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Asian shares were higher in listless trading on Friday after a broad rally pushed the S&P 500 past 4,000 points for the first time.
Success in containing pandemic key to economic progress
Big week for new listings in more than five years
BEIJING (China Daily/ANN): For all the talk of an economic decoupling between China and the US and its allies, foreign companies continue to pour money into the Asian nation.
The Trump administration is close to issuing a list of 89 Chinese aerospace and other companies that would be unable to access US technology exports due to their military ties, Reuters reported, a move that could escalate tensions as the Biden administration prepares to take over.
Countries must be prepared to face losses and other challenges as US-led economic decoupling is fast gaining pace
Move may result in potential foreign direct investments into Malaysia
NEW YORK: The Senate overwhelmingly approved legislation that could lead to Chinese companies such as Alibaba Group Holding Ltd and Baidu Inc being barred from listing on US stock exchanges amid increasingly tense relations between the world’s two largest economies.
PETALING JAYA: The Malaysian stock market continues to reel from uncertainties over the future of the new government, and compounded by the worsening coronavirus (Covid-19) outbreak.
NEW YORK: After a year-long struggle with bond markets, the Trump administration, and each other, Federal Reserve policymakers found their way to a compromise this week with a rate cut that even the White House said had put monetary policy in a much better place.