Latest news with #Imports
Wall Street Journal
4 days ago
- Business
- Wall Street Journal
Gold Tariffs: Why Are They a Problem? How Could the Market React?
Gold Tariffs: Why Are They a Problem? How Could the Market React? The U.S. has unexpectedly slapped tariffs on imports of some gold bars, according to the Financial Times, roiling the market for the precious metal. Why is this disruptive?
Wall Street Journal
4 days ago
- Business
- Wall Street Journal
Stock Market Today: Dow Futures Inch Up, While Gold Prices Rally —Live Updates
Stock futures edged higher at the end of a week filled with tariff and geopolitical updates, plus a bevy of earnings. Bullion futures rallied after the Financial Times reported that the U.S. had imposed levies on imports of one-kilo gold bars.
Malay Mail
07-05-2025
- Business
- Malay Mail
Kashmir conflict may hit rice imports, Malaysia warns amid India-Pakistan tensions
KUALA LUMPUR, May 7 — Malaysia warned Wednesday that tensions between India and Pakistan could potentially disrupt rice imports to the heavily dependent South-east Asian nation, prompting it to look elsewhere for supplies. Tensions between the nuclear-armed neighbours have escalated with India launching strikes on Pakistan following last month's deadly attack on tourists in the Indian-administered side of the contested Kashmir region. Malaysian Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said nearly 40 per cent of the country's imported rice came from India and Pakistan. 'Their political and economic stability is crucial for food security in Malaysia,' Mohamad told local daily New Straits Times. 'If a war or tensions occur that affect port operations or delivery infrastructure, rice imports to our country could be disrupted,' he said. India supplied white rice, while basmati rice came from Pakistan — both staples for most of Malaysia's 34 million residents. 'If the situation in that region escalates, it will certainly have a direct impact on us, particularly in terms of prices and supply continuity,' Mohamad told the paper. Currently Malaysian rice supplies were stable, but the Putrajaya-based government was boosting ties with other rice suppliers in the region including Vietnam, Thailand and Cambodia. India and Pakistan exchanged heavy artillery fire along their contested frontier in Kashmir on Wednesday after New Delhi launched missile strikes on its arch-rival, with deaths subsequently reported on both sides. New Delhi accused Pakistan of backing the deadliest attack in years on civilians in Indian-administered Kashmir on April 22, in which 26 men were killed. Islamabad rejected the charge. — AFP
