Fri, 24 May 2019, 4:25 AM
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Topic: China

Lowyat.NET:
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Given the sheer amount of Android devices that the company has sold throughout the world, losing the access to the Android ecosystem certainly has a massive impact on Huawei.
The Edge Markets:
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KUALA LUMPUR (May 23): Malaysian palm oil futures fell 2% at the close of trade on Thursday, hitting their lowest level in a week as they tracked weakness in related edible oils.
Malaysiakini:
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China's Ministry of Foreign Affairs on Thursday called for a fair, just, stable and predictable business environment for Chinese companies.
The Edge Markets:
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PUTRAJAYA (May 23): The owner of English Champions Manchester City is considering the possibility of buying one of the football clubs in Malaysia, said Youth and Sports Minister Syed Saddiq Syed Abdul...
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U.S. US$16 bil farm aid program to help expand markets — USDA's Perdue Source: Reuters WASHINGTON (May 23): U.S. President Donald Trump's US$16 billion aid program will help American farmers hurt by...
Malay Mail:
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NEW YORK, May 23 — Wall Street plunged at the open of trading today as investors shuddered at worldwide political, economic and trade turmoil.
Malay Mail:
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WASHINGTON, May 23 — The IMF warned today that the escalating US-China trade war will “jeopardise” 2019 global growth, undermining confidence and raising prices for consumers.
The Edge Markets:
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KUALA LUMPUR (May 23): Boustead Heavy Industries Corp Bhd is in the red for the second consecutive quarter, posting a net loss of RM4.3 million for the first quarter ended March 31 (1QFY19) mainly due...
Malay Mail:
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LONDON, May 23 — ARM technology is used in more than 130 billion chips worldwide and is ubiquitous in mobile devices, so losing access to the British company would be like losing a limb for China’...
The Star:
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China's Tencent Holdings Ltd is working with its US unit Riot Games to develop a mobile version of "League Of Legends", the world's most popular desktop-based game, three sources with knowledge of the matter told Reuters.
The Edge Markets:
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KUALA LUMPUR (May 23): Lower revenue, changes in product mix, and higher depreciation costs weighed on the net profit of Inari Amertron Bhd in the third quarter ended March 31, pulling it down 31% yea...
Malay Mail:
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KUALA LUMPUR, May 23 — Allianz Malaysia Bhd has recorded a net profit of RM98.92 million in the first quarter ended March 31, 2019 (Q1) compared with RM87.23 million in the same quarter last year.
The Star:
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KUALA LUMPUR: Semiconductor company Inari Amertron Bhd's net profit fell by 30.7% to RM38.18mil in the third quarter ended March 31, 2019 mainly due to lower revenue, changes in product mix and higher depreciation cost.
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KUALA LUMPUR (May 23): Genting Plantations Bhd’s net profit for the first quarter ended March 31, 2019 (1QFY19) fell 58.72% to RM41.68 million, from RM100.98 million a year earlier, dragged by lower...
Malay Mail:
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KUALA LUMPUR, May 23 — The ringgit closed lower against the US dollar today in line with weaker regional currencies, amid persistent uncertainties surrounding the US-China trade conflict, as well ...
Malay Mail:
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KUALA LUMPUR, May 23 — Boustead Plantations Bhd swung into the red with a net loss of RM16.20 million in the first quarter ended March 31, 2019 (Q1 2019), dragged down by lower palm product prices ...
Malay Mail:
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BERLIN, May 23 — Confidence among German business leaders was ground down to its lowest level in more than four years in May, a closely-watched survey showed today, dampening the mood after tentativ...
The Star:
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KUALA LUMPUR: KNM Group Bhd made a net profit of RM18.4mil in the first quarter, boosted by contributions from businesses in Europe.
The Edge Markets:
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KUALA LUMPUR (May 23): In line with major regional indexes, the FBM KLCI declined today, falling 1.87 points to close at 1,601.87 points.
Malay Mail:
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BEIJING, May 23 — China berated the United States for “bullying” Huawei today as Panasonic joined a parade of foreign companies reviewing their ties with the telecom giant after a US ban linked ...
Malay Mail:
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SHAH ALAM, May 23 — UMW Holdings Bhd has allocated RM607 million in capital expenditure (capex) for the current financial year.
The Star:
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KUALA LUMPUR: Blue chips closed lower on Thursday amid a weakening broader market, tracking the key Asian and European bourses as worries about the costs of the rising US-China trade war weighed on investor sentiment.
The Edge Markets:
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KUALA LUMPUR (May 23): Fresh from proposing the acquisition of mould fabrication firm Toyoplas Manufacturing (M) Sdn Bhd for RM311.25 million, Kumpulan Perangsang Selangor Bhd’s (KPS) said today tha...
Malay Mail:
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LONDON, May 23 — European shares sank today as the latest round of US-China trade friction and a soft set of business surveys sapped investors’ risk appetite, while British Prime Minister Theresa ...
The Star:
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TAIPEI: May is proving painful for emerging-market investors as three of their tech favorites have taken a beating due to the China-U.S. impasse.
The Star:
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HONG KONG: The record pace of foreign selling in China’s equities matters now more than ever.
The Star:
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SINGAPORE: Bond investors are keeping their faith in Asia, a region they view as being relatively stable even as an escalation in the trade war threatens to dent global growth.
Malay Mail:
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KUALA LUMPUR, May 23 — The High Court in Melaka today approved Sime Darby Plantation Berhad’s (SDP) bid to sue a purported foreign-controlled company’s alleged bid to take over its land at below...
Malay Mail:
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KUALA LUMPUR, May 23 — Former Sabah chief minister Tan Sri Musa Aman today maintained his plea of not guilty on 35 counts of corruption related to timber concessions in Sabah and 16 counts of money ...
Tech in Asia:
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Hikvision’s presence loomed large at a security exposition last month in Hangzhou, taking up the entire upper floor of the convention center.
The Edge Markets:
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IT may not be that Malaysia is blowing its own trumpet when we say the country has all it needs to be an aviation hub.
Malay Mail:
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LONDON, May 23 ― Shaky investor sentiment after China warned of difficult times ahead due to its trade dispute with the United States led Britain's FTSE 100 into the red, while mounting Brexit worri...
Malay Mail:
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KUALA LUMPUR, May 23 — Malaysian Huawei owners should hold on to their devices despite the recent news that Google has cut off its Android services with the China-based company, said tech experts.
The Edge Markets:
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KLANG (May 23): Rubber glove manufacturer Kossan Rubber Industries Bhd expects to see limited impact from the current US-China trade war, said group managing director and chief executive officer Tan S...
The Edge Markets:
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KUALA LUMPUR (May 23): The FBM KLCI settled down 0.05 point at 1,603.69 at Bursa Malaysia's afternoon break today on bargain hunting after plunging below 1,600 amid fresh US-China trade war concerns.
The Star:
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KUALA LUMPUR: The FBM KLCI fell below its 1,600-point support in early trade before retracing its losses as the morning progressed.
CarSifu:
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The new boss at Daimler AG is now the younger Kaellenius, seen here with Zetsche, at the handpver in Berlin on Wednesday.
Carlist.my:
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Daimler Mobility Services and Geely Group Company, Geely Holding Group’s new business entity, have announced that they will form a premium ride-hailing joint venture in China.
The Star:
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DURING a question-and-answer session with Universiti Sains Malaysia students, Education Minister Dr Maszlee Malik was reported to have said that the quota system for the matriculation programme is nec...
The Edge Markets:
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Countries do not have perpetual friends or perpetual enemies — only perpetual interests.
The Edge Markets:
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KUALA LUMPUR (May 23): The FBM KLCI remains under the 1,600-point level after US shares fell overnight on Wednesday amid renewed US-China trade war concerns.
Malay Mail:
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KUALA LUMPUR, May 23 ― Bursa Malaysia remained lower at mid-morning today on weak follow-through buying momentum and a cautious regional tone, dealers said.
Free Malaysia Today:
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KUALA LUMPUR: The ringgit slipped further against the US dollar at the opening today as the greenback remained firm amid persistent uncertainties surrounding the US-China trade conflict.
Malay Mail:
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TOKYO, May 23 ― The yen advanced against its peers today as persistent US-China trade fears and Brexit concerns fanned risk aversion, lifting the safe-haven Japanese currency.
The Star:
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KUALA LUMPUR: The ringgit slipped further against the US dollar at the opening on Thursday as the greenback remained firm amid persistent uncertainties surrounding the US-Sino trade conflict.
Malaysiakini:
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Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers.
Malay Mail:
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ALMATY (Kazakhstan), May 23 — The 16th Eurasian Media Forum which began here yesterday is set to discuss various economic trends, particularly in the Central Asia region.
The Edge Markets:
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KUALA LUMPUR (May 23): Ringgit falls toward the psychological 4.20 mark versus the dollar as simmering U.S.-China tensions continue to erode demand for risk assets.
The Edge Markets:
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KUALA LUMPUR (May 23): The FBM KLCI opened down today before extending losses after US shares fell overnight on Wednesday amid renewed US-China trade war concerns.
Malay Mail:
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KUALA LUMPUR, May 23 ― The ringgit slipped further against the US dollar at the opening today as the greenback remained firm amid persistent uncertainties surrounding the US-Sino trade conflict.
Malay Mail:
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LONDON, May 23 ― European shares edged lower yesterday on unease over developments in the US-China trade war and Britain's uncertain departure from the European Union.
The Star:
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KUALA LUMPUR: Bursa Malaysia got off to a weak start on Thursday with the FBM KLCI falling more than 0.8% as Petronas-linked stocks and Pubic Bank lost ground.
The Star:
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TOKYO: Japanese Prime Minister Shinzo Abe will treat US President Donald Trump to an imperial banquet, front row seats at a sumo tournament and a trip to the country’s biggest warship on a state visit as Tokyo seeks to avoid a bust-up over trade.
Malaysiakini:
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ADUN SPEAKS | Speaking to Universiti Sains Malaysia students during a question-and-answer session, Education Minister Maszlee Malik said that the quota system for the matriculation programme is necess...
The Edge Markets:
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KUALA LUMPUR: It looked like the start of semiconductor manufacturers’ nightmare when US President Donald Trump fired another salvo in the escalating US-China trade war by blacklisting China’s mob...
Malay Mail:
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WASHINGTON, May 23 ― The United States is at least a month from enacting its proposed tariffs on US$300 billion (RM1.25 trillion) in Chinese imports as it studies the impact on American consumers, U...
The Star:
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KUALA LUMPUR: Stocks to watch for on Thursday include Sunway, Perdana Petroleum, UMW, DNex, IOI, Pos Malaysial, Velesto, Barakah, Seacera and Multi Sports.
The Star:
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KUALA LUMPUR: Sunway Bhd’s 1Q19 core net profit was broadly in line at 23% of CIMB Equities Research and consensus full-year estimates.
Free Malaysia Today:
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KUCHING: The Sarawak Islamic Religious Department (Jais) will conduct laboratory tests on the popular China-made candy “White Rabbit”, following a claim by authorities in neighbouring Brunei that ...
The Star:
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PASIR MAS: Police have new leads on the whereabouts of Low Taek Jho, better known as Jho Low, Inspector-General of Police Datuk Seri Abdul Hamid Bador said.
The Star:
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Comment by Wong Chun Wai NO one thought that China would one day become a super power.
The Star:
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SEVERAL diners in Yunnan, China, learned the hard way not to retrieve the lighter which fell into a steamboat pot after it exploded and scalded them with hot soup, reported China Press.
The Star:
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PETALING JAYA: The cooperation between China and Asean has become more important than ever in view of the country’s escalating trade war with the United States, said Malaysia’s special envoy to China, Tan Kok Wai.
Malay Mail:
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SINGAPORE, May 23 — Bathrooms of future homes in Singapore could be built more quickly, thanks to 3D printing.
Malay Mail:
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TOKYO, May 23 — An overwhelming majority of Japanese firms have no plans to use 5G mobile networks by China’s Huawei or other foreign firms, preferring instead to rely on domestic telecom carriers...
Malay Mail:
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NEW YORK, May 23 ― Global equity markets slid yesterday as investors sought safety in bonds, the Japanese yen and Swiss franc amid renewed worries over the US-China trade standoff after reports the ...
Malay Mail:
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WASHINGTON, May 23 ― Risks to the US economic outlook, including trade uncertainty and Brexit, have receded but are still present, the US Federal Reserve said yesterday.
Malay Mail:
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NEW YORK, May 22 ― Wall Street's major indexes dipped yesterday as inflamed trade tensions between the United States and China weighed on investor sentiment.
The Star:
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WASHINGTON: Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers.
The Star:
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NEW YORK: Oil prices fell about 2% on Wednesday as an unexpected build in U.S. crude inventories compounded investor worries that a trade fight between Washington and Beijing could dent crude demand over the long haul.
The Star:
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NEW YORK: Wall Street's major indexes dipped on Wednesday as inflamed trade tensions between the United States and China weighed on investor sentiment.
The Star:
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SINGAPORE: Short Australia’s risk-sensitive currency against the haven yen.
The Star:
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PETALING JAYA: With all the uncertainties looming over markets globally, fund managers believe there is value emerging in certain sectors locally, such as banking, manufacturing and consumer.
The Star:
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BEIJING: About a fifth of US companies in China are considering moving some or all of their production out of the country to deal with the trade tensions, and a third are delaying or cancelling investment decisions, according to a survey of 239 American firms in the market.
SoyaCincau.com:
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EE — Britain’s largest mobile operator — is getting ready to launch the country’s first 5G service next week, but it will not offer Huawei smartphones until the Chinese company’s future beco...
Digital News Asia:
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IT KILLS more people than cancer globally and in Malaysia.
Malay Mail:
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KUALA LUMPUR, May 22 ― On Sunday, the technology world was shocked with news that Huawei was denied access to some of Google’s services including receiving updates for Android, access to Google ...
Malay Mail:
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NEW YORK, May 22 — Wall Street stocks dipped early today amid lingering unease over the US-China trade conflict and as chip maker Qualcomm took a beating after a court ruled it violated antitrust la...
theSun:
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KUCHING: The Ministry of Domestic Trade and Consumer Affairs has listed 18 items under the Festive Season Price Control Scheme (FSPCS) in conjunction with Aidilfitri and 14 items for Gawai Dayak which...
Malay Mail:
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LONDON, May 22 — British-based chip designer ARM said today it was complying with a move by the United States to block China’s Huawei from accessing US technology.
Malay Mail:
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WASHINGTON, May 22 — Chipmaker Qualcomm saw its shares sink more than 12 per cent in premarket trading Wednesday after a US federal judge ruled that the company violated antitrust laws.
Malay Mail:
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KUCHING, May 22 — The Ministry of Domestic Trade and Consumer Affairs has listed 18 items under the Festive Season Price Control Scheme (FSPCS) in conjunction with Aidilfitri and 14 items for Gawai ...
SoyaCincau.com:
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On Sunday, the technology world was shocked with news that Huawei was denied access to some of Google’s services including receiving updates for Android, access to Google apps and the Google Play St...
Digital News Asia:
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TENCENT on May 21 announced a shift in strategic direction from being a company that mainly serves the consumer internet to one that also embraces the industrial internet.
Malay Mail:
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BEIJING, May 22 — The US has hit China where it hurts by going after its telecom champion Huawei, but Beijing’s control of the global supply of rare earths used in smartphones and electric cars gi...
Malaysiakini:
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China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the country faces increased...
Malay Mail:
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HONG KONG, May 22 — The pound sank to fresh four-month lows today after British MPs slammed Theresa May’s latest plan to pass her Brexit plan, increasing the chances of a no-deal divorce, while A...
theSun:
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PASIR MAS: Police have obtained new leads on the whereabouts of Low Taek Jho, better known as Jho Low, Inspector-General of Police Datuk Seri Abdul Hamid Bador revealed today.
The Star:
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TAIPEI: Taiwan’s currency has gone from the dullest to the worst in Asia amid an outflow of overseas cash as the trade war undermines the outlook for the island’s dominant tech sector.
The Star:
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SEOUL: South Korean authorities will hold a meeting to discuss what it terms distortions in the currency market, taking its firmest step yet to address the won’s decline this month.
Malaysiakini:
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The risk of nuclear weapons being used is at its highest since World War Two, a senior UN security expert said on Tuesday, calling it an “urgent” issue that the world should take more seriously.
EdgeProp.my:
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PASIR MAS (May 22): Police have obtained new leads on the whereabouts of Low Taek Jho (pictured), better known as Jho Low, Inspector-General of Police Datuk Seri Abdul Hamid Bador revealed today.
Tech in Asia:
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This article is co-written by Meng Jing and Zen Soo.
Tech in Asia:
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The US administration is ratcheting up pressure on China’s technology champions amid reports that it is also considering restrictions on the ability of video surveillance group Hikvision to buy Amer...
Tech in Asia:
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China’s peer-to-peer (P2P) lending industry, which has shrunk dramatically under a government crackdown, should get a welcome boost from the development of the Greater Bay Area, according to DBS Ban...
Malay Mail:
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SHANGHAI, May 22 — The world’s biggest video game tournament, Dota 2 competition The International, is to start selling tickets for 2019’s August 20-25 event in Shanghai, China on May 24.
The Edge Markets:
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The Edge Markets:
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PASIR MAS (May 22): Police have obtained new leads on the whereabouts of Low Taek Jho, better known as Jho Low, Inspector-General of Police (IGP) Datuk Seri Abdul Hamid Bador revealed today.
The Edge Markets:
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SEOUL (May 22): Malaysia will expand its halal services to 10 new countries through China’s US$1 trillion investment -- One Belt, One Road (OBOR) initiative, says Halal Industry Development Corporat...
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SEOUL: Malaysia will expand its halal services to 10 new countries through China’s US$1 trillion investment -- One Belt, One Road (OBOR) initiative, says Halal Industry Development Corporation (HDC).