The Malaysian Pulse
Beat of the Nation
Mon, 23 Sep 2019, 11:31 AM
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Topic: Donald Trump

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US mission is to avoid war with Iran, says Mike Pompeo
The United States aims to avoid war with Iran and the additional troops ordered to be deployed in the Gulf region are for “deterrence and defence,” US Secretary of State Mike Pompeo said.
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Report: UK-US trade deal to be struck by July
LONDON, Sept 23 — British Prime Minister Boris Johnson and US President Donald Trump have agreed to strike a UK-US trade deal by July next year, The Sun newspaper reported.
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Trading View: Top three global stories to follow on Monday
Trading View focuses on US-China trade talks, oil and European markets
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US-Japan trade talks will bring peace of mind to farmers, automakers, says minister Motegi
TOKYO, Sept 22 — Japanese foreign minister Toshimitsu Motegi said trade talks with the United States will bring peace of mind to farmers and automakers, according to an interview with public broadca...
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Iran says it will destroy any aggressor amid rising tension
Iran will pursue any aggressor, even it carries out a limited attack, and seek to destroy it, the head of the elite Revolutionary Guards said on Saturday, after attacks on Saudi oil sites which Riyadh...
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After ‘Howdy Modi,’ Trump and India’s PM could sign trade deal
WASHINGTON, Sept 21 — The United States and India are racing to negotiate a limited trade deal that US President Donald Trump and Indian Prime Minister Narendra Modi can sign at the United Nations G...
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Saudi oil attack shows how Iran sees new Mid-East game — Peter Apps
SEPTEMBER 21 — If Iran’s government was truly behind last weekend’s cruise missile and drone attack on Saudi Arabia’s energy infrastructure, it has put its potential foes across the Middle Eas...
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Wall Street dips after China cancels trip to Montana farmland
NEW YORK, Sept 21 ― Wall Street dropped yesterday, and also finished the week lower, after a Chinese agriculture delegation cancelled a planned visit to Montana, dampening optimism about US-China tr...
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US sending troops to bolster Saudi defences after attack
US President Donald Trump on Friday approved sending American troops to bolster Saudi Arabia’s air and missile defences after the largest-ever attack on the kingdom’s oil facilities, which Washing...
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Trudeau pledges assault rifle ban amid blackface scandal
Canadian Prime Minister Justin Trudeau, embroiled in a blackface picture scandal, on Friday pledged to ban military-style assault rifles in the country's most ethnically diverse city in a bid to get h...
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Hopes for trade breakthrough fade as China cancels U.S. farm visits
CHICAGO: A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly cancelled a visit to farms in Montana and Nebraska amid two days of...
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Oil price slips on trade fears but soars in week after Saudi production attacked
NEW YORK: Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest...
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Wall Street drops after China cancels trip to Montana farmland
NEW YORK: Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation canceled a planned visit to Montana...
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Trump: US making a lot of progress with China in trade talks
WASHINGTON, Sept 20 — President Donald Trump told reporters today the United States is making a lot of progress with China, as two of the world’s biggest economies work toward resolving their prot...
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US Fed’s Bullard says bigger rate cut ‘insurance’ against recession
WASHINGTON, Sept 20 — Federal Reserve policymaker James Bullard said today he dissented from this week’s vote on interest rates because he wanted to see a bigger rate cut as “insurance” for th...
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Abe, Trump head for trade deal; auto tariffs a sticking point
TOKYO, Sept 20 — US President Donald Trump and Japanese Prime Minister Shinzo Abe are expected to clinch a deal on farm tariffs and digital trade when they meet in New York next week.
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Zuckerberg meets Trump, senators; nixes breaking up Facebook
WASHINGTON, Sept 20 — Facebook chief executive Mark Zuckerberg met yesterday with US President Donald Trump and members of Congress on a political reconnaissance mission to Washington, where he reje...
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Oil steadies as Saudis pledge swift return to production
SINGAPORE: Oil held its decline from the dramatic spike earlier in the week as supply assurances from Saudi Arabia and the International Energy Agency calmed the market after the devastating weekend attacks.
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US building coalition after Saudi oil attack, Iran warns against war
The United States said on Thursday it was building a coalition to deter Iranian threats following a weekend attack on Saudi Arabian oil facilities.
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Ex-IMF’s Lagarde: Global growth ‘fragile,’ ‘under threat’
WASHINGTON, Sept 20 — The former head of the International Monetary Fund, Christine Lagarde, warned yesterday that global growth is “fragile” and “under threat” and policymakers should work ...
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US-China trade talks: Where they are and what’s at stake
WASHINGTON, Sept 20 — Senior US and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to settle their ongoing trade war, but a lasting peace seems elusive.
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Tariffs in place or planned for nearly all goods traded by US and China
WASHINGTON, Sept 20 — US and Chinese trade negotiators are meeting in Washington this week to find ways to defuse a trade war that has roiled markets and triggered tit-for-tat tariffs on hundreds of...
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US, Australia to unveil plan today to improve rare earth mineral supply
WASHINGTON, Sept 20 — US President Donald Trump and Australian Prime Minister Scott Morrison are set to release a plan today aimed at securing the supply of rare earth minerals, a senior administrat...
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Oil soars again on Mideast tension
NEW YORK, Sept 20 — Oil prices shot higher yesterday on fresh supply concerns in the Middle East, while on most markets stocks climbed after the US Federal Reserve’s decision to cut interest rate...
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Explainer: US-China trade talks - where they are and what's at stake
WASHINGTON: Senior U.S. and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to settle their ongoing trade war, but a lasting...
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US-China trade talks open in Washington amid deep differences
WASHINGTON: U.S. and Chinese deputy trade negotiators resumed face-to-face talks for the first time in nearly two months on Thursday, as the world's two...
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Oil price rises 1% as Saudi supply risks come into focus
HOUSTON: Brent crude oil prices rose more than 1% on Thursday on fears of longer-than-expected supply shortfalls following Saturday's attacks on a key Saudi...
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US, Chinese trade deputies face off in Washington amid deep differences
WASHINGTON, Sept 19 — US and Chinese deputy trade negotiators were set to resume face-to-face talks today for the first time in nearly two months as the world’s two largest economies try to bridge...
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Huawei promises smartest 5G phone, but who will be brave enough to buy?
FRANKFURT, Sept 19 — Huawei launches what could be the world’s smartest 5G phone today, but its fate in Europe will hang on whether customers will buy a device lacking access to software and apps ...
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Malaysia will speak the truth at Unga: Mahathir
PUTRAJAYA: Malaysia will speak the truth at the United Nations General Assembly (Unga) in New York next week, Prime Minister Tun Dr Mahathir Mohamad (pix) said.
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Malaysia will speak the truth at United Nations General Assembly — Dr M
PUTRAJAYA (Sept 19): Malaysia will speak the truth at the United Nations General Assembly (UNGA) in New York next week, Prime Minister Tun Dr Mahathir Mohamad said.
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Fox News: Trump ‘not thrilled’ with US Fed but says chairman’s job safe
WASHINGTON, Sept 19 — US President Donald Trump said Federal Reserve Chairman Jerome Powell’s job is safe, even though he was “not thrilled” with the central bank after it moved to lower inter...
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Malaysia will speak the truth at United Nations General Assembly next week, says PM
PUTRAJAYA, Sept 19 — Malaysia will speak the truth at the United Nations General Assembly (UNGA) in New York next week, Prime Minister Tun Dr Mahathir Mohamad said.
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Dr M: Malaysia will speak the truth at UN
PUTRAJAYA (Bernama): Malaysia will speak the truth at the United Nations General Assembly in New York next week, says Prime Minister Tun Dr Mahathir Mohamad.
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Not real news, Trump promotes false video of Congresswoman Omar on Twitter
President Donald Trump used Twitter to share an edited video that falsely accused Democratic Rep Ilhan Omar of dancing and partying on the anniversary of the 9/11...
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Apple is suffering an identity crisis with consumers in China
The trade war is taking its toll on Apple Inc, a new survey of Chinese consumer attitudes shows.
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Saudi oil attacks: Trump doesn't want war
US President Donald Trump said on Monday said it looked like Iran was behindattacks on oil plants in Saudi Arabia but stressed he did not want to go to war, asthe attacks sent oil prices soaring and r...
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Trump and California go to war over clean cars
Highway traffic heading into Los Angeles, California.
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US Congress to advance 'Hong Kong Human Rights and Democracy' bill
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Trump sees many options short of war with Iran after attacks on Saudis
US President Donald Trump said on Wednesday there were many options short of war with Iran, after US ally Saudi Arabia displayed remnants of drones and missiles it said were used in a crippling attack...
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US trade groups urge Congress to rein in 'Tariff Man' Trump
WASHINGTON: Nearly two dozen US lobbying groups have joined forces to try to rein in U.S. President Donald Trump's power to unilaterally impose tariffs amid...
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Fed cuts interest rates, signals holding pattern for now
WASHINGTON, Sept 19 — The US Federal Reserve cut interest rates again yesterday to help sustain a record-long economic expansion but signalled a higher bar to further reductions in borrowing costs, ...
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Huawei woos tech world with US$1.5bil and 5G secrets
BEIJING: Huawei Technologies Co is offering up its most valuable 5G secrets and US$1.5bil to software developers, courting the global tech community at a time the United...
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Huawei promises smartest 5G phone, but who will be brave enough to buy?
FRANKFURT: Huawei launches what could be the world's most powerful and feature-packed 5G smartphone on Thursday, but the fate of the device in Europe will hang...
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Oil prices extend losses after Saudi pledge to restore lost output
NEW YORK: Oil prices retreated about 2% on Wednesday, extending the previous day's declines after Saudi Arabia said it would quickly restore full production following last...
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Fed cuts interest rates, signals holding pattern for now
WASHINGTON: The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further...
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US Fed signals rate cut as market jitters cast shadow
WASHINGTON, Sept 18 — The US Federal Reserve is poised to deliver the year’s second interest rate cut today but a glitch in critical financial plumbing for the US economy is casting a shadow over ...
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From oil shocks to funding strains, Fed confronts new complexities
WASHINGTON, Sept 18 — The Federal Reserve will conclude its latest policy meeting today buffeted by conflicting economic data, under steady pressure from the White House for steep interest rate cuts...
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US to confront China on Uyghur issue at UN gathering
The United States is considering how it will confront China during the annual gathering of world leaders at the United Nations next week over its detention of some 1 million Muslims in a remote region...
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FedEx craters after slashing forecast on trade war, slowdown
DALLAS: Blaming a weakening global economy, FedEx Corp. sharply slashed its profit outlook in the latest sign that trade tensions are dragging down U.S. corporate...
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Saudi oil attacks came from southwest Iran, US official says, raising tensions
The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a US official told Reuters on Tuesday, an assessment that further increa...
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Trump says China trade deal could come before US election, or not
SANTA FE, Sept 18 — US President Donald Trump said yesterday his administration could seal a deal on trade with China before the US presidential election, or an agreement could be reached the day af...
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Wall Street rises as oil fears recede, market awaits Fed
NEW YORK, Sept 18 — Wall Street ended higher yesterday as the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded and investors awaited a widely expected Fed interest rate cut tod...
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Wall St rises as oil fears recede, market awaits Fed decision Wed
New YORK: Wall Street ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded and investors awaited a widely expected...
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Trump says China trade deal could come before U.S. election, or not
ABOARD AIR FORCE ONE: U.S. President Donald Trump said on Tuesday his administration could seal a deal on trade with China before the U.S. presidential election, or...
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Oil sheds gains, stocks inch lower as focus turns to Fed
LONDON, Sept 17 — Oil shed some of its massive gains today as the United States flagged the possible release of crude reserves, while stocks inched lower as investors remained on the sidelines ahead...
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Aramco to face weeks without majority of Abqaiq’s oil output
DUBAI: Saudi Aramco could take months to restore output at its giant Abqaib plant, keeping up pressure on oil prices as the geopolitical consequences of the worst...
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Facebook to stop news headline changes from advertisers
Facebook said it is working to stop advertisers from changing headlines in links to news stories.
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The Week Ahead: Developments on Brexit and interest rates to determine market
The continuing uncertainty over Brexit in the UK and monetary policy meetings in the world’s largest economies, including the US, Japan and the UK, are likely to dominate market talk this week while...
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Trade talks seen as unlikely to mend US-China divide
BEIJING, Sept 17 — US and Chinese officials will restart trade talks at the end of this week, but any agreement the world's largest economies carve out is expected to be a superficial fix.
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Currency provision won't be in Japan-US trade deal, says Aso
TOKYO, Sept 17 — Japanese finance minister Taro Aso said today that a currency provision won't be included in a Japan-US bilateral trade deal that the two countries are aiming to conclude by the end...
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Petronas revenue, govt fuel subsidy to increase as oil prices spike - Guan Eng
KUALA LUMPUR (Sept 17): Finance Minister Lim Guan Eng said yesterday Petroliam Nasional Bhd's (Petronas) revenue and the Malaysian government's fuel subsidy will increase after crude oil prices spiked...
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Trump says he does not want war after attack on Saudi oil facilities
US President Donald Trump said on Monday said it looked like Iran was behind attacks on oil plants in Saudi Arabia but stressed he did not want to go to war, as the attacks sent oil prices soaring and...
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Oil tanker bottleneck builds at Saudi ports after attacks
LONDON, Sept 17 — At least 11 supertankers are waiting to load oil cargoes from Saudi Arabian ports after an attack on the country's oil facilities at the weekend halved the kingdom's production, sh...
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Oil trims gains but Middle East risks keep Asian stocks on back foot
TOKYO, Sept 17 — Oil futures shed some of their massive gains today as the United States flagged the possible release of crude reserves, but the threat of military action over the attacks on Saudi o...
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US, Chinese trade deputy talks to start in two days, says USTR
WASHINGTON, Sept 17 — Deputy-level US-China trade talks are scheduled to start in Washington on Thursday, the US Trade Representative's office said yesterday, paving the way for high-level talks in ...
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Speed of Saudi oil recovery in focus
DUBAI: All eyes are on how fast Saudi Arabia can restore production after this weekend’s devastating strike on key facilities, which knocked out roughly 5% of global supply and triggered a record surge in oil prices.
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Trump says US reaches trade deals with Japan, no vote needed
WASHINGTON, Sept 17 — US President Donald Trump said yesterday that the United States has reached initial trade agreements with Japan on tariff barriers and digital trade that will not require congr...
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Facebook to stop news headline changes from advertisers
SAN FRANCISCO, Sept 17 — Facebook said yesterday it is working to stop advertisers from changing headlines in links to news stories after concerns raised by a British political party’s altering of...
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Asia Stocks Set for Muted Open; Treasuries Climb
(Sept 17): Asian stocks look set for a muted open Tuesday as investors assessed heightened geopolitical risks in the aftermath of the strike on Saudi Arabia’s crude production that sent oil prices s...
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Too soon to say if US emergency oil release needed, Perry tells CNBC
WASHINGTON, Sept 16 — US Energy Secretary Rick Perry said today it was too soon say whether the United States would have to tap its emergency petroleum reserves following weekend attacks on Saudi Ar...
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US, Chinese trade deputies seen meeting Friday, says US Chamber CEO
WASHINGTON, Sept 16 — US and Chinese deputy trade negotiators are expected to meet on Friday, with senior negotiators likely to meet about a week and a half later, US Chamber of Commerce CEO Tom Don...
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Wall Street slides after Saudi attacks; energy stocks surge
NEW YORK, Sept 16 — Wall Street slipped today on global growth worries after the weekend attack on Saudi Arabian crude facilities knocked out 5 per cent of the world’s supply, while a more than 10...
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GM, UAW restart talks as workers take to picket lines
DETROIT, Sept 16 — Negotiators for General Motors Co and the United Auto Workers resumed talks today at 10am EDT to resolve a strike that shut down the automaker’s highly profitable US operations.
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Some 46,000 General Motors auto workers strike in US
DETROIT, Sept 16 — The United Auto Workers union began a nationwide strike against General Motors today, with some 46,000 members walking off the job after contract talks hit an impasse.
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Oil surges 20pc after Saudi attack, softens on stockpile hopes
SINGAPORE, Sept 16 — Oil prices surged nearly 20 per cent at one point today, with Brent crude posting its biggest intraday gain since the Gulf War in 1991, after an attack on Saudi Arabian oil faci...
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Petronas revenue, govt fuel subsidy to increase as oil prices spike - Guan Eng
KUALA LUMPUR (Sept 16): Finance Minister Lim Guan Eng said today Petroliam Nasional Bhd's (Petronas) revenue and the Malaysian government's fuel subsidy will increase after crude oil prices spiked fol...
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Oil sees biggest surge since 1991 after Saudi attack
An attack on Saudi Arabia that shut five percent of global crude output caused the biggest surge in oil prices since 1991, after US officials blamed Iran and President Donald Trump said Washington was...
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Saudi attack dents currencies of crude importers, stocks dip
BEIJING, Sept 16 — Emerging market currencies took a backseat today with those of major crude importers sliding as oil prices surged after an attack on Saudi Arabian facilities cut more than 5 per c...
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Russia: Enough oil in global stockpiles to replace lost Saudi barrels
MOSCOW, Sept 16 — There is enough oil in global stockpiles to replace barrels Saudi Arabia has temporary lost due to attacks on its oil facilities, Russia’s energy minister Alexander Novak, an all...
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Hong Kong stocks skid on weekend protests, bleak China data
HONG KONG stocks fell on Monday following clashes and protests over the weekend and as data showed China's economic slowdown deepened amid a bruising...
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US needs a trade war deal more than China does, says economist
US president Donald Trump faces growing pressure of a possible economic slowdown while seeking re-election.
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China stocks end lower; bleak data raises stimulus hopes
SHANGHAI: China stocks started the week on a soft note, though losses were limited on easing Sino-U.S. trade frictions, while bleak economic data on Monday raised hopes that Beijing will dole out more...
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China stocks mixed after downbeat economic data; Hong Kong down
SHANGHAI: China stocks started the week on a mixed note after bleak economic data reinforced hopes Beijing will roll out more stimulus to underpin the economy and...
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Next Trump tariffs may soon hit Europe’s luxury-goods exporters
GENEVA: Some of Europe’s top luxury brands are targeted in President Donald Trump’s latest tariff salvo, which could affect billions of dollars in exports of American-bound...
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US 'locked and loaded' after attacks on Saudi Arabia: Trump
The United States believes it knows who was behind the attacks on Saudi oil facilities and is “locked and loaded,” but is waiting for verification and for a Saudi assessment of responsibility befo...
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US dollar falls as oil attacks send investors to safety
SINGAPORE, Sept 16 — The US dollar fell while safe-havens and currencies of oil producing countries rallied today, following an attack on Saudi Arabian refining facilities that disrupted global oil ...
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Should the Federal Reserve cut rates aggressively?
With the cutting of interest rates worldwide, should the US Federal Reserve do so more aggressively as sought by President Donald Trump?
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Oil surges, stock futures slip after attack on Saudi facility
SYDNEY, Sept 16 — Oil prices surged to six-month highs today while Wall Street futures turned lower and safe haven bets returned after weekend attacks on Saudi Arabia's crude facilities knocked out ...
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Oil prices surge 15% after attack on Saudi facilities hits global supply
NEW YORK: Oil prices surged more than 15% to their highest level in nearly four months at the open on Sunday after an attack on Saudi Arabia's oil facilities on Saturday...
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Afghan, US forces kill Taliban governors, fighters
Afghan forces backed by US forces killed two senior Taliban leaders and at least 38 fighters of the hardline insurgent group in joint airstrikes conducted in northern and western regions of Afghanista...
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Attacks on Saudi oil facilities knock out half the kingdom's supply
Yemen’s Iran-aligned Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, knocking out more than half the Kingdom’s output, in a move expected to sen...
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Large US banks sweating the move to lower interest rates
NEW YORK, Sept 15 — President Donald Trump’s attacks on the US Federal Reserve make financial markets cringe, but his demand for zero interest rates makes banks sweat.
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Pulse on freight signals US economic contraction by year-end
ONE vital sign of the American economy is pointing toward growth turning negative by the end of the year.
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Ringgit’s upward momentum to continue next week
KUALA LUMPUR, Sept 14 — The improved global sentiment following easing US-China trade tensions is expected to continue driving the ringgit upward next week, moving between 4.15 and 4.1750 against th...
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Erdogan to discuss with Trump buying US Patriot missiles
Turkish President Tayyip Erdogan said he will discuss buying US Patriot missiles with President Donald Trump this month, saying his personal bond with the US leader could overcome a crisis caused by A...
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Global stocks, bond yields lifted by US-China trade hopes
EW YORK, Sept 13 — A gauge of global stocks rose for an eighth straight day and benchmark government bond yields climbed yesterday after signs of progress in US-China trade talks, as well as a solid...
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Investors await rate cuts and trade talks
REVIEW: As the European Central Bank unveiled a fresh volley of stimulus measures on Thursday, among them a further 10 basis-point cut to its negative interest rate...
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US presidential hopefuls told to learn from Dr M
PETALING JAYA: Democrats vying to be the next US president could learn a thing or two from Tun Dr Mahathir Mohamad, wrote journalist Jonah Blank in an opinion piece in American publication The Atlantic.
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Global Forex Market
THE US dollar depreciated 0.1% to 98.309 following improving trade discussions between China and the United States, encouraging investors to flock to risk assets.
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