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Business

S&P, Dow advance on trade optimism

NEW YORK: The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp dragged down the Nasdaq

Business

China ready for US talks

SINGAPORE: China is ready to hold discussions and work with the United States to resolve trade disputes because the world’s two largest economies stand to lose from confrontation, vice-president Wang Qishan said.

World

China VP Wang says Beijing ready for U.S. talks, work for trade solutions

SINGAPORE (Reuters) - China is ready to hold discussions and work with the United States to resolve trade disputes because the world's two largest economies stand to lose from confrontation, Vice President Wang Qishan said on Tuesday.

Business

China says ready for US talks, sees no winners in trade war

SINGAPORE: China is ready to hold discussions and work with the United States to resolve trade disputes because the world's two largest economies stand to lose from confrontation, Vice President Wang Qishan said on Tuesday.

Business

Treasury Pulse

THE dollar depreciated by 0.31% to 96.7 largely after improving risk appetite in the global markets added with weaker-than-expected October ISM Manufacturing PMI, which came in at 57.7 points (previous: 59.8 points; cons: 59 points), signalling a slowing momentum in the US economy.

Analyst Reports

Trading ideas: Gamuda, MMC, MISC, Scomi, Vizione, Ranhill and Bintai Kinden

KUALA LUMPUR: Stocks to watch for on Tuesday include Gamuda, MMC, MISC, Scomi Group, Vizione, Ranhill and Bintai Kinden, said JP Apex Research in its daily highlights report.

World

Pompeo pledges coordination with Japan in North Korea talks, to raise abduction issue

TOKYO (Reuters) - U.S. Secretary of State Mike Pompeo said on Saturday he would coordinate closely with Japan during denuclearisation talks with North Korea and promised to raise the issue of the abductions of Japanese citizens in his meetings in Pyongyang.

Business

Stocks rise boosted by Apple,Amazon; US$ gains

NEW YORK: The U.S. dollar held near a one-week high against a basket of major currencies on Thursday following an interest rise by the Federal Reserve on Wednesday, while robust economic growth and a rally in the shares of Apple Inc and Amazon.com Inc boosted the U.S. stock market

Business

Another victim of the trade war: U.S. oil exports to China

SINGAPORE: U.S. oil exports to China are becoming a casualty of Donald Trump’s trade war with Xi Jinping’s administration.

Business

China is open to US talks, but not with a knife at its throat

BEIJING: China said it’s open to talking on the trade dispute, but it needs the U.S. to show sincerity and not put a knife at Beijing’s throat.