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Trump threatens 100pc tariff on French wine over digital tax on US tech giants as G7 meets, NY Post reports
WASHINGTON, June 15 — President Donald Trump today warned that the US will “have no choice” but to apply 100 per cent tariffs on French wine unless Paris eliminates its digital tax on American tech giants. Trump said he delivered
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Ringgit strengthens against dollar as US–Iran peace deal boosts risk sentiment
KUALA LUMPUR, June 15 — The ringgit closed higher against the US dollar today as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday. At 6 pm, the local note rose
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When time turns to bullion: Gold rush reshapes second-hand luxury watch market
LONDON, June 13 — Omega’s Constellation watch has been flashed in campaigns, movies and at the Met Gala by stars like George Clooney and Nicole Kidman, turning it into a symbol of luxury and glamour. But with gold prices near
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Tata iPhone supplier faces shutdown threat over alleged groundwater contamination
BENGALURU, June 13 — An Indian pollution regulator has alleged wastewater discharged from a Tata components factory for Apple’s iPhone production has contaminated groundwater for nearby farms and warned of a forced shutdown unless Tata provides a satisfactory explanation. India’s
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China fumes as US puts Alibaba, BYD and friends on military watchlist
BEIJING, June 13 (Reuters) — China is “strongly dissatisfied” with a US move to add several large Chinese companies to the Pentagon’s list of firms it says are aiding China’s military, the commerce ministry said on Saturday. The foreign ministry
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Indonesia’s rupiah defence strategy comes at cost of higher household burden
JAKARTA, June 13 — Indonesia’s decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government’s effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and
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MAG chief Nasaruddin appointed to IATA board of governors for three-year term
KUALA LUMPUR, June 12 — Malaysia Aviation Group (MAG) president and group chief executive officer Captain Nasaruddin A. Bakar has been appointed to the board of governors of the International Air Transport Association (IATA) during its 82nd annual general meeting
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Ringgit closes firmer at 4.0555 against US dollar, investors eye US‑Iran peace talks
KUALA LUMPUR, June 12 — The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback. At 6pm, the local note rose to 4.0555/0600 versus the
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Elon Musk becomes world’s first trillionaire as SpaceX IPO boosts fortune
NEW YORK, June 12— Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world’s
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Brace for impact: Malaysian retailers warn worst price increases still coming as US-Iran war festers
KUALA LUMPUR, June 12 — Malaysian consumers, already weathering months of relentless price hikes, face a sobering warning: the worst may yet be coming. According to the latest industry report from Retail Group Malaysia (RGM), a fresh wave of retail
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