◉ HEADLINES

Tariff

US slashes Malaysia tariff to 19% amid trade overhaul

Malaysia among ASEAN nations facing revised US tariffs amid Washington’s aggressive trade realignment

Ringgit likely to trade within RM4.22-RM4.23 against greenback next week

However, the ringgit ended the week higher against the US dollar, closing at 4.2270/2360 on Friday from 4.2530/2605 a week earlier

Asean currencies seen strengthening this year as US dollar weakens

Maybank IB said President Donald Trump’s protectionist stance, speculated preference for a weaker dollar, and tax proposals have contributed to recent declines in the greenback

Ringgit strengthens against US dollar amid tariff shock impact

At 8.04 am, the local note rose to 4.2100/2410 versus the greenback from Friday’s close of 4.2285/2345

Trump threatens Apple with 25% tariff on iPhones made outside US

Apple has built up supply chains in Asia over the last few decades with large factories, mainly in China

◉ Popular

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Schools may close if air quality worsens, five areas hit unhealthy levels: DOE

The department said the areas recorded unhealthy API readings, warns of RM1mil fine for open burning offenders