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World Bank lifts China 2025 GDP forecast to 4.8pc ahead of a slowdown next year
LONDON, Oct 7 — The World Bank lifted its 2025 growth projection for China to 4.8 per cent and raised its forecast for much of the region, but warned of a slowing momentum next year, citing low consumer and business
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MMC Port delays IPO to 2026 to incorporate full-year 2025 results, sources say
SINGAPORE, Oct 7 — Malaysia’s MMC Port Holdings has decided to postpone its planned initial public offering to next year so that it can include its full-year 2025 financial results, two sources with knowledge of the matter told Reuters today.
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Ringgit dips ahead of Budget 2026 as traders eye fiscal signals
KUALA LUMPUR, Oct 6 — The ringgit opened lower against the US dollar as traders anticipated range-bound trading ahead of the tabling of Budget 2026, with attention focused on the government’s fiscal deficit targets to be unveiled later this week.
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Bursa Malaysia slips after early gains amid profit-taking
KUALA LUMPUR, Oct 6 — Bursa Malaysia opened higher on Monday, supported by stronger regional markets, but later pared gains as mild profit-taking hit select heavyweights, analysts said. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 1.34
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Trump administration eyes stake in Greenland rare earths firm to counter China’s mineral dominance
WASHINGTON, Oct 6 — Trump administration officials have discussed taking a stake in Critical Metals Corp, four people familiar with the discussions told Reuters, which would give Washington a direct interest in the largest rare earths project in Greenland, the
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Fujitsu and Nvidia team up to build AI infrastructure for healthcare, manufacturing and robotics
TOKYO, Oct 4 — Japanese telecommunications and computer maker Fujitsu Ltd. has agreed with US chip giant Nvidia Corp. to jointly develop artificial intelligence infrastructure to create agents that operate in the robotics and other sectors, Kyodo News Agency reported.
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Japan’s Asahi resorts to paper orders to avoid beer shortage after cyberattack cripples systems
TOKYO, Oct 4 — Japanese beer giant Asahi said it was processing orders by hand in an effort to swerve potential drinks shortages it blamed on a ransomware attack crippling its online systems this week. Asahi said on Monday that
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Experts reaffirm call to cut meat to a minimum in updated ‘planetary health diet’
PARIS, Oct 3 — International experts insisted Friday that a healthy diet should keep meat to a minimum, doubling down on previous conclusions the food industry had fiercely dismissed. A healthy diet is “predominantly plant-based, with moderate inclusion of animal-sourced
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MBSB commits RM1.3b to fuel Weststar’s expansion and boost Malaysia’s aviation sector
SUBANG JAYA, Oct 3 — MBSB Bank today committed RM1.3 billion in financing to Weststar Group, marking a significant contribution to the aviation services company’s expansion plans. The financing is part of a larger syndicated facility totalling RM4.8 billion, jointly
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No beer, no cheer? Cyberattack knocks out Asahi shipments in Japan, shares slide 7pc
TOKYO, Oct 3 — A damaging cyberattack on Japanese beer giant Asahi this week has halted shipments from its breweries and there is no resumption in sight, the company warned today, fuelling fears of shortages. Asahi Group, producer of Japan’s
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