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Bursa cautious but key Asian markets rally on trade deal hopes

KUALA LUMPUR: Bursa Malaysia ended Wednesday lower,  dragged down by IOI Corp and Axiata, while most key Asian markets chalked up solid gains on US President Donald Trump's suggestion of a fresh deadline for US-China trade deal.

Economic crisis can trigger world war

KUALA LUMPUR and BERLIN: Economic recovery efforts since the 2008-2009 global financial crisis have mainly depended on unconventional monetary policies. As fears rise of yet another international financial crisis, there are growing concerns about the increased possibility of large-scale military conflict.

KLCI shrugs off rally in regional markets

KUALA LUMPUR: The FBM KLCI bucked the regional trend in Wednesday morning trade as it failed to pick up on the rising investor confidence in equities.

US energy frim AES sees US$50b opportunity in Indian energy storage

NEW DELHI: India is presenting a potential investment opportunity of $50 billion in battery storage facilities that could help integrate renewable energy into the grid, replace polluting diesel-fueled power and boost electric mobility, the head of American energy firm AES Corp. said.

AES Corp Chief Executive Officer Andres Gluski