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Merkel, Xi agree to work on steel overcapacity within G20

BERLIN: German Chancellor Angela Merkel and Chinese President Xi Jinping discussed overcapacity in world steel markets and agreed on Saturday to work on solutions within the framework of the G20 group of industrialised nations, Merkel's spokesman said.

German Chancellor Angela Merkel

The business of the ministries

IN this second article, on political economy issues that must be considered by political parties as they prepare for the 14th general election, my focus is on modes of government intervention in the Malaysian economy. It is well-known that the Government actively intervenes in the economy, primarily through the employment of government-linked companies (GLCs). However, what is not well-known is that federal ministries, under the control of cabinet ministers, also have control of GLCs.

Return of volatility

What are we to do? by Lin See-Yan
Are we ready for the next financial crisis?

Repeat of mistakes: A steelworker checks the temperature of molten metal in furnace at a steel plant in Pennsylvania. Trump protectionist measures – new tariffs on steel and aluminium – may look like a repetition of President George W. Bush’s mistakes. — AFP

Operating under one roof

Unified approach will drive effectiveness and reduce cost of engagement

Tan: This is to get everyone to focus on a seamless honest solutions to drive growth.

Uncertainty plagues equity markets

Market trend by Fong MIn Yuan
REVIEW: Stateside news continued to dominate the market news feeds over the past week and kept investors on their toes.

Aramco IPO gets cool response from US investors

HOUSTON: Saudi Arabia’s willingness to delay the initial public offering (IPO) of state oil company Aramco to 2019 has several motivations, from regulatory risk to competing projects in the government’s crowded agenda.