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KUALA LUMPUR: Malaysia is offering airwaves for 5G networks at little cost to carriers to reduce the investment needed for the speedier wireless service, a model followed by China in its rollout of the technology last year.
SINGAPORE: Oil extended declines from the lowest close in seven weeks on speculation China’s coronavirus outbreak may dent demand as the market tackles a glut of global crude supplies.
KUALA LUMPUR: The FBM KLCI continued to shed points on Thursday with investors taking money off the table ahead of the Chinese New Year celebrations.
BEIJING: China’s financial markets are under renewed pressure after officials halted travel from a city of 11 million in an attempt to stop a new SARS-like virus from spreading.
KUALA LUMPUR: Investors are going bargain hunting in Malaysia as they expect government policy changes to start bearing fruit.
NEW YORK: World stock markets gained back some ground on Wednesday as investors took heart from measures to curb the spread of a flu-like virus from China, while oil prices tumbled on a forecast for a market surplus.
SINGAPORE: Malaysia is unlikely to suffer any loss in its palm oil business from China, despite Beijing pledging to boost soybean purchases from the US amid the trade war, according to International Trade and Industry Minister Darell Leiking.
SYDNEY: China’s fragile economic stabilisation could be at risk if authorities fail to contain the new virus currently sweeping across Asia, economists have warned.
Hong Kong: Mainland Chinese, once the driving force behind Hong Kong’s stratospheric home prices, are now shunning the city after months of protests.