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Trump won't soften hardline on China to make trade deal

WASHINGTON: As much as U.S. President Donald Trump wants to boost markets through a trade pact with China, he will not soften his position that Beijing must make real structural reforms, including how it handles intellectual property, to reach a deal, advisers say.

White House economic adviser Larry Kudlow told Reuters that forced technology transfers, IP theft and ownership restrictions remained a top priority for Trump.(pic)

Ringgit declines against US$ on weak oil prices

KUALA LUMPUR: The ringgit was lower against the US dollar in early session Wednesday as buying sentiment for the local note was hampered by weaker global oil price.

At 9.06 am (0106 gmt), the ringgit stood at 4.1340/1390 against the greenback from 4.1300/1350 recorded at the close Tuesday.

Brexit backer Dyson moves vacuum giant's HQ to Singapore

LONDON: James Dyson, the billionaire Brexit supporter who revolutionised vacuum cleaners with his bagless technology, is moving his head office to Singapore from Britain to be closer to his company's fastest-growing markets.

James Dyson(pic) came out in favour of Brexit days before the 2016 vote, when he said Britain could be about 18.5 billion pounds better off each year if it left the European Union.  But with only weeks before Brexit, other manufacturers are warning of huge damage if no divorce deal is struck.