The dollar is at its most oversold level in over 40 years, investment bank Morgan Stanley said on Friday, adding it had now shifted from its dollar-bearish stance and turned "tactically neutral" on the U.S. currency.
U.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China's ByteDance, owner of video-sharing app TikTok, and Tencent, operator of messenger app WeChat, in a major escalation of tensions with Beijing.
PUTRAJAYA: Malaysia's former finance minister Lim Guan Eng was arrested on Thursday (Aug 6) and is set to be charged with corruption in connection to the Penang undersea tunnel project, the Malaysian Anti-Corruption Commission (MACC) said. Lim will be charged at the Special Corruption Court on ...
China's foreign ministry on Friday said that it firmly opposes executive orders announced by U.S. President Donald Trump on Thursday banning U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing app TikTok.
Tencent is "reviewing the executive order to get a full understanding", a company spokesperson said Friday, after U.S. President Donald Trump announced sweeping bans on U.S. transactions with the Chinese tech company.
U.S. President Donald Trump has issued an executive order banning U.S. transactions involving Chinese social media and video game leader Tencent Holdings Ltd, owner of messaging app WeChat, on national security grounds.
China saw another surprise jump in exports last month as the global economy slowly reopened after virus lockdowns, data showed Friday, but there were warnings that while the country is expected to get back on track by year's end, overseas shipments would likely struggle.
A 10per cent decline in the value of the U.S. dollar since March has boosted returns for foreign investors in the world's largest government bond market at a time when U.S. Treasury yields are near record lows.
Since the World Health Organization declared the novel coronavirus an international health emergency in January, Facebook Inc has removed more than 7 million pieces of content with false claims about the virus that could pose an immediate health risk to people who believe them.
SINGAPORE: Singapore has charged a director of Citadelle Corporate Services for falsifying letters related to Wirecard, the collapsed German payments firm. R Shanmugaratnam was charged with "wilfully and with intent to defraud" falsifying letters from Citadelle to Wirecard representing that it ...
