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SAN FRANCISCO: China expressed regret over Qualcomm Inc’s decision to scrap a US$44bil takeover of NXP Semiconductors NV, an apparent attempt to avoid blame after regulators failed to rule on what would have been the largest chip acquisition in history.
THE proposal seeks a softer Brexit for exporters of goods, but a hard Brexit for services. The publication of the UK government’s white paper outlining its approach to Brexit marks a significant and long overdue step towards the UK leaving the European Union.
SHANGHAI: Six of China’s biggest state-owned firms have drawn up plans to reduce debt and leverage in the coming two years, state media said on Friday, part of the country’s efforts to rejuvenate the debt-ridden sector.
PUTRAJAYA: Petroliam National Berhad (Petronas) will know today if it can commence proceedings in the Federal Court against the Sarawak government pertaining to the regulatory authority over upstream oil and gas activities in Sarawak.
NEW YORK: Virtual currency sales ballooned to $9.1 billion so far this year, exceeding the $6.6 billion total for all of 2017, a financial technology data provider reported on Monday, but it said the monthly trend actually showed a slowdown if the two biggest offerings are excluded.
SINGAPORE: Singapore authorities are fully prepared to extend further assistance to their Malaysian counterparts on 1MDB-related transactions, the Commercial Affairs Department and the Monetary Authority of Singapore (MAS) said in a statement.
SINGAPORE: Singapore authorities are fully prepared to extend further assistance to their Malaysian counterparts on 1MDB-related transactions, the Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) said in a statement on Wednesday morning.