Mon, 20 May 2019, 5:16 AM
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Topic: Washington

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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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WASHINGTON, May 19 — Technology firms are taking aim at the opioid crisis and related health problems with a new class of treatments—digital therapeutics—delivered by smartphone.
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China’s senior diplomat Wang Yi told US Secretary of State Mike Pompeo on Saturday that recent US words and actions had harmed the interests of China and its enterprises, and that Washington should ...
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JEDDAH, Saudi Arabia, May 18 — Saudi Arabia’s Energy Minister Khalid al-Falih said today that Opec will be responsive to the oil market’s needs, but that he was not sure there is an oil shortage...
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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 — The US Commerce Department may soon scale back restrictions on Huawei Technologies after this week’s blacklisting made it nearly impossible for the Chinese company to purchase...
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NEW YORK: Oil prices edged lower on Friday due to demand fears amid a standoff in Sino-U.S. trade talks, but both benchmarks ended the week higher on rising concerns over supply disruptions in Middle East shipments due to U.S.-Iran political tensions.
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NEW YORK: U.S. retailer stocks have moved from buoyant to bruised this year and the intensification of the U.S.-China trade war makes them especially vulnerable because consumer products would be targeted in the next round of threatened tariff increases.
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NEW YORK: Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years.
Malay Mail:
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WASHINGTON, May 17 — China struck a more aggressive tone in its trade war with the United States today, suggesting a resumption of talks between the world’s two largest economies would be meaningl...
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KUALA LUMPUR: Blue chips ended Friday off their day's best while trading volume shrank ahead of the long weekend as the volatile US-China trade conflict continued to weigh on investor sentiment.
EdgeProp.my:
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KUALA LUMPUR (May 17): Rapper Pras Michel said in Washington yesterday that he is innocent of criminal charges that he conspired to funnel funds into Barack Obama’s 2012 presidential re-election, re...
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Facebook-owned WhatsApp’s revelation of a security flaw allowing hackers to inject spyware on smartphones raised fresh concerns about the security of the mobile ecosystem.
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Microsoft Corp and Sony Corp on May 16 said they struck a strategic partnership in which Sony would use Microsoft's cloud for streaming games and media and the two would work together to develop new image sensors.
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WASHINGTON (Bloomberg): Rap star Pras Michel declared he is "totally innocent" of the illegal US campaign finance charges levelled against him last week - and he will have a distinctive way of broadcasting that.
The Straits Times:
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WASHINGTON (BLOOMBERG) - Rap star Pras Michel declared he is "totally innocent" of the illegal US campaign finance charges levelled against him last week - and he will have a distinctive way of broadc...
Malaysiakini:
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Former Fugees rapper Prakazrel “Pras” Michel appeared in court in Washington on Thursday and told reporters he is innocent of criminal charges that he conspired to funnel foreign funds into Barack...
Malay Mail:
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WASHINGTON, May 17 — Facebook-owned WhatsApp’s revelation of a security flaw allowing hackers to inject spyware on smartphones raised fresh concerns about the security of the mobile ecosystem.
The Star:
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SAN FRANCISCO: The Trump administration officially canceled $929 million in federal grants earmarked for California’s ambitious high-speed rail project, escalating tensions between the federal government and the most-populous US state.
The Star:
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WASHINGTON: President Donald Trump appears to have earned less from his vast financial empire last year as licensing royalties, rents and golf revenues fell at some properties, his financial disclosure shows.
Free Malaysia Today:
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WASHINGTON: Former Fugees rapper Prakazrel “Pras” Michel appeared in court on Thursday and told reporters he is innocent of criminal charges that he conspired to funnel foreign funds into Barack O...
Malay Mail:
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RIYADH, May 17 — Saudi Arabia has reopened a key oil pipeline, an official said yesterday, after it was shut down by drone attacks claimed by Iran-aligned Yemen rebels.
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BRUSSELS, May 17 — The European Union is seeking new ways to widen use of the euro and counter the dollar's global dominance, top EU officials said yesterday, as the bloc tries to salvage Iran's nuc...
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North Korea has called the United Nations (UN) an unfair organisation that represents the privileges of just a few countries, saying that the sanctions imposed on Pyongyang are a violation of its sove...
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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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WASHINGTON, May 17 — US housing starts increased more than expected in April and activity in the prior month was stronger than initially thought, suggesting declining mortgage rates were providing s...
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WASHINGTON, May 17 — The US crackdown on Huawei has made the Chinese telecommunications giant the flashpoint in a monumental economic and technological showdown between the two superpowers that is t...
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NEW YORK, May 17 — Wall Street closed higher yesterday as upbeat earnings and strong economic data put investors in a buying mood, with technology companies leading the charge.
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WASHINGTON, May 17 — US President Donald Trump took out a new 30-year mortgage on a sprawling oceanfront house steps from his own Mar-a-Lago estate in Florida, and it is sitting empty on the rental ...
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WASHINGTON: China's CRRC, the world's top passenger train maker, was slammed by U.S. lawmakers during a hearing on Thursday to limit the world's top passenger train maker's access to U.S. projects amid security fears.
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SINGAPORE/BEIJING: A tanker carrying Iranian fuel oil in violation of U.S. sanctions has unloaded the cargo into storage tanks near the Chinese city of Zhoushan, according to ship tracking data on Refinitiv Eikon.
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NEW YORK: Wall Street closed higher on Thursday as upbeat earnings and strong economic data put investors in a buying mood, with technology companies leading the charge.
The Edge Markets:
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(May 17): Rap star Pras Michel declared he is "totally innocent" of the illegal U.S. campaign finance charges leveled against him last week -- and he has a distinctive way of broadcasting that.
The Star:
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HONG KONG: From furniture makers to Apple Inc. suppliers, the intensifying trade conflict is leaving some Chinese companies particularly vulnerable.
The Star:
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BEIJNG: China’s government promised to respond to a U.S. proposal to tariff the rest of the goods it buys from China, raising the stakes for the dispute between the world’s two largest economies.
The Star:
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SINGAPORE: Most Southeast Asian stock markets closed weaker on Thursday after Washington's ban on China's Huawei Technologies stoked worries of a protracted China-US trade dispute, with the Indonesian index hitting a six-month closing low.
Malay Mail:
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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.
Malay Mail:
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BEIJING, May 16 —China warned the United States today against further harming trade ties after President Donald Trump effectively barred Chinese telecom giant Huawei from the US market and put it on...
The Star:
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A team at the University of Washington has invented a smartphone app that, when used with a paper funnel, is able to detect ear infections in children, helping parents decide whether a trip to the doctor is warranted.
The Star:
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A ban on facial recognition for law enforcement in San Francisco highlights growing public concerns about technology which is seeing stunning growth for an array of applications while provoking worries over privacy.
The Star:
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WASHINGTON: President Donald Trump will give the EU and Japan 180 days to agree to a deal that would “limit or restrict” imports into the U.S. of automobiles and their parts in return for delaying new auto tariffs, according to a draft executive order seen by Bloomberg.
Malay Mail:
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SINGAPORE, May 16 — A tanker carrying Iranian fuel oil in violation of US sanctions has unloaded the cargo into storage tanks near the Chinese city of Zhoushan, according to ship tracking data on Re...
Malay Mail:
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WASHINGTON, May 16 — A ban on facial recognition for law enforcement in San Francisco highlights growing public concerns about technology which is seeing stunning growth for an array of applications...
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WASHINGTON, May 16 — A major US farming organisation called yesterday for a swift resolution to the trade war with China, saying lost exports were exacerbating the burden of an industry already in h...
The Edge Markets:
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TOKYO (May 16): Asian shares steadied on Thursday on news that U.S. President Donald Trump is planning to delay tariffs on auto imports, providing much needed relief to markets hit by a flare-up in tr...
Malay Mail:
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TOKYO, May 16 — Asian shares steadied today on news that US President Donald Trump is planning to delay tariffs on auto imports, providing much needed relief to markets hit by a flare-up in trade te...
Malaysiakini:
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US President Donald Trump will visit South Korea next month for a summit with President Moon Jae In expected to focus on North Korea and the bilateral alliance, both sides announced Wednesday.
Malay Mail:
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WASHINGTON, May 16 — US retail sales unexpectedly fell in April as households cut back on purchases of motor vehicles and a range of other goods, pointing to a slowdown in economic growth after a te...
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WASHINGTON, May 16 — The Trump administration hit Chinese telecoms giant Huawei with severe sanctions yesterday, adding a new incendiary element to the US-China trade dispute just as Treasury Secret...
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WASHINGTON, May 16 — Senior officials from Boeing Co and a US aerospace trade group yesterday urged the US government to narrowly tailor any tariffs imposed on the European Union over illegal aircra...
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WASHINGTON, May 16 — The United States is close to resolving a dispute over steel and aluminum tariffs with Canada and Mexico, US Treasury Secretary Steven Mnuchin said yesterday, but Canada's forei...
The Star:
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WASHINGTON/NEW YORK: The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” - a move that bans the telecom giant from buying parts and components from U.S. companies without U.S. government approval.
The Star:
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NEW YORK: Oil futures inched up on Wednesday as the prospect of mounting tensions in the Middle East hitting global supplies overshadowed an unexpected build in U.S. crude inventories.
The Star:
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WASHINGTON: President Donald Trump on Wednesday signed an executive order declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China's Huawei Technologies Co.
Malay Mail:
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WASHINGTON, May 15 — US Treasury Secretary Steven Mnuchin said today he will likely travel to Beijing soon to continue negotiations with Chinese counterparts as the world’s two biggest economies t...
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WASHINGTON, May 15 — US manufacturing declined sharply in April, and the economy’s total industrial output for the first three months of the year were far worse than originally reported, the Feder...
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BERLIN, May 15 — German investigators swooped on the homes of wealthy individuals and financial firms today in nationwide dawn raids, as part of a tax evasion investigation triggered by high-profile...
Free Malaysia Today:
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PETALING JAYA: The United States’ Central Intelligence Agency (CIA) wants to recruit Malay-speaking agents, according to a banner displayed in Washington, DC.
The Edge Markets:
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KUALA LUMPUR (May 15): The FBM KLCI rebounded after a straight week of losses, following US President Donald Trump's positive comments on the US-Sino trade war, which buoyed investor sentiments global...
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WhatsApp said on May 14 that a security breach on its messaging app had signs of coming from a government using surveillance technology developed by a private company, and it may have targeted human rights groups.
Malay Mail:
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LONDON, May 15 — UK shares rose as risk sentiment picked up after comments from President Donald Trump playing down Washington’s trade war with Beijing, while a slew of earnings reports drove majo...
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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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TOKYO, May 15 — Asian stocks rebounded from a 3-1/2-month low today as a slight softening in rhetoric from US President Donald Trump eased worries about the US-China tariff war, and on expectations ...
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TOKYO, May 15 — Asian stocks struggled near a 3-1/2-month low today on lingering concerns over the economic impact of a US-China trade war, although an overnight bounce on Wall Street helped limit t...
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US Secretary of State Mike Pompeo told Russia on Tuesday that Washington would brook no interference in the 2020 US presidential election and wanted Moscow to take action to show there would be no rep...
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President Donald Trump on Tuesday denied a New York Times report that US officials were discussing a military plan to send up to 120,000 troops to the Middle East to counter any attack or nuclear weap...
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TOKYO: Asian stocks struggled near a 3-1/2-month low on Wednesday on lingering concerns over the economic impact of a U.S.-China trade war, although an overnight bounce on Wall Street helped limit the losses.
The Star:
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WASHINGTON: U.S. President Donald Trump on Tuesday called the trade war with China "a little squabble" and insisted talks between the world's two largest economies had not collapsed, as investors remained on guard for a further escalation of tit-for-tat tariffs
Malay Mail:
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WASHINGTON, May 15 — US President Donald Trump yesterday called the trade war with China “a little squabble” and insisted talks between the world's two largest economies had not collapsed, as in...
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WASHINGTON, May 15 — US Treasury Secretary Steven Mnuchin will plan for another trade meeting in China at some point soon, a Treasury spokesman said yesterday, adding to President Donald Trump's ear...
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WASHINGTON, May 15 — Drivers for ride-hailing company Uber Technologies Inc are independent contractors and not employees, the general counsel of a US labour agency has concluded, in an advisory mem...
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WASHINGTON: President Donald Trump is expected to sign an executive order this week barring U.S. companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China's Huawei, three U.S. officials familiar with the plan told Reuters.
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WASHINGTON, May 14 — Walt Disney Co said today it had reached an agreement to take “full operational control” of the streaming television service Hulu, effective immediately, under a deal with C...
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Saudi Arabia said armed drones had struck two oil pumping stations in the kingdom on Tuesday in what it called a “cowardly” act of terrorism two days after Saudi oil tankers were sabotaged off the...
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NEW YORK, May 14 — Wall Street stocks rose early today, winning back a fraction of the losses suffered in a broad sell-off in the prior session caused by fears over the escalating US-China trade war...
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WASHINGTON: The United States faces stiff challenges as it moves to create its own electric vehicle supply chain, industry analysts say, with the extent of the country’s metal reserves largely unkno...
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WASHINGTON, May 14 — China and the United States have agreed to keep talking about their trade dispute, the Chinese government said today, as US President Donald Trump said he thought recent discuss...
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KUALA LUMPUR, May 14 — The ringgit closed lower against the US dollar today as cautious mood prevailed ahead of the release of the gross domestic product (GDP) data on Thursday, dealers said.
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COLOMBO, May 14 — The International Monetary Fund today released a long-delayed loan instalment to Sri Lanka, providing financial relief to a government still reeling from the Easter Sunday bombings...
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NEW DELHI, May 14 — India fears China could soon start flooding excess steel into its market after the United States raised tariffs on Chinese products due to the escalating trade war between the wo...
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LONDON, May 14 — China’s yuan and the Australian dollar regained some poise today after upbeat comments from US President Donald Trump suggested trade talks with Beijing could yet make headway.
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KUALA LUMPUR: Local fund fund buying helped the battered FBM KLCI to close off its early lows but it was not enough to lift the index above the key 1,600 level on Tuesday due to the escalating US-China trade conflict.
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WASHINGTON: US President Donald Trump has repeatedly portrayed the punitive tariffs he has imposed on China and other countries as tools to create leverage and draw them into new trade deals that benefit the U.S.
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The US Supreme Court is allowing consumers to pursue an antitrust lawsuit that claims Apple has unfairly monopolised the market for the sale of iPhone apps.
The Star:
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Internet watchdog Citizen Lab says a fake Twitter account unmasked by The Associated Press was but one piece of a vast years-old and multi-lingual campaign aimed at seeding anti-Saudi, anti-Israel and anti-American stories across the Internet.
The Star:
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Facebook Inc said on May 13 it was raising its minimum wage for all US contract workers, reacting to rising costs of living as it faces intense scrutiny over the treatment of ordinary employees and their pay.
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The social media giant Facebook Inc is headed toward an agreement with the US government over its privacy policies and practices that would put it under 20 years of oversight, according to a source knowledgeable about the discussions.
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A divided US Supreme Court on May 13 gave the go-ahead to an antitrust lawsuit accusing Apple Inc of forcing consumers to overpay for iPhone software applications, a decision that could lead to billions of dollars in damages and put at risk the company's lucrative way of selling apps.
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WASHINGTON: The US prepared to hit China with new tariffs even as President Donald Trump said he’ll meet his Chinese counterpart, Xi Jinping, at next month’s G-20 summit, an encounter that could prove pivotal in a deepening clash over trade.
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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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HONG KONG/SHANGHAI: Chinese stocks fell on Tuesday as the tariff war between Washington and Beijing escalated though losses were contained after conciliatory comments from U.S. President Donald Trump and amid suspected state-backed buying of equities.
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BEIJING/WASHINGTON: China and the United States both have the "ability and wisdom" to reach a trade deal that is good for both, the Chinese government's top diplomat said, as U.S. President Donald Trump said he thought recent talks in Beijing would be successful.
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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.
Malay Mail:
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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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KUALA LUMPUR (May 14): Malaysian palm oil futures rose as much as 1.1% in early trade on Tuesday, in line for a second day of gain.
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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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WASHINGTON, May 14 — The US Supreme Court ruled yesterday that a consumer lawsuit accusing Apple of illegally monopolizing the company’s App Store may proceed, opening a new avenue of antitrust li...
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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.