Wed, 19 Jun 2019, 9:31 PM
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Topic: Mexico

Tech in Asia:
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Apple has asked its major suppliers to assess the monetary impact of moving 15% to 30% of its hardware production capacity from China to Southeast Asia as part of plans to restructure its supply chain...
The Star:
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Apple Inc has asked its major suppliers to assess the cost implications of moving 15% to 30% of their production capacity from China to South-East Asia as it prepares for a restructuring of its supply chain, according to a Nikkei Asian Review report on June 19.
Carlist.my:
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Globally, deliveries are of sedans of all sizes and segments have been on a downtrend.
The Star:
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KUALA LUMPUR: Offshore investors were back in selling mode on Bursa last week, according to MIDF Research.
The Edge Markets:
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KUALA LUMPUR (June 17): Foreign funds dumped RM415.3 million of local equities on Bursa Malaysia last week, after having acquired RM350 million in the prior week, according to MIDF Amanah Investment B...
Malay Mail:
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TOKYO, June 14 — Asian stocks were subdued today ahead of key Chinese data that could provide more clues on how heavily the US-Sino trade war is weighing on the economy, while oil prices were suppor...
Malay Mail:
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NEW YORK, June 13 — Stock markets pulled back yesterday amid lingering trade war worries, with Asian markets also buffeted by unease over massive civil protests in Hong Kong.
CarSifu:
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DETROIT: When you recycle plastic bottles, do you ever stop and think about where that plastic ends up?
Malay Mail:
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KUALA LUMPUR, June 12 — The ringgit rose against the US dollar this morning as fears of a trade war between the US and Mexico simmered down, a dealer said.
The Star:
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KUALA LUMPUR: The ringgit rose against the US dollar on Wednesday morning as fears of a trade war between the US and Mexico simmered down, a dealer said.
Malaysiakini:
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US President Donald Trump brandished a document on Tuesday confirming details of a regional asylum project agreed with Mexico to stave off threatened tariffs, saying the plan was “secret” even tho...
The Edge Markets:
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KUALA LUMPUR (June 12): The ringgit rose against the US dollar on Wednesday morning as fears of a trade war between the US and Mexico simmered down, a dealer said.
The Edge Markets:
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(June 12): Asian stocks looked set to open mixed Wednesday after U.S. equities halted a five-day winning streak and Treasuries steadied.
Malay Mail:
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WASHINGTON, June 12 — US President Donald Trump yesterday defended the use of tariffs as part of his trade strategy while China vowed a tough response if the United States insists on escalating trad...
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...
The Star:
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WASHINGTON: U.S. President Donald Trump on Tuesday insisted there was more to the migrant deal with Mexico announced over the weekend, even after Mexican officials unveiled new details of the agreement, and waved around a document that he said proved his point.
The Star:
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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.
The Star:
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NEW YORK: US stocks extended their winning streak, joining a global rally in riskier assets amid optimism on the outlook for trade talks and speculation U.S. monetary policy will be supportive. Treasuries were steady.
Malay Mail:
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NEW YORK, June 11 — US stocks opened higher today, edging back toward record territory, as signs of more fiscal stimulus from China and some easing of last week’s tensions around Mexico buoyed inv...
AutoBuzz.my:
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With 609,000 customers worldwide taking delivery of a compact Mercedes-Benz (one in three are compact models) and a total of 2,600 units of the Mercedes-Benz GLC and GLE delivered in Malaysia last yea...
The Edge Markets:
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KUALA LUMPUR (June 11): The FBM KLCI dropped 0.26% today, bucking the regional upward trend, as profit taking emerged on selected index-linked counters, for instance banking stocks.
Malay Mail:
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LONDON, June 11 ― Longer-dated euro zone government bonds led a selloff in the bloc today, as a pick up in risk sentiment globally took the shine off a stellar rally in fixed income.
Malay Mail:
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TOKYO, June 11 ― The yen eased today as investors' risk appetite ticked up after the United States shelved plans to impose tariffs on Mexico, though fresh US trade threats against China tempered ove...
The Star:
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KUALA LUMPUR: The FBM KLCI pared losses as it entered midday as better-than-expected industrial output in April helped to mitigate profit-taking activities.
The Edge Markets:
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KUALA LUMPUR (June 11): The FBM KLCI reversed its earlier gains and fell at mid-morning today, dragged by losses at UMW Holdings Bhd and Tenaga Nasional Bhd.
Malay Mail:
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TOKYO, June 11 ― Asian stocks made modest gains today after the Trump administration shelved plans for tariffs against Mexico, lifting Wall Street, however, fresh US trade threats against China are ...
The Star:
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KUALA LUMPUR: The ringgit was unchanged with an upside bias against the US dollar on Tuesday morning as trade tension between the US and Mexico de-escalate, a dealer said.
The Edge Markets:
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KUALA LUMPUR (June 11): The ringgit was unchanged with an upside bias against the US dollar on Tuesday morning as trade tension between the US and Mexico de-escalate, a dealer said.
The Edge Markets:
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KUALA LUMPUR (June 11): The ringgit was unchanged with an upside bias against the US dollar on Tuesday morning as trade tension between the US and Mexico de-escalate, a dealer said.
Malay Mail:
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KUALA LUMPUR, June 11 ― The ringgit was unchanged with an upside bias against the US dollar this morning as trade tension between the US and Mexico de-escalate, a dealer said.
The Star:
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KUALA LUMPUR: Blue chips fell in early Tuesday trade in the absence of strong leads despite the firmer overnight close on Wall Street.
The Star:
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TOKYO: Asian stocks made modest gains on Tuesday after the Trump administration shelved plans for tariffs against Mexico, lifting Wall Street, however, fresh U.S. trade threats against China are expected to limit any major investor sentiment boost.
Malaysiakini:
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Mexico will today put on trial two veteran organisers of migrant caravans in a move that rights activists said was aimed at appeasing the Trump administration after an agreement last week that averted...
Malay Mail:
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WASHINGTON, June 11 ― US President Donald Trump renewed his threat yesterday to impose tariffs on Mexico as controversy erupted over what exactly is in the countries' new migration deal, which the M...
Malay Mail:
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NEW YORK, June 11 ― US stocks extended their recent climb yesterday, with the Dow reaching its longest daily winning streak in 13 months after the United States dropped plans to impose tariffs on Me...
The Star:
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DUBAI: Two opposing forces are at play in emerging markets. The first is excitement over the dollar’s decline as speculation grows that the US will cut rates soon. And the second is dread over President Donald Trump’s trade war.
The Edge Markets:
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(June 11): Asian stocks look set for a mixed start as investor focus returned to the U.S.-China trade arena.
Malay Mail:
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LONDON, June 11 ― London's main index jumped to a more than one-month high yesterday as a US-Mexico deal to avert proposed tariffs lifted global markets, while tour operator Thomas Cook surged on a ...
Malay Mail:
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NEW YORK, June 11 ― Equities around the world rose yesterday while US Treasury prices fell as risk assets were in demand after the United States shelved plans to impose tariffs on Mexico, easing wor...
The Star:
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NEW YORK: U.S. stocks extended their recent climb on Monday, with the Dow reaching its longest daily winning streak in 13 months after the United States dropped plans to impose tariffs on Mexican goods and a couple of multibillion-dollar deals boosted the market.
Malay Mail:
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JUNE 10 — Wall Street’s main indexes climbed today, as investors were relieved after the United States abandoned its plans to impose tariffs on Mexican goods.
Malay Mail:
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WASHINGTON, June 10 — President Donald Trump today hinted more details were to come about a migration pact the United States signed with Mexico last week, saying another portion of the deal with Mex...
The Edge Markets:
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KUALA LUMPUR (June 10): The FBM KLCI closed up 6.14 points or 0.37% today, tracking Asian stock market gains amid US interest rate cut speculation and after the US suspended plans to impose tariffs on...
Malay Mail:
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KUALA LUMPUR, June 10 — Bursa Malaysia closed higher across the board today, in line with Asian peers lifted by positive external developments surrounding the market, dealers said.
The Star:
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KUALA LUMPUR: The FBM KLCI continues to gain ground Monday as market sentiments were boosted by the US-Mexico deal to avert a tariff war and optimism for a rate cut by the US Federal Reserve.
Malay Mail:
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JUNE 10 — Strong Chinese export data and the US-Mexico deal to avoid new import tariffs bolstered the mood on European stock markets today, while car company shares also got a lift from signs of mov...
Malay Mail:
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LONDON, June 10 — London’s main index gained today as a US-Mexico deal to avert proposed tariffs boosted global sentiment, while top UK tour operator Thomas Cook surged on signs of a bid for its m...
The Star:
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SINGAPORE: Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook.
The Edge Markets:
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KUALA LUMPUR (June 10): The FBM KLCI rose 0.38% at the midday break today, as gains in Genting Bhd, IHH Healthcare Bhd and Tenaga Nasional Bhd lifted the local bourse in line with regional markets.
The Star:
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KUALA LUMPUR: The FBM KLCI extended its early morning lead to end 6.28 points higher at 1,655.61 at midday.
The Edge Markets:
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KUALA LUMPUR (June 10): Malaysian palm oil futures fell to a two-week low in early trade on Monday, weighed down by losses in overnight soyoil on the U.S. Chicago Board of Trade.
The Edge Markets:
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KUALA LUMPUR (June 10): The FBM KLCI rose 0.31% at mid-morning today, tracking the gains at regional markets, lifted by select index-linked blue chips.
The Star:
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KUALA LUMPUR: The ringgit continued its rally to open higher against the US dollar on Monday morning, bolstered by the de-escalation in trade tension between the US and Mexico, amid higher expectations for the US Federal Reserve to reduce the interest rates.
The Edge Markets:
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KUALA LUMPUR (June 10): The ringgit continued its rally to open higher against the US dollar on Monday morning, bolstered by the de-escalation in trade tension between the US and Mexico, amid higher e...
The Edge Markets:
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KUALA LUMPUR (June 10): The FBM KLCI rose in early trade Monday, tracking regional markets, but gains were seen limited.
Malay Mail:
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KUALA LUMPUR, June 10 — The ringgit continued its rally to open higher against the US dollar this morning, bolstered by the de-escalation in trade tension between the US and Mexico, amid higher expe...
Malay Mail:
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TOKYO, June 10 — US stock futures and Asian shares rose today after the United States dropped its threat to impose tariffs on Mexico in a deal to combat illegal migration from Central America, while...
The Star:
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TOKYO: U.S. stock futures and Asian shares rose on Monday after the United States dropped its threat to impose tariffs on Mexico in a deal to combat illegal migration from Central America, while weak U.S. jobs data raised hopes for U.S. interest rate cuts.
The Star:
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KUALA LUMPUR: The FBM KLCI started the week with a lift on Wall Street's Friday rally coupled with news over the weekend that Washington had dropped its plan to impose tariffs on Mexican imports.
The Star:
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SINGAPORE: Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief that the United States and Mexico averted a trade war that would have damaged the global economy.
The Edge Markets:
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(June 10): Asia stocks looked set for gains Monday and U.S. equity futures climbed after President Donald Trump suspended his plans for tariffs on Mexico.
The Star:
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LONDON: In 1873, three wooden barrels of distilled liquor derived from a prickly plant arrived in El Paso, Texas, an early export north of the Mexican border from the makers of Jose Cuervo.
The Star:
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NEW YORK: U.S. equity futures rose when trading resumed on Sunday after the United States and Mexico struck a deal late Friday to avert a tariff war, with Mexico agreeing to meet U.S. demands to stem the flow of illegal Central American migrants
Malay Mail:
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FUKUOKA, June 9 — The world’s top financial policymakers admitted today that trade tensions had worsened, posing a risk for the global economy, after a G20 meeting that laid bare differences betwe...
Malay Mail:
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WASHINGTON, June 9 — US President Donald Trump touted yesterday his last-minute deal averting tariffs on Mexico, a plan economists warned would have been disastrous for both countries, saying the ag...
Malay Mail:
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FUKUOKA, June 8 — Bank of Japan Governor Haruhiko Kuroda today maintained his view the global economy will recover in the latter half of this year, but warned that uncertainties remain as fallout fr...
The Star:
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Although in general, the ongoing trade war between the United States and China is not positive for the world economy, there are certain countries that can benefit from it.
Free Malaysia Today:
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KUALA LUMPUR: The upward momentum on Bursa Malaysia is likely to continue next week as sentiment in the market remains positive backed by favourable external developments, a dealer said.
Malay Mail:
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KUALA LUMPUR, June 8 — The upward momentum on Bursa Malaysia is likely to continue next week as sentiment in the market remains positive backed by favourable external developments, a dealer said.
The Star:
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NEW YORK: Wall Street's major indexes charged higher on Friday, as sharply slowing U.S. job growth boosted hopes for Federal Reserve interest rate cuts while optimism about potential progress in U.S. trade fights with China and Mexico added to risk appetites.
The Star:
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TOYOTA Motor Corp has long tracked President Donald Trump’s trade threats toward Japan, not to mention tweets slamming the automaker for building a new plant in Mexico. Yet when the United States actually imposed tariffs on aluminium and steel imports last year, Toyota’s crisis management kicked into an entirely different realm.
The Star:
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The US Federal Open Market Committee (FOMC) is expected to meet on June 18 and June 19 to decide if at all a rate cut is on or will the members decide to remain uncommitted on the direction of the US interest rates after taking that neutral view the last round. In the last FOMC meeting in early May, the committee concluded that they remain patient on any rate moves as economic data showed robustness, while inflationary threat remains imaginary then. Hence, the Fed Fund Rate (FFR) was held steady at the 2.25-2.50 range.
Malay Mail:
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MEXICO CITY, June 8 — Huang Chao came to Mexico looking for business, not friends, but the Chinese sales manager says he found unexpected common ground with his prospective clients on one thing: Don...
Malay Mail:
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WASHINGTON, June 8 — US job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which c...
Malay Mail:
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WASHINGTON, June 7 — The United States intends to apply punitive tariffs on imports from Mexico on Monday despite progress in talks on stemming migration, White House spokeswoman Sarah Sanders said ...
Malay Mail:
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NEW YORK, June 7 — Wall Street stocks rose at the open today following a weak US jobs report that bolstered expectations that the Federal Reserve could soon cut interest rates.
Malay Mail:
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LONDON, June 7 — European shares climbed today as hopes that central banks would loosen policy offset trade friction and the threat of global recession, putting them on track for their best week in ...
Malay Mail:
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KUALA LUMPUR, June 7 — Bursa Malaysia closed higher across the board today, buoyed by improved market sentiment as well as on hopes of a rate cut by the United States, dealers said.
The Star:
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THE ringgit climbed against the dollar on Friday, thanks to higher oil prices, however most other currencies were tepid ahead of the release of a U.S. jobs report later in the session.
Malay Mail:
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FRANKFURT, June 7 ― European stocks were in recovery mode today after a cautious message from the European Central Bank hit investors' appetite for risk in the previous session, with traders eyeing ...
Malay Mail:
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KUALA LUMPUR, June 7 ― Bursa Malaysia resumed the afternoon session in positive territory on continuous buying support in index-linked counters and small capitalisation stocks.
Malay Mail:
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LONDON, June 7 ― Sharp rises in Shell and BP shares helped Britain's main stock index gain for the fifth consecutive session today, as signs of a softening in the US-Mexico trade tensions lifted mar...
The Star:
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TOKYO: Oil prices rose more than 1% on Friday, climbing further away from five-month lows hit earlier in the week after a report that Washington could postpone trade tariffs on Mexico and amid signs that OPEC and other producers may extend their supply cuts.
The Edge Markets:
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(June 7): The Malaysian ringgit climbed against the dollar on Friday, thanks to higher oil prices, however most other currencies were tepid ahead of the release of a US jobs report later in the sessio...
The Edge Markets:
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KUALA LUMPUR (June 7): Malaysian palm oil futures edged lower in early trade on Friday, reversing some gains made when tracking soyoil recovery on the US Chicago Board of Trade (CBOT) in the previous ...
Malay Mail:
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MEXICO CITY, June 7 ― The financial assessment agency Fitch Ratings downgraded Mexico state oil company Mexican Petroleum (Pemex) from BBB- to BB+ yesterday, while Moody's revised its outlook rating...
The Star:
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NEW YORK: The yen and franc could benefit if global trade conflicts spur a slowdown in cross-border direct-investment activity, according to Goldman Sachs Group Inc.
The Star:
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KUALA LUMPUR: The FBM KLCI held on to early gains as the local market picked up in its first trading session after the Hari Raya Aidifiltri holiday.
Tech in Asia:
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The extradition battle over Meng Wanzhou, Huawei’s chief financial officer, could run until at least October 2020 according to plans announced by the British Columbia Supreme Court on Thursday.
The Star:
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WASHINGTON: Vice President Mike Pence said the U.S. still plans to impose tariffs on Mexico next week, as American and Mexican officials planned further talks aimed at defusing a crisis between the two countries over the flow of undocumented migrants into the U.S.
The Star:
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KUALA LUMPUR: Can-One Bhd, Seacera Group Bhd Yee Lee Corp Bhd and Yong Tai Bhd are among the stocks to watch on Friday, according to JF Apex Research.
The Edge Markets:
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KUALA LUMPUR (June 7): The FBM KLCI opened up today after US stocks rose overnight on news reports, which indicated the US may delay tariffs on Mexican imports.
Malay Mail:
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KUALA LUMPUR, June 7 ― Bursa Malaysia rebounded from Tuesday's loss to open higher this morning as improved market sentiment fuelled demand for riskier assets.
Malay Mail:
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KUALA LUMPUR, June 7 ― The ringgit continued its upward momentum against the greenback today, bucking the trend of regional peers due to Malaysia’s stable economic fundamentals.
The Star:
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KUALA LUMPUR: The ringgit continued its upward momentum against the greenback today, bucking the trend of regional peers due to Malaysia’s stable economic fundamentals.
The Star:
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KUALA LUMPUR: The FBM KLCI rose on Friday, tracking a three-day climb on Wall Street on growing optimism over a US Federal Reserve policy rate cut and an overnight report that Washington was considering a delay on tariffs of Mexican imports.
Malay Mail:
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LONDON, June 7 ― London's main index rose as investors bet central banks would soon ease policy in response to concerns about global growth, though the rally was dampened after the European Central ...
Malay Mail:
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WASHINGTON, June 7 ― Officials of the US Federal Reserve and International Monetary Fund warned separately yesterday that global trade tensions and rising tariffs posed an increasing risk to decades...
The Star:
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NEW YORK: Wall Street's main indexes closed higher after a choppy session on Thursday as investors grew more optimistic on trade after reports that the United States is considering a delay in imposing tariffs on Mexican imports.
Malay Mail:
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NEW YORK, June 7 ― Wall Street's main indexes closed higher after a choppy session yesterday as investors grew more optimistic on trade after reports that the United States is considering a delay in...