Tue, 23 Apr 2019, 8:08 AM
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Topic: US

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RIYADH, April 22 — Riyadh is committed to “stabilise” the oil market after a US decision to end sanction exemptions for Iran’s customers, Saudi Arabia’s Energy Minister Khalid al-Falih said...
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WASHINGTON, April 22 — US President Donald Trump said today that Saudi Arabia and other Opec nations could “more than make up” for any drop in Iranian oil supplies to global markets now that his...
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NEW YORK, April 22 — Oil prices gained today as the Trump administration ended waivers for countries that had been importing Iranian crude in spite of US sanctions.
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KUALA LUMPUR (April 22): Velesto Energy Bhd’s earnings prospects are expected to turn rosier after having secured fresh contracts for its four jack up drilling rigs.
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NEW YORK, April 22 — US stock index futures dipped today as investors returned from their Easter break and took a cautious stance at the beginning of what is expected to be the busiest week of the f...
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In the defunct US television series Person of Interest, The Machine is an intelligent supercomputer capable of collating information in order to prevent terrorist attacks.
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But Qihoo 360 boss says companies can help people feel better about working long hours by making them shareholders. Zhou joins Jack Ma in commenting on debate started by tech workers who say they are forced to work 9am to 9pm, six days a week.
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US electric vehicle (EV) maker Tesla Inc said it has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding, the latest in a string of fire incidents involving Tesla's cars.
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KUALA LUMPUR, April 22 — The ringgit was unchanged against the US dollar at today’s close on lack of demand for the local note, amid weaker Asian currencies after the Easter holidays, a dealer sai...
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KUALA LUMPUR: The High Court here today set May 6 to hear the prosecution’s application to transfer all cases of former Sabah Chief Minister, Tan Sri Musa Aman who is facing 16 charges of money laun...
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KUALA LUMPUR (April 22): The FBM KLCI closed 0.01 point down at 1,622.06 on profit taking while volume across Bursa Malaysia swelled to 4.77 billion shares as construction stocks' and crude oil price ...
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KUALA LUMPUR: The FBM KLCI gave up all its hard-earned gains to close in the red on Monday, weighed down by losses in Petronas-linked stocks and telcos despite a stronger broader market.
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KUALA LUMPUR (Bernama): The High Court here set May 6 to hear the prosecution's application to transfer all cases of former Sabah chief minister Tan Sri Musa Aman who is facing 16 charges of money laundering and 35 corruption charges on timber concessions in the state.
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TOKYO, April 22 — Chinese stocks closed lower today on speculation authorities would limit monetary policy easing after signs of stabilisation in Asia’s top economy but trade was lacklustre with ...
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Six women, including Barra, and five men complete the slate of members up for shareholders’ approval at the annual meeting.
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Huawei Technologies, one of the world’s largest telecoms equipment vendors and a top smartphone brand, said it registered strong growth in all business segments in the first three months this year a...
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Sina, which had 462 million active users on Weibo at the end of 2018, was chosen as first partner for the initiative because of its enormous trove of data.
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US auto sales may be slowing, but carmakers have high hopes for luxury vehicles, which are imbued with increasingly sophisticated gadgetry and sex appeal to seduce a new generation of millionaires.
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Washington Post says discussions between Facebook and Federal Trade Commission officials about the company’s data-handling lapses have touched on instituting some sort of oversight for company CEO Mark Zuckerberg.
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(April 22): It is no surprise that the possibility of a market “melt up” for the rest of 2019 is becoming a more common refrain among investors.
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KUALA LUMPUR (April 22): Bank Negara Malaysia (BNM) recorded a US$500 million or 0.49% increase in its international reserves to US$103.5 billion as at April 15, 2019, compared to the US$103 billion i...
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KUALA LUMPUR (April 22): Malaysian palm oil futures shed previous session's rally to edge lower on Monday as traders locked in gains and sold on technical data reflecting a bearish outlook.
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KUALA LUMPUR (April 22): The FBM KLCI pared some of its gains at the midday break today, but stayed up 0.34% after briefly breaching the 1,630-point level.
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KUALA LUMPUR: Construction stocks were in the spotlight in the morning section as counters seen to benefit from the resumption of the Bandar Malaysia project rocketed on the news of its revival.
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SHANGHAI: Tesla Inc on Monday said it had sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding.
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Hyundai has unveiled the latest member of its growing SUV lineup at the ongoing 2019 New York Auto Show.
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A British cybersecurity researcher credited with stopping a worldwide computer virus in 2017 has pleaded guilty to developing malware to steal banking information.
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Huawei is calling for all consumers to join its “Huawei Rewrites the Rules of Photography” annual photography contest. Just take a picture with any Huawei smartphone and stand a chance to win the Huawei P30 Pro, Huawei Nova 4, Huawei Watch GT (46mm Edition) and more.
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HONG KONG, April 22 — Huawei Technologies said today its first-quarter revenue jumped 39 per cent to 179.7 billion yuan (RM110.7 billion), in the Chinese technology firm’s first-ever quarterly res...
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KUALA LUMPUR (April 22): Foreign selling of local equity on Bursa Malaysia rose to RM433.4 million last week from RM289.3 million the prior week, according to MIDF Amanah Investment Bank Bhd Research.
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KUALA LUMPUR (April 22): A storm is brewing for Malaysian bonds, as the threat of an US$8 billion outflow and a falling ringgit erode sentiment, even in the face of a likely interest-rate cut.
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KUALA LUMPUR (April 22): The FBM KLCI rose 0.42% at mid-morning today, as regional markets were steady, while DWL Resources Bhd and Gadang Holdings Bhd were in focus following the revival of the East ...
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TOKYO, April 22 — Asian shares were steady today as investors took stock of recent data suggesting global growth may be stabilising, while oil prices spiked on a report the US is likely to ask all i...
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NEW YORK: Qatar is betting big on some prime retail on Fifth Avenue and Times Square.
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SHANGHAI, April 22 — US electric vehicle maker Tesla Inc today said it had sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding.
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KUALA LUMPUR, April 22 — The ringgit traded slightly lower against the US dollar in early trade today, despite better crude oil prices.
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NEW YORK: This week will go a long way in determining whether investors should be concerned about the dawning of an earnings recession or whether back-to-back quarters of negative growth can be avoided in what is the heaviest week for profit reporting by US companies.
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KUALA LUMPUR, April 22 — Malaysia could only renegotiate rather than cancel the East Coast Rail Link (ECRL) as China’s influence was already too rooted when Pakatan Harapan (PH) took over, accordi...
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KUALA LUMPUR, April 22 — US president Donald Trump appeared to agree with International Trade and Industry Minister Datuk Darell Leiking on the need to be mindful of how its trade relations with Chi...
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KUALA LUMPUR: Firmer China economic data and a possible US-China trade deal should help shore up the ringgit over the longer term though the local unit could face some headwinds over the shorter term.
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KUALA LUMPUR: A storm is brewing for Malaysian bonds as the threat of an US$8bil (RM33bil) outflow and a falling ringgit erode sentiment, even in the face of a likely interest-rate cut.
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RUMBLINGS of concern over central bank independence have erupted into full-blown debates on attempts by populist leaders to influence decision-making at central banks.
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Top congressional Democrats yesterday left the door open to the impeachment of US President Donald Trump, but said they would first need to complete their own investigations into whether he obstructed...
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KUALA LUMPUR: A special call for transparency will be made by Prime Minister Tun Dr Mahathir Moha­mad at China’s second summit on Belt and Road Initiative (BRI) in Beijing, says International Trade and Industry Minister Datuk Darell Leiking.
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YOURSAY | 'After all these months, there is too much bark and no bite.' Bloomberg interview - analysis was biased, facts were wrong Proles: Well said.
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MCA president Wee Ka Siong today claimed the Pakatan Harapan government has acknowledged that 1MDB, described by the US Department of Justice as "the largest kleptocracy case in US history", was benef...
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KUALA LUMPUR: Malaysia must be one step ahead in planning ways to react to the price volatility in the palm oil market to protect the country’s source of income, as well as the wellbeing of the smal...
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KUALA LUMPUR (April 21): A storm is brewing for Malaysian bonds, as the threat of an US$8 billion outflow and a falling ringgit erode sentiment, even in the face of a likely interest-rate cut.
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KUALA LUMPUR: Malaysia must be one step ahead in planning ways to react to the price volatility in the palm oil market, Council of Eminent Persons chairman Daim Zainuddin said.
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PETALING JAYA: The travel advisory against Malaysia by the US government over potential kidnapping is "unjustified" as the situation on the ground is under control due to continuous operations conducted by the enforcement agencies, says Malaysia Crime Prevention Foundation (MCPF) senior vice-chairman Tan Sri Lee Lam Thye.
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KUALA LUMPUR (Bernama): Malaysia must be one step ahead in planning ways to react to the price volatility in the palm oil market to protect the country's source of income, as well as the wellbeing of the smallholders, says Council of Eminent Persons chairman Tun Daim Zainuddin.
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Malaysia must be one step ahead of the price volatility in the palm oil market to protect the country’s source of income, as well as the wellbeing of smallholders, former Council of Eminent Persons ...
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KUALA LUMPUR, April 21 — Malaysia must be one step ahead in planning ways to react to the price volatility in the palm oil market to protect the country’s source of income, as well as the wellbein...
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Several air strikes and explosions shook the Libyan capital Tripoli overnight, residents said, in an escalation of a two-week offensive by eastern forces on the city held by the internationally recogn...
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Every time I tell people that Kuala Lumpur properties are still considered cheap, they will look at me.
Kuala Lumpur | ASEAN | Article | US | Hong Kong | Global Living | Singapore | Barcelona | Madrid | Shanghai | Dublin | Malaysia | 4.9 | 000 | 369 | 712 | 199 | 32 | 10.2 | 15 | 266 | 098 | 609 | 35 | 24 | 16.9 | 864 | 34 | 35 | 320 | 372 | RM500 | 000 | RM28 | 369 | 199 | RM1 | 712 | 372 | RM3 | 609 | 320 | RM5 | 098 | 864 | RM494 | 266
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YOU must be from another planet if you have never heard of K-pop group BTS.
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Amazon is one of the world’s most valuable companies.
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Congressional Democrats on Friday took legal action to get hold of all of US Special Counsel Robert Mueller’s evidence from his inquiry into Russian meddling in the 2016 election, as the probe’s f...
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US intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company in the ...
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The infinite choices on streaming services is turning more and more listeners back to the manageable lengths and tactile feel of a good old vinyl. So why is digitalisation creeping into vinyl players?
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KUALA LUMPUR, April 20 — The ringgit is likely to trade higher next week, ranging from 4.10-4.15 against the US dollar, spurred by improved risk appetite for the local currency amid growing optimism...
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REVIEW: A lack of confidence in the domestic market and a potential downgrade in sovereign bonds emerged as the catalyst to push the FBM KLCI towards 2016 lows.
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The ringgit is likely to trade higher next week, ranging from RM4.10 to RM4.15 against the US dollar, spurred by improved risk appetite for the local currency amid growing optimism over the recovery i...
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US authorities have arrested a former US Marine who is a member of a group that allegedly raided the North Korean embassy in Madrid in February and stole electronics, two sources familiar with the arr...
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TOKYO: Nomura Holdings Inc’s chief executive vowed to keep Japan’s biggest brokerage independent and quickly implement his latest turnaround plan as a slumping share price puts the question of a potential merger in focus.
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MUMBAI: Billionaire Mukesh Ambani’s debt-fuelled bet on the rise of the Indian consumer is starting to pay off, with his retail and telecommunications businesses contributing an increasing share of revenue and profit to his US$87bil empire.
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SAN FRANCISCO: Pinterest Inc and Zoom Video Communications Inc. hit the public markets in soaring debuts, setting the pace for other so-called unicorns racing toward initial public offerings.
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Japan lost its position as the world’s second-biggest economy to China awhile ago. But it’s beating out its Asian rival in one area at least: private equity. For restructuring experts such as KKR & Co. LP, whose founders recently declared Japan the company’s “highest priority” outside the US, the smaller country offers much more attractive opportunities. And the reasons are as much political as financial.
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A month before the one-year anniversary of Pakatan Harapan’s ruling the government, Malaysia has earned the accolades of being a “boring” and under-performing stock market. The ringgit, which is the thermometer to gauge the economy, has weakened after the initial euphoria of appreciating as high as RM4 against the US dollar.
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Turkey’s central bank won’t explain what’s behind the recent moves in its foreign currency reserves – and that’s making investors nervous.
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CHICAGO: Boeing Co is working through the final steps before asking US regulators to review an update for anti-stall software linked to two fatal 737 Max accidents, an early milestone to lifting a global grounding of its best-selling jet.
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MANHATTAN: Elon Musk and the US Securities and Exchange Commission will have another week to resolve a legal fight over his tweeting habits after saying they’re making progress and need more time.
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DUSHANBE (Tajikistan), April 20 — China’s state-owned engineering company CMEC will modernise Tajikistan’s flagship aluminium smelter in a US$545 million (RM2.2 billion) deal, a representative f...
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WASHINGTON, April 20 ­— The International Monetary Fund (IMF) board yesterday approved an US$118.2 million (RM488.4 million) credit that will be rushed out for cyclone-devastated Mozambique to help...
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SAN FRANCISCO, April 19 — Google has announced that it is now possible to listen to music from its YouTube Music streaming service on the entirety of its Home range of smart speakers (and, theoretic...
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Walmart, Amazon kick off government pilot to allow shoppers on food assistance to order groceries online.
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WASHINGTON, April 19 ― US homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family housing segment, suggesting the housing market continued to st...
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LONDON, April 19 — Alexa was eight when she discovered video games, from racing, solving puzzles and playing out fantasies in virtual worlds.
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Japanese car giant Toyota and investment fund SoftBank Vision Fund unveiled an investment of US$1bil (RM4.14bil) in US company Uber to drive forward the development of driverless ride-sharing services.
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KUALA LUMPUR, April 19 ― The ringgit snapped its three-day losing streak against the US dollar to close higher today, thanks to improving market sentiment as worries over capital outflow ease amid r...
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GOUDA (Netherlands), April 19 ― Surrounded by 15-kg (33 lb) wheels of cheese ready to be carted away in horse-drawn carriages, a dairy farmer in the Dutch city of Gouda faces off against a cheese tr...
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KUALA LUMPUR: The local bourse snapped its three-day slide on Friday, lifted by bargain hunting activities following the past few bearish session.
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NEW YORK: Demand for electric vehicles remains low in the US market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments eve...
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Health watchdog warns that tobacco products are widely available on both social media and online retailers.
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When news began to spread last week that Amazon Music’s long-anticipated free streaming tier was imminent, headlines emerged about its threat to Spotify and Apple Music, with some stories saying that Spotify’s stock price dropped in response to the news.
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Global automakers are positioning for a brave new world of on-demand transport that will require a car of the future – hyper-connected, autonomous, and shared – and China may become the concept’s laboratory.
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BlackBerry Messenger for Android and iOS is shutting down due to an inability to compete against rivals and will be replaced by its subscription-based enterprise version that has message encryption.
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A powerful regulatory authority in New Mexico is requiring the state’s largest utility to bill Facebook US$39mil for a new transmission line construction.
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Nintendo Co shares jumped after China’s Tencent Holdings Ltd won approval to distribute one of the company’s games for its Switch console, a sign the Japanese company may benefit from growth in the world’s largest games market.
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TOKYO, April 19 — Tokyo stocks closed higher today following healthy gains on Wall Street, with Nintendo jumping more than 14 per cent on reports its games and popular Switch console will soon be av...
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KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad (pix) has been hailed for having been listed in Time Magazine’s 100 most influential people this year, an accolade coming in the wake of the hist...
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ON March 29, Lyft, the No 2 US ride-hailing player behind giant Uber Technologies, began trading on the tech-heavy Nasdaq bourse.
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KUALA LUMPUR: S&P Global Ratings is positive on the proposed expansion of the Naga3 integrated gaming development project is a win for NagaCorp Ltd, which is controlled by Tan Sri Chen Lip Keong.
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KUALA LUMPUR (April 19): The FBM KLCI eked out slim gains at the midday break today, against the backdrop of mixed regional markets.
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NEW YORK, April 19 — Next week will go a long way in determining whether investors should be concerned about the dawning of an earnings recession or whether back-to-back quarters of negative growth ...
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BBM, which was one of the most popular messaging services, is finally coming to an end.
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Surge, Sequoia India’s new startup accelerator, has revealed the 17 startups that form the first batch of its program.
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KUALA LUMPUR, April 19 — BBM, which was one of the most popular messaging services, is finally coming to an end.
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If you're driving a late model car or truck, chances are that the vehicle is mostly computers on wheels, collecting and wirelessly transmitting vast quantities of data to the car manufacturer – not just on vehicle performance but personal information, too, such as your weight, the restaurants you visit, your music tastes and places you go.