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Even as US and China take steps toward a truce, businesses are holding back on investment
PUTRAJAYA: Sustainable Energy Development Authority Malaysia (SEDA) made significant savings for renewable energy (RE) fund when it introduced e-bidding exercise last year.
BEIJING: China is still a long way from forking out US$50bil for farm goods from the United States, agriculture industry analysts say, cautioning that getting there is contingent on removing substantial technical and political hurdles.
KUALA LUMPUR: AME Elite Consortium Bhd hogged the limelight during its trading debut on the Main Market on Monday while the positive key Asian markets also galvanised investors sentiment towards equities.
BEIJING: China's exports fell at a faster pace in September while imports contracted for a fifth straight month, pointing to further weakness in the economy and underlining the need for more stimulus as the Sino-U.S. trade war drags on.
CHINA, the US, Germany and Britain remain “top dogs” on investor's watchlist, but with one revision: Turkey decided to launch a military offensive against Kurds, thus shifting the centre of attention to themselves.
NEW YORK: Stocks on Wall Street came off their highs in late trading after U.S. President Donald Trump announced a partial trade deal with China that could be signed within weeks, with the boost from New York enough to give stocks across the globe their largest daily gain in two months.
BEIJING: A Chinese state newspaper said a “partial” trade deal would benefit China and the United States, and Washington should take the offer on the table, reflecting Beijing’s aim of cooling the row before more US tariffs kick in.
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak has criticised Budget 2020, saying it does not help the rakyat as much as previous budgets by the Barisan Nasional administration.
KUALA LUMPUR: The Malaysia's government on Friday unveiled a smaller budget than expected for next year but flagged a wider budget deficit than earlier estimates and said it would step in with stimulus measures should global demand worsen.