Wed, 17 Jul 2019, 3:18 PM
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Topic: Reuters

The Edge Markets:
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KUALA LUMPUR (July 17): The FBM KLCI lost 0.42% at the midday break today as sentiment remained negative while most of the indices on Bursa Malaysia were mired in the red.
The Edge Markets:
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KUALA LUMPUR (July 17): Perusahaan Otomobil Kedua Sdn Bhd (Perodua) raised its 2019 sales volume target by 4,000 cars or 1.73% to 235,000 vehicles from the previously estimated 231,000 units after vol...
Tech in Asia:
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Indian hospitality chain Oyo has bought local co-working startup Innov8 as it ventures into the commercial real estate business under the brand Oyo Workspaces, Reuters reported.
The Star:
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Visa Inc said on July 17 it has invested in Indonesia's Go-Jek as part of the ride-hailing company's ongoing Series F fundraising round.
The Edge Markets:
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SINGAPORE (July 17): Signals are mixed for palm oil, as it failed to break a resistance at RM1,984 per tonne.
SINGAPORE | Signals | Wang Tao | RM1 | RM2 | Reuters | RM2 | 001 | RM1 | 984 | RM1 | 944 | RM1 | 966 | RM1 | 916 | RM2 | 059 | July 10 | July 17
The Edge Markets:
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KUALA LUMPUR (July 17): The government is still in negotiations with parties involved in the Trans-Sabah Gas Pipeline (TSGP) over the reclamation of monies paid for the project and the amount of compe...
Malaysiakini:
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The US House of Representatives voted on Tuesday to condemn President Donald Trump for “racist comments” against four minority Democratic congresspersons, a symbolic measure aimed at shaming Trump...
The Edge Markets:
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KUALA LUMPUR (July 17): The FBM KLCI fell 0.28% at mid-morning today as market breadth turned negative in line with the weaker regional markets.
Malaysiakini:
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The United States on Tuesday announced sanctions on the Myanmar military’s Commander-in-Chief Min Aung Hlaing (above) and other military leaders it said were responsible for extrajudicial killings o...
The Edge Markets:
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KUALA LUMPUR (July 17): The FBM KLCI trended lower in early this morning, tracking regional markets and dragged by index-linked Tenaga Nasional Bhd, Press Metal Aluminium Holdings Bhd and IHH Healthca...
The Star:
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SYDNEY: Australia’s central bank would cut interest rates again “if needed” to support employment, wages growth and inflation, having already eased twice since June to a record low of 1%.
Malaysiakini:
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Italian police have seized a large arsenal of weapons, including an air-to-air missile, in raids on neo-Nazi sympathizers, they said on Monday.
Malay Mail:
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LONDON, July 17 — The cryptocurrency market took a beating yesterday with bitcoin losing over 10 per cent in value after US lawmakers grilled Facebook on its cryptocurrency plans, as political and r...
The Borneo Post:
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A combination photo shows a Colombian man who was arrested at Barcelona airport after police found half a kilo of cocaine hidden under his wig.
Malay Mail:
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WASHINGTON, July 16 — Members of the US Senate and House of Representatives introduced bills today to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about President Donald Trump...
Lowyat.NET:
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The US government may soon approve licenses that would allow several of its own companies to restart trade with Huawei once more.
The Star:
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Hackers stole thousands of Bulgarians' personal financial data and distributed it from a Russian-based email in an attack possibly related to the purchase of new F-16 fighter jets from the United States, the government said on July 16.
The Edge Markets:
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KUALA LUMPUR (July 16): The FBM KLCI closed down 3.43 points or 0.21% as investors appeared to favour Bursa Malaysia's lower liner and small market-capitalisation (small cap) stocks over large cap ent...
Malay Mail:
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HONG KONG, July 16 — Hong Kong retailers said today they expect sales for July and August to drop by double-digits from a year earlier due to protests that have gripped the Chinese-ruled city for mo...
Malay Mail:
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LONDON, July 16 — The pound sank to a six-month low against the euro today after a debate between the two candidates vying to be Britain’s next prime minister re-ignited worries about a no-deal Br...
The Star:
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KUALA LUMPUR: Bursa Malaysia ended down on Tuesday as investors fretted over slower growth in China and the corporate earnings in the US to gauge the health of the world’s biggest economy.
Malay Mail:
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LONDON, July 16 — Philip Green’s fashion empire Arcadia Group said today it received applications from legal entities of US-based property group Vornado challenging two of its seven planned Compan...
AsiaOne:
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Five years ago on Wednesday, Malaysia Airlines flight MH17 was blasted out of the sky over war-torn eastern Ukraine with the loss of all 298 people on board.
Malaysiakini:
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The China government and Chinese companies will cut business ties with United States firms selling arms to Taiwan, China's Foreign Ministry said yesterday, declining to give details of the sanctions i...
The Edge Markets:
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KUALA LUMPUR (July 16): The FBM KLCI eased at the midday break after a short-lived rebound on Monday, and dipped 0.31% against the backdrop of firmer regional markets.
Lowyat.NET:
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It’s been a little more than a month since Facebook announced its digital currency, Libra, and less than a week after Donald Trump lambasted cryptocurrency.
The Star:
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The Chinese video app TikTok will store Russian users’ data locally to comply with Russian law, the communications watchdog Roskomnadzor said on Monday after a meeting with the company.
The Star:
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Alphabet Inc's Google LLC was hit on July 15 with a US lawsuit alleging it copied a smaller firm's patented digital advertising technology.
Malaysiakini:
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An undersea earthquake with a magnitude of 6.1 struck south of Indonesia's Bali today, the European earthquake monitoring agency EMSC said, causing some residents and visitors on the tourist island to...
The Edge Markets:
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KUALA LUMPUR (July 16): The FBM KLCI fell 0.26% at mid-morning today, weighed by select index-linked blue chips while regional markets edged upward.
Malay Mail:
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SHANGHAI, July 16 — Asian shares inched up today as traders awaited US retail sales data and more corporate earnings to gauge the health of the world’s biggest economy, with markets remaining focu...
The Star:
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TOKYO: Japanese Trade Minister Hiroshige Seko said on Tuesday it was "regrettable" that the South Korean government had made what he said was an erroneous explanation after the two sides sat down for a working-level meeting over Japan's export controls.
Malaysiakini:
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The Trump administration on Monday unveiled a new rule to bar almost all immigrants from applying for asylum at the southern border, requiring them to first pursue safe haven in a third country throug...
The Star:
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SINGAPORE: Singapore Exchange’s (SGX) regulatory unit is proposing imposing price limits for daily stock auctions to prevent incidents such as the US$41bil flash crash in January that briefly roiled shares in conglomerate Jardine Matheson.
The Star:
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BEIJING: China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure.
The Star:
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SHANGHAI: China’s Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation.
The Star:
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LOS ANGELES: US consumers are expected to spend a combined $26 billion on music and video subscription services this year, according to new estimates from the Consumer Technology Association.
The Star:
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PARIS: French carmaker PSA Group’s vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajectory of the Peugeot manufacturer’s recovery.
SoyaCincau.com:
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U.S. companies could resume selling their goods to Huawei in as early as two weeks, according to U.S. officials.
Malay Mail:
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LONDON, July 15 — The British pound fell back towards six-month lows against the dollar and the euro today, with traders still nervous about a loss of momentum in the UK economy, the prospect of an ...
The Edge Markets:
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KUALA LUMPUR (July 15): Malaysian palm oil futures climbed on Monday to their highest in more than a week, tracking strength in U.S. grains on the Chicago Board of Trade (CBOT) and related edible oils...
The Straits Times:
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KUALA LUMPUR (REUTERS) - Malaysia seized 1 billion ringgit (S$329.98 million) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), Prime Minister Mahathir Mohamad said on...
The Star:
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KUALA LUMPUR: Late fund buying of Tenaga Nasional pushed the FBM KLCI into the positive zone on Monday while key Asian markets climbed following encouraging economic data from China.
The Edge Markets:
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KUALA LUMPUR (July 15): The FBM KLCI was lifted by last minute gains in index-linked counters, closing 0.17% higher after spending most of the day in the red.
Malay Mail:
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LONDON, July 15 — Bitcoin slumped more than 10 per cent over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook’s planned Libra digital...
Malay Mail:
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LONDON, July 15 — Britain’s major banks have seen a growing number of business customers delay decisions on investments and borrowing in recent weeks, as the probability of a disorderly exit from ...
The Straits Times:
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KUALA LUMPUR (REUTERS) - Malaysia will file a complaint at the World Trade Organisation (WTO) by November to challenge a European Union move to phase out palm oil from being used in transport fuels in...
The Star:
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Workers at seven Amazon sites across Germany will go on strike over pay for at least two days this week starting on Sunday night going into Monday, labour union Verdi said.
The Star:
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A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters.
The Edge Markets:
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KUALA LUMPUR (July 15): Malaysian palm oil futures climbed on Monday to their highest in more than a week, tracking strength in US grains on the Chicago Board of Trade (CBOT) and related edible oils o...
The Edge Markets:
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KUALA LUMPUR (July 15): The FBM KLCI shed 0.11% at the midday break today, dragged by losses including at Hartalega Holdings Bhd.
The Star:
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SHANGHAI: China's Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation.
Malay Mail:
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SHANGHAI, July 15 — Chinese shares rose and the yuan strengthened today as investors were relieved after economic growth data met market expectations, while encouraging retail sales and factory outp...
Lowyat.NET:
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Facebook has reportedly agreed to a settlement with the US Federal Trade Commission (FTC). According to reports, the social network has agreed to pay out a hefty US$5 billion (~RM20.57 billion) for an...
Malaysiakini:
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China’s economic growth slowed to 6.2 percent in the second quarter from a year earlier, the weakest in at least 27 years, as demand at home and abroad faltered as the United States ratcheted up tra...
The Edge Markets:
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SINGAPORE (July 15): Palm oil may rise to RM1,966 per tonne, as it could have bottomed around a support at RM1,929. The support is identified as the 86.4% projection level of a downward wave c from RM...
Palm oil | Wang Tao | SINGAPORE | RM2 | RM1 | MACD | C | Reuters | RM1 | 971 | RM2 | 118 | RM1 | 929 | RM1 | 908 | RM1 | 982 | RM1 | 916 | RM2 | 059 | RM1 | 966 | July 1 | July 10 | July 15
The Edge Markets:
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KUALA LUMPUR (July 15): The FBM KLCI dipped 0.12% at mid-morning today, tracking softer regional markets.
The Edge Markets:
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KUALA LUMPUR (July 15): Malaysia has seized more than RM1 billion (US$243.25 million) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), the Straits Times newspaper sai...
Malay Mail:
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BEIJING, July 15 — China’s economic growth slowed to 6.2% in the second quarter from a year earlier, the weakest in at least 27 years, as demand at home and abroad faltered as the United States ra...
Malay Mail:
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BEIJING, July 15 — China’s industrial output grew 6.3% in June from a year earlier, official data showed today, picking up from May’s 17-year low and handily beating market expectations.
The Star:
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BEIJING: China's economic growth slowed to 6.2% in the second quarter from a year earlier, the weakest pace in at least 27 years, as demand at home and abroad faltered amid an escalating trade war with the United States.
Malaysiakini:
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Nine Swedes were killed when their plane crashed during a skydiving trip near Umea, a small university city in northern Sweden, authorities said on Sunday.
The Edge Markets:
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KUALA LUMPUR (July 15): The FBM KLCI retreated in early trade this morning, tracking softer regional markets, weighed by losses at index-linked stocks including Tenaga Nasiional Bhd and Top Glove Corp...
The Star:
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KUALA LUMPUR: Bursa Malaysia and Asian markets were cautious ahead of the release of China’s economic data later Monday morning.
Malaysiakini:
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The US may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior US official, in a sign President Donald Trump’s recent effort to ease restr...
Malay Mail:
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BEIJING, July 15 — China is expected to report today that economic growth slowed to its weakest pace in at least 27 years in the second quarter, reinforcing the case for more stimulus as a bruising ...
Malay Mail:
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WASHINGTON, July 15 — The US may approve licences for companies to re-start new sales to Huawei in as little as two weeks, according to a senior US official, in a sign President Donald Trump’s rec...
The Star:
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BEIJING: China has come up with measures to make it easier to do business in the world's second largest economy, from nurturing private enterprises to widening market access, as economic growth slows amid a protracted trade war with the United States.
The Star:
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NEW YORK: Results from two major US railroads next week are likely to attract more scrutiny than usual as investors look for signs of how deeply U.S. President Donald Trump's multi-front trade war is affecting freight companies and the wider economy.
The Star:
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KUALA LUMPUR: Malaysia has seized more than RM1bil (US$243.25mil) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), the Straits Times newspaper said on Saturday.
Malaysiakini:
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The death toll in Nepal from flash floods and landslides in the past three days rose to 47 on Sunday, with dozens missing and injured, the government said.
theSun:
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KUALA LUMPUR: The federal government has seized more than RM1 billion (US$243.25 million) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), the Singapore-based Straits...
Malaysiakini:
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Malaysia has seized US$243.25 million (RM1 billion) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), the Straits Times newspaper said on Saturday.
Malay Mail:
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NEW YORK, July 14 — Huawei Technologies Co Ltd is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its US blacklisting, the Wall Street Journal...
Malaysiakini:
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Huawei Technologies Co Ltd is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its US blacklisting, the Wall Street Journal reported, citing peop...
Malaysiakini:
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The former military ruler of Bangladesh, Hussain Muhammad Ershad (above), died on Sunday aged 90, following age-related health complications, an aide said.
SoyaCincau.com:
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There’s been a fair amount of confusion since U.S. president, Donald Trump, announced that American companies could still deal with Chinese tech giant, Huawei.
Malay Mail:
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JULY 14 — When writing an article about our immigration officers and detention centres last year, the South China Morning Post called it “Malaysia’s secret hell.” This seems to be right on poi...
Malaysiakini:
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A wide swath of New York's Manhattan borough was plunged into darkness Saturday following a transformer explosion, knocking out power to subways, stores and Broadway theatres, but the city's main util...
Free Malaysia Today:
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In an article about our immigration officers and detention centres last year, the South China Morning Post called it “Malaysia’s secret hell”.
The Straits Times:
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WASHINGTON • The US House of Representatives on Friday voted to restrict President Donald Trump's ability to attack Iran, fearing that his hawkish policies are pushing the country towards a needless...
Malaysiakini:
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Somalia’s security forces on Saturday ended an overnight attack by the al Shabaab Islamist militant group on a hotel in the southern port city of Kismayu that killed at least 13, a police officer sa...
The Star:
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LOS ANGELES: The Federal Trade Commission voted to fine Facebook around $5 billion for violations of the FTC's consumer-privacy rules, according to multiple media reports -- the biggest privacy-related fine in the commission's history.
Malay Mail:
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LONDON, July 12 — Thomas Cook is negotiating a £750 million (RM3.87 billion) rescue that will give Fosun Tourism, its biggest investor, control of the indebted British group’s package-tour busine...
Malay Mail:
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NEW DELHI, July 12 — The Indian government has plans to raise as much as 3.25 trillion rupees (US$47.4 billion) in the next five years by reducing its stakes in some large state-owned firms to 40 pe...
Malay Mail:
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PARIS, July 12 — Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer’s attempts to win a settlement in a bribery...
Malaysiakini:
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Taiwanese President Tsai Ing-wen arrived in the United States on Thursday on a trip that has angered Beijing, warning that democracy must be defended and that the island faced threats from "overseas f...
The Star:
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SINGAPORE: Most Southeast Asian stock markets ended lower on Friday after weak trade data from China, the region's biggest trading partner, spelt further weakness for the broader Asian economy.
Malay Mail:
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BEIJING, July 12 — China’s exports in June fell 1.3 per cent from a year earlier, customs data showed today, but the drop was less than expected amid mounting pressure from US tariffs.
The Star:
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SINGAPORE: Singapore's economy grew at its slowest annual pace in a decade in the second quarter, preliminary second-quarter growth data showed on Friday, raising bets that a technical recession and monetary policy easing could be just around the corner.
The Star:
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Apple Inc’s top-end iPhones, assembled in India by Foxconn's local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech giant drop prices in the world’s second-biggest smartphone market.
The Star:
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Apple Inc this week restored a software application to its App Store that let parents control their children's iPhone usage after removing it in February, the company said on July 11.
Malay Mail:
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LONDON, July 12 ― Safe haven German government bonds were set for their biggest weekly selloff in nearly one-and-a-half years today as signs of economic strength in the United States and parts of Eu...
Malaysiakini:
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Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients to the city-state by capitalising on rival Hong Kong's political turmoil, p...
Malaysiakini:
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Indonesia will establish diplomatic relations with the Pacific states of Niue and Cook Islands while pursuing trade deals with Fiji and Papua New Guinea, Foreign Minister Retno Marsudi said today, as ...
The Star:
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SINGAPORE/HONG KONG: Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients to the city state by capitalising on rival Hong Kong's political turmoil, people with knowledge of the matter said.
The Edge Markets:
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KUALA LUMPUR (July 12): The FBM KLCI looked poised to end the day in negative territory and fell 0.36% at the midday break, tracking the choppy regional markets.
The Edge Markets:
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KUALA LUMPUR (July 12): Malaysia's industrial production index rose 4% in May from a year earlier, matching the pace of the previous month, buoyed by gains in all major sectors, government data showed...
Malay Mail:
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NEW DELHI, July 112 ― Walmart told the US government privately in January that India's new investment rules for e-commerce were regressive and had the potential to hurt trade ties, a company documen...
The Edge Markets:
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SINGAPORE (July 12): Palm oil still targets RM1,966 per tonne, as it could have reversed its downtrend at the July 10 low of RM1,916. The drop from the July 1 high of RM1,982 looks exhausted.
Palm oil | Wang Tao | SINGAPORE | Support | C | MACD | Reuters | RM2 | 001 | RM1 | 929 | RM1 | 812 | RM2 | 118 | RM1 | 908 | RM1 | 982 | RM1 | 916 | RM1 | 966 | July 1 | July 10 | July 12