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Japan weighing downgrade of economic view

TOKYO: Japan’s government is considering downgrading its assessment of the economy next week as the intensifying Sino-US trade war takes a toll on exports and factory output, a government source with direct knowledge of the matter told Reuters.

Iran exercises restraint despite US sanctions

TOKYO: Iran is committed to its obligations under an international nuclear deal despite the US withdrawal from the landmark agreement, its foreign minister said, calling the reimposition of US sanctions “unacceptable”.

Most Asean markets end lower as US ban on Huawei rattles markets

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.

Late selling sends KLCI below 1,600; Leong Hup unchanged

KUALA LUMPUR: Late selling pressure on Public Bank, Maybank and Tenaga Nasional forced the FBM KLCI to close below the key 1,600 level on Thursday while Leong Hup International ended its first trading day unchanged.