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How China may strike back amid trade tensions

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.

Construction stocks surge

PETALING JAYA: Several construction stocks on Bursa Malaysia surged as uncertainties surrounding the billion ringgit light rail transit 3 (LRT3) project eased.

Feeling uneasy over certain developments

From T.K. CHUA, Kuala Lumpur.

Indonesia reaches deal with Freeport on Grasberg mine

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.

Breathing new life into Klang

Although steeped in history, the past decade has not been been kind on Klang, but plans are afoot to rejuvenate the town.

Comcast boosts Sky bid

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.

SoftBank’s cheap valuation draws US fund Tiger Global

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%.

Fruits of his labour

SIBU: Now is the best time to buy pumpkin as there is a glut of the vegetable.

Local material use, wastage reduction can keep cost down

KUCHING: Entrepreneurs in Sarawak should use local materials and reduce wastage to keep their costs down.

K-One Technology

Rally sustained on rising momentum