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One of the hottest commodities in China right now is a pair of sneakers.
GENEVA: China is seeking US$2.4 billion in retaliatory sanctions against the United States for failing to comply with a World Trade Organization ruling in a case that highlights White House complaints about the global trade body.
The Budget 2020 announcement that the threshold for foreign ownership of high rise property would be lowered from RM1mil to RM600,000 caught many by surprise. How much unsold property is out there anyway? Find out here.
NEW YORK: Oil prices fell nearly 1% on Monday after comments from a U.S. official fed concerns surrounding the U.S.-China trade war, adding to worries that a slowing global economy would reduce demand for oil.
NEW YORK: World stock indexes rose on Monday as signs of work to resolve the U.S.-China trade war bolstered investor hopes, while the Canadian dollar strengthened in the hours before results of the election for prime minister.
KUALA LUMPUR: Malaysia will not allow Chinese ideology to be taught in schools although the country will remain friendly to China for trade purposes, says Tun Dr Mahathir Mohamad.
WITH a large influx of foreign direct investment into Malaysia, the demand for Mandarin-literate talents has shot up, reported Nanyang Siang Pau.Recruitment agencies are reporting an increasing demand for mid-senior level employees who can read and write in Mandarin.
FROM MICHAEL TAI
HONG KONG: Hong Kong officials apologised to Muslim leaders after riot police sprayed a mosque and bystanders with a water cannon while trying to contain pro-democracy demonstrations in the semiautonomous Chinese city.
PETALING JAYA: The risk of Malaysia being excluded from the World Government Bond Index (WGBI) is lower now after Bank Negara’s initiatives and engagements to address investor concerns, RAM Ratings says.