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NEW YORK: President Donald Trump’s latest move to ratchet up tariffs on Chinese goods raises the spectre that China could strike back by tripping up US companies doing business in the Asian nation – and tech is especially vulnerable.
PETALING JAYA: Several construction stocks on Bursa Malaysia surged as uncertainties surrounding the billion ringgit light rail transit 3 (LRT3) project eased.
From T.K. CHUA, Kuala Lumpur.
JAKARTA: Indonesia has struck an “initial agreement” to take majority ownership of Freeport-McMoRan Inc’s giant Grasberg copper and gold mine, according to President Joko Widodo.
Although steeped in history, the past decade has not been been kind on Klang, but plans are afoot to rejuvenate the town.
LONDON: Comcast Corp increased its takeover bid for Sky Plc to US$34bil, topping an offer from Rupert Murdoch’s 21st Century Fox Inc and escalating a global standoff between the media giants.
TOKYO: US hedge fund Tiger Global has built a stake worth over US$1bil in SoftBank Group Corp as it considers the Japanese firm undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8%.
SIBU: Now is the best time to buy pumpkin as there is a glut of the vegetable.
KUCHING: Entrepreneurs in Sarawak should use local materials and reduce wastage to keep their costs down.
Rally sustained on rising momentum