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US-China trade talks ‘stalled’ due to newly-passed HK law
A trade deal between United States and China was now “stalled because of Hong Kong legislation”, news website Axios reported yesterday, citing a source close to US President Donald Trump’s negotiating team. The deal was stalled also because time was
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Halal status boosts marketability of local products
KUALA LUMPUR: For a majority of consumers in this country, the halal status is one of the main considerations in their choice of food and beverage products when they go shopping. The halal stamp on the food and beverage packaging is
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AirAsia clinches world’s leading low-cost airline for seventh consecutive year
MUSCAT: AirAsia Bhd has clinched the world’s leading low-cost airline award for the seventh consecutive year by the World Travel Awards (WTA). The Malaysia-based low-cost carrier emerged as the winner ahead of other global airlines including Air Arabia, Easy Jet,
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Asian shares waver as Hong Kong tensions spoil the festive mood
Asian share markets wobbled today as concerns that tensions over Hong Kong may stymie a US-China trade deal cast a pall over Thanksgiving cheer from positive US economic data. US President Donald Trump yesterday signed into law legislation backing pro-democracy
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Oil slips as US stocks rise, but hopes for US-China trade deal stem losses
Oil eased today following an industry report showing a surprise build in US crude stockpiles, but hopes surrounding the signing of the first phase of a US-China trade deal prevented a bigger drop in prices. Brent crude futures LCOc1 dropped
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Asian shares climb on Trump trade deal comments
Asian shares rose today as upbeat signals from Sino-US trade talks fanned hopes of an easing of tariff hostilities, while expectations the Federal Reserve will keep interest rates low supported sentiment. The positive mood pushed Wall Street indexes to fresh
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Hong Kong to strengthen business ties with Malaysia
KUALA LUMPUR: Hong Kong aims to strengthen its business ties with Malaysia by capitalising on the growing opportunities under the Belt and Road Initiative through the visit of its high-level business and professional delegation which ended today. Hong Kong Special
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Lim: Government may set up a housing loan bank
KUALA LUMPUR: The government is considering a proposal to set up a special bank to ease the process of loans application for affordable and low-cost housing, the Dewan Rakyat was told today. However, Finance Minister Lim Guan Eng said the
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Khazanah sells stakes worth RM5.66 billion, including in Alibaba
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd has sold stakes worth RM5.66 billion (US$ 1.36 billion) in seven foreign firms including Alibaba Group Holding Ltd in the first 16 months of the current government, a minister said. Khazanah, which made
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Matrade identifies products to fill in gaps due to trade conflict
KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) has identified various Malaysian products that could potentially fill in the gaps arising from the United States-China trade conflict. Deputy chief executive officer Mohd Mustafa Abdul Aziz said the product categories include
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