Wed, 21 Aug 2019, 4:51 AM
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Topic: Middle East

Malay Mail:
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HONG KONG, Aug 20 — Most Asian markets rose today on the back of hopes for central bank and government stimulus measures around the world, while investors were also cheered by further signs of easin...
EdgeProp.my:
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KUALA LUMPUR (Aug 20): Singapore’s owner-operator of purpose-built workers accommodation (PBWA) Centurion Corp Ltd is expanding in Malaysia, which will include a new asset in Johor that offers 3,600...
The Edge Markets:
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KUALA LUMPUR (Aug 20): Singapore’s owner-operator of purpose-built workers accommodation (PBWA) Centurion Corp Ltd is expanding in Malaysia, which will include a new asset in Johor that offers 3,600...
The Star:
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LONDON: Lazard Ltd.’s success working on the blockbuster Saudi Aramco bond sale this year has put it in pole position to secure a coveted spot on the oil giant’s second attempt at the world’s largest initial public offering.
The Star:
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KUALA LUMPUR: Sime Darby Oils (SDO) has entered into a strategic partnership with Abu Dhabi Vegetable Oil Company (ADVOC) to market oils and fats products in the Middle East and North Africa (MENA).
Malay Mail:
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LONDON, Aug 20 ― London's FTSE 100 bagged gains yesterday led by oil majors and Asia-exposed banks that rose on moves by China to keep business interest rates low, while pub operator Greene King hel...
The Star:
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NEW YORK: Oil prices gained roughly 2% on Monday after a weekend attack on a Saudi oil facility by Yemen's Houthi forces threatened crude supplies and as traders looked for signs that top economies would take measures to counteract a global slowdown.
The Edge Markets:
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KOTA KINABALU (Aug 19): The Sabah state government is ready to forge ties with foreign investors, particularly those from neighbouring countries, to jointly develop relevant industries, said chief min...
The Edge Markets:
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KUALA LUMPUR (Aug 19): Sime Darby Plantation Bhd's downstream unit Sime Darby Oils Sdn Bhd has entered into a strategic partnership with Abu Dhabi Vegetable Oil Company (ADVOC) to market oils and fats...
The Star:
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KUALA LUMPUR: Sime Darby Oils (SDO) and Dr. B.R.Shetty owned Abu Dhabi Vegetable Oil Company (ADVOC) are teaming up to market oils and fats products in the Middle East and North Africa (MENA) region.
Malay Mail:
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LONDON, Aug 19 — Sharp rises in oil company shares drove Britain’s FTSE 100 higher today, after an attack on a Saudi oil facility by Yemeni separatists pushed crude prices higher, while Asia-expos...
The Star:
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816 BIG World campaign rewards BIG Members with even more AirAsia BIG Points.
Malaysiakini:
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YOURSAY | ‘No, and writing ABC does not make us Christians, the proof is right in front of you.’ Does writing ABC make us Christians, mufti weighs in on khat debate Vijay47: Good try, Perlis mufti...
The Star:
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HONG KONG: Standard Chartered is targeting growing its private banking assets by 50% to about US$100bil in three to five years and will hire dozens of bankers in Hong Kong and Singapore towards that goal, a senior executive of the lender said.
The Borneo Post:
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Liew (wearing cap), flanked by William (on her left) and Drs Jansen, and others (from left : Biswajit, Bobby, Noredah, Augustine, Henry and Alexander) at the Mount Gede Pangrango National Park in West...
The New York Times:
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Advertisement Supported by By Kenneth P. Vogel WASHINGTON — Elliott Broidy had the kind of past that might have given a more traditional White House reason to keep him at a distance: A wealthy busin...
The Star:
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HONG KONG: Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years and will hire dozens of bankers in Hong Kong and Singapore towards that goal, a senior executive of the lender said.
Malay Mail:
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TOKYO, Aug 14 ― The yen edged higher today as currency investors took a sceptical view of US President Donald Trump's decision to delay additional tariffs on some Chinese goods.
The Edge Markets:
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KUALA LUMPUR (Aug 13): Tien Wah Press Holdings Bhd’s net profit for the second quarter ended June 30, 2019 (2QFY19) dropped 68.5% to RM1.2 million, from RM3.81 million a year earlier, on higher cost...
CarSifu:
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DUBAI: W Motors has announced that all 10 of its ultra-exclusive Fenyr SuperSport Launch Editions have been sold.
Tech in Asia:
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China-based digital payments firm QFPay has received US$20 million in funding to further drive its global expansion efforts.
The Star:
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Amazon.com Inc-backed food-delivery service Deliveroo announced an abrupt retreat from Germany after more than four years, a casualty of increasingly cut-throat competition tearing through the industry.
The Edge Markets:
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MALAYSIA Airlines Bhd has set its sights on joint ventures (JVs) as a way forward to improve its financial situation, says an industry source close to the matter, as it grapples with overcapacity, hig...
The Star:
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WHEN Indian diners order biryani online from Rebel Foods, they’re greeted with a culinary history of the fragrant, slow-cooked rice dish.
The Star:
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Oil dropped as U.S. President Donald Trump said planned trade talks with China next month could be called off, stoking concerns the deepening dispute will damage global growth.
Free Malaysia Today:
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In an ultimately vain attempt to quell the storm within his own ranks over the khat controversy, DAP’s Lim Kit Siang remarked that he had studied Jawi and it didn’t make him any less Chinese.
Malay Mail:
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KUALA LUMPUR, Aug 10 — Controversial Mumbai-born Islamic preacher Dr Zakir Naik extolled Tun Dr Mahathir Mohamad’s courage before a crowd of tens of thousands during a public lecture in PAS-led Ke...
The Edge Markets:
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Under Pax Americana, neo-liberal free market philosophy was business-friendly because as long as the US provided the global security umbrella, the business of America was business.
Tech in Asia:
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Jollychic, a Chinese cross-border ecommerce platform focused on the Middle East, has secured US$65 million from UAE tech giant G42 Group in a series C+ funding round.
Digital News Asia:
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MEDIA Prima Digital on Aug 7 announced a new partnership with global digital media company Ziff Davis, a division of J2 Global, to operate IGN Southeast Asia for entertainment and gaming fans in Malay...
theSun:
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NEW DELHI: Malaysia will engage with European Union (EU) politicians to remove their misconceptions about the palm oil business, said Primary Industries Minister Teresa Kok Suh Sim (pix).
Malaysiakini:
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Malaysia will engage with European Union politicians to remove their misconceptions about the palm oil industry, says Primary Industries Minister Teresa Kok.
The Edge Markets:
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NEW DELHI (Aug 7): Malaysia will engage with European Union (EU) politicians to remove their misconceptions about the palm oil business, said Primary Industries Minister Teresa Kok Suh Sim.
Malay Mail:
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NEW DELHI, Aug 7 — Malaysia will engage with European Union (EU) politicians to remove their misconceptions about the palm oil business, said Primary Industries Minister Teresa Kok Suh Sim.
The Edge Markets:
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KUALA LUMPUR (Aug 7): Enest Group Bhd, which debuted on the LEAP market of Bursa Malaysia this morning, is planning to export its bird nest products to Dubai and New Zealand in the near future.
CarSifu:
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Abdel Haleem using Doroob Navigator as he drives his car at an Israeli checkpoint in Ramallah.
The Edge Markets:
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KUALA LUMPUR (Aug 6): Malaysia, as well as other countries in the region, should take more fiscal and monetary policy measures to support the domestic economy given that external headwinds are intensi...
theSun:
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TEHRAN: An Iranian general said on Sunday the chances of a conflict breaking out in the Gulf region have decreased, after a spate of hostile acts in the key waterway.
Malaysiakini:
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President Hassan Rouhani said on Thursday that Iran was ready for the worst in an uphill struggle to salvage its nuclear deal with world powers abandoned by the United States, but that he was sure Teh...
CarSifu:
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KUALA LUMPUR: Goodyear Malaysia today announced the appointment of Alex Ng as its managing director.
The Edge Markets:
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(July 31): Asian stocks are set to decline amid pessimism over U.S.-China trade talks and mixed corporate earnings.
The Edge Markets:
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AS Pos Malaysia Bhd grapples with its bread-and-butter snail mail and courier businesses, its aviation ground services provider segment, operating under Pos Aviation, is also under investor scrutiny.
The Edge Markets:
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KUALA LUMPUR (July 29): Malaysian palm oil futures on Monday shed early gains, easing from a seven-week high, in line with weaker crude oil and soyoil prices on the Chicago Board of Trade (CBOT). The ...
The Star:
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KUALA LUMPUR: The FBM KLCI extended its decline by 5.62 points in the early session to 1,642.34 as markets awaited the US rate cut decision later this week.
The Edge Markets:
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KUALA LUMPUR (July 29): Malaysian palm oil futures edged higher in early trade on Monday to a seven-week high, tracking overnight gains in US soyoil on the Chicago Board of Trade (CBOT) and strength i...
The Star:
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TOKYO: Oil prices fell on Monday after Iran described emergency talks on a multi-party nuclear agreement with a group of signatories as "constructive", suggesting an easing of tensions in the Middle East.
The Star:
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I WOULD like to express my shock at the Water, Land and Natural Resources Minis­ter’s statement that “we are not equipped to address the water shortage”.
The Star:
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ANY company involved with import and export knows that drastic forex fluctuations and price uncertainties are not good for business. This is especially true for small and medium enterprises (SMEs), which often face cash flow and margin challenges.
The Star:
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DUBAI: Saudi Basic Industries Corp.’s second-quarter profit plunged 68%, missing the lowest analyst estimate, as chemical prices declined.
Malay Mail:
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PONTIAN, July 27 — The Agriculture and Agro-based Industry Ministry is holding discussions with China on exporting Malaysia’s honey jackfruit and swiftlet nests following the success of its frozen...
Free Malaysia Today:
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PONTIAN: Government officials are holding discussions with China on exporting Malaysia’s honey jackfruit and swiftlet nests following the successful export of frozen whole musang king durians and MD...
The Star:
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SINGAPORE: Oil is set for a weekly increase as US crude stockpiles tighten and as lingering tensions surrounding Iran stoke concerns that energy flows from the Middle East may be disrupted.
kopiandproperty.com:
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Juwai.com, the leading Chinese website for buyers of overseas property, and IQI Global, the top real estate network in Southeast Asia and the Middle East, today announced they would merge to create As...
The Star:
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KUALA LUMPUR: The FBM KLCI slipped below the 50-day simple moving average on Friday following news that the European Central Bank was holding its interest rate steady.
The Star:
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A visit to Tanzania proves to be educational with its fascinating history, cultural diversity and spectacular wildlife.
Malaysiakini:
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COMMENT | Turkey may seem to be drifting.
The Star:
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SenseTime Group Ltd, one of the world’s most valuable artificial-intelligence startups, is setting up a hub in Abu Dhabi for Europe, Middle East and Africa with plans to hire hundreds of engineers.
The Star:
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NEW YORK: Oil prices fell 1% on Wednesday, failing to draw lasting support from a large decrease in U.S. crude stockpiles as investors worried about global oil demand.
theSun:
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PUTRAJAYA: The Housing and Local Government Ministry is finalising schemes for first-time homebuyers, including rent-to-own schemes.
EdgeProp.my:
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PUTRAJAYA (July 24): More easy homeownership schemes for first-time homebuyers including rent-to-own schemes are expected to be ready in September.
Malay Mail:
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KUALA LUMPUR, July 24 — The ringgit closed slightly higher against the US dollar today on the back of firmer oil and commodity prices, a dealer said.
The Star:
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PUTRAJAYA: Malaysia has introduced the "Muslim-Friendly Hotel Recognition" initiative, a form of accreditation which recognises syariah compliant accommodation for tourists.
The Star:
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SINGAPORE: UBS sees oil climbing to US$70 to US$75 on better-than-expected demand growth seen at 1.2 million barrels per day, or slightly better this year, compared to consensus of one million to 1.1 million barrels a day, Wayne Gordon, executive director for commodities and foreign exchange says in interview in Singapore.
The Star:
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KUALA LUMPUR: The domestic market made a guarded advance on the heels of Wall Street's positive performance as news of trade talks next week and strong corporate earnings helped to lift the gloom.
The Star:
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HOUSTON: Oil rose to almost $64 on Tuesday, jumping late in the session after the head of U.S. Central Command said the United States may have taken down a second Iranian drone over the Strait of Hormuz last week.
kopiandproperty.com:
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Press Release – Juwai.com and IQI Global merger creates Asiaʼs biggest proptech group for global property Juwai.com, the leading Chinese website for buyers of overseas property, and IQI Global, the...
Malay Mail:
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KUALA LUMPUR, July 23 — Expectations of monetary easing by major central banks such as the European Central Bank (ECB) and the US Federal Reserve (Fed) have boosted most equities markets, including ...
Malay Mail:
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LONDON, July 23 — Oil edged further above US$63 (RM259) a barrel today, supported by rising tensions in the Middle East after Iran’s seizure of a British tanker last week, although signs of falter...
Tech in Asia:
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Real estate companies Juwai.com and IQI Global announced a merger to form Juwai-IQI, a global proptech group specialized in new development properties.
The Star:
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KUALA LUMPUR: The FBM KLCI held fast above the 50-day simple moving average as it rebounded slightly in Tuesday trading amid generally positive sentiment over central bank rate cuts.
Free Malaysia Today:
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PETALING JAYA: A study has shown that many Malaysians with negative perceptions of refugees have never met one before.
The Star:
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KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today as traders stayed cautious ahead of a widely expected US interest rates cut later this month.
Malay Mail:
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NEW YORK, July 23 ― US stocks gained ground yesterday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in US-China trade tal...
The Star:
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NEW YORK: Oil prices rose more than 1% on Monday, as investors worried about possible supply disruptions in the energy-rich Middle East after Iran's seizure of a British tanker last week.
The Star:
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NEW YORK: U.S. stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in U.S.-China trade talks and increasing geopolitical tensions sent oil prices climbing.
The Edge Markets:
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KUALA LUMPUR (July 22): The government is committed to supporting local technology companies to become multinational corporations through the Global Acceleration and Innovation Network (GAIN) programm...
Malay Mail:
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KUALA LUMPUR, July 22 — The government is committed to supporting local technology companies to become multinational corporations through the Global Acceleration and Innovation Network (GAIN) progra...
e27:
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China’s new board for tech shares starts trading – TechCrunch China’s new stock market STAR Market began operating today with 25 tech companies listed on the Science and Technology Innovation B...
Tech in Asia:
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Indian digital payment solutions provider PayMate has banked US$25 million in a series D round from Visa, Recruit Strategic Partners, and Brand Capital, Entrackr reported.
Malay Mail:
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KUALA LUMPUR, July 22 — The ringgit ended slightly lower today against the US dollar as investors remained on the sidelines ahead of the release of key economic data from both Malaysia and the Unite...
Malay Mail:
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KUALA LUMPUR, July 22 — Bursa Malaysia closed in the red territory today on mild selling in selected heavyweights, namely in the industrial products and services, financial services and plantation c...
The Edge Markets:
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KUALA LUMPUR (July 22): The FBM KLCI index closed a marginal 0.17% lower today to 1,655.40 points, in line with regional markets weathering uncertainties stemming from a number of factors, including t...
Malay Mail:
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LONDON, July 22 ― London's main index held steady today as oil heavyweights rose amid heightened tensions in the Middle East, while energy firm Centrica fell on reports of a dividend cut and Ted Bak...
Malay Mail:
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LONDON, July 22 ― European shares were flat to marginally higher in early trading today, with Italian shares recovering some ground after a bout of selling driven by political nerves as all eyes mov...
The Edge Markets:
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KUALA LUMPUR (July 22): The FBM KLCI remained in the negative zone at the midday break today, in line with the decline at most regional markets.
The Star:
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KUALA LUMPUR: The FBM KLCI started the week on a negative note as global equities stumbled on expectations of a lower policy rate cut by the US Federal Reserve.
Malay Mail:
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SYDNEY, July 22 ― The dollar drifted higher today as investors tempered their expectations for deep US interest rate cuts this month and heightened Middle East tensions supported safe-haven assets.
The Edge Markets:
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KUALA LUMPUR (July 22): The FBM KLCI fell 0.28% at mid-morning today, tracking regional markets, weighed by select index-linked blue chips.
Malay Mail:
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KUALA LUMPUR, July 22 ― Shares on Bursa Malaysia were mixed at the opening, amid the cautious underlying market environment weighed down by fresh geopolitical concerns in the Middle East.
The Star:
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KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today as investors waited on a widely expected US rate cut to give a clear lead.
The Edge Markets:
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KUALA LUMPUR (July 22): The ringgit opened slightly lower against the US dollar today as investors waited on a widely expected US rate cut to give a clear lead.
Malay Mail:
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KUALA LUMPUR, July 22 ― The ringgit opened slightly lower against the US dollar today as investors waited on a widely expected US rate cut to give a clear lead.
Malay Mail:
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TOKYO, July 22 ― Asia stocks eased today as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizu...
The Star:
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KUALA LUMPUR: Bursa Malaysia started Monday on a cautious note, tracking the weaker key Asian markets as investors expected a smaller interest rate cut by the US Federal Reserve.
The Star:
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TOKYO: Oil prices rose on Monday amid high tensions in the Middle East after a British tanker was seized by the Iranian military at the end of last week.
The Star:
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SYDNEY: The dollar held recent gains on Monday as investors tempered some of their expectations for deep U.S. interest rate cuts this month and heightened Middle East tensions supported safe-haven assets.
The Star:
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TOKYO: Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizure of a British tanker lifted crude oil prices.
Malay Mail:
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KUALA LUMPUR, July 21 — Inspector-General of Police Datuk Seri Abdul Hamid Bador credits Malaysia’s counter terrorism success to the sharing of information with international counterparts who have...
The Star:
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The dollar erased its weekly gains, closing marginally lower by 0.02% to 96.8 after the US Federal Reserve’s Williams commented on the need for the central bank to “act quickly” as economic growth slows, fuelling market players to add bets on a 50-basis point (bps) cut in July’s FOMC meeting.
The Star:
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Huawei said 28 of 50 commercial contracts for 5G that it signed globally are with operators in Europe.