Oil prices steadied on Thursday, as investors weighed the risk of supply shortages amid US President Donald Trump's push for a swift resolution to the war in Ukraine through more tariffs, though a surprise build in US crude stocks weighed on prices.
The 13th Malaysia Plan (13MP) will see the government putting up a target of 4.5% to 5.5% annual gross domestic product (GDP) for the 2026 to 2030 period, according to the country's latest five-year economic development blueprint, released on Thursday.
Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim announced plans to extend the minimum wage policy to cover graduates and semi-skilled workers, including technical and vocational education and training graduates under MASCO Code 8 and above.
US President Donald Trump will announce a new tariff rate against Malaysian goods on Friday, Aug 1, said Prime Minister Datuk Seri Anwar Ibrahim.
The U.S. trade deficit in goods narrowed to the lowest level in nearly two years in June as imports fell sharply, cementing economists' expectations that trade likely accounted for much of an anticipated rebound in economic growth in the second quarter.
President Donald Trump will make his trade deal decisions this week even as separate negotiations with China and the European Union continue, U.S. Commerce chief Howard Lutnick said on Tuesday ahead of Trump's self-imposed Aug. 1 deadline.