KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.20 points 1,708.74, compared with Tuesday’s close of 1,700.54. The benchmark index opened 0.42 of a point better at 1,700.96 and fluctuated between 1,695.89 and 1,709.71 throughout the day. On the broader market, losers trounced gainers 746 to 424, while 554 counters were unchanged, 1,048 untraded and 17 suspended. Turnover declined to 4.20 billion units valued at RM3.52 billion from 5.52 billion units valued at RM4.42 billion on Tuesday.
Quick Summary French wine and spirits exports fell for a second straight year , hit by weak global demand , trade wars , and policy headwinds from the US and China . What Happened Exports dropped 8% to €14.3 billion in 2025 Down from €15.6 billion in 2024 Export volumes fell ~3% , signalling both price and demand pressure According to France’s wine and spirits exporters federation (FEVS), the downturn reflects geopolitical tensions, trade conflicts, currency swings, and declining consumer confidence . Where the Pain Is Coming From Exports to China: -20% , after Beijing imposed anti-dumping measures on EU brandy Exports to the US: -21% , following tariffs imposed under the Trump administration Key issue: Two of France’s biggest buyers are simultaneously pulling back. Structural Challenges Add Pressure France’s wine industry is also grappling with: Weak global alcohol consumption trends Extreme weather affecti...