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Is 25% the final cut or will it be reduced to 50%?

ABOUT two weeks ago, Telekom Malaysia Bhd (TM), the main Internet access provider, published a pricing structure for access on its website that seemed different from what the regulator had suggested earlier this year.

Tenaga, telcos weigh down KLCI, banks rebound

KUALA LUMPUR: Bursa Malaysia resumed its slide in Friday morning trade as Asian equity slid to yearly lows as the US trade war threatened to erode corporate profits.

Malaysia's key stock index drops below 1,700

PETALING JAYA: The FBM KLCI broke below the psychologically important 1,700-point mark yesterday after uncertainties from the US-China trade war continued to dominate headlines. The benchmark index fell 17.43 points or 1.02% by the end of the day to close at 1,692.32 points.

Taking a hit: Retail traders viewing share prices at a private gallery in Kuala Lumpur. The fallout from the brewing US-China trade war continue to keep investors at bay and sellers overwhelmed buyers on the local bourse

China's Xiaomi targets as much as US$6.1b in Hong Kong IPO

HONG KONG: Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent years.

Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion from a Hong Kong IPO.

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