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WASHINGTON (AFP): The United States and China have signed a truce in their trade war after nearly two years of tensions, bringing relief to markets but largely leaving massive tariffs in place.
HONG KONG (AFP): Asian markets rose early Thursday (Jan 16) as details were released of the China-US trade deal signed in Washington, with analysts saying it would allow investors to turn their focus to the global outlook and earnings season.
KUALA LUMPUR: Bursa Malaysia got off on a cautious start again on Thursday, weighed down by Tenaga Nasional, as investor sentiment remained muted after the record closing on Wall Street overnight.
KUALA LUMPUR: Bermaz Auto Bhd, FGV Holdings Bhd, Cuscapi Bhd, OSK Holdings Bhd, Securemetric Bhd, Pestech International Bhd and Pantech Group Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
NEW YORK: The Dow ended above 29,000 for the first time on Wednesday and the S&P 500 also closed at a record high after the United States and China signed a Phase 1 trade agreement and pledged to resolve a tariff dispute that has roiled Wall Street for over a year.
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HONG KONG: A smooth sale of a Tesco unit will signal it’s mostly back to business as usual for Goldman Sachs. The US bank is advising the British grocer on a potential US$9bil exit from South-East Asia.
Shares in Pinterest popped on Jan 14 after a market tracker reported that the online bulletin board surpassed Snapchat to become the third most used social media platform in the United States.
TOKYO: Stocks were steady in early Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary's that tariffs would remain in place for now.
(Reuters) - President Donald Trump lashed out at Apple Inc