Mon, 22 Jul 2019, 7:16 AM
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Topic: US$200 billion

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WASHINGTON, July 16 — Top US and Chinese trade negotiators are due to speak by telephone in the coming days, but no face-to-face talks have been scheduled yet, US Treasury Secretary Steven Mnuchin s...
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MALAYSIA’s economic growth has been impacted by the global slowdown and geopolitical tensions as well as domestic political and economic issues.
Lowyat.NET:
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A number of tech companies are looking to move some of their hardware production out of China.
Malay Mail:
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WASHINGTON, July 2 ― US President Donald Trump said yesterday that talks on a trade deal with Beijing have resumed following a weekend truce struck with China's Xi Jinping on the sidelines of the Gr...
Tech in Asia:
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Young consumers, high mobile penetration, and an increase in disposable income are driving ecommerce growth in Southeast Asia.
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THERE is good reason Professor Jomo Kwame Sundaram’s call last Monday for Malaysians to set aside political differences and unite in dealing with real issues impacting the economy resonated with fel...
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OSAKA, Juen 29 ― President Donald Trump said today that US companies could sell equipment to Chinese telecom giant Huawei, indicating a potentially softer position on a key sticking point in the US-...
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WASHINGTON, June 29 ― US President Donald Trump and Chinese President Xi Jinping are set for a high-stakes meeting in Japan today that could salvage faltering trade talks or plunge the world's two l...
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HANOI, June 28 — Hanoi said it is committed to “freedom and fairness” in its trade ties with the United States, after President Donald Trump threatened to impose tariffs on goods from Vietnam, a...
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NEW YORK, June 28 — Apple Inc is shifting manufacturing of its new Mac Pro computer to China from the United States, the Wall Street Journal reported, citing people familiar with the matter.
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OSAKA, June 28 — World leaders gathered in Japan today for one of the most high-stakes and fractious G20 meetings in years, with a bruising US-China trade war, geopolitical tensions, and climate cha...
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GUANGZHOU, June 27 — Pressured by a labour crunch and rising wages in China, Shu Ke’an, whose company supplies bulletproof vests, rifle bags and other tactical gear to the United States, first con...
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NEW DELHI, June 26 — US Secretary of State Mike Pompeo met Indian Prime Minister Narendra Modi today, trying to chart a path that keeps the Asian ally onside politically even with the two countries ...
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KUALA LUMPUR: As we enter into the second half (2H) of 2019 a week from now, the general expectation is that external factors will continue to dictate the direction of the Malaysian equity market for ...
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NEW YORK, June 22 — All eyes will be on US President Donald Trump and China’s President Xi Jinping next week as investors are desperate for any signs of a thaw in US-China relations even if it shi...
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NEW YORK, June 21 — Apple Inc, Keurig Dr Pepper Inc and Dollar Tree Inc have joined other companies in their opposition to a Trump administration plan for more US tariffs on Chinese goods, including...
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THE slew of manufacturing purchasing manager indices (PMI) released over the last week points to a cooling in the manufacturing sector globally.
Malay Mail:
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SINGAPORE, June 16 — When Halida Thanveer Asana Marican started hunting for a job last December, she sent out only one or two applications.
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WASHINGTON, June 15 ― The US Trade Representative's Office on Monday will kick off seven days of testimony from US retailers, manufacturers and other businesses about President Donald Trump's plan t...
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WASHINGTON, June 13 — The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labour market was losing steam after job...
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JOHOR BARU, June 13 — Johor International Trade, Investment and Utility Committee chairman Jimmy Puah Wee Tse today said the state aims to be China’s investment destination of choice in the manufa...
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WASHINGTON, June 12 — President Donald Trump said yesterday that he was holding up a trade deal with China and had no interest in moving ahead unless Beijing agrees again to four or five “major po...
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KUALA LUMPUR (June 11): The 4% growth on Industrial Production Index (IPI) year-on-year (y-o-y) was better than expected, beating market consensus, as well as its own estimates, said RHB Research in a...
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BEIJING, June 11 — China today did not confirm a planned face-to-face meeting between President Xi Jinping and his American counterpart Donald Trump, after the US leader threatened new tariffs again...
Malaysiakini:
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China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday, after US President Donald Trump said further tariffs were ready to kick in if...
Malay Mail:
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WASHINGTON, June 11 ― US President Donald Trump said yesterday he was ready to impose another round of punitive tariffs on Chinese imports if he cannot make progress in trade talks with China's Pres...
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HANOI, June 10 — Hanoi has vowed to crack down on manufacturers illegally using “Made in Vietnam” labels on items destined for America to dodge punishing tariffs as the US-China trade spat drags...
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BEIJING, June 10 — China’s May exports unexpectedly rose 1.1% from a year earlier, while imports dropped a worse-than-expected 8.5%, official data showed today.
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BEIJING, June 10 — China plans to establish a system to ensure “national security” in technology, state media reported Saturday amid an expanding trade war with the United States which has snare...
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FUKUOKA, June 9 — Group of 20 finance leaders agreed to describe trade and geopolitical tensions as “intensified” and pledged to take further action to address these economic risks, three G20 so...
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WASHINGTON, June 9 — The Chinese government convened top tech companies this week and warned them of consequences if they cut off technology sales to the country, US media reported yesterday.
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BEIJING, June 8 — China plans to establish a system to ensure “national security” in technology, state media reported today amid an expanding trade war with the United States which has snared Ch...
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MEXICO CITY, June 8 — Huang Chao came to Mexico looking for business, not friends, but the Chinese sales manager says he found unexpected common ground with his prospective clients on one thing: Don...
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WASHINGTON, June 8 — US job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which c...
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WASHINGTON, June 6 — The US trade deficit unexpectedly narrowed in April as imports of goods dropped to a 15-month low, which could support the economy as it slows after a temporary boost from expor...
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BEIJING, June 5 — China's determination to resist US bullying in two years of negotiations to end the Korean War is a reason not to bow to Washington in bitter trade talks, a top Chinese newspaper s...
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KUALA LUMPUR (June 4): ASEAN’s digital economy is projected to exceed US$200 billion (US$1=RM4.17) by 2025 and many Chinese companies are looking to capitalise on this potential, said HSBC Malaysia,...
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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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BEIJING, June 3 — Washington’s escalating trade war with Beijing has not “made America great again” and has instead damaged the American economy, China said yesterday, warning that while it wa...
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BEIJING, June 2 — The United States cannot use pressure to force a trade deal on China, a senior Chinese official and trade negotiator said today, refusing to be drawn on whether the leaders of the ...
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BEIJING, June 1 — China today increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of “unreliable” foreign companies that analysts say aims to punish US and forei...
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WASHINGTON, June 1 — President Donald Trump escalated his abrupt tariff threats against Mexico today, triggering alarm about the likely economic fallout, spooking global markets and raising the pros...
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BEIJING, May 31 — Condoms, perfume, wine and pianos are among a cocktail of American products that will be hit by a steep increase in Chinese tariffs tomorrow as Beijing retaliates in an escalating ...
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BEIJING, May 31 — China today said it would create a blacklist of “unreliable” foreign firms and individuals in a new escalation of its trade war with the United States.
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BEIJING, May 31 — China today accused the United States of repeatedly lying after President Donald Trump said trade war tariffs were having a “devastating effect” on the Asian country’s econom...
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BEIJING, May 31 — China’s President Xi Jinping and US President Donald Trump are likely to find it “difficult” to make major progress towards ending their countries’ trade war when they meet...
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WASHINGTON, May 30 — President Donald Trump repeated his claim today that China is suffering most in the trade conflict with the United States, saying the punitive tariffs are having a “devastatin...
Malaysiakini:
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Provoking trade disputes is “naked economic terrorism”, a senior Chinese diplomat said on Thursday, ramping up the rhetoric against the United States amid a bitter trade war that is showing no sig...
Malay Mail:
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BEIJING, May 30 — Provoking trade disputes is “naked economic terrorism”, a senior Chinese diplomat said today, ramping up the rhetoric against the United States amid a bitter trade war that is ...
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WASHINGTON, May 29 ― The Trump administration said yesterday that no major trading partner met its currency manipulation criteria but nine countries, including China, required close attention as Was...
Malaysiakini:
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Malaysia is among the countries at risk of suffering the worst effects of the ongoing trade war between China and the US, according to Bloomberg. "(Bloomberg economist Maeva Cousin's) analysis shows ...
The Edge Markets:
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WHEN the US and China slap each other, Asian investors — including Malaysians — feel the sting.
Malay Mail:
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BEIJING, May 25 ― China yesterday accused US officials of lying to the public about their trade war, as rising tensions between the world's two largest economies kept financial markets in a state of...
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LONDON, May 24 — It was a stark warning about the risks ahead for the global economy, even by the forthright standards of the boss of the Organisation for Economic Co-operation and Development.
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NEW YORK, May 24 — The newest round of US tariffs on Chinese imports will cost the typical American household US$831 (RM3,483.47) annually, researchers said yesterday, as the Trump administration ca...
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WASHINGTON, May 23 — The IMF warned today that the escalating US-China trade war will “jeopardise” 2019 global growth, undermining confidence and raising prices for consumers.
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WASHINGTON, May 23 ― The United States is at least a month from enacting its proposed tariffs on US$300 billion (RM1.25 trillion) in Chinese imports as it studies the impact on American consumers, U...
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WASHINGTON, May 23 ― Risks to the US economic outlook, including trade uncertainty and Brexit, have receded but are still present, the US Federal Reserve said yesterday.
Tech in Asia:
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The US administration is ratcheting up pressure on China’s technology champions amid reports that it is also considering restrictions on the ability of video surveillance group Hikvision to buy Amer...
Malay Mail:
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BEIJING, May 22 — Most US businesses in China are hurting from the tariffs war between the two countries, forcing some companies to relocate abroad or refocus their business, a survey showed today.
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WASHINGTON, May 22 — Chinese Ambassador to the United States Cui Tiankai said yesterday that Beijing was ready to resume trade talks with Washington, but blamed the US side for frequently “changin...
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WASHINGTON, May 22 — Adidas, Nike and Puma yesterday urged US President Donald Trump to prevent the shoe industry from falling victim to the trade war with China, saying new tariffs could be “cata...
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WASHINGTON, May 21 — Adidas, Nike and PUMA today urged President US Donald Trump to prevent the shoe industry from falling victim to the trade war with China, saying new tariffs could be “catastro...
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BEIJING, May 21 — Foreign investors remained enthusiastic about China, the foreign ministry said today, following US President Donald Trump’s claim that his tariffs are causing companies to move p...
The Star:
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SINGAPORE: Expectations that US$200 billion of foreign money would flow into China’s capital markets this year are looking nothing short of optimistic.
The Edge Markets:
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THIS week’s overnight policy rate (OPR) cut of 25 basis points by Bank Negara Malaysia met the expectations of most economists as concerns over stalling growth rise.
Malay Mail:
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WASHINGTON, May 20 — US President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agre...
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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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SHANGHAI, May 18 — The United States has “fabricated” accusations that China forces firms to hand over technology in exchange for market access, China’s top Communist Party newspaper said toda...
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WASHINGTON, May 17 — China's US Treasury holdings fell in March to their lowest level in two years, with Beijing trimming its lending to the United States amid a protracted trade war, government dat...
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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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BEIJING, May 16 — China said today it “does not have information on the US plan” to come to Beijing to continue talks amid escalating tensions between the two trade giants.
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.
Malaysiakini:
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China will only be more open to the world, President Xi Jinping said on Wednesday, as he denounced as "stupid" those who believe in cultural superiority, in his first public address since trade tensio...
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KUALA LUMPUR, May 15 — Bursa Malaysia rebounded today with the key index closing firmly above the key 1,600 support level, propelled by bargain hunting after yesterday’s steep fall.
Malay Mail:
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BEIJING, May 15 — China is running out of options to hit back at the United States without hurting its own interests, as Washington intensifies pressure on Beijing to correct trade imbalances in a c...
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KUALA LUMPUR: The Malaysian stock market is expected to remain volatile in the short term as market sentiments are still dominated by the escalating US-China trade spat, said analysts.
Malay Mail:
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KUALA LUMPUR, May 14 — The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded from earlier losses to finish the day just a whisker below the 1,600 psychological level, on fresh hopes over the US-China tr...
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KUALA LUMPUR (May 14): Malaysian palm oil futures were in line for a second day of gain at midday break on Tuesday, supported by gains in related edible oils and a weaker ringgit.
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KUALA LUMPUR (May 14): Malaysia's economic growth pace likely slowed in the first quarter, due to tepid consumption and softer global demand as a result of the US-China trade war, a Reuters poll showe...
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KUALA LUMPUR (May 14): The FBM KLCI stayed below the crucial 1,600-point level at the midday break despite paring down its losses considerably.
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TOKYO, May 14 — China’s offshore yuan and the Australian dollar found their footing again today as broader sentiment stabilised after US President Donald Trump said he expected Sino-US trade negot...
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HONG KONG, May 14 — Asian markets extended a global sell-off today following hefty losses on Wall Street that came in response to China’s hike in tariffs on US$60 billion (RM250.2 billion) of US i...
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KUALA LUMPUR (May 14): The ringgit opened lower against the US dollar in early session today as investors stayed on the sidelines for firmer policies by the government to face global economic headwind...
The Star:
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KUALA LUMPUR: The ringgit opened lower against the US dollar in early session today as investors stayed on the sidelines for firmer policies by the government to face global economic headwinds.
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KUALA LUMPUR: Morgan Stanley has trimmed its growth forecasts for Malaysia and five other Asian countries to take into account the downside risks posed by the renewed escalation in the US-China trade ...
Malay Mail:
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KUALA LUMPUR, May 14 — The ringgit opened lower against the US dollar in early session today as investors stayed on the sidelines for firmer policies by the government to face global economic headwi...
The Star:
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TOKYO: China's offshore yuan hit a fresh 2019 low early in Asia on Tuesday and the safe-haven yen remained supported as a fresh escalation in Sino-U.S. trade tensions hit sentiment, with each country raising tariffs on the other's goods.
Malay Mail:
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WASHINGTON, May 14 — The United States on June 17 will hold public hearings on President Donald Trump’s proposal to put tariffs on another US$300 billion (RM1.24 trillion) in Chinese goods, accord...
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GENEVA, May 14 — China yesterday blamed US policies for creating an “existential crisis” at the World Trade Organisation, and urged reform of the body to help it withstand the pressure from Wash...
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BEIJING, May 13 — China said today it will impose tariffs on US$60 billion worth of US goods from June 1, in apparent retaliation after Washington announced plans to tax almost all Chinese imports.
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WASHINGTON, May 13 — President Donald Trump today warned China not to retaliate after Washington raised punitive duties on US$200 billion worth of Chinese imports to 25 per cent from 10 per cent.
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KUALA LUMPUR, May 13 — The ringgit closed lower against the US dollar today in line with the weaker regional emerging market currencies as sentiment was dampened by the stalemate in the US-China tra...
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KUALA LUMPUR (May 13): The FBM KLCI closed 9.18 points or 0.57% lower today at 1,601.09 after slumping below 1,600 as the China-US trade war escalation hurt world market sentiments.
Free Malaysia Today:
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PETALING JAYA: The FBM KLCI market barometer dipped below the psychological 1,600-point level today.
Tech in Asia:
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Five to 10%. That’s the proportion of people who have access to health insurance in the Philippines, says entrepreneur Vincent Lau.
Malay Mail:
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BEIJING, May 13 — China’s foreign ministry said today the country will never surrender to external pressure after Washington renewed its threat to impose tariffs on all Chinese imports in an escal...
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KUALA LUMPUR, May 13 — Bursa Malaysia was lower at mid-day today in line with most Asian shares, pressured by concerns over the escalating US-China trade war after the US hiked tariffs on US$200 bil...
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HONG KONG, May 13 — Markets in Asia were largely down in morning trade on Monday as the lack of a US-China trade deal cast a cloud over the market.