Tue, 25 Jun 2019, 2:18 PM
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Topic: European Union

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NEW YORK, June 25 — Music streaming service Spotify Technology SA pays Apple Inc a 15 per cent fee on about 680,000 of its 100 million premium customers, Apple disclosed in a response to Spotify’s...
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There is “absolutely no evidence” that outside forces such as Russia used Facebook to target users and influence Britain’s vote to leave the European Union, the world’s biggest social network ...
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ZURICH, June 25 — The Swiss government said yesterday it was ready to ban stock exchanges in the European Union from trading Swiss shares — intensifying a row over a stalled partnership treaty.
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LONDON: Despite the uncertainty about the future of London property and Brexit woes, investor sentiment of the Malaysian-backed redevelopment Battersea project remains strong with the project generating decent residential sales volume in the last one year.
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FRANKFURT: A slump in German business confidence deepened in June as trade tensions weighed on manufacturers.
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KUALA LUMPUR (June 24): Nearly 80% of Malaysian residents agree that palm oil is a healthier option to soyoil, according to the result of a recent survey by the UCSI Poll Research Centre.
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LONDON (June 24): Investors’ confidence in the Malaysian-led Battersea Power Station redevelopment project in the city is solid despite Brexit woes.
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BEIJING, June 24 — China said today it would seek backing for free trade and multilateralism at the G20 summit this week as it denounced protectionism while it fights a tariffs war with the United S...
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PETALING JAYA: Tun Dr Mahathir Mohamad says it is high time Asean member countries took special efforts to increase trade within the grouping.
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WASHINGTON: The drumbeat for a Federal Reserve interest rate cut is getting louder, with one policy maker calling for a 50 basis point reduction.
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ANGKOK, June 23 — Sluggish intra-Asean trade was one of the main concerns raised during the 34th Asean Summit, Prime Minister Tun Dr Mahathir Mohamad said today.
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PETALING JAYA: PAS should retract its claim that Umno members are kafir (infidels) before forging ties with the party, says Prime Minister Tun Dr Mahathir Mohamad.
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WASHINGTON: The drumbeat for a Federal Reserve interest rate cut is getting louder, with one policy maker calling for a 50 basis point reduction.
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Boris Johnson, the favourite to be the next British prime minister, reiterated his desire to leave the European Union in October with or without a deal as he avoided questions at a campaign event on S...
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LONDON, June 21 — Sterling today slipped to a whisker off recent five-month lows against the euro after Brexiteer Boris Johnson moved closer to becoming British prime minister, worrying investors th...
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The compact crossover segment is one of the most hotly contested markets for manufacturers, and much of the effort that goes into developing new models is focused in this area.
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LONDON, June 21 — Bank of England (BoE) Governor Mark Carney has dismissed a claim by Boris Johnson, the frontrunner in the race to become prime minister, that Britain can avoid the hit of European ...
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BRUSSELS, June 21 — European Union (EU) leaders agreed yesterday to prolong until the end of January 2020 economic sanctions against Russia over the turmoil in Ukraine, a spokesman for the bloc said...
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BRUSSELS, June 20 — Irish Prime Minister Leo Varadkar warned today there is “enormous hostility” in the European Union to allowing Britain to delay Brexit once again to seek new concessions from...
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KUALA LUMPUR: A former Chinese diplomat has cautioned against buying into the presumption that Malaysia will benefit from the trade war between the US and China.
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LONDON, June 20 — The prospect of Britain crashing out of the European Union without a deal has risen since last month, the Bank of England warned today, as it kept interest rates unchanged.
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LONDON: Sterling rallied on Thursday, bringing its two-day gains to more than 1.3% as traders prepared to see whether the Bank of England would stick to its message of interest rate hikes even after the Federal Reserve signalled it could soon ease policy.
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Russian Ambassador to the European Union Vladimir Chizhov spoke to RT from Brussels on Wednesday, to comment on the new findings of the Joint Investigation Team's MH17 investigation.Prosecutors in Nie...
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LUXEMBOURG, June 19 — The European Union’s second highest court ruled today that Adidas’s three-stripe branding was invalid as a trademark as it lacked a distinctive character.
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LONDON, June 19 — Guernsey, Jersey and the Isle of Man plan by 2023 to publish the currently secret information on ownership of companies registered in the UK crown dependencies, they announced toda...
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Brexit campaigner Boris Johnson took a step closer to becoming Britain’s next prime minister on Tuesday, winning 40 percent of votes in the second round of a contest on a firm promise to leave the E...
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BEIJING, June 19 — China will suspend pork imports from Canada’s Frigo Royal after traces of a banned feed additive were found in its shipments, state media said yesterday, amid a diplomatic row b...
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LONDON, June 18 — Signs that arch-Brexiteer Boris Johnson may be a step closer to becoming Britain’s next prime minister sent the pound tumbling to a five-month low versus the euro today as invest...
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Acting US Defense Secretary Patrick Shanahan announced on Monday the deployment of about 1,000 more troops to the Middle East for what he said were defensive purposes, citing concerns about a threat f...
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KUALA LUMPUR: Malaysian Prime Minister Mahathir Mohamad on Monday (Jun 17) hit out at the international community's negative perceptions of the palm oil industry, while stating that palm oil cultiva...
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LONDON: The International Monetary Fund has proposed that the European Union improve transparency, regulatory oversight and insolvency rules in its proposals to create a stronger capital market system, a senior IMF official said.
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Anti-corruption campaigner Zuzana Caputova was sworn in as Slovakia's first female president on Saturday, vowing to fight impunity and champion justice in a country shaken by a journalist's murder las...
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LUXEMBOURG, June 14 — The European Union looks increasingly likely to impose disciplinary procedures on Italy over the management of its huge public debt, after inconclusive meetings today between t...
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LONDON, June 14 — The British pound fell again today as investors trimmed their positions after Brexiteer Boris Johnson moved closer to becoming the next prime minister, with sterling on track for i...
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THE HAGUE, June 14 — Europe’s Baltic states are at risk from further Russian money laundering, a top European police official said after several big banks were hit by scandals centred on the regio...
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LONDON: Threatening to leave the European Union without a deal isn’t likely to win Britain concessions from the bloc, the country’s biggest business group said in a warning to candidates jostling to succeed Prime Minister Theresa May.
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BEIJING, June 14 — China said today that it was raising anti-dumping duties on certain alloy-steel seamless tubes and pipes used at utilities and imported from the United States and the European Uni...
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LONDON, June 13 — The pound held near a five-month low against the euro today after Boris Johnson won by far the most support from Conservative lawmakers in the first round of the contest to replace...
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LUXEMBOURG, June 13 — The European Union’s push to bring Italy into line with the bloc’s fiscal rules intensified today as top officials called for new measures to address budget shortfalls and ...
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France’s Marine Le Pen unveiled a new far-right group in the European Parliament on Thursday, uniting eurosceptics from across the continent who aim to devolve power from Brussels back to capitals.
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Boris Johnson, who has pledged to deliver Brexit on Oct.
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LONDON, June 13 — The pound slipped today as concern grew about a leadership contest in Britain that may lead to a disorderly departure from the European Union.
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LONDON, June 13 — Sales of debt from Italy, Spain and Portugal have drawn strong investor demand despite the record low yields they offered and some expectation that the European Union will discipli...
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Facebook Inc, Google and Apple Inc are all at risk of hefty fines if the European data protection regulator probing them finds they violated European Union privacy rules.
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LONDON: Tesco Plc started the financial year on a downbeat note as the U.K.’s largest retailer said sales were held back by the political turmoil over the country’s plan to leave the European Union.
The Star:
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I REFER to the letter “Tough road for the elderly to traverse” (The Star, June 13).
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HONG KONG, June 13 — Asian markets fell again today with Hong Kong suffering a second straight day of heavy losses as investors fret over the impact of protests in the city and plans to introduce a ...
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HONG KONG, June 12 — Asian markets fell today after two days of healthy gains, with Hong Kong the worst performer — sinking two per cent as a huge anti-government protest paralysed key roads in th...
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ROME, June 12 — The European Union moved closer yesterday to taking disciplinary action over Italy's growing debt, as authorities in Rome made tentative steps to avert a procedure that could saddle ...
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Russian police abruptly dropped drugs charges on Tuesday against journalist Ivan Golunov, a rare U-turn by the authorities in the face of anger from his supporters who had alleged he was framed for hi...
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BRUSSELS, June 11 — The European Union’s chief executive warned Switzerland today that it needs to sign a new partnership treaty before June 18 that is central to maintaining Swiss stock exchange ...
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LONDON, June 11 — Bank of England Deputy Governor Ben Broadbent added his voice to reminders from the central bank that it still wants to raise interest rates, but one of his colleagues, Gertjan Vli...
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LONDON, June 11 — Britain and China will hold the next round of talks about their economic and financial ties on June 17, Britain’s finance ministry said today.
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LONDON, June 11 — Sterling hit a new five-month low against the euro and struggled versus the dollar today, as rival candidates for the role of British prime minister laid out their plans and invest...
The Star:
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London's booming technology sector could be making even faster progress if the gridlock over Brexit wasn't depriving thousands of start-ups and big tech companies of the certainty they need over policy, London mayor Sadiq Khan said on June 10.
The Star:
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ON May 2, the Trump Administration decided to enforce Title 111 of the Helms-Burton Act.
The Star:
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LONDON: British construction firms report having almost a third less work in the pipeline than a year ago, with Brexit and the collapse of larger contractors a major worry, an annual survey of subcontractors showed on Tuesday.
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MILAN, June 10 — Italian Deputy Prime Minister Matteo Salvini expressed confidence that Rome would be able to reach an accord with the European Union over public finances ahead of a key coalition me...
Carlist.my:
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When the first generation Toyota Prius was launched in 1997, many laughed at Toyota’s quirky hybrid.
The Star:
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LONDON/PARIS:Boris Johnson, the favorite to succeed Theresa May as Britain's prime minister, said on Sunday he would withhold payment of the country's European Union exit bill to try and get a better deal - a move that drew an immediate rebuke from France.
Free Malaysia Today:
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On May 2, the Trump administration decided to enforce Title 111 of the Helms-Burton Act.
Malay Mail:
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PARIS, June 7 — A ban on buying telecoms equipment from Chinese firms would add about €55 billion (RM258 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months, ...
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LONDON, June 7 — Sterling was on course for its first weekly gain in five today, helped mostly by a weakening dollar rather than because traders feel more confident that Britain can avoid a no-deal ...
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BRUSSELS: The European Union has mandated that from 1st July, all new private and commercial electric and hybrid vehicles with four or more wheels must have an Acoustic Vehicle Alert System (AVAS) fit...
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JUNE 7 — China is in a tight spot.
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COMMENT | China is in a tight spot.
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LONDON, June 7 ― Britain's finance minister Philip Hammond said he would press the Group of 20 leading economies this weekend to introduce a global tax on the revenues of online giants such as Googl...
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LONDON, June 6 — Ford said it would close its plant in Bridgend, south Wales, next year because of falling demand for some if its engines, putting 1,700 jobs at risk in a further blow to Britain’s...
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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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LONDON: Ford is expected to announce on Thursday that it is closing its engine facility in Wales, a source told Reuters, putting at risk 1,700 jobs in what would be the latest blow to Britain’s car industry.
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TOKYO, June 6 — Top financial policymakers from the world’s 20 most powerful nations gather this weekend in Japan as a protracted US-China trade war clouds the global economy with no end in sight.
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WASHINGTON, June 6 — France today will propose a new tax on flights in Europe to encourage travellers to switch to less polluting forms of transport, a source in the transport ministry told AFP.
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BRUSSELS, June 5 — The European Commission laid out a proposed €168-billion (RM785.9-billion) budget for 2020 today, based on Britain continuing to pay into it under an as-yet unratified Brexit ag...
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PETALING JAYA: Malaysia has the slowest marathon runners worldwide, according to a study.
The Star:
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Facebook Inc may be ordered to remove offensive content posted by users in the European Union and then also hunt for similar posts anywhere in the world, an adviser to the bloc’s top court said.
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As many developed markets trend towards even stricter exhaust emission regulations and safety standards, minicars and compact cars will be the collateral damage as the cost comply to the new regulatio...
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RIO DE JANEIRO, June 4 ― Brazil's government said yesterday it had suspended beef exports to China after an “atypical” case of mad cow disease was identified in the state of Mato Grosso, an agri...
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LONDON, June 3 — London’s main stock market index fell to a near three-month low today as an exchange of trade threats between Washington and Beijing stoked fears of a slide into recession as econ...
The Star:
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IF you measure the strength of the euro zone economies using hard data like quarterly gross domestic product reports, things look pretty decent. But soft data is painting a gloomier picture.
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NEW YORK: Investors may still be underestimating the full risk to the global economy from a trade war, even after US stocks capped the worst month of the year.
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YOURSAY | ‘A common currency is only workable if all participating countries have same standards economically.’ Mahathir proposes common East Asia currency pegged to gold Anonymous_1527925538: Goo...
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SEOUL: Airlines have urged regulators to coordinate on software changes to the Boeing 737 MAX in a bid to avoid damaging splits over safety seen when the aircraft was grounded in March.
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SEOUL: Airbus has written to airline leaders to appeal for their backing in a trade dispute with rival Boeing, warning of higher aircraft prices and passenger fares if the United States and European Union descend into a tariff war.
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SEOUL, June 2 — Airlines urged regulators today to coordinate on software changes to the Boeing 737 MAX in a bid to avoid damaging splits over safety seen when the aircraft was grounded in March.
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NEW YORK: "Sell in May and go away" is a popular saying on Wall Street based on the S&P 500's historical underperformance from May through October. With a host of uncertainties fuelling fears of a global slowdown, this could be one of the years when the adage holds true.
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SAN FRANCISCO, June 1 — The US Department of Justice is preparing an anti-trust investigation of Internet titan Google, the Wall Street Journal reported today.
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On top of a slowing car market, Chinese car dealers now have to deal with rising inventories of older models that don’t meet the latest China 6 (similar to Euro 6) emission standards, which was unex...
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LONDON, May 31 — Leaving the European Union without a deal will cause severe long-term damage to Britain’s competitiveness, one of the country’s main business groups warned the 12 candidates hop...
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LONDON, May 30 — British car output almost halved in April as factories imposed shutdowns in the face of Brexit uncertainty and other sector-wide headwinds, industry data showed today.
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Apple Inc publicly defended its App Store from mounting criticism over its treatment of rivals in a new blog post detailing its functions and guidelines.
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TOKYO, May 30 — G20 countries are planning a new tax policy for digital giants like Google, based on the business a company does in a country, not where it is headquartered, the Nikkei business dail...
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LONDON: British car production collapsed last month by the largest amount since the global financial crisis as factories shut down for a Brexit that never came, industry figures showed on Thursday.
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LONDON, May 29 — With no sign Sino-US trade tensions will let up and fears of an Italy-European Union confrontation growing again, the global bond rally accelerated today, as investors dumped shares...
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GREECE’S banks have staged a spectacular stock market rally this year. Shares of two of the country’s top four lenders - Piraeus Bank SA and National Bank of Greece SA - have more than doubled. The possibility of a change in government has spurred the latest bump - but investors’ optimism may be premature.
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TOKYO, May 29 ― The dollar managed to hold on to most of its overnight gains today after investors scooped up safe-haven assets, including US Treasuries, on lingering fears of a further escalation i...
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LONDON, May 28 — The euro dipped today as investors nervous about trade tensions bought into the safe-haven dollar and fretted that political risks in Europe remain high, even though pro-Europe part...
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The EU's strict data laws have set the global benchmark for protecting personal information online since coming into force a year ago, but some worry that many users have barely noticed the change.
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MAY 28 ― It started with the most terrifying and as in recent days, a political turmoil.
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TOKYO, May 28 ― The dollar nudged up against its key rivals in early trade today as investors waited on more catalysts after the European Union parliamentary elections showed a polarisation of the 2...
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KUALA LUMPUR: The ringgit opened slightly lower against the US dollar on Tuesday morning weighed down by the decline in oil prices, a dealer said.