On Wednesday, shares of Malaysian technology firms soared to a 15-month peak, buoyed by the announcement of the US intention to impose a twofold increase in tariffs on Chinese semiconductors. Propelled by these developments, the Bursa Malaysia Technology Index, encompassing 48 sector-specific stocks, ascended by 1.2%, reaching its zenith since February 3, 2023.
Amidst an election year, U.S. President Joe Biden ...