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KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today following a significant outflow of foreign investors recorded last week, dealers said.
SYDNEY: Asian shares edged higher on Monday after US President Donald Trump said over the weekend that trade talks with China were moving along "very nicely", though uncertainty remained over whether a deal would be signed this year.
TOKYO: Toshiba Corp. is set to post a seven-fold increase from a year earlier in Apr.-Sept operating profit, the Nikkei reported Sunday, without saying where it got the information.
NEW YORK: Oil prices faltered and global equity markets slipped on Friday, halting a week-long record-setting rally fueled on hopes a U.S.-China trade deal was near, as the latest statements out of Washington cast fresh doubts about progress between Beijing and Washington.
WASHINGTON :President Donald Trump said on Friday that he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world's two largest economies may end a 16-month trade war that has slowed global growth
Having been responsible for pushing up technology start-up valuations to dizzying levels, reality is beginning to hit Softbank Group Corp and it’s Vision Fund. the Japanese investment group posted an operating loss of 704.4 billion yen (US$6.5bil) in the three months ended Sept 30. that compares with a profit of 705.7 billion yen a year earlier.
KUALA LUMPUR: The ringgit opened slightly lower on lack of buying interest, weighed down by uncertainties surrounding negotiations to broker the US-China trade deal, said a dealer.
NEW YORK: Oil prices rose and stocks rallied worldwide on Thursday after China said it had agreed with the United States to cancel tariffs in phases, a key consideration in reaching a deal to end a trade war that has crimped economic growth and roiled markets.
Dubai: Most analysts following South Africa expect it to lose its final investment-grade rating. But they disagree over when that might happen and what the consequences would be
TOKYO: Toyota Motor Corp’s quarterly profit topped analysts’ estimates thanks to healthy sales of RAV4s in the US and Corollas at home, keeping the Japanese automaker’s business on track amid sputtering global demand for cars.