Asean News Headlines at 10pm on Monday (July 7, 2025)
* Anwar leads efforts to strengthen strategic investments, global economic cooperation
* Malaysia reaffirms independent trade policy amid Trump's tariff threat
* Malaysia fully supports an Asean Power Grid, says PM Anwar
* MACC seeks to forfeit over RM169mil in cash belonging to Ismail Sabri
* SRC International meant for the people, but it was Najib who benefitted, court hears
* KL all geared up to host Asean Foreign Ministers' Meeting
* Four-nation exercise to boost regional nuclear security
* Johor set to thrive under new state secretary's leadership, says MB
* Housewife charged over offensive FB comments against King
* Rafizi calls for parliamentary committee over judiciary crisis
* Sarawak to increase state seats from 82 to 99
* S'gor Opposition snubs gas blast briefing, demands transparency
* Malaysia's digital investments soar 125% to RM29.49bil in 2Q25
* Govt committed to strengthening aerospace ecosystem, says PM Anwar
* Anwar and Modi discuss IIT campus in M'sia, investment in future-focused sectors
* Firm action against Selangor mosque administrators defying preaching rules, says exco
* Malaysia set to launch AI guidelines for media, PR, digital content creation, says Fahmi
KUALA LUMPUR, Monday, July 7:Singaporean Ministry of Foreign Affairs Permanent Secretary, Albert Chua, attends the ASEAN Senior Official's Meeting, today held in conjunction with the 58th Asean Foreign Ministers' Meeting (AMM) and related meetings from July 8 to 11. - Photo: Bernama
Singapore:
* Paternity leave take-up in Singapore rose to 56% in 2023; experts hope for further boost after extension
* Singapore's longest-serving mufti Syed Isa Mohamed passes away on Monday (July 7) at the age of 87
* Singapore sees fewer marriages, later unions in 2024
* S$1.46bil nickel scam: Ng Yu Zhi opts to remain silent after judge calls for his defence
* Singaporean man gets four months' jail for teaching doctrine contrary to Islamic laws
* Malaysian-born actor Christopher Lee wins big at Singapore's Star Awards
* Dollar drifts near multi-year lows as investors brace for Trump tariff deadline
* Asian markets drop as Trump's tariff deadline looms / Asia stocks slip amid US tariff confusion, oil skids
Indonesia:
* Bali on major alert as Indonesia's weather agency warns of giant six-metre waves off the island
* Indonesian National Park introduces tracking bracelets for hiker safety; new measures after recent tragedy
* Indonesia's BRICS membership marks key initiative in Prabowo's first year as president
* Indonesia's top negotiator to visit US ahead of tariff deadline: Official
* Mount Lewotobi Laki-Laki spews 18-kilometre ash tower: Agency
* Climbing should never kill, Brazilians unhappy after hiker's death in Indonesia
* Oil falls as OPEC+ hikes August output more than expected
Activists of Writing Thailand's Cannabis Future attend a protest at the Ministry of Public Health to call for a responsible and well-regulated approach to cannabis and the urgent passage of an act, as Thailand moves to recriminalise marijuana as a narcotic, in Nonthaburi province, Thailand, on Monday, July 7, 2025. -- Photo: REUTERS/Chalinee Thirasupa
Thailand:
* Escalating tension: Cambodia says Thailand attempts to 'tarnish' it with hacking claims
* Thailand submits new trade proposal offering zero tariffs on many US goods
* Thailand backtracks on legalising casino plans as political turmoil deepens
* Building under construction collapses in Bangkok, injuring 13 workers
* Chinese tourist numbers to Thailand plummet 34%, industry awaits recovery
* Thailand to offer US more trade concessions to avert 36% tariff
Philippines:
* Trump sets Aug 1 start for tariffs ahead of Wednesday (July 9) deadline
* Japan to export used destroyers to Philippines to strengthen presence in South China Sea, Yomiuri reports
* Philippines' Marcos open to limiting, taxing online gambling
* Taal Volcano may erupt anytime, warns institute
* Filipino star Fifth Solomon declares 'I deserve to live' after hospitalisation due to online bullying
SEPANG, July 7: Philippines Secretary of Foreign Affairs Ma. Theresa P. Lazaro (left) arrives at the Kuala Lumpur International Airport (KLIA) for the 58th AseanForeign Ministers' Meeting (AMM) and related meetings, which will kick off on Tuesday in Kuala Lumpur. -- Photo: Bernama
Vietnam:
* BRICS in wait-and-see mode after Trump threatens extra tariffs
* Fighting pollution: Vietnam prepares to implement new emission standards for motorcycles
* All hospitals in Vietnam required to implement e-prescriptions by Oct 1
* Vietnam apartment block fire kills eight
* Robust exports buoy second-quarter growth - Recent US trade deal brightens outlook for economy in Vietnam
Myanmar:
* Thousands fleeing the country as Myanmar armed clashes continue to rage on
* Thousands of refugees flee into India's Mizoram state after clashes in Myanmar
* 28 killed, 219 injured in Myanmar's Yangon-Mandalay highway accidents in H1
* How Xiaomi succeeded where Apple failed
SEPANG, July 7:Vietnamese Deputy Prime Minister and Foreign Affairs Minister, Bui Thanh Son (left), and his spouse, Vu Thi Bich Ngoc, arrive at the Kuala Lumpur International Airport (KLIA) Terminal 1 today ahead of the 58th Asean Foreign Ministers' Meeting (AMM) and related meetings at the Kuala Lumpur Convention Centre (KLCC) from July 8 to 11. - Photo: Bernama
Cambodia:
* UNDP-Cambodia and Asean mine action centre renew partnership to accelerate knowledge sharing, collaboration
* Cambodia dismisses Thai hacking allegations, cites own cyberattacks
* Work on bridge across Mekong River in Cambodia's Kratie province nears completion
* UN council votes to keep researching abuses for LGBT people despite US U-turn
Laos:
* Laos to release over 65 million fish fingerlings in 2025 to support biodiversity
* Lao PM urges Attapeu to scrutinise investment projects, strive for economic self-reliance
* Visa's 24/7 war room takes on global cybercriminals
Brunei:
* Brunei inaugurates South-East Asia's first net-zero shrimp aquaculture and AI integration hub
* Brunei blowpipe team hits target at Sibu competition
* Increase sin and sugar taxes to fund health systems, WHO calls
Philippine Leroy-Beaulieu arrives to attend the Schiaparelli Haute Couture Fall/Winter 2025-2026 collection show in Paris, France, Monday, July 7, 2025. -- Photo: REUTERS/Abdul Saboor
AseanPlus:
* Rock band My Chemical Romance to perform in KL in April 2026 / Band will also perform in Singapore
* Malaysia-based idol group KLP48 to celebrate 1st anniversary with concert in KL
* Renowned forensic pathologist Dr Philip Beh passes away in Hong Kong
* Malaysian trio makes mark at World Rubik's Championship in Seattle
* TVB actor Joel Chan visits Malaysia with family, celebrates son's birthday in KL
* Malaysian rapper Kmy Kmo and versatile singer Halim revs up for their new single with a social message: 'Layar Boneka'
* Heatwave grips South Korea as monsoon ends early
* China says BRICS not seeking 'confrontation' after Trump tariff threat
* Economist: China, US may reach balanced trade deal
* Trump says nations aligning with BRICS' 'anti-American policies' will face additional 10% tariff
* Factbox-Big tech rules, agriculture among issues in US trade talks with South Korea
* From Karachi to Gaza: Pakistani startup ships prosthetics to child war survivors
* The coder 'village' at the heart of China's AI frenzy
* Dozens leave Japan islands after nearly 1,600 quakes
* Students shelter in libraries as heatwave hits eastern China
* Hong Kong fans queue for opening of Cristiano Ronaldo exhibition
* Japanese firms take steps to protect outdoor workers as heatwave sizzles on
* What you need to know about the Saja Boys, S.Korea's grim reapers in K-pop form
* Australian Erin Patterson convicted of mushroom murders
* Key facts in Australia's mushroom murder trial
* Support for Japan PM Ishiba slides further as key election approaches
* China widens crackdown on illicit Botox training courses
* South Korea's balloon crackdown hits anti-North Korea activists
* How 'K-pop Demon Hunters' made Saja Boys' soul-stealing 'Your Idol' performance
* Australia wants to bar children from social media. Can it succeed?
* Singer Jay Chou shares photos with 'Initial D' co-star Edison Chen
* India court rejects Turkey-based Celebi's airport security clearance, lawyer sources say
* Regulatory curbs hurt mainland China IPOs, ceding first-half crown to Hong Kong
* Barbie Hsu's family reportedly needs ex Wang Xiaofei's wife's permission to see children
* Schools with shrinking numbers must fix their problems: Hong Kong education chief
* Seoul court to hold arrest warrant hearing for ex-president Yoon on July 9
* Mushroom murderer Erin Patterson's decision to testify fails to convince jury
* Australian police officer who fatally shot Indigenous teenager was racist, coroner finds
* Australia's Victoria to start anti-hate task force after Melbourne synagogue arson
* Huawei's AI lab denies that one of its Pangu models copied Alibaba's Qwen
* 'He is our new hero': India cricket captain Gill hailed back home after brilliant Test win over England at famed Edgbaston
* Motor racing - Norris revels in emotional first home win
* Tennis - Alcaraz resists red-hot Rublev to reach Wimbledon quarter-finals / Sabalenka stands tall, Norrie survives to reach Wimbledon quarter-finals
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
32 minutes ago
- New Straits Times
Stocks sell off, dollar gains as Trump plans 25pct tariffs on Japan, South Korea
NEW YORK: Major stock indexes declined while the dollar strengthened on Monday as USPresident Donald Trump unveiled sharply higher UStariffs on goods from Japan, South Korea and other countries in the latest development in the UStrade war. Longer-dated USTreasury yields rose. Trump on Monday began telling trade partners including Japan and South Korea that the higher UStariffs will start August 1. Trump in April capped all of the so-called reciprocal tariffs with trading partners at 10 per cent until July 9 to allow for negotiations. Only two agreements, with Britain and Vietnam, have been reached. "Trade, inflation and earnings are going to be the next three catalysts that will drive the market higher or lower, depending on how they unfold," said Adam Sarhan, chief executive of 50 Park Investments in New York. "But markets like certainty, and today's news increases the level of uncertainty, hence the selloff," he said. Tariffs are expected to increase prices and to slow down growth, though uncertainty over the ultimate policies may be a bigger drag as it leads businesses to postpone decisions. S&P 500 companies next week are expected to begin reporting results on the second quarter. The Dow Jones Industrial Average fell 422.17 points, or 0.94 per cent, to 44,406.36, the S&P 500 fell 49.37 points, or 0.79 per cent, to 6,229.98 and the Nasdaq Composite fell 188.59 points, or 0.91 per cent, to 20,412.52. U.S.-listed shares of Japanese automotive companies fell, with Toyota Motor down 4 per cent and Honda Motor off by 3.9 per cent. Also, electric vehicle maker Tesla shares fell 6.8 per cent after CEO Elon Musk announced the formation of a USpolitical party named the "American Party." MSCI's gauge of stocks across the globe fell 5.80 points, or 0.63 per cent, to 919.93. The pan-European STOXX 600 index closed up 0.44 per cent. The yield on benchmark US10-year notes was last up 5.7 basis points on the day at 4.397 per cent. The interest rate sensitive two-year yield rose 1.9 basis points to 3.901 per cent. The dollar's rise was most notable against the yen. It was up 1.09 per cent at 146.130. The euro slipped 0.57 per cent to US$1.172 having rallied over 13 per cent so far this year. The dollar index, which measures the currency against six major counterparts, rose 0.517 per cent to 97.467, reaching a one-week high. Minutes of the last Federal Reserve meeting are also due this week. Investors are weighing how many times the Fed is likely to cut interest rates this year after jobs data for June on Thursday showed that employers added more jobs than economists had forecast. Oil prices rose as signs of strong demand offset the impact of a higher-than-expected OPEC+ output hike for August and concerns about possible tariff impacts. Brent crude futures rose US$1.28, or 1.9 per cent, to settle at US$69.58. USWest Texas Intermediate crude gained 93 cents or 1.4 per cent, to settle at US$67.93.
Borneo Post
33 minutes ago
- Borneo Post
US raises tariff on Malaysian goods to 25 pct, effective Aug 1
In a letter to Anwar posted on Truth Social account on Monday, Trump says 'the 25 per cent number is far less than what is needed to eliminate the trade deficit disparity we have with your country'. – AFP photo KUALA LUMPUR (July 8): The United States has imposed a higher tariff of 25 per cent on any and all Malaysian products sent into the country, separate from all sectoral tariffs, effective Aug 1, this year. This is one percentage point higher compared to what had been announced in April. In a letter to Prime Minister Datuk Seri Anwar Ibrahim posted on Truth Social account on Monday, US President Donald Trump said 'the 25 per cent number is far less than what is needed to eliminate the trade deficit disparity we have with your country'. However, the letter also said that there would be no tariff if Malaysia, or Malaysian companies, decide to build or manufacture products within the United States and that Washington 'will do everything possible to get approvals quickly, professionally, and routinely – in other words, in a matter of weeks'. Trump also said that if Malaysia decided to raise tariffs, the number that the country imposed will be added onto the 25 per cent that US is charging. Malaysia has been negotiating the US tariff with Washington since April, with the aim to lessen the 24 per cent tariff imposed earlier, with the latest talks held on June 18 this year. This announcement came ahead of the US Secretary of State Marco Rubio's first trip to Kuala Lumpur for the Asean-US post ministerial conference and other meetings of the 58th Asean Foreign Ministers Meeting and related meetings starting today. donald trump lead malaysia Marco Rubio US tariff
Free Malaysia Today
38 minutes ago
- Free Malaysia Today
Lula tells Trump world doesn't need an ‘emperor' after BRICS tariff threat
Brazilian President Luiz Inacio Lula da Silva speaks during a press conference at the 17th annual BRICS summit in Rio de Janeiro. (AP pic) RIO DE JANEIRO : Developing nations at the BRICS summit on Monday brushed away an accusation from President Donald Trump that they are 'anti-American,' with Brazil's president saying the world does not need an emperor after the US leader threatened extra tariffs on the bloc. Trump's threat on Sunday night came as the US government prepared to finalise dozens of trade deals with a range of countries before his July 9 deadline for the imposition of significant 'retaliatory tariffs.' The Trump administration does not intend to immediately impose an additional 10% tariff against BRICS nations, as threatened, but will proceed if individual countries take policies his administration deems 'anti-American,' according to a source familiar with the matter. At the end of the BRICS summit in Rio de Janeiro, Lula was defiant when asked by journalists about Trump's tariff threat: 'The world has changed. We don't want an emperor.' 'This is a set of countries that wants to find another way of organising the world from the economic perspective,' he said of the bloc. 'I think that's why the BRICS are making people uncomfortable.' In February, Trump warned the BRICS would face '100% tariffs' if they tried to undermine the role of the US dollar in global trade. Brazil's BRICS presidency had already backed off efforts to advance a common currency for the group that some members proposed last year. But Lula repeated on Monday his view that global trade needs alternatives to the US dollar. 'The world needs to find a way that our trade relations don't have to pass through the dollar,' Lula told journalists at the end of the BRICS summit in Rio de Janeiro. 'Obviously, we have to be responsible about doing that carefully. Our central banks have to discuss it with central banks from other countries,' he added. 'That's something that happens gradually until it's consolidated.' Other BRICS members also pushed back against Trump's threats more subtly. South African President Cyril Ramaphosa told reporters that the group does not seek to compete with any other power and expressed confidence in reaching a trade deal with the US. 'Tariffs should not be used as a tool for coercion and pressuring,' Mao Ning, the Chinese foreign ministry spokesperson said in Beijing. The BRICS advocates for 'win-win cooperation,' she added, and 'does not target any country.' A Kremlin spokesperson said Russia's cooperation with the BRICS was based on a 'common world view' and 'will never be directed against third countries.' India did not immediately provide an official response to Trump. Many BRICS members and many of the group's partner nations are highly dependent on trade with the US. New member Indonesia's senior economic minister, Airlangga Hartarto, who is in Brazil for the BRICS summit, is scheduled to go to the US on Monday to oversee tariff talks, an official told Reuters. Malaysia, which was attending as a partner country and was slapped with 24% tariffs that were later suspended, said that it maintains independent economic policies and is not focused on ideological alignment. Multilateral diplomacy With forums such as the G7 and G20 groups of major economies hamstrung by divisions and Trump's disruptive 'America First' approach, the BRICS group has presented itself as a haven for multilateral diplomacy amid violent conflicts and trade wars. In a joint statement released on Sunday afternoon, leaders at the summit condemned the recent bombing of member nation Iran and warned that the rise in tariffs threatened global trade, continuing its veiled criticism of Trump's tariff policies. Hours later, Trump warned he would punish countries seeking to join the group. The original BRICS group gathered leaders from Brazil, Russia, India and China at its first summit in 2009. The bloc later added South Africa and last year included Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates as members. Saudi Arabia has held off formally accepting an invitation to full membership, but is participating as a partner country. More than 30 nations have expressed interest in participating in the BRICS, either as full members or partners.
