Tue, 21 May 2019, 6:37 AM
ADVERTISE with The Malaysian Pulse!

Topic: New York

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NEW YORK, May 20 — US stocks were set to open sharply lower today, as fears over the impact on major technology companies from the United States’ crackdown on China’s Huawei Technologies added t...
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NEW YORK, May 20 — Intel, Qualcomm, Xilinx and Broadcom will not supply Huawei with crucial microchips and processor until further notice, Bloomberg reported citing source familiar with the matter.
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PARIS: Boeing Co has won a hard-fought contest to sell wide-body aircraft to Air New Zealand Ltd, beating a challenge from Europe’s Airbus, industry sources said on Monday.
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NEW YORK, May 20 — Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source ...
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NEW YORK: Alphabet Inc's Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world.
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NEW YORK, May 19 — US retailer stocks have moved from buoyant to bruised this year and the intensification of the US-China trade war makes them especially vulnerable because consumer products would ...
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NEW YORK, May 19 — Rage 2 chucks its story out of the window in favor of exceptional gun combat, dream state puzzle adventure The Gardens Between wanders onto iPhone and iPad, and A Plague Tale make...
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NEW YORK, May 18 — The vibe at a gathering this week for blockchain enthusiasts felt decidedly less exuberant than its predecessor a year ago after dizzying swings in bitcoin.
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NEW YORK: The U.S. Commerce Department may soon scale back restrictions on Huawei Technologies after a recent blacklisting made it nearly impossible for the Chinese company to purchase goods made in the United States, a department spokesperson said on Friday.
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NEW YORK: Oil prices edged lower on Friday due to demand fears amid a standoff in Sino-U.S. trade talks, but both benchmarks ended the week higher on rising concerns over supply disruptions in Middle East shipments due to U.S.-Iran political tensions.
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NEW YORK: U.S. retailer stocks have moved from buoyant to bruised this year and the intensification of the U.S.-China trade war makes them especially vulnerable because consumer products would be targeted in the next round of threatened tariff increases.
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NEW YORK: Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years.
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HONG KONG, May 17 — Asian markets were mixed today as another rally on Wall Street and data indicating a strong US economy were offset by the increasingly tense trade and technology stand-off betwee...
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WASHINGTON: President Donald Trump appears to have earned less from his vast financial empire last year as licensing royalties, rents and golf revenues fell at some properties, his financial disclosure shows.
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NEW YORK, May 17 — Bayer AG plans to argue that a US$2 billion (RM8.34 billion) jury award and thousands of US lawsuits claiming its glyphosate-based weed killer Roundup causes cancer should be toss...
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NEW YORK, May 17 — Longtime video game console rivals Microsoft and Sony yesterday announced an alliance to improve their platforms for streaming entertainment from the internet cloud.
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NEW YORK, May 17 — Some executives from US companies that sell clothing, food and other products warn that costs related to the latest round of tariffs on goods from China will be passed along to co...
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NEW YORK, May 17 — Wall Street closed higher yesterday as upbeat earnings and strong economic data put investors in a buying mood, with technology companies leading the charge.
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NEW YORK: Oil futures were up more than 1% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its crude infrastructure
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NEW YORK: Wall Street closed higher on Thursday as upbeat earnings and strong economic data put investors in a buying mood, with technology companies leading the charge.
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NEW YORK, May 16 — Wall Street stocks rose early today following solid US data and better-than-expected results from Dow members Cisco and Walmart.
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NEW YORK, May 16 — Walmart reported a jump in first-quarter earnings today on higher US store sales and eCommerce growth following heavy investment in new “omnichannel” retail ventures.
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NEW YORK, May 16 — As spotted by Engadget, a report by South Korean news outlet Yonhap News describes how Samsung is fixing the biggest problems with the flexible Galaxy Fold.
The Edge Markets:
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KUALA LUMPUR (May 16): The FBM KLCI remained lacklustre at the midday break today as data showed that Malaysia's economy grew 4.5% in the first quarter of 2019, down from 5.3% a year earlier.
Tech in Asia:
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Chinese ecommerce giant Alibaba Group Holding projected that its annual revenue will surpass 500 billion yuan (US$72.7 billion) this financial year despite a trade war between the US and China.
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JAKARTA: Indonesia is drafting ambitious plans for more than $400 billion in building projects, from constructing 25 airports to new power plants, as the government seeks to stoke growth in Southeast Asia’s largest economy, according to the country’s planning minister.
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A 1986 "Rabbit" sculpture by American pop artist Jeff Koons sold for US$91.1 million in New York on Wednesday, a record price for a work by a living artist, Christie's auction house said.
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NEW YORK: Billionaire George Soros' investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc's convertible bonds due in 2021 by 17.5 million convertible bonds to 37.5 million convertible bonds as of the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission late Wednesday.
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NEW YORK: Exports of the Permian Basin’s newest kind of oil are set to jump as production surges, exceeding the appetite of US refiners.
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NEW YORK: Walmart Inc has confirmed it’s mulling an initial public offering (IPO) for its Asda unit after UK antitrust regulators blocked a planned merger with rival J Sainsbury Plc.
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NEW YORK, May 16 — US stocks closed higher yesterday as reports that US President Donald Trump would hold off on imposing tariffs on imported cars and parts eased growth concerns even as economic da...
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WASHINGTON/NEW YORK: The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” - a move that bans the telecom giant from buying parts and components from U.S. companies without U.S. government approval.
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NEW YORK: Oil futures inched up on Wednesday as the prospect of mounting tensions in the Middle East hitting global supplies overshadowed an unexpected build in U.S. crude inventories.
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NEW YORK: Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos
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NEW YORK: U.S. stocks closed higher on Wednesday as reports that U.S. President Donald Trump would hold off on imposing tariffs on imported cars and parts eased growth concerns even as economic data disappointed investors
Malay Mail:
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NEW YORK, May 15 — US stocks pared losses today after US President Donald Trump decided to delay tariffs on auto imports by up to six months.
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NEW YORK, May 15 — Ford Motor Co plans to start production of new luxury Lincoln models in China for that market as they are launched, starting with the new Corsair later this year, to benefit from ...
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KUALA LUMPUR (May 15): New York based co-working platform WeWork officially launched its space in Equatorial Plaza, Kuala Lumpur today.
The Star:
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HONG KONG (Bloomberg): Revenue at China’s biggest e-commerce company rose 51% to 93.5 billion yuan (US$13.6bil) in the three months ended in March, above the 91.7 billion-yuan average of analysts’ estimates compiled by Bloomberg. Adjusted earnings-per-share was 8.57 yuan, topping projections for 6.5 yuan.
The Edge Markets:
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KUALA LUMPUR (May 15): New York based co-working platform WeWork officially launched its space in Equatorial Plaza, Kuala Lumpur today.
Malaysiakini:
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Goldman Sachs Group Inc’s board of directors are seeking a US federal court dismissal of a shareholder derivative suit filed in relation to the bank’s alleged links to the multibillion-dollar 1MDB...
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NEW YORK, May 15 — England's National Health Service said it had reached a deal to pay for US drugmaker Biogen Inc's expensive spinal muscle atrophy treatment Spinraza.
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NEW YORK: Equity markets will need to drop at least 10% for President Trump to talk up the prospects of a G-20-timed deal with China, according to a Raymond James policy analyst.
Malay Mail:
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NEW YORK, May 15 — Retail colossus Walmart yesterday began offering free next-day deliveries of online purchases, aiming to counter rival Amazon in the race to get orders to consumer doorsteps.
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NEW YORK, May 15 — US stocks yesterday reclaimed some of the ground lost in the prior day's steep sell-off, with tariff-sensitive technology stocks leading the S&P 500 and the Nasdaq higher as inves...
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NEW YORK: Oil prices rose over 1% on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni-armed movement aligned to Iran had attacked facilities belonging to state oil company Aramco
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NEW YORK, May 14 — Wall Street stocks rose early today, winning back a fraction of the losses suffered in a broad sell-off in the prior session caused by fears over the escalating US-China trade war...
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NEW YORK: Monetary policy makers around the world should review their strategies to prepare for a future of slow economic growth and low interest rates, Federal Reserve Bank of New York President John Williams said.
The Star:
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Three years ago, the beginning of the end of the US television business looked certain when one of the largest ad buying agencies vowed to move a big chunk of its purchases to YouTube from TV budgets.
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Facebook Inc said on May 13 it was raising its minimum wage for all US contract workers, reacting to rising costs of living as it faces intense scrutiny over the treatment of ordinary employees and their pay.
Tech in Asia:
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Singapore-based college admissions platform Cialfo has raised US$3 million in a series A round led by Luxembourg-based DLF Ventures.
Digital News Asia:
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CIALFO, a college admissions platform headquartered in Singapore, has raised US$3 million (RM12.47 million) in Series A funding led by DLF Venture with support from SEEDS Capital (the investment arm o...
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NEW YORK, May 14 — Apple Inc yesterday rolled out a new television-watching app for its devices and some Internet-connected TVs, an effort to gain more revenue from reselling other companies’ prog...
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Amazon wants employees to quit their jobs to haul packages.
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NEW YORK, May 14 — Uber stocks went into a fresh skid yesterday — more bad news for the global ride-hailing giant, which endured steep declines in its hotly anticipated market debut last week.
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NEW YORK, May 14 — China’s move to retaliate against the latest US tariffs pummelled global stocks yesterday, with Wall Street suffering an especially bruising blow amid fears the year-long confli...
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NEW YORK: Bitcoin surged to more than US$8,000 late on Monday, its highest level since July last year, as the cryptocurrency's rally gained further momentum.
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NEW YORK: Oil futures fell on Monday with Wall Street, as the negative turn in the U.S.-Chinese trade talks spooked investors, who had sent oil higher in early trade on concerns about reports of sabotage attacks on tankers in the Middle East that could disrupt supplies.
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NEW YORK: Global stock markets tumbled on Monday and the Chinese yuan weakened to its lowest level since December as the trade war between the United States and China escalated..
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NEW YORK, May 13 — As time is drawing closer to the launch of Apple’s next iPhone lineup, rumors, leaks, and renders continue to crop up, building up an idea of how the next collection of smartpho...
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NEW YORK, May 13 — Boeing is “confident” US-China trade talks will yield an agreement, a Boeing spokesman said today after Beijing retaliated against higher US tariffs and the aircraft manufactu...
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NEW YORK, May 13 — Uber shares went into a fresh skid today — more bad news for the global ride-hailing giant, which endured steep declines in its hotly anticipated market debut last week.
The Star:
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NEW YORK: Uber Technologies Inc shares fell as much as 10% on Monday, doubling losses since its poorly-received Wall Street debut on Friday and raising more questions about investors' faith in its ability to make profits.
The Star:
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NEW YORK: Wall Street's main indexes fell more than 2% on Monday after Beijing announced plans to retaliate with higher tariffs on U.S. goods, raising fears that another round of tit-for-tat measures could push the U.S. economy toward recession.
Malay Mail:
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NEW YORK, May 13 — Wall Street stocks plunged in pre-market trading today after China announced new tariffs and reports from China signalled additional possible measures, including announcing Boeing...
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TOKYO, May 13 — Tokyo stocks opened lower today, with investors wary about renewed trade tensions between the United States and China after talks failed to achieve a deal.
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KUALA LUMPUR: In just a year of his tenure as Malaysia’s seventh Prime Minister, Tun Dr Mahathir Mohamad has been recognised as one of the world’s most influential men.
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CHINESE investors manoeuvred around heightened geopolitical tensions to make record-level investments into US startups in 2018, but increasingly hostile conditions will likely lead to a drop-off in Chinese funding for this year, according to a new report.
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THE Ministry of Trade, Industry and Energy has unveiled plans to help small and medium exporters advance in the global market using online platforms. The plan was jointly announced by the ministries of finance, SMEs and culture.
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KUALA LUMPUR (Bernama): In just a year of his tenure as Malaysia's seventh prime minister, Tun Dr Mahathir Mohamad has been recognised as one of the world's most influential men.
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KUALA LUMPUR, May 12 — In just a year of his tenure as Malaysia's seventh prime minister, Tun Dr Mahathir Mohamad has been recognised as one of the world’s most influential men.
theSun:
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KUALA LUMPUR: In just a year of his tenure as Malaysia’s seventh prime minister, Tun Dr Mahathir Mohamad has been recognised as one of the world’s most influential men.
Free Malaysia Today:
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NEW YORK: US prosecutors brought additional charges against Low Taek Jho, or Jho Low, accused of looting the 1MDB wealth fund, for campaign-finance violations related to President Barack Obama’s 201...
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NEW YORK, May 11 ― A gauge of world equity markets rebounded and the dollar pared losses yesterday after President Donald Trump said US-China trade talks were constructive, easing tensions that push...
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PETALING JAYA (May 10): Kuala Lumpur continues to be the fourth least expensive city in Asia to build in, according to the “International Construction Costs 2019” report published by Arcadis, the ...
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NEW YORK: Stock valuations have climbed to levels reached just before Wall Street's late 2018 plunge, leaving the market at risk of shocks such as the sell-off this week as global trade tensions mounted
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NEW YORK: U.S. stocks rebounded from early losses on Friday to snap a four-day losing streak after U.S. President Donald Trump and Treasury Secretary Steven Mnuchin said trade talks between the United States and China were "constructive."
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PETALING JAYA (May 10): Kuala Lumpur continues to be the fourth least expensive city in Asia to build in, according to the “International Construction Costs 2019” report published by Arcadis, the ...
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NEW YORK, May 10 — Uber made its Wall Street debut today, starting with an eye-popping US$82 billion (RM341 billion) valuation in a milestone for the ride-hailing industry amid lingering doubts abou...
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NEW YORK, May 10 — Wall Street stocks dipped early today as the United States followed through on a threat to increase tariffs on Chinese imports, while investors awaited the market debut of Uber.
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SAN FRANCISCO, May 10 — Uber, set to make its stock market debut in one of the largest technology share offerings, has become a disruptive force in local transportation and generated its share of co...
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NEW YORK, May 10 ― In an interview with Fast Company, the creative director of Google’s emoji programme announced that the company is launching 53 new gender fluid emoji this week for Pixel phones...
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NEW YORK, May 10 ― Video games are enormously popular in the United States, with 164 million people ― or 65 per cent of adults ― playing regularly, according to a study released yesterday.
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NEW YORK (May 10): Federal prosecutors are expected to charge former rap star Pras Michel as soon as Friday with campaign-finance violations related to President Barack Obama’s 2012 re-election camp...
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Rankings were compiled by categorising Instagram posts from different destinations by hashtag in the year to March 2019.
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The average American videogamer is 33 years old, prefers to play on their smartphone and is spending big on content – 20% more than a year ago and 85% more than in 2015, a report showed on May 9.
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NEW YORK, May 10 — Uber geared up yesterday for its Wall Street debut with a massive share offering that is a milestone for the ride-hailing industry and the so-called “sharing economy,” but whi...
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NEW YORK, May 10 — Wall Street's main indexes fell yesterday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after US President Donal...
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NEW YORK: Wall Street's main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible.
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NEW YORK, May 9 — Occidental Petroleum chief executive Vicki Hollub was caught off guard when US oil giant Chevron swooped in last month with a US$33 billion (RM137.1 billion) offer to buy Anadarko ...
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NEW YORK, May 9 — The Japanese yen surged to a three-month high against the dollar today, with the Swiss franc at a one-month high as investors sought out the safe-haven currencies, fearing the US-C...
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NEW YORK, May 9 — US stocks tumbled today, with focus on a high-stakes meeting between the United States and China that could decide the fate of a long-awaited trade deal, even as additional tariffs...
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NEW YORK, May 9 — Chevron Corp abandoned its pursuit of Anadarko Petroleum Corp today, outmanoeuvred by a higher rival bid of US$38 billion (RM159.8 billion) that included more than three times as m...
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NEW YORK, May 9 — Uber Technologies Inc will price its initial public offering today, the most high-profile US listing since Facebook Inc seven years ago, against a backdrop of turbulent financial m...
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Uber drivers in New York, Chicago and London participated in a series of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in ...
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TBILISI, May 9 — When MacKenzie Fegan boarded a flight from New York to Mexico City, nobody asked for a passport or boarding card.
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A YEAR ago, Malaysia ushered in the Pakatan Harapan government with much hope and expectations.
Malaysiakini:
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When MacKenzie Fegan boarded a flight from New York to Mexico City, nobody asked for a passport or boarding card.
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NEW YORK, May 9 ― The benchmark S&P 500 fell yesterday for the third day in a row as investors remained cautious about the latest developments on US-China trade talks even after hopeful comments fro...
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LONDON, May 9 ― Uber drivers in London and New York started a series of multi-city strikes yesterday to protest the disparity between gig-economy conditions and the sums that investors are likely to...