
Nazir lauds Anwar, govt's handling of US tariffs
The Malaysian chapter of the Asean-Business Advisory Council (Asean-BAC) has complimented the government's handling of the United States tariffs.
The group noted that Prime Minister Anwar Ibrahim and his administration and faced the matter calmly and in a balanced manner while protecting national interests.

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Malay Mail
12 minutes ago
- Malay Mail
Anwar hopes for peaceful resolution between Pakistan and India, strengthens bilateral ties
KUALA LUMPUR, June 6 — Prime Minister Datuk Seri Anwar Ibrahim hopes that Pakistan and India can reach a peaceful and comprehensive solution to ensure lasting regional stability and peace. Sharing on Facebook today, Anwar said the wish was conveyed to Pakistani Prime Minister Shehbaz Sharif when he received a phone call from the leader who is currently performing the hajj pilgrimage. 'I pray that he has a successful hajj and wish Eid Mubarak (Selamat Hari Raya) to all Pakistanis,' he said. At the same time, Anwar also hoped that Shehbaz's official visit to Malaysia could be rescheduled when the situation in Pakistan permits. He said Malaysia looks forward to the opportunity to continue strengthening its strategic, as well as mutually respectful and beneficial, bilateral relationships. Anwar also appreciated compliments delivered by Shehbaz on Malaysia's success in hosting the recent Asean Summit. — Bernama


New Straits Times
16 minutes ago
- New Straits Times
Anwar highlights Prophet Ibrahim's example of sacrifice and dialogue in Aidiladha message
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim, in his hari raya Aidiladha message, called upon Muslims nationwide to draw upon the lessons of sacrifice and noble values espoused by Prophet Ibrahim and Prophet Ismail. He said the example set by Prophet Ibrahim, in the form of the ultimate sacrifice by a father and prophet, also carries with it not just wisdom but also a model of 'dakwah' rooted in a culture of healthy and vibrant discourse. "Prophet Ibrahim did not engage in monologues but encouraged his congregation to solid dialogue and debate as a strategy to stimulate critiical thinking and appreciation of truth, nurturing a community of discerning minds and individuals with strong self-discipline," he said in a Facebook post today. Anwar also told all Muslims that while echoing the 'takbir' during Aidiladha, they should also not forget those who have sacrificed themselves to defend their cities and lands while enduring suffering, especially those in war-torn Gaza. "I pray for all Muslims in Malaysia and those performing their Haj to be granted good health and strength to face the challenges ahead, and that they remain humble in their supplications within the mercy and protection of the Almighty."

The Star
22 minutes ago
- The Star
Bursa Malaysia ends slightly lower tracking regional markets
KUALA LUMPUR: Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was down 0.08 per cent, or 1.33 points, to 1,516.79 from Thursday's close of 1,518.12. The benchmark index opened at 1,516.91, less 1.21 points, and moved between 1,513.39 and 1,518.71 throughout the trading session. Market breadth was negative, as decliners outnumbered gainers 478 to 325. A total of 529 counters remained unchanged, with 1,014 untraded and 20 suspended. Turnover dropped to 1.92 billion units worth RM1.66 billion compared with Thursday's 2.42 billion units valued at RM2.27 billion. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng told Bernama that key regional indices ended mixed as investors remained cautious, awaiting further signals on trade negotiations between the United States (US) and key regional players, especially China. Besides, he said that the weak performance on Wall Street overnight hurt market sentiment globally. Meanwhile, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said the FBM KLCI posted a marginal decline, despite Thursday's notable technical rebound, which helped cushion broader losses. He said gains were concentrated mainly in select index constituents, supported by short-term technical recovery and renewed optimism surrounding data centre-related themes. However, foreign investors continued to pare down their holdings in Malaysian equities, marking a third consecutive week of net selling. Additionally, although US President Donald Trump described his phone conversation with President Xi Jinping as "very good', the remarks failed to lift sentiment meaningfully. Asian markets closed mixed, with major Chinese indices ending in negative territory, highlighting persistent investor caution amid unresolved geopolitical and macroeconomic headwinds. Meanwhile, risk sentiment on Wall Street was briefly pressured by a public feud between Trump and businessman Elon Musk, centred on threats to revoke Musk's government contracts. "At this stage, we view the issue as isolated, with limited impact on the broader technology sector in both the US and Malaysian markets,' said Mohd Sedek. Among the heavyweights, Petronas Chemicals shed 11 sen to RM3.25, Press Metal Aluminium eased 7.0 sen to RM4.96, 99 Speed Mart Retail slid 2.0 sen to RM2.09, RHB Bank reduced 5.0 sen to RM6.35, and Petronas Dagangan fell by 14 sen to RM21.00. Among the most active stocks, MYE added 1.5 sen to 94.5 sen, Tanco and Gamuda rose 3.0 sen each to RM1.03 and RM4.77, respectively, KPJ dropped 3.0 sen to RM2.75, and Signature Alliance Group gained 1.0 sen to 71 sen. On the index board, the FBM Emas Index weakened 7.49 points to 11,355.34, the FBMT 100 Index cut 4.67 points to 11,123.69, but the FBM ACE Index gained 1.18 points to 4,519.32. The FBM Emas Shariah Index gave up 11.52 points to 11,329.22, but the FBM 70 Index recovered 13.26 points to 16,296.57. Sector-wise, the Financial Services Index fell 31.26 points to 17,708.31, and the Industrial Products and Services Index was 1.32 points lower at 150.80. However, the Energy Index rose 9.84 points to 718.45, and the Plantation Index grew 33.47 points to 7,252.85. The Main Market volume narrowed to 964.07 million units valued at RM1.46 billion compared to Thursday's 1.16 billion units worth RM2.00 billion. Warrants turnover dwindled to 706.23 million units worth RM98.53 million from 898.22 million units valued at RM114.39 million yesterday. The ACE Market volume declined to 249.20 million shares, valued at RM105.00 million, compared with 361.18 million shares worth RM153.86 million previously. Consumer products and services counters accounted for 123.80 million shares traded on the Main Market, industrial products and services (164.82 million), construction (86.55 million), technology (154.08 million), SPAC (nil), financial services (54.91 million), property (133.50 million), plantation (8.96 million), REITs (14.57 million), closed-end funds (4,000), energy (79.64 million), healthcare (48.05 million), telecommunications and media (39.11 million), transportation and logistics (17.48 million), utilities (38.55 million), and business trusts (1,000). - Bernama