BEIJING: Alibaba Chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the United States due to U.S.-China trade tensions, Chinese news agency Xinhua reported on Wednesday.
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KUALA LUMPUR: The trading of shares in Pinehill Pacific Bhd (PinePac) will be suspended on Friday to make way for a material announcement, the company said in a filing with Bursa Malaysia.
PETALING JAYA: The government, which had previously identified at least RM10bil worth of spending cuts, plans to further strengthen its cashflow by monetising some of its non-strategic assets and gradually issuing new sovereign debts
PETALING JAYA: The demand for the steel sector is expected to remain subdued in the second half of the year although there was a slight recovery early this month.
KUALA LUMPUR: Thermoform food packaging manufacturer SCGM Bhd is targeting new export markets with the commissioning of its new Kulai factory in December this year.
KUALA LUMPUR: Eco World Development Group Bhd posted a 47.6% jump in net profit to RM38.5mil in the third quarter ended July 31 on revenue of RM490mil.
NEW YORK: Chinese stimulus may rescue more than just the domestic economy.
MONROVIA: Liberia banned 15 officials including a former central bank governor from leaving the country as it searches for about $100 million in cash, or the equivalent of almost one-fifth of its budget, that was printed abroad and disappeared after arriving at the port.
KUALA LUMPUR: Telekom Malaysia Bhd (TM) has introduced the new unifi 100Mbps plan at RM129 per month - a broadband experience with unlimited usage, access to unifi PlayTV packages and free 600 minutes of voice calls.
KUALA LUMPUR: Malaysian palm oil futures hit their lowest in nearly two months on Wednesday, tracking declines in related edible oils and as traders expect higher stockpiles in producer nations.