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US president Donald Trump faces growing pressure of a possible economic slowdown while seeking re-election.
NIBONG TEBAL: The US-China trade conflict is providing new opportunities for NTPM Holdings Bhd to expand its overseas business and improve its top and bottom lines for financial year ending April 30,2020 (FY20).
WASHINGTON: White House economic adviser Larry Kudlow said on Friday the United States wants "near term" results from U.S.-China trade talks in September and October but cautioned that the trade conflict could take years to resolve.
SINGAPORE: Oil headed for its first back-to-back weekly gain since June on signs the United States and China could be edging closer to a trade deal and as a growing list of central banks start easing policy to shore up growth.
KUALA LUMPUR: Risks are growing for Singapore’s three largest banks – DBS Bank Ltd, Oversea-Chinese Banking Corp Ltd (OCBC) and United Overseas Bank Ltd (UOB) – as economic conditions worsen, Moody’s Investors Service said.
KUALA LUMPUR: Risks are growing for Singapore's three largest banks – DBS Bank Ltd. (Aa1/Aa1 stable, a1), Oversea-Chinese Banking Corp Ltd (Aa1/Aa1 stable, a1) and United Overseas Bank Ltd (Aa1/Aa1 stable, a1) – as economic conditions worsen, Moody's Investors Service said.
BUKIT MERTAJAM: A beneficiary of the ongoing US-China trade war, Chin Well Holdings Bhd will ramp up output of its industrial fastener products to 120,000 tonnes from 105,000 tonnes for the financial year ending June 30, 2020, to cater to rising demand.
KUALA LUMPUR: The domestic market made a guarded advance on the heels of Wall Street's positive performance as news of trade talks next week and strong corporate earnings helped to lift the gloom.
LONDON/TOKYO: Factory activity shrank across much of Europe and Asia in June while growth in manufacturing cooled in the United States, keeping the world's policymakers under pressure to avert a recession amid a U.S.-China trade war
SINGAPORE: Oil prices slipped on Tuesday as worries that a weakening global economy would dent demand for the commodity outweighed OPEC's decision to extend supply cuts until next March.