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KUALA LUMPUR: The ringgit opened higher against the US dollar in early trade today on better demand amidst positive geopolitical movement as exit polls showed the United Kingdom’s (UK) Conservatives set to win a strong majority in British general election, said dealers.
KUALA LUMPUR: Pos Malaysia Bhd has yet to obtain official details on the new postal tariff rates and the implementation date from the government although the postal service provider has received a letter confirming the approval for the tariff hike.
WASHINGTON: The U.S. Federal Reserve holds its last policy meeting of 2019 on Wednesday, having completed a year-long U-turn that saw it abandon a tightening cycle and lower borrowing costs three times in response to the global trade war.
SAN FRANCISCO: Big tech companies like Facebook Inc. and Alphabet Inc.’s Google, long seen as some of the world’s most desirable workplaces offering countless perks and employee benefits, are losing some of their shine.
BEIJING: China’s consumer inflation accelerated to a seven-year high in November while producer prices extended their run of declines, complicating the central bank’s efforts to support the economy.
WASHINGTON: A former Boeing Co employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX.
SINGAPORE: Moody’s Investors Service’s outlook for the banking industry in Asia-Pacific is negative over the next 12 months as the US-China trade dispute will weaken economic and trade activity in the region and erode investor confidence.
SOUTHFIELD: General Motors Co. executives had laid the groundwork for a new labour agreement with the United Auto Workers union in September 2015. The company had met most of the union’s demands with a proposal that would have boosted pay and benefits by almost $1 billion over four years.
SINGAPORE: Moody's Investors Service's outlook for the banking industry in Asia Pacific (AsiaPac) is negative over the next 12 months as the US-China trade dispute will weaken economic and trade activity in the region, and erode investor confidence.
London: HSBC Holdings Plc has begun to reshape top management, laying the groundwork for a new direction under its next boss.