Malaysia’s Ringgit Rallies, Trump Targets AI Rules, Asia Markets Soar on Trade Talks

A dynamic afternoon across global markets, tech, and currency headlines.

Malaysia News
The ringgit strengthened to 4.2205 vs. the US dollar after the Fed held rates steady. Market watchers now await Bank Negara’s rate decision, with speculation of a preemptive cut to support economic growth.

International News
The Trump administration plans to overhaul Biden’s AI chip export restrictions, aiming to streamline regulations and cement US leadership in artificial intelligence innovation.

Asia News
Asian equities surged on news that China and the US will meet this weekend in Switzerland for high-stakes trade talks. Investors hope for signs of de-escalation as Beijing rolls out new monetary stimulus to revitalize its economy.

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