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Money
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World stocks lifted to 2 1/2-month highs by trade optimism
LONDON, Feb 18 — Hopes for progress in Sino-US trade talks and expectations of policy stimulus from central banks lifted world stocks to 2 1/2- month highs today, though...
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Porsche warns of Brexit price hike on UK cars
FRANKFURT, Feb 18 — Porsche customers in the UK should brace for a price hike of up to 10 per cent in case of a hard Brexit, the luxury German carmaker warned today. The company...
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European stocks mostly drop after rally
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EU vows 'swift' riposte to threatened US auto tariffs
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Swiss bank UBS faces French court ruling on fraud charges
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Singapore tables expansionary budget for 2019
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Petronas Gas FY18 net profit rises to RM1.81b
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Ringgit ends higher as oil prices rise
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KL shares end higher, tracking regional stocks
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Amid US-China trade war, western companies turning to Malaysia as it improves IP protection
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EPF awaits EAC outcome for clearer future directions
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FTSE 100 lower as weak dollar hits exporters but Reckitt shines after results
LONDON, Feb 18 — Britain's blue-chip index inched lower and off its four-month high, as a weaker dollar weighed on exporter stocks while consumer goods giant Reckitt Benckiser...
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Strong Malaysian economic momentum to continue in 2019, says Zeti
KUALA LUMPUR, Feb 18 — Former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz has described Malaysia's 2018 gross domestic product (GDP) growth of 4.7 per cent as...
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Bursa stays higher at mid-afternoon
KUALA LUMPUR, Feb 18 — Bursa Malaysia remained in positive territory at mid-afternoon, lifted by gains in selected heavyweights. At 3.15pm, the benchmark FTSE Bursa Malaysia...
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Khazanah tells Malaysia Airlines: For additional funding, let's see your proposal
KUALA LUMPUR, Feb 18 — Any additional funding for Malaysia Airlines Bhd from Khazanah Nasional Bhd will be based on its proposal, says Khazanah chief executive officer Datuk...
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Sabah's ASB to unveil blueprint to tackle challenges in next decade
LABUAN, Feb 18 — Sabah government's linked-company Asian Supply Base Sdn Bhd (ASB) will unveil a blueprint next month as it braces itself against challenges in the next decade....
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US agency submits auto tariff probe report to White House
WASHINGTON, Feb 18 — The US Commerce Department sent a report yesterday to US President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking...
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Maxis names Gokhan Ogut as CEO
KUALA LUMPUR, Feb 18 — Maxis Bhd has appointed Gökhan Ogut as its new chief executive officer (CEO), effective May 1, 2019. In a statement today, Maxis said Ogut, who was...
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Special RM2b government guarantee scheme for SMEs
KUALA LUMPUR, Feb 18 — Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) today launched RM2 billion special government guarantee scheme to help the small and medium enterprises...
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Islamic capital market valued at RM1.88t for 2018, says SC
KUALA LUMPUR, Feb 18 — The Malaysian Islamic capital market for 2018 was valued at RM1.88 trillion, representing approximately 61 per cent of the country’s overall capital...
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Bursa remains higher at mid-morning
KUALA LUMPUR, Feb 18 — Shares on Bursa Malaysia remained higher at mid-morning today, lifted by gains in selected blue chips. At 11am, the benchmark FTSE Bursa Malaysia KLCI...
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Coffee farmers betting on blockchain to boost business
ADDIS ABABA, Feb 18 — On a bustling street near the shiny new international airport in Ethiopia's capital is a small coffee roastery with big dreams. Nearly 40 Ethiopians — a...
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Ringgit gains in early trade
KUALA LUMPUR, Feb 18 — The ringgit was higher against the US dollar in early session today on better demand for the local note, said a dealer. At 9am, the ringgit was quoted at...
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Trade war boogeyman hangs over giant US toy show
NEW YORK, Feb 18 — The US-China trade war has dealt a glancing blow to American toys, hitting putty and arts and crafts items, while sparing superhero action figures, toy cars...
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Bursa opens higher
KUALA LUMPUR, Feb 18 — Shares on Bursa Malaysia opened higher due to better buying demand across-the-board as market sentiment was lifted by strong gains in US stocks. At...
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Europe's food makers find green palm oil hard to stomach
KUALA LUMPUR, Feb 18 — Europe, the world's second-biggest buyer of palm oil, is set to miss a 2020 target backed by about 10 countries, as well as big companies, to use 100-per...
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US dollar eases as trade deal prospects bolster risk, sterling gains
SINGAPORE, Feb 18 — The US dollar was marginally weaker today, as increasing expectations of a US-Sino trade deal led investors to shift away from the safety of the greenback...
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Asia shares up on optimism over trade talks, stimulus
SYDNEY, Feb 18 — Asian share markets firmed today as investors dared to hope for both progress at Sino-US trade talks in Washington this week and more policy stimulus from major...
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Saudi crown prince begins Asia tour with US$20b Pakistan investment pledge
ISLAMABAD, Feb 18 — Crown Prince Mohammed bin Salman yesterday said Saudi Arabia has signed investment agreements worth US$20 billion (RM81.6 billion) during his high-profile...
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European car imports no threat to US national security, says German group
FRANKFURT, Feb 18 — Car imports from Europe do not endanger US national security, German car lobby the VDA said yesterday, echoing comments by Chancellor Angela Merkel a day...