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SINGAPORE: Confidence among companies in Asia lifted slightly in the September quarter from 10-year lows, but most firms do not plan on hiring or expect business to pick up as they see a risk of a global recession looming, a Thomson Reuters/INSEAD survey found.
TOKYO: Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month's end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Wednesday, on the expectation that the US Federal Reserve will reduce short-term interest rates by a quarter-point to a range of between 1.75 per cent to 2.0 per cent when policymakers meet this week.
KUALA LUMPUR: Kenanga Research expects Prince Court Medical Centre Sdn Bhd to to contribute less than 1% to IHH Healthcare’s group earnings based on the hospital’s normalised FY18 net profit of RM26mil.
TOKYO: China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at a cost of billions of dollars.
NEW YORK: Not all U.S. rate-cutting cycles are created equal, at least when it comes to how the stock market reacts.
NAPLES, Italy (Reuters) - Juergen Klopp was frustrated by Liverpool’s poor finishing after his side began their Champions League title defence with a 2-0 defeat away to Napoli, who scored two late goals at the Stadio San Paolo on Tuesday.
RIYADH/DUBAI (Reuters) - Billions of dollars spent by Saudi Arabia on cutting edge Western military hardware mainly designed to deter high altitude attacks has proved no match for low-cost drones and cruise missiles used in a strike that crippled its giant oil industry.
DUBAI (Reuters) - At a weapons exhibition in July in Yemen's Houthi-controlled capital Sanaa, military officials whipped silken sheets off what they said were newly-developed drones and missiles.