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SHANGHAI: China stocks started the week on a soft note, though losses were limited on easing Sino-U.S. trade frictions, while bleak economic data on Monday raised hopes that Beijing will dole out more stimulus to underpin the economy.
BEIJING: China’s slowdown is deepening just as risks for the global economy mount, piling pressure on the authorities to do more to support growth.
Most Southeast Asian stock markets fell on Monday after dismal data from China, the region's biggest trading partner, signalled weakness for the broader Asian economy, while oil importers were affected following attacks on Saudi Arabia's crude facilities.
SHANGHAI: China stocks started the week on a mixed note after bleak economic data reinforced hopes Beijing will roll out more stimulus to underpin the economy and as investors pondered over the latest developments in the Sino-U.S. tariff war.
Apple Inc is getting ready to launch its own streaming-video service, Apple TV+, in the coming weeks.
HONG KONG: The yuan held a firm tone on Monday after a holiday weekend, with markets cheered by signs of progress in U.S.-China trade negotiations though weak economic data at home and turmoil in oil markets curbed gains.
BEIJING: China's industrial production growth skidded to its weakest pace in 17 years and a half in August, expanding just 4.4% year-on-year, signalling further weakness in an economy hit by the trade war and slowing demand.
NEW YORK (Reuters) - U.S. motorists most likely to feel the hit from rising gas prices following the attacks on Saudi Arabia's oil facilities are on the West Coast, which accounts for nearly half of all of U.S. crude imports from the kingdom.
The disruption of Saudi Arabia’s production facilities comes at a time when the world is experiencing an excess supply of crude oil and slowing economy.
PETALING JAYA: As Malaysia embarks on its digital banking licensing framework, incumbent banks are feeling the pressure as more non-bank players enter the digital fray.