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WELLINGTON (Reuters) - New Zealanders will go to polls on September 19 to decide on a second term for Prime Minister Jacinda Ardern, and also to vote in referendums on the divisive issues of legalising cannabis and euthanasia.
LONDON: Global stock markets slumped on Tuesday (Jan 21) as a SARS-like virus taking hold in China spooked investors, while sentiment suffered a knock also from a credit-ratings downgrade to major financial hub Hong Kong, analysts said.
HONG KONG: Hong Kong stocks tumbled on Tuesday (Jan 21) after the city's credit rating was downgraded over its response to months of sometimes violent protests, while investors were also spooked by a deadly SARS-like virus that has been confirmed to be transmitted between humans.
HANOI (Vietnam News/ANN): After being relatively stable last year, the foreign exchange rate of the Vietnamese đồng against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds.
HONG KONG: Credit ratings giant Moody’s on Monday (Jan 20) downgraded the Hong Kong government’s financial rating, citing an "absence of tangible plans to address either the political or economic and social concerns of the Hong Kong population."
TAIPEH: Taiwan’s export orders posted the first monthly increase since 2018 in December, with the government forecasting that growth will continue in the first quarter of this year.
LANGKAWI (Reuters): Malaysia will not take retaliatory trade action against India over its boycott of palm oil purchases amid a political row between the two countries, says Prime Minister Tun Dr Mahathir Mohamad.
Trade deal and tech war are in ‘parallel universes’ with minor progress on tariffs a mere sticking plaster in wider deterioration, academic says.
BEIJING: In a letter read out during Wednesday’s trade deal signing at the White House, Chinese leader Xi Jinping asked US President Donald Trump to take steps to "enhance mutual trust and cooperation between us.” But the fact is, that is anything but easy.
BANGKOK: The trade agreement signed by President Donald Trump and Beijing's lead trade envoy comes amid seismic shifts in supply chains and investment hastened by the tariff war that began in 2018. For Thailand, that's meant some fallout from reduced demand for certain products but increased exports of other items.