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Boeing confirms China commitment to buy 200 aircraft, Trump says deal could reach 950 planes
NEW YORK, May 16 — Aerospace giant Boeing yesterday confirmed that China had committed to purchasing 200 aircraft during a visit to Beijing by US President Donald Trump — a deal that could ultimately balloon with orders for 750 additional
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China markets tumble as Trump-Xi summit falls short of expectations
HONG KONG, May 15 — China stocks fell on Friday amid a broader market selloff as a two-day summit between US President Donald Trump and Chinese leader Xi Jinping produced few deals between the world’s top two economies to excite
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Malaysia defies global slump with 5.4pc Q1 GDP growth
KUALA LUMPUR, May 15 — The Malaysian economy recorded a firm growth of 5.4 per cent in the first quarter of 2026, driven by strong domestic demand and a continued surge in electrical and electronics (E&E) exports, Bank Negara Malaysia
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End of an era: LVMH confirms massive sale of Marc Jacobs brand
NEW YORK, May 15 — French luxury giant LVMH will sell its Marc Jacobs brand to US brand firm WHP Global, the two companies said Thursday. Marc Jacobs, acquired by LVMH in 1997, will keep the namesake American designer as
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Cost cuts help Burberry swing back into black in latest financial year
LONDON, May 14 — British luxury fashion label Burberry said Thursday it returned to profit last year thanks to a sizeable cost-cutting plan launched at the end of 2024. Net profit stood at £21 million (US$28 million; RM111.46 million) in
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Taiwan’s Foxconn posts stronger Q1 earnings on surging Nvidia-linked AI server business
TAIPEI, May 14 — Taiwanese tech hardware giant Foxconn on Thursday announced a 19-percent jump in quarterly net profit as the booming market for artificial intelligence servers drives growth, despite geopolitical uncertainty. Foxconn, whose official name is Hon Hai Precision
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Indian pharma firms linked to export of powerful opioids fuelling West Africa drug crisis
NEW DELHI, May 14 — Indian pharmaceutical firms are exporting millions of dollars’ worth of powerful opioids to west Africa despite a promised crackdown, an AFP investigation found Thursday, with officials saying they are driving a deadly drugs epidemic across
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Germany looks to deepen investment in Johor-Singapore SEZ amid global supply chain realignment
ISKANDAR PUTERI, May 14 — Johor is increasingly being viewed as a strategic gateway into Asean as Germany seeks to diversify global supply chains and expand investment partnerships in the Johor-Singapore Special Economic Zone (JS-SEZ) amid the global supply chain
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Ringgit opens higher for seventh straight day ahead of Trump-Xi talks in Beijing
KUALA LUMPUR, May 14 — The ringgit opened higher against the US dollar for a seventh straight trading day ahead of the high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping on May 14-15, 2026. At 8
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Samsung says image supplied by partner as Dua Lipa sues for copyright and publicity abuse
LONDON, May 14 — Electronics giant Samsung has said “we deny any allegations of intentional misuse” after lawyers for pop star Dua Lipa announced they would sue the company for allegedly using her image without permission, PA Media/dpa reported. Court
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