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WELLINGTON: The New Zealand dollar is set for more volatility in coming weeks after a general election left New Zealand's major parties with no majority to govern, forcing them to enter negotiations with the nationalist New Zealand First Party.
LONDON: British Prime Minister Theresa May's new Brexit offer to UK lawmakers retains the Northern Irish backstop and does not add anything new on customs arrangements, The Telegraph newspaper reported late on Sunday.
SHANGHAI: He Yanping, 26, who works in advertising in Beijing, was among those not venturing too far overseas for Lunar New Year, with an 11-day Malaysia holiday she estimates will cost between 8,000 to 10,000 yuan. "I actually wanted to go to Australia but the problem is that it's too far, and the hotels and visa are expensive," she said.
NEW YORK: Apple Inc will open a new campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.
PETALING JAYA: Higher food prices due to the weakening ringgit and the global increase in food prices are expected to cause Malaysians to spend 9% more this year on Lunar New Year festivities, according to the annual United Overseas Bank Malaysia Bhd’s (UOB Malaysia) Lunar New Year Survey.
SCOTTSDALE, Ariz.: Facebook Inc plans to release new versions of its Portal video chatting devices this fall, the company's vice president of AR/VR Andrew Bosworth said during an interview at Code Conference in Scottsdale, Arizona.
KUALA LUMPUR: The Economic Affairs Ministry will focus on developing new industries to drive the nation's economy to a higher level and in tune with current developments.