GLOBAL MARKETS-World stocks at new peaks on strong China, US data

NEW YORK/LONDON: Gold prices hit a seven-week high and global stocks scaled new records on Friday after strong U.S. and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus pandemic.

Riverside centre set to be latest tourist attraction

DATARAN Kampung Banggol Cempedak in Kuala Terengganu is another tourist attraction that will draw folk to Terengganu.

FDI inflows set to rise this year

BEIJING: Foreign direct investment inflows into China are expected to expand at a relatively fast pace this year despite the complex domestic and international situation, according to industry experts and business leaders.

Transocean hits two-month high, jumps 21.5%

KUALA LUMPUR: Shares in Transocean Holdings Bhd rose to its highest in two months in early trade Thursday.

Selangor e-bazaar returns

FOLLOWING the success of e-bazaars last year, the Selangor E-Bazaar Raya continues this year, with RM2mil in subsidised vouchers from the state government.

Transocean offers to acquire 40% stake in loss-making Enfrasys

Taiwan says its chip firms will adhere to new US rules blacklisting China supercomputing entities

TAIPEI: Taiwan said on Wednesday its chip companies will adhere to U.S. rules after Washington added seven Chinese supercomputing entities last week to an economic blacklist and after a Taipei-based chipmaker halted orders from one of the entities named.

A-shares continue to attract foreign interest

Robust fundamentals behind the sustained demand

Anti-fraud app from Chinese police sees soaring downloads amid complaints of forced installs

The app was launched in March by the Ministry of Public Security and the national computer emergency response team. Users also express concerns about the amount of personal data collected by the app, including real names and national ID numbers.

Digital generation gap: China tells companies to make their sites and apps more ‘elderly friendly’ as online population balloons

New guidelines for elderly users are part of an initial campaign targeting 43 apps and 115 websites, including WeChat and e-commerce sites Taobao and JD.com. The moves are also seen as helping party-building, as people aged 61 or older account for about one-third of Communist Party membership.