Tue, 25 Jun 2019, 1:38 PM
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Topic: Shanghai

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SHANGHAI: Finland's Nokia Oyj is not immune from the trade war between the United States and China which has caused economic uncertainty, the company's Greater China president said on Tuesday.
Malay Mail:
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SYDNEY, June 25 — Asian shares were hamstrung by trade worries today as expectations of more dovish talk from the Federal Reserve pushed down Treasury yields and the dollar, while propelling gold pr...
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SYDNEY: Asian shares were hamstrung by trade worries Tuesday as expectations of more dovish talk from the Federal Reserve pushed down Treasury yields and the dollar, while propelling gold prices to six-year peaks.
Malay Mail:
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SHANGHAI, June 25 — Senior Chinese and US trade officials spoke by telephone yesterday ahead of talks between Chinese President Xi Jinping and US President Donald Trump set for later this week, as t...
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Zhaoxin Semiconductor Co, a jointly owned company of the Shanghai government and VIA Technologies, has released its own set of CPUs. The processors are officially known as the KX-6000 series, and they...
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On June 20, a Vivo product manager published a video to Weibo showing off a new technology that can charge a smartphone with a 4,000 mAh battery from zero to 100% in just 13 minutes.
Malay Mail:
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BERLIN, June 21 — Germany expects Huawei to demonstrate it can meet its security requirements for participating in the building of the country’s 5G network, the economy minister Peter Altmaier sai...
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China’s talent is turning away from multinationals and towards domestic tech champions in the search for a more fulfilling career. Change in sentiment comes amid raging US-China tech war and perceptions of ‘bamboo ceiling’ in the West.
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Molly Liu left her hometown of Beijing to pursue a master’s degree in the United States in the 1990s.
Malay Mail:
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SHANGHAI, June 21 — China’s central bank today lifted its official yuan midpoint to 6.8472 per dollar, the strongest in 5-1/2 weeks, reflecting gains in the spot rate in the previous session.
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SHANGHAI, June 21 ― Yesterday, a Vivo product manager published a video to Weibo showing off a new technology that can charge a smartphone with a 4,000 mAh battery from zero to 100 per cent in just ...
Tech in Asia:
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OnTime, a ride-hailing platform backed by Tencent Holdings and Guangzhou Automobile Group, will become the latest player to enter China’s mobility market – the world’s biggest – when it rolls ...
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SHANGHAI: Upcoming trade talks between the leaders of China and the United States are unlikely to immediately resolve major disagreements between the two sides but could start a new phase in negotiations, Chinese state media said on Thursday.
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SHANGHAI: China stocks closed higher on Wednesday as Washington and Beijing looked to rekindle trade talks and confirmed that Presidents Donald Trump and Xi Jinping would meet later this month at the G20 summit.
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BEIJING: Tesla Inc. is revamping its organization in Asia to put more focus on China as the company prepares to start manufacturing in the world’s largest electric-car market, people familiar with t...
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HONG KONG, June 19 — Asian markets rallied today after Donald Trump hailed “very good” phone talks with Xi Jinping and said the two would meet at the G20 next week, renewing hopes of a deal to e...
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SHANGHAI: Hong Kong stocks closed higher on Tuesday, extending a rally from the previous session, aided by strong inflows from the mainland even as the protests subsided.
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BEIJING: New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more stimulus for the slowing economy.
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LONDON, June 17 — Britain and China began selling shares in each others’ companies today under a landmark deal, Britain’s Treasury announced, as London looks to remain a leading financial centre...
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KUALA LUMPUR, June 17 — Bursa Malaysia finished trading on an easier note today amid losses in selected blue chips, and in sync with most key regional bourses ahead of some central banks policy meet...
Tech in Asia:
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Hong Kong is the top destination for Chinese companies seeking to list their shares outside China so far this year, but it could face a challenge for initial public offerings from Shanghai’s new tec...
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SHANGHAI: AirAsia Bhd and other regional budget airlines will face a new powerful competitor when China Eastern Airlines Company Ltd, one of the world’s Top 10 airline groups, expands its budget air travel to the Asian region outside China.
Malay Mail:
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SHANGHAI, June 16 — China’s investigation into FedEx Corp over misdirected mail should not be regarded as retaliation against the US company, state news agency Xinhua said today, amid worsening re...
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SHANGHAI, June 16 — The United States has underestimated the Chinese people’s will to fight a trade war and Beijing is prepared for a long economic battle, an influential Chinese Communist Party j...
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Huawei will delay the release of its foldable phone, the Mate X, from June to September this year to make room for additional testing to be done to the device.
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SHANGHAI: Audi, Nissan and other car makers are banking on talking cartoon characters and other virtual reality experiences to keep drivers and other occupants of future autonomous vehicles entertaine...
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Audi, Nissan and other car makers are banking on talking cartoon characters and other virtual reality experiences to keep drivers and other occupants of future autonomous vehicles entertained, auto industry executives said.
Tech in Asia:
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For many years, digital imaging technology supplier Altek Corp.
Malay Mail:
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HONG KONG, June 14 — Shares in firms linked to Chinese online retail titan Alibaba were mixed today a day after rallying on a report it had filed for a Hong Kong listing that could be the city’s b...
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SHANGHAI, June 14 — Haitong International Securities Group Ltd has cut ties with UBS Group AG, two people at Haitong told Reuters today, following a comment about Chinese pigs by the Swiss bank’s ...
Channel NewsAsia:
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SHANGHAI: Lee Chong Wei's tearful retirement was not just a sad conclusion to one of badminton's great careers, it also ended his remarkable rivalry with China's Lin Dan.
The Star:
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BEIJING/SHANGHAI: Haitong International Securities Group has cut all business ties with UBS Group AG after the "Chinese pig" comment by the Swiss bank's global chief economist, two sources at Haitong told Reuters on Friday.
Malay Mail:
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SHANGHAI, June 14 — Competitive currency devaluation does not benefit any country and could cause chaos to global financial order, former China central bank governor Zhou Xiaochuan said today.
The Star:
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Katie Jones sure seemed plugged into Washington’s political scene.
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KUALA LUMPUR: Greatech Technology Bhd made a firm debut on the Ace Market of Bursa Malaysia yesterday, opening at 63.5 sen, which was 2.5 sen above its offer price of 61 sen.
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KUALA LUMPUR, June 13 — Shares on Bursa Malaysia closed lower today, dampened by weak sentiment across the region as the intractable US-Sino trade spat drags on, dealers said.
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SHANGHAI, June 13 — Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice-Premier Liu He said today, suggesting Beijing would soon unveil m...
Tech in Asia:
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China has officially launched Shanghai’s Nasdaq-style tech board, with the country’s top securities regulator cautioning that the hotly anticipated Star Market will face various challenges initial...
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LIMA/SHANGHAI: China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a U.N. body shows, in a sign it may be deploying a back-up plan in key markets as U.S. sanctions threaten its business model.
The Star:
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SHANGHAI: China on Thursday officially launched Shanghai's Nasdaq-style tech board, with the country's top securities regulator cautioning that the hotly-anticipated STAR Market will face various challenges initially.
Malay Mail:
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SHANGHAI, June 13 — Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said today, suggesting Beijing would soon unveil m...
Malay Mail:
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KUALA LUMPUR, June 13 ― Huawei was scheduled to unveil a new MateBook laptop this week at the CES Asia 2019 trade show that is taking place in Shanghai but had to postpone the launch due to the ...
Malay Mail:
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HONG KONG, June 13 — Asian markets fell again today with Hong Kong suffering a second straight day of heavy losses as investors fret over the impact of protests in the city and plans to introduce a ...
The Star:
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HONG KONG: Zhong Huijuan quit her job teaching chemistry to teenagers and got into the drug business.
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KUALA LUMPUR: Greatech Technology Bhd made a firm debut on the ACE Market of Bursa Malaysia on Thursday, opening at 63.5 sen, which was 2.5 sen sen above its offer price of 61 sen.
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SHANGHAI: China is expected to adjust money and credit supplies in coming weeks, including cuts to interest rates or reserve ratio requirements, in order to counter "downside risks", the official China Daily said, citing economists
SoyaCincau.com:
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Huawei was scheduled to unveil a new MateBook laptop this week at the CES Asia 2019 trade show that is taking place in Shanghai but had to postpone the launch due to the U.S. ban restricting American ...
Malay Mail:
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HONG KONG, June 12 — Asian markets fell today after two days of healthy gains, with Hong Kong the worst performer — sinking two per cent as a huge anti-government protest paralysed key roads in th...
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KUALA LUMPUR, June 11 — Bursa Malaysia ended marginally lower but at the day’s high on last-minute buying support in selected heavyweight stocks led by IHH Healthcare and Tenaga.
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LONDON, June 12 — World share markets snapped a seven-day winning streak today as the White House took a tough line on trade talks with China, while an impending reading on US inflation was set to r...
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An Alibaba employee introducing the company's Tmall Genie at a press conference in Beijing on July 5, 2017.
Lowyat.NET:
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The Information reports that Huawei has postponed the upcoming launch of a new Windows laptop.
The Star:
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SYDNEY: Asian share markets were in a defensive crouch on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could scramble the odds for an early cut in interest rates there.
Malay Mail:
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SHANGHAI, June 12 — It might be the most low-tech item at a Shanghai consumer electronics fair, but a bash-able Donald Trump is eliciting perhaps the most physical reaction from visitors amid his te...
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KUALA LUMPUR (June 12): The FBM KLCI pared some of its losses at mid-morning today but remained lacklustre in line with the cautious regional markets.
The Star:
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KUALA LUMPUR: Blue chips extended their decline for the second day as key Asian markets were cautious about the rising US-China trade war tensions while HPMT, which was listed on the Main Market, was the most active.
Malay Mail:
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SYDNEY, June 12 — Asian share markets got off to a cautious start today as the White House took a tough line on a trade deal with China, just as investors were bracing for the latest batch of econom...
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SYDNEY: Asian share markets got off to a cautious start on Wednesday as the White House took a tough line on a trade deal with China, just as investors were bracing for the latest batch of economic data from the Asian giant.
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KOTA KINABALU: Some 200,000 northern China tourists are expected to visit Sabah in a year once chartered flights take off in three months’ time, according to one of the stakeholders.The long-term deal was the result of international travel collaboration between Cekal Aman Sdn Bhd (Malaysia) and its China charter flights partner, BJ ST International Travel Co Ltd (China), said Sabah Tourism, Culture and Environment Minister Datuk Christina Liew BJ ST International Travel is a major operator involved in chartering flights out of China to Jeju City, South Korea, as well as Vietnam’s Nha Trang and Da Nang.
Malay Mail:
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KUALA LUMPUR, June 11 — Bursa Malaysia ended lower weighed down by profit taking in heavyweight stocks despite a better performance on regional bourses, a dealer said.
Malay Mail:
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KOTA KINABALU, June 11 — Sabah is set to bring in some 200,000 more Chinese tourists from cities located in the northern part of China.
The Star:
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China's Alibaba Group Holding Ltd on June 11 said its voice-controlled assistant will feature in local vehicles from Audi AG, Renault SA and Honda Motor Co Ltd, as the tech giant expands in artificial intelligence.
Free Malaysia Today:
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KOTA KINABALU: Sabah is keen to bring in more Chinese tourists with plans being made to “capture” at least 200,000 from the relatively-new northern China market this year.
Malay Mail:
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SHANGHAI, June 11 ― China's Huawei Technologies Co Ltd will need more time to become the world's largest smartphone maker, a goal it originally aimed to achieve in the fourth quarter of this year, a...
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SHANGHAI: China's Huawei Technologies Co Ltd will need more time to become the world's largest smartphone maker, a goal it originally aimed to achieve in the fourth quarter of this year, a senior executive said on Tuesday.
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SHANGHAI: As Wall Street firms start taking control of their operations in China, they may find the competitive landscape facing them shifting significantly over the next few years.
Free Malaysia Today:
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SUBANG: Malaysia has been playing an astute balancing game in the big power rivalry between the United States and China, a political scientist said today.
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.
Carlist.my:
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In just a few hours more, Mercedes-Benz’s latest offering in its portfolio – the first-ever GLB compact SUV, will be celebrating its world première in Utah, USA.
Malay Mail:
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SHANGHAI, June 8 — China is preparing to curb some technology exports to the United States, the chief editor of China’s Global Times newspaper said today.
CarSifu:
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SHANGHAI: Ford China has revealed the Territory EV, a compact SUV which is also the first pure electric model to launch in the country.
The Edge Markets:
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KUALA LUMPUR (June 7): Mary Kay Inc announced its Lewisville, Texas manufacturing facility, Richard R. Rogers (R3) Manufacturing / R&D Center, has been awarded Leadership in Energy and Environmental D...
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HONG KONG: China approved four operating licences for 5G networks, setting the stage for the super-fast telecommunications system amid simmering tensions with the US over technology and trade.
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SHANGHAI: China’s tech-heavy ChiNext stock gauge entered a bear market as the pressures of the trade war, the expected start of a rival board and evaporating investor interest weighed on sentiment.
Malay Mail:
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SHANGHAI, June 6 — China today granted 5G commercial licences to four domestic companies, as it races to be a global leader in advanced wireless networks amid fierce rivalry from the United States.
The Star:
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SHANGHAI: China’s major stock indexes fell on Thursday to close at near four-month lows, as worries persisted over the country’s economic momentum amid a bruising trade war with the United States which shows no signs of easing.
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SHANGHAI: China's central bank on Thursday lent 500 billion yuan ($72.32 billion) to financial institutions via its one-year medium-term lending facility (MLF), keeping the interest rate unchanged, it said in a statement.
The Edge Markets:
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(June 4): After several false starts, China is finally moving to roll out real estate investment trusts.
Malay Mail:
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SHANGHAI, June 4 — Asian shares fell today as weak economic indicators and an intensifying Sino-US trade war inflamed concerns about global growth, supporting safe-haven assets such as bonds.
The Star:
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BEIJING: After one of its largest listed drug makers was found to have overstated its cash position by US$4.3 billion, China is starting an audit of 77 major pharmaceutical companies, including the Chinese arms of Sanofi, Eli Lilly & Co. and Bristol-Myers Squibb Co.
Malay Mail:
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SHANGHAI, June 4 ― Shares in Asia inched higher and safe-haven assets gave up some overnight gains yesterday, as investors paused for breath after a volatile Wall Street session, but deeper concerns...
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SHANGHAI: Asian shares fell on Tuesday, following a volatile Wall Street session as weak economic indicators and an intensifying Sino-U.S. trade war inflamed concerns about global growth, supporting safe-haven assets such as bonds.
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SHANGHAI, June 3 — Huawei will sell its majority share in a submarine cable unit, the stake’s buyer announced today, amid a US-led drive to isolate the Chinese telecom giant from global informatio...
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China's Ministry of Industry and Information Technology (MIIT) will roll out commercial 5G licenses "in the near future", Xinhua said.
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HONG KONG, June 3 — Asian markets largely tumbled today, tracking global losses as Wall Street clocked its worst month this year, with investors opting for safe-haven assets in the wake of intensify...
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Huawei Technologies is reassessing its target to become the world’s top-selling smartphone vendor by 2020 after a US trade ban raised serious questions about its access to services that are crucial ...
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TASH Aw is a successful, international prize-winning Malaysian novelist.
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(Recasts May 29 story with updated comments from Thai Rubber Assoc Secretary General) BANGKOK/SHANGHAI (May 31): Thailand asked exporters to curb rubber exports from May 20 and is not delaying export ...
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SHANGHAI: China stocks fell on Friday, posting the worst monthly decline since last October, as festering trade tensions between Beijing and Washington reduced risk appetite and stoked economic slowdown fears.
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Malaysian Mixed Martial Arts (MMA) exponent Agilan “Alligator” Thani is eyeing to end his losing streak when he takes on Yoshihiro “Sexyama” Akiyama at the ONE: Legendary Quest in Shanghai, Ch...
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HONG KONG, May 31 — Asian stocks edged down today, despite modest gains on Wall Street overnight, as US President Donald Trump’s sudden announcement of tariffs on all Mexican imports saw Tokyo sha...
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SHANGHAI: China and Hong Kong stocks were largely steady on Friday, but were poised to post their worst monthly performance since October last year, as an escalation in trade tensions between Beijing and Washington stoked economic slowdown fears.
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NEW YORK: US stocks halted a two-day sell-off that took major indexes to multimonth lows, with groups battered by the trade tensions leading the rebound. Treasury yields steadied near their lowest since 2017.
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SHANGHAI (May 30): China on Thursday launched an anti-dumping probe into imports of polyphenylene sulfide from Japan, the United States, South Korea and Malaysia, the commerce ministry said.
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SHANGHAI: China on Thursday launched an anti-dumping probe into imports of polyphenylene sulfide from Japan, the United States, South Korea and Malaysia, the commerce ministry said.
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BEIJING, May 29 ― Chinese state media today dangled the threat of cutting exports of rare earths to the United States as a counter-strike in the trade war, potentially depriving Washington of a key ...
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SAN FRANCISCO: Tesla Inc is considering pricing its China-manufactured Model 3 vehicles between 300,000 yuan and 350,000 yuan (RM183,000-RM213,000) before subsidies, Bloomberg reported today, citing p...
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The Shanghai Stock Exchange is poised to approve the first three listings on the upcoming Nasdaq-style Technology Innovation Board.
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SHANGHAI, May 28 ― Chinese e-commerce leader Alibaba Group is exploring a potential second listing in Hong Kong that could raise US$20 billion (RM83.8 billion) as Beijing seeks to encourage its tech...