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WASHINGTON: US President Donald Trump's threat to jack up U.S. tariffs on Chinese goods if the world's two largest economies fail to reach a trade deal could raise the price of cellphones, laptops, and toys less than two weeks before Christmas.
DUBLIN: Ryanair has announced a further two-month delay to the start of its Boeing MAX 737 deliveries and warned it may have none of the jets to fly next summer, which would freeze growth of one of Europe’s fastest growing airlines.
MANILA: The Philippine central bank is done with easing monetary policy for this year after it cut interest rates three times and pumped liquidity into the banking system, Governor Benjamin Diokno said.
LONDON: KPMG plans to cut about 65 of its 635 UK partners by Christmas following a review of individual performance, the Financial Times reported on Sunday, citing two people familiar with the matter.
As we welcome November, we are now just left with two months into the year and before we know it, we will be welcoming the year 2020. What does this mean for the local market? Well, as we know, the KLCI is still down some 5.5% up to end of Oct this year and remains as one of the worst performing bourses in Asia.
LONDON: Britain will hold its first December election in almost a century after Prime Minister Boris Johnson won approval from parliament on Tuesday for an early ballot aimed at breaking the Brexit deadlock.
HONG KONG: Retail rents in Hong Kong, among the most expensive in the world, fell sharply in the third quarter, property consultancy CBRE said following anti-government protests that have pushed shop sales to a record low.
Zurich: In the Swiss canton of Zug, officials are going to extremes to avoid getting penalised by the world’s lowest interest rate.
IN less than a week, Finance Minister Lim Guan Eng will be tabling Budget 2020.
CHICAGO: A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly cancelled a visit to farms in Montana and Nebraska amid two days of ongoing talks in Washington.