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Hong Kong stocks rise as US-China trade war fears ease

HONG KONG: Hong Kong stocks rose on Monday, after U.S. Treasury Secretary Steven Mnuchin said Washington's trade war with Beijing was put "on hold", easing trade tensions that had damped risk appetite.

Business as usual for MRCB

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) does not expect the pledges made by the new Pakatan Harapan Government to have an impact on the company’s ongoing projects.

GSB Group shares jump 11% on takeover bid

KUALA LUMPUR: Shares in GSB Group Bhd leapt after the company received a conditional mandatory general offer from its major shareholder of 13 sen per share.

US, China putting trade war on hold, Treasury's Mnuchin says

WASHINGTON: The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday.

"We are putting the trade war on hold. Right now, we have agreed to put the tariffs on hold while we try to execute the framework," Mnuchin(file pic) said in a television interview on "Fox News Sunday."