
US softens tariff on Malaysia, boosting FBM KLCI
KUALA LUMPUR: Investors welcomed the reduction in US tariffs on Malaysian exports, with sentiment turning positive in early trade after the rate was lowered to 19% from the previous 25%. The FBM KLCI rose 8.97 points, or 0.59%, to 1,522.22 at 9.09 am, …