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KUALA LUMPUR: Penang-born Datuk Seri Cheah Cheng Hye (pic) who left Malaysia decades ago counts the middle-income trap, brain drain and high public service spending as current risks to the country.
WASHINGTON (Reuters) - U.S. Secretary of State Rex Tillerson and China's top diplomat Yang Jiechi on Thursday reaffirmed their countries' commitment to exert pressure in Pyongyang over its nuclear weapons, the U.S. State Department said.
HONG KONG: China’s yuan sank the most since the aftermath of its shock 2015 devaluation, after data showed the country’s trade surplus more than halved last month, and investors speculated controls on outward cash flows will be eased.
BEIJING: Three quarters of companies surveyed by the American Chamber of Commerce in China (AmCham) say they feel increasingly unwelcome, reflecting perceptions foreign firms aren’t treated equally to domestic competitors.
NEW YORK: Anybody hoping for a replay of the stock market advance that followed US President Donald Trump’s first address to Congress may be disappointed. This time around, shares could suffer if Trump does not tread carefully on hot-button issues.
WHILE not many believe the Dow Jones, pitted against bitcoin prices, will fall, the warning may be something to look at.
SHANGHAI: Commodities would be particularly exposed if U.S. President Donald Trump’s decision to impose tariffs on foreign solar panels and washing machines sparks a tit-for-tat trade war with nations around the world.
DAVOS, Switzerland (Reuters) - There has been no sign that Britain intends to backtrack on the commitments it made in December on the Irish border and doing so would erode trust for the rest of the Brexit negotiations, Ireland's Prime Minister said on Thursday.
OKYO:Asian stocks held near a record high on Thursday though concerns about the Trump administration's protectionist stance cast a shadow on financial markets, while the dollar was under pressure after U.S. Treasury Secretary Steven Mnuchin welcomed a weaker currency.