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HONG KONG: Asian stocks are set for a cautious start on Wednesday as investors move to the sidelines before a potentially tense meeting between Donald Trump and Chinese President Xi Jinping later this week.
KUALA LUMPUR: Blue chips traded lower early Wednesday with profit taking seen in key stocks but the broader market was firmer, underpinned by foreign fund buying and expectations of stronger export data to be released at midday.
China’s tighter capital controls are forcing developers to walk away from the domestic market when it comes to selling overseas projects
HONG KONG: Morgan Stanley warned of risks to Indonesian earnings growth as foreign investors pile into the country’s equities and help send the Jakarta Composite Index to a record.
KUALA LUMPUR: While blue chips struggled to advance on Wednesday, lower liners and penny stocks – linked to technology and oil - continued to see heavy churning but the broader market stayed firm.
KUALA LUMPUR: Aladdinstreet.com aims to raise US$50mil (RM221.5mil) in the next six months to expand its business globally and enhance its advertising and promotions, said co-founder and president Datuk Seri Desmond To.
KUCHING: World No. 1 Lee Chong Wei stayed steady to march into the second round of the Malaysian Open here.
Police say probably inexperienced culprit escaped with jewellery worth HK$600,000 and HK$7,000 in cash
NEW YORK: Wall Street ended lower on Wednesday after a late-afternoon reversal following signals from the Federal Reserve that it could change its bond investment policy this year, quenching a rally sparked by a strong private-sector jobs report.