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Asian markets mostly up on heels of Apple, Amazon earnings
The Nikkei rose over 1% despite Nissan shares plunging nearly 8% after the automaker warned of an operating loss. (AP…
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China’s factory activity shrinks for seventh straight month
China’s factory activity in October matched the year’s lowest level, equalling 49.0 as previously seen in April. (EPA Images pic)…
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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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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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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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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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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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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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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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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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