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The labour market in Malaysia remains healthy.
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday approved sending American troops to bolster Saudi Arabia's air and missile defences after the largest-ever attack on the kingdom's oil facilities, which Washington has squarely blamed on Iran.
NEW YORK: Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Saudi Arabia's energy industry last weekend.
NEW YORK: Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation canceled a planned visit to Montana, dampening optimism about U.S.-China trade talks
WASHINGTON (Reuters) - Facebook CEO Mark Zuckerberg wrapped up three days of discussions with Washington movers and shakers on Friday, with few if any indications he had won new "friends" to help the top social media company deal with multiple probes by Congress, state attorneys general and federal regulators.
The drone attacks on major oil installations in Saudi Arabia early this week caused panic in the global oil markets. But the price surge that followed didn’t last long.
THERE has been much debate about the lacklustre performance of Malaysia’s stock market vis-à-vis other regional or North Asian markets. There are many factors that determine a market’s performance and one of the reasons is due to the poor earnings in corporate Malaysia.
An unexpected disruption to the world’s global supply of crude oil sent investors on a flurry of speculation in the week’s opening gambit, taking the attention away from policy decisions by major central banks that had been slated to be the focus.
TOKYO: China’s currency-swap lines with nations spanning the globe, designed to bolster the international role of the yuan, could backfire badly in a world crisis.
The US dollar traded sideways for the week albeit closing marginally higher by 0.02% to 98.272.