Sat, 25 May 2019, 5:04 PM
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Topic: US$200 billion

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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.
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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...
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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...
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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.
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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.
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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.
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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.
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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.
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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...
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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 ...
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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...
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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.
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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.
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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.
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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.
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KUALA LUMPUR, May 13 — Bursa Malaysia remained lower at mid-morning today as worries about the escalating US-China trade war after the US hiked tariffs on US$200 billion worth of China goods weighed...
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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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TOKYO, May 13 — Tokyo stocks opened lower today, with investors wary about renewed trade tensions between the United States and China after talks failed to achieve a deal.
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KUALA LUMPUR (May 13): The FBM KLCI fell 0.29% at mid-morning today, tracking losses at regional markets.
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SYDNEY, May 13 — US stock futures fell and Asian shares slipped on Monday on growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade w...
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KUALA LUMPUR, May 13 — Bursa Malaysia were lower in early trade yesterday as uncertainties over the U.S-China trade negotiations continue to weigh on market sentiments.
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SEJONG, May 13 — South Korea said Monday that it will take steps to stabilise its financial market if necessary but insisted that United States tariff hikes on Chinese products may have only a limit...
Malaysiakini:
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The United States and China appeared at a deadlock over trade negotiations yesterday, as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any "bitt...
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KUALA LUMPUR (May 13): Foreign funds offloaded RM450.9 million of Malaysian equity last week, compared to selling RM275.7 million the prior week, according to MIDF Amanah Investment Bank Bhd Research.
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KUALA LUMPUR: US President Donald Trump, akin to dropping a bombshell on the world economy last week after the two-day trade talks, said last Friday that the tariffs which he raised to 25% from 10% la...
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WASHINGTON, May 13 — The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would...
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SYDNEY, May 13 — Stock futures turned red in Asia early on Monday as a standoff in Sino-US trade talks blunted risk appetite, underpinning safe harbours including the Japanese yen and sovereign bond...
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WASHINGTON, May 12 — US President Donald Trump and China’s Xi Jinping could meet next month on the sidelines of the G20 summit to hash out their differences on trade, but no new talks are schedule...
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WASHINGTON, May 12 — President Donald Trump warned China yesterday that it should strike a trade deal with the United States now, otherwise an agreement would be “far worse for them if it has to b...
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KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to trade within a tight range of between RM1,900 and RM1,920 a tonne next week on trade war strain, said a dealer.
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KUALA LUMPUR, May 11 ― Bursa Malaysia is expected to trend lower next week, under pressure by a weak ringgit, commodities prices and Wall Street’s performance.
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NEW YORK, May 11 ― A gauge of world equity markets rebounded and the dollar pared losses yesterday after President Donald Trump said US-China trade talks were constructive, easing tensions that push...
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WASHINGTON, May 11 ― US President Donald Trump yesterday said he was in no hurry to sign a trade deal with China as Washington imposed a new set of tariffs on Chinese goods and negotiators ended two...
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BEIJING, May 11 ― Three main differences remain in the China-US trade talks, including the removal of all the additional tariffs, Chinese state media said today, following the end of the latest roun...
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WASHINGTON, May 11 ― US President Donald Trump yesterday ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China, underscoring a lack of progress by US a...
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KUALA LUMPUR (May 10): The FBM KLCI closed down 8.26 points or 0.51% today at its intraday low as the tariff hike to 25% from 10% on US$200 billion worth of US-bound cargoes leaving China was announce...
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KUALA LUMPUR (May 10): Malaysian palm oil futures fell more than 1% by Friday's close, having touched a five-month low, as concern over the U.S.-China trade conflict outweighed data showing easing sto...
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NEW YORK, May 10 — Wall Street stocks dipped early today as the United States followed through on a threat to increase tariffs on Chinese imports, while investors awaited the market debut of Uber.
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LONDON, May 10 — British finance minister Philip Hammond said today he was hopeful the United States and China would step back from a potential trade war that risked causing very serious damage to B...
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WASHINGTON, May 10 — US President Donald Trump said today he was in “absolutely no rush” to finalise a trade agreement with China as US negotiators from both countries prepared to continue talks...
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HONG KONG, May 10 — Shanghai led gains across most Asian and European markets today at the end of a torrid week for equities, with investors keeping a nervous eye on China-US trade talks after Washi...
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(May 10): US President Donald Trump has good reason to be skeptical about China's willingness to live up to its commitments in any trade deal.
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KUALA LUMPUR (May 10): The FBM KLCI reversed its earlier gain and dipped at morning today, as sentiment remained wary just hours before tariffs by the US on China imports were to take effect.
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KUALA LUMPUR: The ringgit opened flat against the US dollar in early session as weak sentiment persisted due to bearish external leads, a dealer said.
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KUALA LUMPUR, May 10 — The ringgit opened flat against the US dollar in early session as weak sentiment persisted due to bearish external leads, a dealer said.
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KUALA LUMPUR, May 10 — Bursa Malaysia opened slightly higher today with investors keeping their eyes open on the ongoing US-China trade talks, which ends today.
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WASHINGTON, May 10 — US Customs and Border Protection said yesterday it would begin collecting a 25 per cent tariff on a US$200 billion (RM830.5 billion) category of Chinese imports at 12:01am EDT (...
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NEW YORK, May 10 — Wall Street's main indexes fell yesterday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after US President Donal...
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KUALA LUMPUR (May 9): Malaysian palm oil futures fell more than 1% in late trade on Thursday, charting a second session of losses, as worries over U.S.-China trade relations weighed on prices.
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NEW YORK, May 9 — US stocks tumbled today, with focus on a high-stakes meeting between the United States and China that could decide the fate of a long-awaited trade deal, even as additional tariffs...
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LONDON, May 9 — World stock markets sank again today on heightened China-US tensions before make-or-break trade talks in Washington, dealers said.
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KUALA LUMPUR (May 9): The FBM KLCI dipped 15.02 points or 0.92% today as global markets took caution ahead of the next round of China-US trade talks.
Malay Mail:
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KUALA LUMPUR, May 9 — The ringgit closed weaker against the US dollar today on subdued demand amid uncertainties over the trade negotiations between the US and China later today, dealers said At 6pm...
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BEIJING, May 9 — China is fully prepared to defend its interests in its trade war with the United States, but hopes the United States can resolve problems through dialogue instead of unilateral step...
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KUALA LUMPUR (May 9): Malaysian palm oil futures eased in the first half of trade, in line for second session of losses, as worries over US-China trade relations and a bearish sentiment due to higher-...
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KUALA LUMPUR (May 9): The FBM KLCI fell 0.7% at the midday break today, against the backdrop of nervous regional markets.
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WASHINGTON, May 9 ― President Donald Trump has repeatedly boasted that the tariffs he has imposed on trading partners are a financial windfall for the US treasury, but research shows it is Americans...
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SYDNEY, May 9 ― Asian shares fell to six-week lows today as tensions rose ahead of last ditch US-China trade talks which could sharply alter the direction of the global economy.
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NEW YORK, May 9 ― The benchmark S&P 500 fell yesterday for the third day in a row as investors remained cautious about the latest developments on US-China trade talks even after hopeful comments fro...
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WASHINGTON, May 9 ― Chinese trade officials intend to “make a deal” in a new round of talks in Washington this week, President Donald Trump said yesterday, reviving hopes for negotiations that a...
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SHANGHAI, May 9 ― A global stock rout earlier this week reminded investors about the power of the US President's Twitter account, but in China, where selling was heaviest, a ban on media coverage of...
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NEW YORK, May 8 — A gauge of world equity markets rose and safe-haven bond prices fell today after the White House said it had received an indication from China that it wanted to make a trade deal w...
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LONDON, May 8 — Punch-drunk stock markets suffered through a third straight session of trade war fears today, trembling at the prospect of President Donald Trump unleashing a trade war on China.
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WASHINGTON, May 8 — US President Donald Trump said today he would be happy to keep tariffs on Chinese imports in place, adding that China is mistaken if it hopes to negotiate trade later with a Demo...
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KUALA LUMPUR, May 8 — The ringgit closed unchanged against the US dollar today amid the plan by the United States to increase tariffs on China’s exports worth of US$200 billion on Friday, dealers ...
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SHANGHAI, May 8 — A global stock rout earlier this week reminded investors about the power of the US President’s Twitter account, but in China, where selling was heaviest, a ban on media coverage ...
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KUALA LUMPUR (May 8): The FBM KLCI fell 0.35% today in tandem with the downtrend in Asian markets amid continued fears of a breakdown in US-China trade negotiations.
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WASHINGTON, May 8 — The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negoti...