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PETALING JAYA: The full-year inflation for 2019 may hit the lowest level in a decade as the country’s soft inflation trend is expected to continue in the last two months of this year, led by cautious consumer sentiment that keeps price pressures under control.
SHANGHAI: China lowered its lending benchmark rate, as widely expected, to reduce company funding costs and shore up an economy hurt by slowing demand and US trade tariffs.
SINGAPORE (Bloomberg) Under the proposal, trading of derivatives on common cryptocurrencies such as Bitcoin and Ether will be subject to the Securities and Futures Act, the Monetary Authority of Singapore said.
SHANGHAI: Analysts say Hong Kong’s position as a chip in the trade war is unhelpful for sentiment in the city’s stock market, though it’s unlikely to create panic for now.
SEOUL (AFP): In a drab government office in Seoul, a team of broadcast regulators spend their days watching online porn - the frontline troops of South Korea's attempts to crack down on spycam videos that mostly expose women.
GEORGE TOWN: Emergency support teams in Penang are fully prepared to handle landslides and flash floods during the current spell of wet weather.
KUALA LUMPUR: Alam Maritim Resources Bhd posted its first quarterly net profit in more than two years on the back of higher contribution and better margin from its offshore, installation and construction (OIC) business.
SHANGHAI: Local government investment arms in China were once considered one of the country’s riskiest groups of borrowers and a time bomb in a creaky financial system.
KUALA LUMPUR: Asian markets including Bursa Malaysia started Monday on a cautious note ahead as investors wondered whether there was progress in the US-China trade deal while at Bursa Malaysia, it was weighed down by losses in Petronas Chemicals and banks.
Industry needs to observe good practices in acquiring and managing their plantations.