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THE influx of cheap electrical items, spurred by the boom in e-commerce, is dampening the sales of manufacturers based in Malaysia.THE influx of cheap electrical items, spurred by the boom in e-commerce, is dampening the sales of manufacturers based in Malaysia.
REVIEW: The positive momentum generated by the US and China approaching a trade deal could not be sustained without new developments.
HONG KONG (Reuters) - Hong Kong sank into recession for the first time in a decade in the third quarter, government data confirmed on Friday, weighed down by increasingly violent anti-government protests and the escalating US-China trade war.
SHANGHAI: China stocks fell on Friday to end the week lower, with the country's blue-chip index posting its biggest weekly decline in more than three months, amid uncertainty around the Sino-U.S. trade deal while investors sought more clues on Beijing's policy support in the midst of a slowing economy.
BUYING travel products has become a new favourite of Chinese consumers during the Singles Day shopping spree, and the growth rate in this activity has exceeded the purchases of some physical goods.
HONG KONG: Cracks are starting to emerge in Hong Kong’s currency and money markets, as traders speculate the local dollar’s resilience to increasingly violent protests won’t last.
KUALA LUMPUR: Top Glove Bhd could be seeing better quarters ahead amid improving demand for Malaysian rubber gloves, says Affin Hwang Capital research.
HONG KONG: Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll.
NEW YORK: World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the U.S.-China trade war's impact on global growth.
Investors that bet on the rising fortunes of startups are finding it difficult to cash out at a profit