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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives will likely remain in range-bound trading at between RM2,130 and RM2,170 next week, as traders may adopt a wait-and-see attitude, amid the ongoing trade tensions between the United States (US) and China, a dealer said.
LONDON: Following are five big themes likely to dominate thinking of investors and traders in the coming week
REVIEW: The confirmation that US President Donald Trump was moving ahead with tariffs on US$200bil of Chinese imports was bound to make waves on the global markets.
Despite the growing uncertainties in the global economy, especially given the escalating trade war between China and the US, Mi Equipment Holdings Bhd remains optimistic on the prospects of the semiconductor industry.
Govt urged not to be fixated on reducing budget deficit at the expense of growth
Trade war mania and emerging market routs have been driving markets, and for now they do as if the reversal is taking place.
THE US dollar weakened by 0.62% to close at 93.912, its seven-week low following the improvement in risk appetite in the global markets while Dow Jones and S&P500 closed 2.3% to 26,657 and 1.5% to 2,931.
UNITED NATIONS (Reuters) - Since U.S. President Donald Trump made his debut at the United Nations a year ago pushing an "America First" policy, he has quit the Iran nuclear deal, the U.N. Human Rights Council and lashed out at some of the closest allies of the United States.
WASHINGTON (Reuters) - The Trump administration imposed sanctions on the Chinese military on Thursday for buying fighter jets and missile systems from Russia, in breach of a sweeping U.S. sanctions law punishing Moscow for meddling in the 2016 U.S. election.
HONG KONG: Asia’s economies can handle rising interest rates and a limited U.S.-China trade war, according to simulations run by researchers with Asia’s $240 billion collective liquidity buffer, set up in the aftermath of the region’s financial crisis two decades ago.