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Miti: Incorrect to claim 50,000 workers will be retrenched

KUALA LUMPUR: The claims by some quarters that 50,000 workers would be retrenched this year primarily due to the rising cost of doing business is incorrect, said the International Trade and Industry Ministry (Miti).


Wall St opens slightly higher; Thursday’s events eyed

NEW YORK: US stocks opened slightly higher on Wednesday but gains were limited as investors stayed on the sidelines ahead of Thursday’s major political and economic events.