Wed, 21 Aug 2019, 10:29 PM
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Topic: Data

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KUALA LUMPUR (Aug 18): Malaysia's Gross Domestic Product (GDP), which expanded by 4.9 percent year-on-year (y-o-y) for the second quarter of 2019 (2Q 2019), is seen as a surprise to the market, as it ...
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KUALA LUMPUR (Aug 16): Malaysia's Gross Domestic Product (GDP), which expanded by 4.9 percent year-on-year (y-o-y) for the second quarter of 2019 (2Q 2019), is seen as a surprise to the market, as it ...
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PETALING JAYA: The Center to Combat Corruption and Cronyism (C4) has called for a comprehensive audit of the River of Life (ROL) project, saying shortfalls in physical progress in its components is a ...
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LONDON, Aug 16 — Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said.
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TOKYO, Aug 16 — The dollar held onto gains today after a surge in US retail sales eased concerns about the world’s top economy, but traders cautioned against reading too much into one piece of dat...
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NEW YORK, Aug 16 — Japan overtook China as the largest non-US holder of Treasuries in June, after raising its holdings to a nearly three-year high, according to US Treasury department data released ...
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LONDON (Aug 15): Eco World International Bhd (EWI) is eyeing to add on another 1,000 units build-to-rent (BtR) to its portfolio this year, said Matthew Pullen, chief operating officer of residential i...
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BENGALURU: Most Asian currencies weakened on Thursday as recession warnings from the U.S. bond market dented investor risk appetite, cutting short a modest respite after the United States delayed some tariffs on imports from China.
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TOKYO: Oil prices fell on Wednesday after industry data showed U.S. crude inventories unexpectedly rose last week, erasing some gains from the last session that were stoked after Washington said it would delay tariffs on some Chinese goods.
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PETALING JAYA: Bursa Malaysia continued to see an exodus of foreign funds last week, marking the fourth consecutive week of foreign net selling.
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A health worker fills a syringe with Ebola vaccine before injecting it to a patient, in Goma, Democratic Republic of Congo.
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This post is brought to you by TIME.
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SHAH ALAM: Selangor residents are more comfortable controlling mosquito breeding rather than working towards preventing them from breeding, a state executive councillor said today as dengue cases cont...
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NEW YORK, Aug 13 ― US stocks dropped in a broad sell-off yesterday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted US-China trade war s...
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NEW YORK: U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession.
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SHANGHAI, Aug 12 — Asian shares fell this morning, while gold prices held firm as investors worried a prolonged Sino-US trade war could tip the world and US economies into recession.
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SHANGHAI: Asian shares fell on Monday morning, while gold prices held firm as investors worried a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession.
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LONDON, Aug 9 ― Mining stocks thrust London's main index higher yesterday after a round of Chinese data dissipated some global growth fears and nickel prices hit a 16-month high amid supply worries,...
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FRANKFURT, Aug 9 ― European shares had their best day in almost two months yesterday as upbeat trade data from China and a steadying of its currency helped to calm some fears of recession and a furt...
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LONDON, Aug 8 — The dollar steadied today as risk sentiment rose after resilient Chinese trade data and as Beijing’s efforts to slow a slide in the value of the renminbi encouraged investors to bu...
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WASHINGTON, Aug 8 — The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labour market remains strong even as the economy is slowing.
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LONDON, Aug 8 — European shares rose for a second day today, as investors took heart from a stronger-than-expected rebound in Chinese exports and steadying of the yuan after a week of turmoil sparke...
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LONDON, Aug 8 — The dollar edged lower across the board today, as risk sentiment stabilised after resilient Chinese trade data and Beijing’s efforts to slow a slide in the value of the renminbi en...
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KUALA LUMPUR: It would seem that Malaysians are a gullible lot, as many are easily sweet-talked into parting with their money.
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KUALA LUMPUR, Aug 8 — Chinese firms’ pullback on investments here has opened the door for American investors to take over as Malaysia’s main source of foreign funding.
The Straits Times:
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The United States is set to supplant China as Malaysia's top source of investment, amid an increasingly bitter trade war between the two superpowers that has reconfigured global supply chains, especia...
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AS the property sector continues to grapple with lower sales amid a growing glut, stocks of listed developers have been underperforming the market and almost all are now trading at discounts of more t...
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FRANKFURT, Aug 7 ― European shares finished lower yesterday weighed down by trade worries as support from upbeat German data and China stepping in to stabilise its currency proved to be temporary.
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KUALA LUMPUR: The west coast of Peninsular Malaysia and western Sarawak have begun to experience haze due to forest fires in Indonesia, Malaysia’s Meteorological Department said on Thursday (Aug 1)...
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KUALA LUMPUR: The haze returned today to the west coast of Peninsular Malaysia and western Sarawak due to forest fires in six provinces in Indonesia.
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At 24 years old, a S$1.2 million (RM3.6 million) penthouse in one of the most expensive property markets in the world, furnished with such luxuries as a Herman Miller Aeron office chair and Lelit espr...
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HONG KONG, Aug 1 ― Asian factory activity contracted further in July, fuelling worries that a Sino-US trade war and a slowdown in China could tilt the world towards a global recession, which central...
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SINGAPORE, Aug 1 — The proportions of low-income households and those living in one- and two-room public flats who have creature comforts — namely air-conditioners and internet subscriptions — ...
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Data from Solid Waste Management and Public Cleansing Corporation showed that Malaysians generated more than 38,000 tonnes of waste per day, an increase from 19,000 tonnes in 2005.
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SYDNEY: Asian shares got off to a cautious start on Monday as markets count down to a likely cut in U.S. interest rates this week with much riding on whether or not the Federal Reserve signals yet more are in the pipeline.
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SYDNEY, July 29 — Asian shares got off to a cautious start today as markets count down to a likely cut in US interest rates this week with much riding on whether or not the Federal Reserve signals y...
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Indonesia plans tighter rules to combat a surge in imports of plastic waste, such as a registry of trash exporters and tougher border checks, officials said on Friday.
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JAKARTA, July 26 — Indonesia plans tighter rules to combat a surge in imports of plastic waste, such as a registry of trash exporters and tougher border checks, officials said today.
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TOKYO, July 26 ― The dollar traded near a two-week high versus the yen as investors pared expectations for aggressive Federal Reserve interest rate cuts ahead of key US economic data due later in th...
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KUALA LUMPUR: Malaysia's biodiesel production and exports are set to hit record levels this year as low palm oil prices increase the appeal of blending to make biofuels, the head of an industry association told Reuters on Thursday.
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LONDON, July 23 — Britain’s incoming Prime Minister Boris Johnson will inherit an economy that could be heading for a slowdown or even a recession, weakening his hand in the battles ahead as the c...
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Gold, once mocked for its lack of yield and practical use, offers something the growing pile of negative-yielding bonds doesn’t – inflation protection.
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LONDON, July 18 — Oil prices rose today after Iran said it had seized a foreign oil tanker in the Gulf amid rising tensions between Tehran and the West over the safety of shipping in the Strait of H...
PaulTan.org:
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It looks like the automotive industry in Malaysia has hit a slump, hungover from the car buying frenzy brought on by the Raya promos – after a strong showing in May, sales slowed significantly last ...
Tech in Asia:
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In Southeast Asia, people are likely to use a digital service like Grab or Gojek to get a ride.
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KUALA LUMPUR (July 17): The export of Malaysian furniture to the United States is expected to grow at least 20% year-on-year (y-o-y) over the next three years, amid the ongoing US-China trade war.
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SYDNEY: Australia’s central bank would cut interest rates again “if needed” to support employment, wages growth and inflation, having already eased twice since June to a record low of 1%.
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BEIJING, July 15 — China is expected to report today that economic growth slowed to its weakest pace in at least 27 years in the second quarter, reinforcing the case for more stimulus as a bruising ...
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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.
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LONDON, July 12 ― Safe haven German government bonds were set for their biggest weekly selloff in nearly one-and-a-half years today as signs of economic strength in the United States and parts of Eu...
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Internet giant Google has inserted a hidden tennis game into related search results to mark the 2019 Wimbledon tennis championships, whose finals take place over the weekend of July 13 and 14.
Malay Mail:
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SAN FRANCISCO, July 12 ― Internet giant Google has inserted a hidden tennis game into related search results to mark the 2019 Wimbledon tennis championships, whose finals take place over the weekend...
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NEW YORK, July 11 — Wall Street stocks pushed higher today, shrugging off data that showed increased inflation and a burgeoning trade controversy related to a French tax on large technology companie...
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ANKARA, July 6 — Turkey today fired its central bank governor and replaced him with the bank’s deputy governor, a presidential decree published on the official gazette showed.
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(July 4): Most Southeast Asian stock markets posted lacklustre performances on Thursday, as weak economic data in the United States heightened concerns of a global economic slowdown, while Vietnam sha...
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Facebook will face Austrian privacy activist Max Schrems next week at Europe's top court in a landmark case that could affect how hundreds of thousands of companies transfer personal data worldwide as well as Europeans' privacy rights.
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NEW YORK: U.S. stocks rose on Wednesday, with each of the major indexes closing at a record high, as expectations grew that the Federal Reserve would take a more dovish turn as a raft of data provided more evidence of a slowing economy.
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TOKYO, July 3 ― Asian shares were subdued today as initial enthusiasm over the latest US-China trade truce was overtaken by fresh concerns over Washington's threat of tariffs on additional European ...
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NEW DELHI: Malaysian palm oil futures rose on Tuesday, in line with rival soyoil, but estimates of higher output and sluggish exports by the world's top producers limited gains.
Malay Mail:
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SINGAPORE, July 2 — The true cost of Anti-Money Laundering (AML) compliance across all Malaysian financial services firms is estimated to be US$0.89 billion (RM3.7 billion), according to a LexisNexi...
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SINGAPORE (July 2): The true cost of Anti-Money Laundering (AML) compliance across all Malaysian financial services firms is estimated to be US$890 million (RM3.68 billion), according to a LexisNexis ...
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PETALING JAYA: Despite the recovery in loan growth, the outlook for the banking sector in Malaysia remains relatively muted due to net interest margin (NIM) compression.
theSun:
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KUALA LUMPUR: There is a serious need for dieticians in the country due to the worrying increase in diseases, especially non-communicable diseases (NCDs) Health Minister Datuk Seri Dr Dzulkefly Ahmad...
Malay Mail:
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KUALA LUMPUR, July 1 — Malaysia remains a preferred economic and trade investment destination in the Asean region for Italian companies due to its strategic location and a socio-politically stable c...
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SINGAPORE: China investors can finally turn their focus elsewhere after a highly-anticipated meeting between Presidents Xi Jinping and Donald Trump showed some progress on trade.
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Comment by Freddy Loo I LOVE working in Malaysia. Being a multicultural country also means plenty of festive celebrations and holidays. And as I write this, I can see and feel the buzz of families planning their Raya balik-kampung road trips to spend time with family and friends.
Malay Mail:
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KUALA LUMPUR, June 27 — Health Minister Datuk Seri Dzulkefly Ahmad said today the government must handle its plan to decriminalise drug dependency “with care and tact”.
Digital News Asia:
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"WHY are we doing digital banking?" asked Henry Ma, WeBank executive vice president, at the start of his talk during the recent Malaysia Fintech Week 2019 in Kuala Lumpur.
Tech in Asia:
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Social media has long provided platforms for people to share images of their enviable lifestyles.
The Star:
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CURRENTLY, economic and trade relations between China and the United States of America are tense.
The Star:
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PETALING JAYA: Datuk Mohd Abdul Karim Abdullah, the founder of Serba Dinamik Holdings Bhd and one of the Top 40 richest Malaysians, is said to have bought a big stake in Kumpulan Powernet Bhd, his second major purchase in less than a month.
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KUALA LUMPUR: Datuk Mohd Abdul Karim Abdullah, the founder of Serba Dinamik Holdings Bhd and one of the top 40 richest Malaysian, is said to have bought a big stake in Kumpulan Powernet Bhd, his second major purchase in less than a month.
The Star:
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PETALING JAYA: Over 70 million people fled war, persecution and conflict in 2018, the highest level seen in almost 70 years, says the United Nations High Commissioner for Refugees (UNHCR).
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PETALING JAYA: The outlook on foreign direct investment (FDI) inflows for Malaysia has been weakened due to the rising trade tensions between China and the United States.
Malay Mail:
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WASHINGTON, June 18 — US homebuilding unexpectedly fell in May, but data for the prior two months was revised higher and building permits increased, suggesting that the housing market was drawing so...
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BEIJING: New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more stimulus for the slowing economy.
The Star:
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If you're running out of space on your smartphone, cleaning up your WhatsApp media folder is a good place to start.
The Edge Markets:
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THE slew of manufacturing purchasing manager indices (PMI) released over the last week points to a cooling in the manufacturing sector globally.
Tech in Asia:
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China’s Huawei is in the process of potentially launching its “Hongmeng” OS to replace Android OS, Reuters reports.
The Star:
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KUALA LUMPUR: MyAngkasa Az Zahra Sdn Bhd and Angkatan Koperasi Kebangsaan Malaysia's (Angkasa) online loan processing platform – Portal My AzZahra – ensures security in cooperative financing for civil servants.
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MEXICO CITY: An executive of Huawei Technologies Co Ltd said on Thursday that the Chinese telecoms giant is in the process of potentially launching its "Hongmeng" operating system (OS) to replace the U.S. Android OS
Malaysiakini:
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YOURSAY | ‘His comparison between Zakir and Sirul is misconceived, misleading and misses the point.’ Ramkarpal: Dr M's Zakir-Sirul analogy misconceived, risks bilateral tensions Irene56: I am surp...
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SYDNEY: Asian share markets were in a defensive crouch on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could scramble the odds for an early cut in interest rates there.
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KUALA LUMPUR (June 12): The FBM KLCI was down 0.33% at the midday break today, tracking wary regional markets.
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In 2016, Malaysia’s Gini Coefficient, a common measure of relative income inequality, stood at 0.399.
Malay Mail:
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NEW YORK, June 12 — US stocks ended near flat and the Dow snapped a six-day winning streak yesterday, as investors paused following a run of gains and fresh worries emerged over the U.S. trade war w...
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NEW YORK: U.S. stocks ended near flat and the Dow snapped a six-day winning streak on Tuesday, as investors paused following a run of gains and fresh worries emerged over the U.S. trade war with China.
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Women of today have moved forward and away from traditional roles, for instance the homemaker. Many have crashed barriers to head corporations, become entrepreneurs and even take on roles that are deemed men’s domain.
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PETALING JAYA: Colon cancer is on the rise but doctors say it is preventable.
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WASHINGTON, June 6 — The US trade deficit unexpectedly narrowed in April as imports of goods dropped to a 15-month low, which could support the economy as it slows after a temporary boost from expor...
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LONDON, June 6 — The British currency remained firmly within recent ranges today in a trading slumber that analysts say shows little sign of abating until the contest to replace Prime Minister There...
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BENGALURU: Gold prices edged higher on Thursday, hovering below the 15-week high hit in the previous session, supported by trade worries and a possible U.S. rate cut, even as some investors locked in profits in bullion after a recent rally.
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MUMBAI: Flagging Indian sales of products like toothpaste and hair oil have been a drag on the share prices of the nation’s consumer goods makers, but each dip is a buying opportunity for a fund manager who sees the slowdown in demand as temporary.
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LONDON, June 3 — European shares took another leg down today as China sent another shot across Washington’s bows on trade, stirring fears of recession, while German chipmaker Infineon’s deal to ...
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Today, practitioners of artificial intelligence (AI) have become technology world’s rock stars. “Deep learning” (a more fashionable branch of AI), which uses natural networks to churn through volumes of big data looking for patterns that is inspired by the activity of layers of neurons in the brain, has proven to be in high demand to help build software, particularly for the companies collectively known as FAANG (Facebook, Apple, Amazon, Netflix and Google).
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LONDON, May 31 — London’s main stock index sank almost 1per cent at opening today after President Donald Trump’s threat of tariffs on Mexico and disappointing manufacturing data from China focus...
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Istanbul: A long slog awaits Turkey even if its first recession in a decade ended last quarter.
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Frankfurt: The European Central Bank (ECB) will offer eurozone banks generous terms on its upcoming long-term loans when it meets next week but won’t do anything to soften the impact of negative rates, economists predict.
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TOKYO: Malaysia will allow Australian rare earths producer Lynas Corp to keep operating a processing plant in the country, says Tun Dr Mahathir Mohamad.