FBM KLCI closes higher on foreign buying; Wall Street rebounds as Trump drops Europe tariffs and Greenland force option.
The FBM KLCI closed at 1,669.57 on Jan 8, down 0.43% or 7.26 points (range: 1,666.34-1,674.44) and is cautious with…
Supreme Court justices challenged Donald Trump’s use of emergency powers for tariffs, questioning whether he exceeded Congress’s authority under IEEPA.
Fed keeps rates at 4.25%-4.5%, cites tariff uncertainty, solid labor market, and rising inflation, unemployment risks.
The EU’s countermeasures will roll out in two phases, beginning April 1 and reaching full implementation by April 13
Volatility may persist due to concerns over potential U.S. tariffs under Trump’s administration, leading to cautious sentiment among foreign investors
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