Saturday, October 19th, 2019

 

MOA hopes durian entreprneurs will escalate agrotourism

GEORGE TOWN, Oct 19 — The Agriculture and Agro-based Ministry (MOA) hopes that durian entrepreneurs and planters can escalate durian-based agro-tourism activities before the 2020 Visit Malaysia Year (VMY2020). MOA deputy…


China, US make ‘substantial’ trade deal progress

BEIJING, Oct 19 — Beijing and Washington have made “substantial progress” towards a partial trade deal, China’s top trade negotiator said today, in his first comments since talks with US president Donald Trump last week. Trump announced a…


Facebook says it will deliver News Corp stories

SAN FRANCISCO, Oct 19 — Facebook today confirmed that some stories from News Corp, publisher of The Wall Street Journal, will be among the headlines delivered in a news tab the leading social network plans to launch in coming weeks. Edited by…


China says will work with the US to address each other’s core concerns

NANCHANG, Oct 19 — Chinese Vice Premier Liu He said today that China will work with the United States to address each other’s core concerns on the basis of equality and mutual respect, and that stopping the trade war would be good for both sides…


At IMF, US urges action to spur global economy; avoids talk of trade war

WASHINGTON, Oct 19 — Washington called yesterday for action from other major world powers to spur economic growth, avoiding mention of the US-China trade war and blaming the current global slowdown on excess savings, flagging investment in China…


Tech haves and have-nots face third-quarter tests

NEW YORK, Oct 19 — Technology companies, which make up the largest swath of the US stock market, are expected to post a nearly 8 per cent drop in third-quarter profits as reports roll in next week from many of the sector’s biggest corporations….


Johnson & Johnson recalls 33,000 bottles of baby powder as FDA finds asbestos in sample

NEW YORK, Oct 19 — Johnson & Johnson (J&J) said yesterday it is recalling around 33,000 bottles of baby powder in the United States after US health regulators found trace amounts of asbestos in samples taken from a bottle purchased online….


G20 kicks off debate to regulate ‘stablecoins’ in hit to Facebook’s Libra

WASHINGTON, Oct 19 — Group of 20 finance leaders yesterday agreed to set strict regulations on cryptocurrencies such as Facebook’s Libra, warning that issuance of such “stablecoins” should not be allowed until various global risks they pose…


Bursa Malaysia to track higher global equity momentum next week

KUALA LUMPUR, Oct 19 — Bursa Malaysia is expected to trend higher next week, tracking the global equity momentum, amid a stronger Wall Street performance and possible Brexit deal. Phillip Capital Management senior vice-president (investment) Datuk…


EU, China, others, team up to coordinate ‘green’ investment financing

WASHINGTON, Oct 19 — The European Union, China, India and several other countries teamed up yesterday to coordinate rules and standards for trillions of dollars of private and public “green” investment needed over decades to prevent…