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Business
South Korea’s Lee says global trade order at critical inflection point
South Korean President Lee Jae Myung (centre) speaks during the first session of the Apec summit in Gyeongju. (EPA Images…
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Business
Bursa opens lower, tracking Wall Street weakness
KUALA LUMPUR: Bursa Malaysia opened lower on Friday, tracking Wall Street’s downbeat session overnight. At 9.10am, the FTSE Bursa Malaysia…
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Business
Dollar at three-month high as markets puzzle over outlook
The US dollar fell 0.1% to 153.935 yen, retreating from a nine-month high after Tokyo’s core consumer prices rose 2.8%.…
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Business
Ringgit opens flat as markets digest Fed’s hawkish rate cut
KUALA LUMPUR: The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal…
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Business
Sales of ‘services’ help Apple beat earnings forecasts
Overall iPhone sales, the core of Apple’s business, fell short of expectations, generating US$49 billion, up from the same quarter…
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Business
Amazon shares surge as AI boom drives cloud growth
Amazon reported better-than-expected earnings, driven by surging demand for its cloud services, as quarterly sales rose 13% to US$180.2 billion.…
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Business
US treasury’s Bessent says China has approved TikTok transfer deal
ByteDance would hold under 20% in TikTok US to comply with a law ordering shutdown by January 2025 if it…
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Business
G7 to launch ‘alliance’ countering China’s critical mineral dominance
Under the Critical Minerals Production Alliance, G7 nations planned to mobilise private investment to boost output and cut reliance on…
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Business
Stocks mostly fall as investors digest Trump-Xi talks, earnings
Anticipation of the US-China meeting lifted stocks to record highs, but momentum faded as Wall Street indices retreated. (AP pic) …
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Business
Chinese EV giant BYD says Q3 profit down 33%
BYD’s Q3 revenue was down 3% year-on-year. (Reuters pic) BEIJING: Chinese electric vehicle giant BYD said on Thursday its third-quarter…
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