cent in 2018 due to uncertainties in the global market. International Trade and Industry Minister Datuk Darell Leiking said global…


US voices concern as India’s e-commerce restrictions hit Amazon, Walmart — Sources

NEW DELHI/NEW YORK: The United States government is concerned about India’s revised e-commerce regulations and has told officials in New Delhi the policy will hinder the Indian investment plans of Amazon.com and Walmart Inc, three sources familiar with the talks told Reuters. The tussle marks the latest in a number of US protests over Indian […]


EU trade chief says US talks will not include agriculture

WASHINGTON, Jan 10 — The European Union and United States have not yet agreed on the scope of trade negotiations, but the bloc will not include agriculture in the talks, its trade commissioner said yesterday. US President Donald Trump has sought…


Malaysia to record export growth of 5-6 per cent this year

KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) expects Malaysia to record an export growth of between five per cent and six per cent this year. Chief executive officer Mohd Shahreen Zainooreen Madros said the country’s export performance in 2017 was exceptionally well and it created a high base effect for the current year’s […]


Matrade: Malaysia to record export growth of 5 to 6pc this year

KUALA LUMPUR, Dec 19 — The Malaysia External Trade Development Corporation (Matrade) expects Malaysia to record an export growth of between five per cent and six per cent this year. Chief Executive Officer Mohd Shahreen Zainooreen Madros said the…


J&J announces US$5b share buyback after shares extend losses

NEW YORK, Dec 18 ― Johnson & Johnson said yesterday it plans to buy back up to US$5 billion (RM20.85 billion) of its stock, after a Reuters report on Friday that the company knew for decades that its Baby Powder contained cancer-causing…