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PETALING JAYA: With the prolonged US-China trade war and global growth moderating across developed and emerging economies, coupled with geopolitical tensions, the banking sector as a bellwether of the Malaysian economy is not being spared from a tough 2020.
WASHINGTON: US and Chinese trade negotiators held "constructive discussions” in a phone call on Saturday to address each side’s core concerns of phase one of the trade deal.
Beijing’s integrationist vision and Hong Kong protestors’ demand for a Western-style democracy illustrate a central dichotomy which needs to be addressed.
A 14-member Malaysian delegation spent about one week in two cities in China – Shanxi and Ya’nan – to foster closer ties with businessmen there.
REVIEW: The positive momentum generated by the US and China approaching a trade deal could not be sustained without new developments.
HONG KONG (Reuters) - Hong Kong sank into recession for the first time in a decade in the third quarter, government data confirmed on Friday, weighed down by increasingly violent anti-government protests and the escalating US-China trade war.
SHANGHAI: China stocks fell on Friday to end the week lower, with the country's blue-chip index posting its biggest weekly decline in more than three months, amid uncertainty around the Sino-U.S. trade deal while investors sought more clues on Beijing's policy support in the midst of a slowing economy.
HONG KONG (Reuters) - Anti-government protesters paralysed parts of Hong Kong for a fifth day on Friday, forcing schools to close and blocking some main roads, as university students barricaded campuses and authorities struggled to calm the violence.
KUALA LUMPUR: THe FBM KLCI just barely edged into positive territory at midday following the release of Malaysia's 3Q GDP results.
HONG KONG: Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll.