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SINGAPORE: The dollar is set to rise out of its current trading range as America’s tariff dispute with China takes a turn for the worse.
HONG KONG: A paper tycoon and his wife are reported to have made Hong Kong’s most expensive luxury property purchase this year, paying HK$1.45 billion ($180 million) for a nine-apartment complex in Repulse Bay.
THE Bukit Bintang City Centre (BBCC) project is on track to finish its first phase by the first quarter of 2021. Occupying about 8ha of land, the project has reached 25% completion of the first phase and the developers hope that the overall completion will be in 2025, as planned.
THE Bukit Bintang City Centre (BBCC) project is looking to hand over the first phase of the project by 2021.
TOKYO: Asian stocks fell after a reversal in U.S. equities on Friday, amid concern over whether trade tensions with China can be mended. The pound jumped on news of further progress in Brexit negotiations.
NEW YORK: A rout in Treasuries extended into a second day as global investors priced in stronger US economic growth and a faster pace of rate hikes. Benchmark 10-year yields climbed above 3.2% for the first time since 2011 and the dollar strengthened.
From RAYMOND LEE KOK HAN, Licensed and registered counsellor, Ampang, Selangor.
HONG KONG: International investors piled into a rare global bond offering from China, boosting orders to over US$22bil (RM93.1bil), which allowed the issuer to price it at lower spreads than initially indicated on Thursday.
Pinang points - By Logeiswary Thevadass
Fest of lights reminds us that good always wins.
BUTTERWORTH: For five months, a glass door “fridge for the poor” outside a cake shop made many people happy, and kept them fed, until greedy people literally smashed a good thing.