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KUALA LUMPUR: VS Industry Bhd posted a jump in its quarterly earnings, but warned its outlook remained challenging amid uncertainties arising from the ongoing US-China trade conflict.
PETALING JAYA: The FBM KLCI is set to enter 2020 with high caution, amid concerns of domestic political uncertainty and poor policy implementation, according to UOB Kay Hian Malaysia Research.
WASHINGTON: Chinese officials expect President Donald Trump to delay a threatened tariff increase set for Sunday, giving more time to negotiate an interim trade deal that both sides continue to insist is close to fruition despite a series of missed deadlines, according to people familiar with the discussions.
BENGALURU: Foreigners turned net sellers of Asian equities in November amid mixed signals on whether the United States and China were getting closer to reaching a preliminary trade deal.
KUALA LUMPUR: AmInvestment Research is maintaining its Underweight for the building material sector.
Global Forex Market
SHENZHEN, China: China's Huawei mounted a legal challenge against the U.S. Federal Communications Commission (FCC) on Thursday after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program.
BEIJING: China’s central bank governor sounded a cautious tone on the health of the global economy, while signaling that the nation’s monetary policy makers will continue to refrain from large-scale easing steps.
PETALING JAYA: Petroliam Nasional Bhd’s (Petronas) profit for the third quarter fell almost by half, dragged down by lower crude oil prices and net impairment losses.