Latest news with #tradeRisks
Bloomberg
10-07-2025
- Business
- Bloomberg
Malaysia's AI-Led Stock Rally Falters in Face of Trade Risks
An artificial intelligence-led rally that helped Malaysian stocks outperform regional peers last year is fast unraveling, with escalating trade risks seen to further dampen the market's appeal. Concerns are growing over the potential fallout from a US plan to restrict AI chip exports, which may undermine the country's burgeoning data center sector. Sentiment has also soured, with growth prospects clouded after President Donald Trump threatened to impose a higher tariff of 25% on Malaysia. That's weighed on the benchmark index, making it the worst-performing market in Southeast Asia after Thailand.
Bloomberg
04-07-2025
- Business
- Bloomberg
South Korea Passes Expanded Extra Budget Before Tariff Deadline
South Korea's parliament approved a 31.8 trillion won ($23.3 billion) extra budget as new President Lee Jae Myung seeks to revive an economy struggling with weak consumption and mounting trade risks from US tariffs. The figure is up from the 30.5 trillion won initially proposed by the government, with more money allocated for cash coupon handouts, the Finance Ministry said. Of the overall figure, 10.3 trillion won is set aside to cover revenue shortfalls for this year's existing budget, as taxation income fell due to weak corporate performance and subdued consumer spending.
