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Tenaga rebound helps KLCI pare losses

KUALA LUMPUR: A rebound in Tenaga Nasional's share price helped the FBM KLCI recoup most of its early losses while fund buying was seen in Genting and IHH also.

South Korea's won is Asia's whipping boy in US-China trade war

SEOUL/TOKYO: South Korea's exposure to a stressed global manufacturing supply chain has knocked its currency - Asia's most risk sensitive - to over two-year lows as investors use it as a proxy to bet on the economic costs of a protracted US-China trade war.

Foreign selling of ringgit bonds slows down in May

KUALA LUMPUR: Foreign appetite for Ringgit bonds remained lacklustre in May with RM4.2bil of outflows in May as the US-China trade tensions intensified, according to Maybank Investment Bank Research.

Foreign appetite for Ringgit bonds remained lacklustre in May with RM4.2bil of outflows in May as the US-China trade tensions intensified.

Trump insists there's more to Mexico deal, waves document as proof

WASHINGTON: U.S. President Donald Trump on Tuesday insisted there was more to the migrant deal with Mexico announced over the weekend, even after Mexican officials unveiled new details of the agreement, and waved around a document that he said proved his point.

U.S. President Donald Trump holds up a copy of a deal with Mexico on immigration and trade as he speaks to the news media prior to departing for travel to Iowa from the White House in Washington, U.S., June 11, 2019.

Wall Street treads water after recent rally

NEW YORK: U.S. stocks ended near flat and the Dow snapped a six-day winning streak on Tuesday, as investors paused following a run of gains and fresh worries emerged over the U.S. trade war with China.

The Dow Jones Industrial Average fell 14.17 points, or 0.05%, to 26,048.51, the S&P 500 lost 1.01 points, or 0.03%, to 2,885.72 and the Nasdaq Composite dropped 0.60 points, or 0.01%, to 7,822.57