Wed, 21 Aug 2019, 4:55 AM
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Topic: Congress

The Star:
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Texas Governor Greg Abbott called Aug 19 for the help of big tech platforms in the wake of an El Paso mass shooting that authorities say was carried out by a gunman who posted a racist screed online before killing 22 people at a Walmart.
Malay Mail:
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WASHINGTON, Aug 20 ― The White House is considering cutting taxes or reversing tariffs to head off a recession, US media reported yesterday, despite President Donald Trump's insistence the economy w...
SoyaCincau.com:
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We’re here. The U.S. Commerce Department’s temporary reprieve for Huawei is due to lapse today (August 19).
The Star:
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Amazon has announced its facial recognition program used by one Washington state police agency can now detect emotion, generating concerns from privacy advocates.
Malaysiakini:
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Prime Minister Benjamin Netanyahu on Thursday barred US Democratic congresswomen Rashida Tlaib and Ilhan Omar from making a planned trip to Israel, shortly after US President Donald Trump called on hi...
Malay Mail:
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WASHINGTON, Aug 15 — President Donald Trump said yesterday that China wants to make a trade deal but it should treat Hong Kong “humanely” first, explicitly tying a trade agreement to a peaceful ...
Malaysiakini:
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Brazilian federal prosecutors filed a court injunction on Monday seeking to bar the appointment of right-wing President Jair Bolsonaro’s son Eduardo as ambassador to the United States due to his lac...
Malay Mail:
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WASHINGTON, Aug 11 — It has become a jarring and frequent contradiction.
Lowyat.NET:
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The US’ Trump administration seems to have expanded its executive order against Huawei.
Malay Mail:
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WASHINGTON, Aug 7 — Online message board 8chan's fortunes worsened yesterday, as it was once again made homeless by a technical services provider and its owner was called to testify to the US Congre...
Malaysiakini:
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The US government has determined that China is manipulating its currency, and will engage with the International Monetary Fund to eliminate unfair competition from Beijing, US Treasury Secretary Steve...
CarSifu:
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LOS ANGELES: A consumer advocacy group has warned that automakers are rolling out new vehicles increasingly vulnerable to hackers, which could result in thousands of deaths in the event of a mass cybe...
Malay Mail:
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NEW YORK, Aug 4 — The grounding of the 737 MAX for more than four months after two deadly accidents has tarnished Boeing’s reputation, but it still has the confidence of US policymakers.
Malaysiakini:
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The United States will no longer be prohibited from having ground-launched intermediate-range missiles once it pulls out of an arms control treaty with Russia today, but funds to test and develop the ...
Malay Mail:
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BRASILIA, Aug 1 ― Brazil's central bank slashed interest rates to a record low yesterday in response to the worsening outlook for Latin America's biggest economy.
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Authorities in Southern India recovered the body of coffee baron VG Siddhartha (above) floating in a river on Wednesday, two days after his disappearance sparked speculation he was under intense finan...
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The US Supreme Court on Friday handed President Donald Trump a victory by letting his administration redirect US$2.5 billion in money approved by Congress for the Pentagon to help build his promised w...
The Star:
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Facebook has agreed to pay US$5bil (RM20.61bil) as part of a settlement against allegations is misused user privacy, in relation to the scandal involving Cambridge Analytica.
The Star:
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The United States Department of justice opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers.
The Edge Markets:
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With major elections in India, Indonesia, Thailand and the Philippines over, talks resuming between North Korea and the US, President Donald Trump calling off a military strike against Iran at the las...
The Star:
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WASHINGTON: The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 billion, two people briefed on the matter said.
Malay Mail:
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WASHINGTON, July 24 — The Federal Trade Commission is set to announce today that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 b...
The Star:
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COLOMBUS: Facebook Inc and Amazon.com Inc set records for lobbying in the second quarter as Washington ramped up scrutiny of big technology companies, while Google’s spending dipped as it continued to reshuffle its influence operations.
The Star:
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Facebook Inc and Amazon.com Inc set records for lobbying in the second quarter as Washington ramped up scrutiny of big technology companies.
Malaysiakini:
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Huawei Technologies Co Ltd, the Chinese company put on a US blacklist because of national security concerns, secretly helped North Korea build and maintain its commercial wireless network, the Washing...
Malay Mail:
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WASHINGTON, July 23 ― US President Donald Trump said yesterday that a “compromise” bipartisan budget agreement has been reached that will boost federal spending by billions of dollars and suspen...
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BRASILIA, July 22 ― Brazilian President Jair Bolsonaro said yesterday that the government may look at making it less expensive for employers to fire workers, as it seeks fresh ways to stimulate a we...
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MEXICO CITY, July 21 — US Secretary of State Mike Pompeo will meet with Mexican Foreign Minister Marcelo Ebrard today to discuss migration and trade, amid heightened bilateral tension ahead of a dea...
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President Donald Trump tried to distance himself on Thursday from supporters’ chants of “send her back” at a rally where he blasted Somalia-born US Representative Ilhan Omar, as Republicans worr...
The Star:
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PETALING JAYA: Interest in Malaysian bonds among foreign investors rose last month amid the prospects of an interest rate cut by the US Federal Reserve (Fed).
The Star:
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While the US Congress talks about reining in big tech companies, Europe is taking action.
The Star:
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Facebook endured a second day of criticism from Congress over its plan to create a digital currency as senior House Democrats asked Facebook to scale back the project and threatened legislation that would block big tech companies from getting into banking.
The Edge Markets:
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KUALA LUMPUR (July 18): RAM Rating Services Bhd said foreign investors returned to the Malaysian bond market in June after two months of net selling, which it attributed to the increasing dovishness o...
Malay Mail:
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KUALA LUMPUR, July 18 — The increasing dovishness of central banks in major global economies amid weaker-than-expected economic data has sparked foreign bond investors’ interest in Malaysian bonds...
The Star:
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KUALA LUMPUR: Prospects of looser US Federal Reserve policy drew foreign bond investors back to Malaysia in June after two consecutive months of net selling, according to RAM Ratings.
Malay Mail:
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BRASILIA, July 18 — Brazilian President Jair Bolsonaro said yesterday his government will announce an economic stimulus package this week to revive flagging growth, confirming earlier media reports,...
Malaysiakini:
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Philippine President Rodrigo Duterte has declared he will never be tried by an international court for mass killings in his war on drugs, and vowed no let-up in a crackdown that he said he was winning...
The Star:
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Amazon.com Inc was challenged by a top US House lawmaker over whether the online retail giant is harming competition as the biggest tech companies faced their harshest antitrust scrutiny in years on Capitol Hill.
SoyaCincau.com:
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In yet another twist in the U.S./China/Huawei saga, it turns out that the Trump administration may not be able to relax restrictions on Huawei after all—that is, without the express consent of Congr...
Malay Mail:
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WASHINGTON, July 16 — Members of the US Senate and House of Representatives introduced bills today to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about President Donald Trump...
The Star:
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US technology giants are headed for their biggest antitrust showdown with Congress in 20 years as lawmakers and regulators demand to know whether companies like Alphabet Inc’s Google and Facebook Inc use their dominance to squelch innovation.
Malay Mail:
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WASHINGTON, July 16 — US Treasury Secretary Steven Mnuchin said yesterday the Trump administration and Congress were getting close to a deal on raising the US debt ceiling and he urged lawmakers to ...
Malaysiakini:
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US President Donald Trump on Sunday told a group of mostly American-born Democratic women in Congress to “go back and help fix the totally broken and crime infested places from which they came,” a...
The Straits Times:
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WASHINGTON • The US House of Representatives on Friday voted to restrict President Donald Trump's ability to attack Iran, fearing that his hawkish policies are pushing the country towards a needless...
The Star:
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NEW YORK: All three major indexes posted record closing highs on Friday as firm expectations for an interest-rate cut from the Federal Reserve continued to propel shares while investors awaited next week's kickoff of the corporate earnings season.
The Star:
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NEW YORK: The dollar weakened for a third straight session on Friday, still pressured by expectations the Federal Reserve will start cutting interest rates at a monetary policy meeting later this month.
The Star:
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REVIEW: At press time, the world’s equity markets appear consoled that the US Federal Reserve is likely to implement a policy rate cut as early as July 31, and confidence is rising.
Malay Mail:
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WASHINGTON, July 12 — The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned today.
Malay Mail:
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NEW YORK, July 12 — Wall Street spiked to new records at the open today, as investors cheered the news an interest rate cut by the Federal Reserve is coming soon.
Malay Mail:
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KUALA LUMPUR, July 12 — Bursa Malaysia gave up early gains to close in the red territory today, triggered by selling in selected heavyweights led by index-linked financial services counters.
Malay Mail:
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NEW DELHI, July 12 — The Indian government has plans to raise as much as 3.25 trillion rupees (US$47.4 billion) in the next five years by reducing its stakes in some large state-owned firms to 40 pe...
Malaysiakini:
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US President Donald Trump retreated on Thursday from adding a contentious question on citizenship to the 2020 census, but insisted he was not giving up his fight to count how many non-citizens are in ...
Malaysiakini:
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Three Iranian vessels tried to block a British-owned tanker passing through the strait that controls the flow of Middle East oil to the world, but backed off when confronted by a Royal Navy warship, B...
Malay Mail:
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NEW YORK, July 12 ― The Dow and S&P 500 rose yesterday to close at record highs as health insurers gained after the Trump administration scrapped a plan designed to rein in prescription drug prices,...
Malay Mail:
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WASHINGTON, July 11 — US President Donald Trump today defended his use of Deutsche Bank AG and said the German bank was being “badly written about and maligned,” as congressional Democrats probe...
The Edge Markets:
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KUALA LUMPUR (July 11): The FBM KLCI rebounded to close in positive territory today on bargain hunting at the eleventh hour.
The Star:
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LONDON: The dollar fell to a five-day low on Thursday after Federal Reserve Chair Jerome Powell kept the door open for U.S. interest rate cuts, though investors were wary of selling dollars aggressively until a policy review later this month.
Tech in Asia:
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America’s free-enterprise structure will prevail over China, where consumers are held “hostage,” in the race for global dominance of 5G telecommunications technology.
Malay Mail:
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SEOUL, July 11 — South Korea's foreign minister told US Secretary of State Mike Pompeo that Japan's export curbs against South Korea are “undesirable” for trilateral cooperation, South Korea's F...
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TOKYO, July 11 — The US dollar was soft today after Federal Reserve Chairman Jerome Powell set the stage for a rate cut later this month, vowing to “act as appropriate” to ensure the world's big...
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SAN FRANCISCO, July 11 — Federal Reserve Chairman Jerome Powell came to Capitol Hill yesterday with two goals: Cementing the case for an interest rate cut at the end of this month, and bolstering hi...
The Star:
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WASHINGTON: The Federal Reserve is preparing to cut interest rates for the first time in a decade because it sees a cooling global economy and no sign of overheating in the jobs market at home.
Malay Mail:
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The Edge Markets:
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KUALA LUMPUR (July 10): The FBM KLCI closed 3.9 points or 0.23% lower today at 1,678.97 on profit taking and as global investors awaited Federal Reserve chairman Jerome Powell remarks during his two-d...
Malay Mail:
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HONG KONG, July 10 — Asian markets mostly rose today after two days of losses with investors focusing on congressional testimony by Federal Reserve boss Jerome Powell.
The Star:
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LONDON: Germany’s 10-year government bond yield rose to its highest since July 1 on Wednesday, boosted by French industrial production data, as markets waited to see whether Fed Chairman Jay Powell’s testimony to Congress met their dovish expectations.
Malay Mail:
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LONDON, July 10 ― European shares dipped in early trading today ahead of US Federal Reserve Chair Jerome Powell's two-day testimony where investors will closely watch for signs of an interest-rate c...
Malay Mail:
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WASHINGTON, July 10 ― The US Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers' gut instinc...
The Star:
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KUALA LUMPUR: The FBM KLCI erased most of the gains in made in the previous session in a sign the domestic market is consolidating ahead of US Federal Reserve chairman Jerome Powell's testimony.
The Edge Markets:
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KUALA LUMPUR (July 10): Ringgit trades within a narrow range as upcoming global event risks keep investors on the sidelines.
The Edge Markets:
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(July 10): Stocks in Asia looked set to trade mixed after U.S. equities made little headway and investors awaited clues on policy from Federal Reserve Chair Jerome Powell.
Malay Mail:
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NEW YORK, July 10 ― The S&P 500 ended slightly higher yesterday as gains in tech-related shares offset worries about a weakening outlook for earnings.
Malay Mail:
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NEW YORK, July 10 ― The S&P 500 and the Dow Industrials edged lower yesterday, as investors worried over warnings of a hit to earnings from the US-China trade dispute and reined in hopes of a steep ...
The Star:
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NEW YORK: The S&P 500 ended slightly higher on Tuesday as gains in tech-related shares offset worries about a weakening outlook for earnings.
Malay Mail:
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TOKYO, July 9 ― The dollar traded near a three-week high today against its peers, as investors reduced bets on aggressive US interest rate cuts ahead of the Federal Reserve chairman's testimony to C...
Malay Mail:
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TOKYO, July 9 ― Asian stocks struggled to rebound yesterday as investors came to terms with sharply reduced expectations the Federal Reserve will deliver a large interest rate cut at the end of July...
The Edge Markets:
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(July 9): Asian stocks were set for a muted start to trading as their U.S. counterparts slipped and Treasuries edged lower.
The Borneo Post:
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(Seated, from left) Assistant secretary-general Ishak Buji, permanent chairman Shariff Busran, Othman, Abang Ahmad ,treasurer-general Zaidel Mohidin, council member Sejeli Ajem alongside other members...
The Edge Markets:
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(July 8): Stocks in Asia looked set for a muted start to the week after their U.S. counterparts retreated and Treasury yields rose Friday on the strong jobs report.
The Star:
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NEW YORK: President Donald Trump renewed his attacks on the Federal Reserve, suggesting the central bank is harming U.S. interests out of ignorance.
The Star:
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NEW YORK: U.S. stocks dipped on Friday, as the S&P 500 snapped a three-day streak of record closes, following an unexpectedly strong U.S. payrolls report that led investors to reassess how dovish a stance the Federal Reserve may take at its next meeting
Malaysiakini:
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A refusal by the United States to hand over F-35 fighters jets which Turkey bought would be "robbery," media reports on Thursday cited President Recep Tayyip Erdogan as saying, in a dispute over Ankar...
Malaysiakini:
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Rahul Gandhi, leader of India's opposition Congress party, said he has asked party bosses to find a successor after he took responsibility for losing a general election that has left the party in cris...
Malay Mail:
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COMMENTARY, July 2 — While Malaysia debates lowering the voting age from 21 to 18, other countries allow even 16-year-olds to choose their representatives.
Malay Mail:
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BEIJING, June 30 — Scores of Asia specialists, including former US diplomats and military officers, want President Donald Trump to rethink policies that “treat China as an enemy,” warning the ap...
The Star:
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WASHINGTON: In recent weeks, President Donald Trump has drawn the ire of security hawks in Congress for suggesting he could trade away his blacklisting of Huawei Technologies Co. to secure a trade deal with China.
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The Star:
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Even if you’ve never heard the phrase “dark patterns”, you’re almost certainly familiar with them. They’re the sneaky ways online companies trick you into agreeing to stuff you’d normally never assent to.
The Star:
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A US Senate panel on June 26 questioned how major social media companies like Facebook Inc and Alphabet Inc's Google unit use algorithms and artificial intelligence to serve up new content to keep users engaged.
Free Malaysia Today:
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The recent inaugural Dayak International Justice Congress in Keningau organised by Borneo Dayak Forum (BDF) raises several questions.
Malaysiakini:
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US President Donald Trump said on Saturday he would postpone mass deportation raids for two weeks as he seeks compromise with Democratic leaders on immigration issues.
SoyaCincau.com:
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Facebook has recently announced that cryptocurrency Libra will be set to launch next year.
Malaysiakini:
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US President Donald Trump played down Iran’s downing of a US military surveillance drone on Thursday, saying he suspected it was shot by mistake and “it would have made a big difference” to him ...
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KUANTAN, June 19 — Independent preacher Muhammad Zamri Vinoth Kalimuthu said today he is willing to give up his Malaysian citizenship if his mentor, Dr Zakir Naik is extradited to India.
Lowyat.NET:
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Earlier yesterday, Facebook made the existence of its cryptocurrency, Libra, official to the world, and set to launch in 2020.
Malay Mail:
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KUANTAN, June 19 — In recognition of their contribution to their respective fields, PAS Youth has named Christian activist Jason Leong and independent preacher Firdaus Wong Wai Hung as exemplary ico...
The Star:
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A leading US House lawmaker on June 18 called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security.
The Star:
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Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too.
The Star:
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WASHINGTON: President Donald Trump’s top trade envoy will be in the congressional hot seat for two days this week, giving lawmakers the chance to grill him about the prospects for a deal with China, as well as various punitive measures threatened by his boss.
The Star:
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While the promised benefits of artificial intelligence are profound, the downsides could be damaging, even dangerous.