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US eases curbs on Huawei; founder says clampdown underestimates Chinese firm

SHANGHAI/NEW YORK: The United States has temporarily eased trade restrictions on China's Huawei to minimize disruption for its customers, a move the founder of the world's largest telecoms equipment maker said meant little because it was already prepared for U.S. action.

Huawei founder Ren Zhengfei on Tuesday told Chinese state media that the reprieve bore little meaning for the company as it had been making preparations for such a scenario.  "The U.S. government's actions at the moment underestimate our capabilities," Ren said in an interview with CCTV, according to a transcript published by the Chinese state broadcaster.

Wall St. rises as Huawei reprieve boosts tech shares

NEW YORK: Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased curbs on China's Huawei Technologies Co Ltd, alleviating investor concerns about pressure on future corporate results in the sector.

The Dow Jones Industrial Average rose 197.43 points, or 0.77%, to 25,877.33, the S&P 500 gained 24.13 points, or 0.85%, to 2,864.36 and the Nasdaq Composite added 83.35 points, or 1.08%, to 7,785.72.  Even with Tuesday's gains, the S&P 500 is still on track to post its first monthly decline of the year.

Wish World Cup started tomorrow, says England's Morgan

LONDON (Reuters) - Confidence levels are soaring so high in the England team that captain Eosin Morgan wishes the World Cup was starting tomorrow.

Mexico to auction Lamborghini, other seized assets to help poor

MEXICO CITY (Reuters) - Mexico's government will auction a Lamborghini, homes and other assets seized from gangsters and at least one former politician, officials said on Tuesday, part of a "Robin Hood" programme to use millions of dollars in ill-gotten gains to aid the poor.

Syrians detained, killed in southern cradle of revolt - U.N.

GENEVA (Reuters) - At least 380 civilians have been arrested in Syria's south and 11 civilians serving on local councils and former fighters have been killed or attacked there since the government retook the area, the United Nations said on Tuesday.

Inside the highest airport

Beijing: On a basketball court at Ali Kunsha Airport, which sits at an altitude of 4,274m above sea level, a group of young people wearing airport safety vests are playing. They are sweating, yelling and breathing loudly. These young people who work at the fourth-highest airport in the world will represent the airport the following day to play in a regional championship in Ngari prefecture, Tibet autonomous region.

KL’s Venetian dream collapses

EXCLUSIVE: FIRST it was pollution woes caused by silt and sedimentation originating from illegal land clearing activity upstream of Sungai Gombak, which turned the river and its tributaries into a brown sludge.

Bird’s eye view of the collapsible weir project at the Brickfields part of Sungai Klang that looks like it is still under construction. — Photos: FAIHAN GHANI and LOW LAY PHON/The star

Developer: Change in public mindset can save rivers

THE developer of River of Life (RoL), Ekovest Bhd, is not surprised to hear news of the deteriorating condition of Sungai Gombak and Sungai Klang.




Several tonnes of rubbish are accumulated in log booms across Sungai Gombak and Sungai Klang every day because people throw trash into rivers indiscriminately.

Huawei sales in China not dampened by Google’s restrictions

GOOGLE’S restriction of key software and technical support to phone maker Huawei is not expected to dampen domestic sales in China as Google services have long been banned in the country, Sin Chew Daily reported.

Vietnamese and Thai arrested with exotic Lao birds

Bangkok: A Vietnamese man and his Thai helper were arrested in Nakhon Phanom while allegedly trying to smuggle a cache of exotic birds from Laos.