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Lim: Stop all wars, including trade wars

GEORGE TOWN: The ongoing trade war between the US and China must end and the world should focus on combating corruption, extremism and racism, Finance Minister Lim Guan Eng said today. He said wars that had happened around the world

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Dr M: Applying sanctions is against the law

BANGKOK: Prime Minister Tun Dr Mahathir Mohamad has criticised the move by a certain country to impose economic sanctions on another country, saying the move is against the law. He said applying sanctions not only hurts the country involved but

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ASEAN must take bold economic reform to cushion impacts of trade war

KUALA LUMPUR: ASEAN member states must take bold and effective measures to bolster their economies to cushion the impact of the ongoing trade war between the United States (US) and China which has yet to show any sign of resolution.

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Mahathir warns of possible trade sanctions on Malaysia

Prime Minister Tun Dr Mahathir Mohamad said today Malaysia could be hit with trade sanctions amid rising protectionism highlighted by the US-China tariff war. Mahathir did not mention the source of possible sanctions on the Southeast Asian country, but said

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Trade war rejuvenates ‘Silicon Valley’ firms in Malaysia

PENANG, Malaysia: Years after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it’s hiring more workers, considering an expansion, and picking and choosing orders. Lee

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Ringgit down against US dollar in early trade

KUALA LUMPUR: The ringgit opened almost flat against the US dollar today on lack of fresh buying interest, said a dealer. At 9.10am, the local note was at 4.1950/1990 against the greenback from yesterday’s close of 4.1955/1985. Axi Trader Asia-Pacific

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KLCI dips by 0.35% as domestic sentiment remains cautious

KUALA LUMPUR: The FBM KLCI fell 0.35% to remain at a four-year low at mid-morning today, despite the uptrend at regional markets as domestic sentiment remained wary. At 10am, the FBM KLCI fell 5.53 points to 1,558.65. Gainers led losers

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KLCI falls 0.65% due to possible US-Europe trade war

KUALA LUMPUR: The FBM KLCI lost 0.65% at mid-morning today as sentiment turned weak in line with the downward trend at regional markets on worries of a fresh trade war between US and Europe. At 10am, the FBM KLCI lost

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Asian stocks dips after US announces tariffs on Europe

TOKYO: Asian stocks, already under pressure from growing global growth fears, tumbled today after New York markets slumped overnight as the US opened a new trade war front, saying it will impose tariffs on US$7.5 billion of goods from the

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Ringgit soars against the US dollar early today

KUALA LUMPUR: The ringgit opened higher against the US dollar today due to better demand for the local currency and following the release of weaker US manufacturing data, as well as fewer jobs created in the country. At 9.03 am,

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