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China’s factory activity shrinks for seventh straight month in October
BEIJING, Oct 31 — China’s factory activity shrank for a seventh straight month in October, official data showed Friday, as trade uncertainty ahead of talks between President Xi Jinping and his US counterpart Donald Trump weighed on the economic powerhouse.
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Bursa Malaysia opens higher as investor confidence improves after Asean Summit
KUALA LUMPUR, Oct 29 — Bursa Malaysia opened higher on Wednesday, lifted by improved investor sentiment following the conclusion of the Asean Summit and in line with overnight gains on Wall Street. At 9.10am, the FTSE Bursa Malaysia KLCI (FBM
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Microsoft takes 27pc stake in revamped OpenAI partnership worth US$135b
SAN FRANCISCO, Oct 29 — Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence (AI) partnership, giving both companies greater independence while maintaining their close collaboration. Microsoft will hold approximately 27 per cent of the restructured
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IMF hails Malaysia’s role in deepening Asean integration and regional economic growth
KUALA LUMPUR, Oct 28 — Malaysia has played a positive role in strengthening ties among Asean countries, enhancing integration within the bloc and contributing to improved regional economic development, says the International Monetary Fund (IMF). Finance Minister II Datuk Seri
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Amazon’s AI ambitions trigger 30,000 job cuts in biggest shake-up since pandemic
SAN FRANCISCO, Oct 28 — Amazon will lay off tens of thousands of office workers as the e-commerce and tech giant trims costs amid ramped-up investments in artificial intelligence, according to US media reports. Some 30,000 positions will be cut
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Ringgit gains ground on trade optimism, poised to test RM4.20 barrier
KUALA LUMPUR, Oct 28 — The ringgit continued to open higher against the US dollar on Tuesday, buoyed by recent US-Malaysia trade deals that have increased appetite for the local currency, an analyst said. At 8am, the ringgit appreciated to
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As regional ties deepen, DITP Malaysia offers one-stop support for Malaysians eyeing Thai trade opportunities
MALAY MAIL, Oct 27 — Trade between Malaysia and Thailand continues to expand, with bilateral trade hitting US$18.68 billion (RM89.4 billion) in the first eight months of 2025 — a 6.99 per cent increase from the same period last year. With
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IJM wins RM1.26b Selangor data centre project, construction to begin Q4 this year
KUALA LUMPUR, Oct 27 — IJM Corp Bhd is on track to meet its RM6 billion to RM8 billion guidance for financial year 2026 (FY2026) after securing a RM1.26 billion large hyperscale data centre project in Selangor, said CGS International.
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Global stocks soar on US-China trade deal hopes, dollar weakens ahead of Fed meeting
SINGAPORE, Oct 27 — Asian stocks surged and the dollar meandered today as signs of easing trade tensions between China and the US buoyed risk appetite, in a strong start to a week that will be headlined by central bank
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Malaysia, South Africa to deepen trade ties with new focus on semiconductors, defence and research
PUTRAJAYA, Oct 25 — Malaysia and South Africa have agreed to strengthen their cooperation in trade, education, defence, scientific research and new areas such as semiconductors and halal agriculture, said Prime Minister Datuk Seri Anwar Ibrahim. The agreement was reached
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