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WASHINGTON: President Donald Trump said he will introduce legislation that may scrap or weaken a law that has protected internet companies, including Twitter and Facebook, in an extraordinary attempt to regulate social media platforms where he has been criticized.
LONDON: Britain’s plan to raise the minimum wage to two-thirds of median earnings, taking it to £10.50 (US$13.58) an hour, was endorsed by an independent review that found setting a floor on pay had a negligible effect on job creation.
NEW YORK: SoftBank Group agreed to spend more than US$10bil to take over WeWork, doubling down on an ill-fated investment and giving a near US$1.7bil payoff to the US office-space sharing startup’s co-founder Adam Neumann to relinquish control.
AS we had just celebrated the nation’s 62nd birthday two weeks ago and the 56th Malaysia Day is upon us in just two days, it is nice to have a birthday wish or wishes for the nation, be it for the economy, stock market or just for all Malaysians going into our 63rd year since Merdeka and 57th year as Malaysia
Chinese Vice-Premier may visit Washington soon
ALGIERS: OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump's calls for action to cool the market.
LONDON: Slumping technology stocks after a global cyber attack and depressed crude oil prices cast a cloud over European shares on Wednesday, sending them to their lowest in two months.
The first formal meeting between Rosneft boss Igor Sechin and Saudi Aramco chief Amin Nasser broke new ground. Sources said the CEOs discussed possible ways of cooperating in Asia, such as Indonesia and India, as well as in other markets.