Tag "US-China trade war"
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China posts weakest growth in 29 years as trade war bites
China’s economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown. But
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Dr M captivates international audience at ASEAN Summit
Prime Minister Tun Dr Mahathir Mohamad was called for the 10- ASEAN nations to speak with one voice on the global stage to avoid being bullied, by developed nations in particular. He spoke at a dialogue session at the ASEAN
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Malaysia to solidify Asean relations, collaborate with both China, US
PUCHONG: Malaysia is looking to solidify its relation among its Asean partners to pursue a synergistic collaboration with both China and the United States, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali in view of the ongoing China –
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Oil prices drop as more tariff added in US-China trade war
TOKYO: Oil prices were lower on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude. Brent crude was down 27 cents, or
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China, USA impose additional tariffs on each other’s goods
BEIJING: China and the United States will begin imposing additional tariffs on each other’s goods on Sunday, the latest escalation in a bruising trade war despite signs talks would resume sometime this month. A new round of U.S. tariffs on
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Gold prices in a 6-year high
BENGALURU: Gold prices scaled a fresh six-year high on Monday, as the latest tit-for-tat tariffs by the United States and China in their year-long trade war battered global equities and boosted demand for safe-have assets. Spot gold jumped 0.9% to
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Oil prices slip, hopes US-China tensions to ease
SINGAPORE: Crude oil prices slipped on Tuesday, but losses were limited as equity markets rallied and as traders hoped Sino-US trade tensions would ease. The United States said it would extend a reprieve that permits China’s Huawei Technologies to buy
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Asia stocks nurse losses, bonds hold huge gains
SYDNEY: Asian shares were heading for weekly losses on Friday as conflicting messages on the Sino-U.S. trade war only added to worries for the global economy, while talk of aggressive central bank stimulus drove bond yields to fresh lows. U.S.
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US – China trade war leading to recession fear
NEW YORK: Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world’s two largest economies before the 2020
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KLCI rebounds from bloodshed
KUALA LUMPUR: KLCI made a near-complete recovery from a sharp early-morning sell-off as investors regained some composure following news that Beijing’s central bank set a stronger yuan fixing than expected. Beijing set the yuan midpoint fixing at 6.9683 per dollar,
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