Malaysia’s EPF subsidiaries face major losses, Trump announces new tariffs, and Asian high-yield bonds make a strong comeback

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Welcome to your daily news briefing, bringing you the latest updates from Malaysia, the international scene, and Asia.

🔹 Malaysia: The Employees Provident Fund (EPF) reports a financial strain as subsidiaries face over RM224 million in losses, impacting the nation’s largest retirement fund.
🔹 International: US President Donald Trump announces new tariffs on Mexico, Canada, and China, raising concerns over global trade stability and economic impact.
🔹 Asia: Asian high-yield bonds are making a strong comeback, delivering a 15% return after years of market underperformance, reflecting renewed investor confidence.

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