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Money
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Virus fears infect global markets
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Trump, EU commission chief discuss ‘trade deal’ in Davos
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Trump calls for more overseas investment in US as impeachment trial begins
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Trump rejects climate ‘prophets of doom’ as Thunberg warns Davos
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Huawei chief says US may ‘escalate’ but confident on business
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France, US agree to extend digital tax row talks
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US Treasury’s Mnuchin says Phase 2 trade deal may not remove all tariffs, reports WSJ
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ECB: Corporate loan demand falls for first time since 2013
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Airbus to build second production line in France for A321 jets
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Global resource consumption tops 100 billion tonnes for first time
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Ministry to organise programme to help SMEs gain access to financing
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Ringgit ends lower against US dollar
KUALA LUMPUR, Jan 21 — The ringgit closed lower versus the US dollar in line with other emerging Asian currencies, taking cue from the fall of the Chinese yuan and lack of risk...
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Bursa Malaysia ends in the red
KUALA LUMPUR, Jan 21 — Bursa Malaysia ended in the red today in line with the downtrend in regional markets, as losses in selected heavyweights put pressure on the local index....
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Sterling holds steady ahead of crucial labour market data
LONDON, Jan 21 — Sterling held above US$1.30 (RM5.30) ahead of UK labour market data today that, if disappointing, will provide a further signal that the Bank of England could...
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Talks on digital tax with US remain difficult, says France’s Le Maire
BRUSSELS, Jan 21 — France’s Finance Minister Bruno Le Maire said today talks with the United States on the taxation of digital companies “remained difficult” despite a...
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Swiss banking giant UBS books lower profits in 2019
ZURICH, Jan 21 — Swiss banking giant UBS said today its full-year profits fell last year, but that economic stimulus measures and easier monetary conditions “contributed to a...
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Hong Kong stocks slump after credit downgrade
HONG KONG, Jan 21 — Hong Kong shares plunged today after Moody’s downgraded the city’s credit rating, while tourism-linked firms were hit by fears over a SARS-like virus...
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European stock slump at open
LONDON, Jan 21 — Europe’s leading stock markets slumped at the start of trading today after sharp losses across Asia London’s benchmark FTSE 100 index slid 0.8 per cent to...
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KL shares slip into the red at mid-afternoon
KUALA LUMPUR, Jan 21 — Bursa Malaysia slipped into the red at mid-afternoon dragged down by profit-taking in telecommunications blue-chip stocks. At 3.04pm, the FTSE Bursa...
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Hong Kong tourism stocks take hit as virus spooks investors
HONG KONG, Jan 21 — Tourism-linked stocks sank in Hong Kong today with investors spooked by confirmation that a deadly virus in China can be transmitted between humans, while...
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Facebook targets UK growth with 1,000 hires this year
LONDON, Jan 21 — Facebook will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering centre...
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Bank of Japan lifts growth outlook, keeps easy money policy
TOKYO, Jan 21 — The Bank of Japan today slightly upgraded its growth forecast for the world’s third-biggest economy but kept its super easy monetary policy unchanged. The...
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UOB: Ringgit on uptrend rally on positive US-China trade relations
KUALA LUMPUR, Jan 21 — The ringgit has continued its rally along with other Asian currencies on the back of positive US-China trade relations, making it the third best...
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Bursa Malaysia ends morning session mixed
KUALA LUMPUR, Jan 21 — Bursa Malaysia gave up its earlier gains to close the morning session mixed as some traders decided to take their profits off the table. At lunch break,...
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Perodua eyes 240,000 unit sales in 2020
KUALA LUMPUR, Jan 21 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to sell 240,000 units of vehicles in 2020, almost unchanged compared to the 240,341 units sold last year....
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Australian bushfires hit coal output, hazardous conditions to return
SYDNEY, Jan 21 — Mining giant BHP Group said today that poor air quality caused by smoke from Australia’s bushfires is hurting coal production, as authorities said a reprieve...
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Axis REIT aims to acquire RM140m worth of properties
KUALA LUMPUR, Jan 21 — Axis Real Estate Investment Trust (Axis-REIT) aims to acquire RM140 million worth of properties this year. Axis REIT Managers Bhd chief executive officer...
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Uber sells meal delivery service in India to competitor Zomato
NEW YORK, Jan 21 — Ride-share giant Uber has sold its meal delivery business in India to Zomato, one of its local competitors, as it steps up efforts to achieve profitability....
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Hong Kong leads Asian equities lower after fresh downgrade
HONG KONG, Jan 21 — Hong Kong stocks tumbled today after Moody’s downgraded the city’s credit rating over its response to months of sometimes violent protests, while other...
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KL shares remain higher at mid-morning
KUALA LUMPUR, Jan 21 — Bursa Malaysia remains higher at mid-morning on improved buying sentiment due to bargain hunting following yesterday’s profit-taking activities. At...