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JAKARTA: Wildfires, smoke and drought are inflicting an increasingly painful toll on Indonesian agriculture, hurting everything from oil palm plantations to rubber trees and rice fields.
KUALA LUMPUR: The ringgit opened higher versus the US dollar today, lifted by the rising crude oil price, which is currently trading at US$63.84 per barrel, up by 0.81 per cent.
JAKARTA: Indonesian President Joko Widodo ordered a crackdown against individuals and companies responsible for forest fires that have caused a dangerous haze in parts of Southeast Asia, disrupting air travel and closure of schools.
GENEVA: Some of Europe’s top luxury brands are targeted in President Donald Trump’s latest tariff salvo, which could affect billions of dollars in exports of American-bound whiskeys, wine, Champagne, handbags and men’s suits.
PETALING JAYA: The second largest tobacco company in the country will be undertaking a significant downsizing exercise, just two years after it shut down its manufacturing plant.
WE are now in September, with the Dow Jones up some 16.53% on a year-to-date basis despite the trade war woes and fears of an impending recession due to the signals being emitted by the inverted yield curve.
SAN FRANCISCO: Apple Inc and manufacturing partner Foxconn violated a Chinese labour rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions.
SAN FRANCISCO: Apple Inc. and manufacturing partner Foxconn violated a Chinese labor rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions.
OVERBURDENED Chinese regulators have left the peer-to-peer (P2P) lending industry to poorly staffed local governments, according to ex-regulators, threatening the survival of an important credit mechanism once seen as crucial for the country’s economy.
SINGAPORE: Merlin Swire, the scion of the UK family that controls Cathay Pacific Airways Ltd, is running out of concessions to offer after his employees angered China by joining the anti-Beijing protests in Hong Kong.