Treasury's Mnuchin: US, China trade war prospects 'on hold'
WASHINGTON: The United States and China have agreed to drop their tariff threats on billions of dollars worth of each country's goods while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday.
"We are putting the trade war on hold. Right now we have agreed ...
KUALA LUMPUR: Malaysia wants to strengthen its “good relations” with Beijing, Prime Minister Tun Dr Mahathir Mohamad told the South China Morning Post (SCMP) in an interview, but that Chinese companies investing in the country should refrain from relying only on material, capital and labour from China and denying Malaysia any real benefits.
EXCLUSIVE: Adobe has announced a slew of updates and integrations across Adobe Document Cloud, its suite of cloud-based apps for converting and processing PDFs. The company gave VentureBeat an in-depth look at business card improvements coming to Adobe Scan, its PDF conversion app for Android and iOS.
KUALA LUMPUR (June 19): The FBM KLCI fell 28.07 points or 1.61% while the ringgit weakened as the escalating US-China trade spat hit global markets. Analysts said foreign institutional investors sold Malaysian assets on expectation of further US interest rate hikes.
At Bursa Malaysia, the KLCI finished at its intraday low at 1,715.36 points. In currency markets, the ringgit weakened to 4.0030 against a strengthening US dollar at the time of writing.