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Malaysia among countries used by US importers to skirt tariffs

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.

Foreign funds snap four-week buying spree

KUALA LUMPUR: Foreign funds turned to selling mode last week after four straight weeks of buying into stocks listed on Bursa Malaysia.

What Trump’s tale about the US trade war’s role in China’s economic decline got wrong

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.

Takeaways from Japan poll: diplomatic challenges and diversity

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

Tech leads US stocks higher

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.

Philips profit shows how plant rejig offers trade war remedy

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.

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Boeing’s 737 MAX grounding spills over into economy, weighs on GDP

Airlines, suppliers and trade data show effects of plane maker’s crisis

Affin Hwang: Malaysia must prepare for possible global recession

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, Amazon set lobbying records as tech scrutiny grows

Facebook Inc and Amazon.com Inc set records for lobbying in the second quarter as Washington ramped up scrutiny of big technology companies.

Mexican Federal Police accused of harassment at migrant shelter, latest in a series

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.