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KUALA LUMPUR: Big US companies are accelerating efforts to move more of their supply chains from China to neighbouring countries in light of Trump administration tariffs.
KUALA LUMPUR: Foreign funds turned to selling mode last week after four straight weeks of buying into stocks listed on Bursa Malaysia.
China’s second-quarter GDP slowdown has more to do with the government’s debt crackdown than the US president’s efforts. Given China’s huge contribution to global GDP growth, any decline will adversely affect all economies.
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe has avoided lame-duck status after his ruling bloc won a solid victory in Sunday's upper house election but the poll - with nearly record-low turnout - has dented his hopes of revising the pacifist constitution and left him facing tough diplomatic challenges
NEW YORK: U.S. stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in U.S.-China trade talks and increasing geopolitical tensions sent oil prices climbing.
AMSTERDAM: Royal Philips NV’s efforts to revamp supply chains to avoid tariffs from the US-China trade dispute are paying off, with the Dutch healthcare company reporting better-than-estimated profit.
Airlines, suppliers and trade data show effects of plane maker’s crisis
KUALA LUMPUR: Warning of a very real possibility of a global economic recession next year, Affin Hwang Capital said Malaysia needs to implement immediate, short-term measures to cushion against the impact.
Facebook Inc and Amazon.com Inc set records for lobbying in the second quarter as Washington ramped up scrutiny of big technology companies.
MEXICO CITY (Reuters) - The Mexican Federal Police harassed migrants and threatened to raid a migrant shelter in Coahuila over the weekend, according to the head of a state agency and the head of the shelter, the latest in a series of similar reported incidents.