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BEIJING: China said on Monday (Dec 9) that it hoped to make a trade deal with the United States as soon as possible, amid intense discussions before fresh US tariffs on Chinese imports are due to kick in at the end of the week.
SINGAPORE: It may come down to the will of central banks, trade negotiators and voters this week to set the tone for emerging markets headed toward 2020.
KUALA LUMPUR: Petronas-linked stocks, Tenaga Nasional and Public Bank weighed on the FBM KLCI on Wednesday on continued fund selling but plantations brightened the gloomy market as crude palm oil (CPO) futures rallied past RM2,900.
SINGAPORE: Oil traded near the highest level in almost 12 weeks after Saudi Arabia surprised the market Friday with a significant supply cut beyond what was agreed to with fellow OPEC+ members.
KUALA LUMPUR: The ringgit opened easier against the US dollar in early trade today, on better demand for the greenback amidst the upbeat US economic data.
KUALA LUMPUR: Offshore funds accelerated their selling of equities on Bursa Malaysia last week to RM834.6mil, said MIDF research.
GEORGE TOWN: Texchem Resources Bhd will close down unprofitable Sushi King outlets in the country in 2020.
NEW YORK: Central bankers will vie with trade negotiators for the attention of investors this week.
Johor plans to position state as leading destination in southern region.
HONG KONG: Hong Kong's economy is feeling the effects of ongoing protests as a top government official said the violence had contributed two percentage points to last quarter's economic contraction. Rail operator MTR Corporation added that the unrest had cost it an estimated HK$1.6bil.