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SAN FRANCISCO: US President Donald Trump's limited trade deal with China removes a major hurdle for Apple and other technology stocks that have already surged this year to record highs.
THE current situation of the financial markets and geopolitical stage can be described with only one phrase: expect the unexpected.
KUALA LUMPUR: More than 200 delegates from 15 countries attended a conference on Financial Education and Financial Consumer Protection in Asia-Pacific organised by Bank Negara Malaysia (BNM) and the Organisation for Economic Co-operation and Development (OECD) here on Dec 11-12.
WASHINGTON: China has agreed to buy $200 billion worth of additional US goods and services over the next two years as part of a phase one trade pact to be signed in early January, U.S. Trade Representative Robert Lighthizer told reporters on Friday.
Chairman Datuk Abdul Majid Ahmad Khan talks about the trade war, building the right ecosystem to attract more investments and pushing the shared prosperity agenda.
StarBizWeek recently met up with Mida chairman Datuk Abdul Majid Ahmad Khan, who was the former Malaysian ambassador to China.
Business news in brief.
KUALA LUMPUR: Scomi Energy Services Bhd unit KMCOB Capital Bhd has defaulted in redeeming or repaying the Series E of the guaranteed serial bonds (KMCOB bond) issued amounting to RM55mil.
KUALA LUMPUR: The government has approved four manufacturing projects worth RM5.4bil in Sabah, Johor, Selangor and Penang which will create over 1,000 job opportunities.
Ever since the Pakatan Harapan government came to power, one of the things we learned was the total amount of government debt that Malaysia now have, which comprise not only the official government debt, but also two other components – committed government guarantees and lease payment for Private-Public Partnership (PPP) projects as well as debts related to 1MDB.