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2020-06-30 17:14 | Report Abuse
UK (Fitch) credit rating downgrade from AA to AA-
Canada (Fitch) credit rating downgrade from AAA to AA+
Hong Kong (Fitch) credit rating downgrade from AA to AA-
Hong Kong (Moody's) credit rating downgrade from Aa2 to Aa3
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2020-06-25 11:23 | Report Abuse
More cuts in M'sia
AmBank Group chief economist Dr Anthony Dass said the possibility of the central bank reducing the Overnight Policy Rate (OPR) by another 50 basis points in July remains high.
"The rate cut will provide a much-needed boost for economic recovery amidst the Covid-19 pandemic.
"It will help stabilise the national economy and ensure Penjana's success," he said.
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2020-06-25 11:23 | Report Abuse
More cuts in M'sia
AmBank Group chief economist Dr Anthony Dass said the possibility of the central bank reducing the Overnight Policy Rate (OPR) by another 50 basis points in July remains high.
"The rate cut will provide a much-needed boost for economic recovery amidst the Covid-19 pandemic.
"It will help stabilise the national economy and ensure Penjana's success," he said.
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2020-06-23 08:40 | Report Abuse
If US economy still stronger, people will demand more for the paper money even printed unlimited. But if the economy crash to weakest point, people will stop buying it and it will became worthless toilet paper.
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2020-06-23 07:01 | Report Abuse
S. Korea battling ‘second wave’ of Covid-19 with night club cluster
SEOUL: Health authorities in South Korea said for the first time on Monday it is in the midst of a “second wave” of novel coronavirus infections focused around its densely populated capital, stemming from a holiday in May.
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2020-06-23 07:00 | Report Abuse
Australians warned against travelling to Melbourne amid fears of second COVID-19 wave
Australians were warned on Monday (Jun 22) to avoid travelling to Melbourne, as the country's second-biggest city tightened coronavirus restrictions amid fears of a second wave of the epidemic.
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2020-06-22 09:40 | Report Abuse
Wti crude oil price: $39.95/barrel
Brent: $42.43/barrel
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2020-06-14 23:01 | Report Abuse
London protests: Demonstrators clash with police
13 June 2020 UK
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Video captionSome of the protesters in central London were seen attacking police
Police have been attacked by demonstrators in central London, where thousands gathered despite warnings to avoid protests.
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2020-06-14 22:59 | Report Abuse
Atlanta police chief resigns over Rayshard Brooks shooting
14 June 2020 US & Canada
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Video captionThe Wendy's drive-through restaurant was set on fire over Mr Brooks' shooting
Atlanta's police chief has resigned after the fatal shooting of an African-American man during an arrest.
Rayshard Brooks, 27, was shot by an officer during a struggle at a drive-through restaurant late on Friday.
On Saturday protesters set fire to the Wendy's restaurant where the shooting occurred and police chief Erika Shields handed in her resignation.
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2020-06-14 22:57 | Report Abuse
Australia protests: thousands take part in Black Lives Matter and pro-refugee events amid Covid-19 warnings
Refugee advocates defy court order in Sydney as Victorian GP among nation’s new coronavirus cases
Guardian staff
Sat 13 Jun 2020 04.03 EDT
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2020-06-03 14:20 | Report Abuse
New York police said there was a shooting in Crown Heights, Brooklyn, in which an officer shot “someone with a firearm.” No condition was reported on the gunman and the officer is not injured, authorities said.
Bloomberg
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2020-06-02 20:58 | Report Abuse
This Is What The Insurrection Act Of 1807 Is And How Trump Could Try To Use It
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2020-06-02 20:57 | Report Abuse
This Is What The Insurrection Act Of 1807 Is And How Trump Could Try To Use It
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2020-06-01 13:59 | Report Abuse
Trump taken to underground bunker as protests grew outside White House: Reports
SAVANNAH BEHRMANN | USA TODAY | 2 hours ago
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2020-06-01 13:59 | Report Abuse
Trump taken to underground bunker as protests grew outside White House: Reports
SAVANNAH BEHRMANN | USA TODAY | 2 hours ago
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2020-06-01 13:59 | Report Abuse
Trump taken to underground bunker as protests grew outside White House: Reports
SAVANNAH BEHRMANN | USA TODAY | 2 hours ago
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2020-06-01 07:03 | Report Abuse
The star
LOS ANGELES (AFP): Los Angeles, Philadelphia and Atlanta were among several US cities to announce curfews Saturday (May 30) in a bid to stem violent anti-police protests breaking out across America.
A nighttime curfew was also implemented in Louisville, Kentucky as the US continues to be rocked by demonstrators angry at the death of a black man during an arrest in Minneapolis on Monday.
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2020-06-01 07:01 | Report Abuse
The star
LOS ANGELES (AFP): Los Angeles, Philadelphia and Atlanta were among several US cities to announce curfews Saturday (May 30) in a bid to stem violent anti-police protests breaking out across America.
A nighttime curfew was also implemented in Louisville, Kentucky as the US continues to be rocked by demonstrators angry at the death of a black man during an arrest in Minneapolis on Monday.
Stock
2020-06-01 06:56 | Report Abuse
Live Updates
U.S. braces for a sixth night of mass protests as police become more aggressive
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2020-06-01 06:55 | Report Abuse
Live Updates
U.S. braces for a sixth night of mass protests as police become more aggressive
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2020-06-01 06:55 | Report Abuse
Live Updates
U.S. braces for a sixth night of mass protests as police become more aggressive
Stock
2020-05-30 20:00 | Report Abuse
Fear that capital will flee Hong Kong are visible just about everywhere in the city's financial markets, yet the currency remains resistant for now.
Speculators are betting on significant depreciation with derivatives, sending a measure of bearishness to near its highest level of the year. Volume on Hong Kong dollar options soared to $3.7bn, with a third of the trades betting the pegged currency would hit or break the weak end of its trading band.
Conviction that turbulence will get worse is also evident in the swaps market, where the spread between local and US rates reached levels last seen in the 1990s.
MENAFN - Gulf Times
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2020-05-30 19:58 | Report Abuse
Speculators target Hong Kong's currency on outflow concern
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2020-05-30 16:51 | Report Abuse
Some of the protests have been peaceful, while others have been destructive. Here are the cities where protesters gathered:
California: Los Angeles, Bakersfield, Sacramento, San Jose, Oakland, San Francisco
Colorado: Denver
Georgia: Atlanta
Illinois: Chicago
Iowa: Des Moines
Indiana: Indianapolis, Fort Wayne
Kentucky: Louisville (Related to the death of Breonna Taylor)
Louisiana: New Orleans
New York: New York City
Massachusetts: Boston
Michigan: Detroit
Minnesota: Minneapolis
Nevada: Las Vegas
North Carolina: Charlotte
Ohio: Columbus, Cincinnati
Texas: Dallas, Houston
Virginia: Richmond
Washington, DC
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2020-05-29 07:02 | Report Abuse
Top members of the US administration have warned that Hong Kong no longer merits a special status when it comes trade, and the territory could be treated the same way as mainland China.
Stock
2020-05-29 06:59 | Report Abuse
For nearly three decades, the U.S. has given Hong Kong special status — letting goods flow back and forth without tariffs and people to fly in and out with no visas. Other countries do the same. That makes Hong Kong a vital business hub, according to Fraser Howie, an independent financial analyst in Singapore.
It’s a “very unique environment, different from the mainland,” Howie said. “Hong Kong was always seen as low-tax, exciting destination, a can-do type of place.”
If Washington ditches Hong Kong’s special status, there’d be “serious implications,” the U.S. Chamber of Commerce warned.
Stock
2020-05-29 06:58 | Report Abuse
For nearly three decades, the U.S. has given Hong Kong special status — letting goods flow back and forth without tariffs and people to fly in and out with no visas. Other countries do the same. That makes Hong Kong a vital business hub, according to Fraser Howie, an independent financial analyst in Singapore.
It’s a “very unique environment, different from the mainland,” Howie said. “Hong Kong was always seen as low-tax, exciting destination, a can-do type of place.”
If Washington ditches Hong Kong’s special status, there’d be “serious implications,” the U.S. Chamber of Commerce warned.
Stock
2020-05-29 06:57 | Report Abuse
HONG KONG: A national security law proposed by China could imperil Hong Kong’s status as one of the world’s best places to do business.
Stock
2020-05-25 22:38 | Report Abuse
Hong Kong police fired tear gas and water cannon to disperse thousands of people who rallied on Sunday to protest against Beijing's plan to impose a new national security law on the semi-autonomous city.
In a return of the unrest that roiled Hong Kong last year, crowds thronged the Causeway Bay shopping area in defiance of curbs imposed to contain the coronavirus. Chants of "Hong Kong independence, the only way out" echoed through the streets.
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2020-05-25 22:38 | Report Abuse
Hong Kong police fired tear gas and water cannon to disperse thousands of people who rallied on Sunday to protest against Beijing's plan to impose a new national security law on the semi-autonomous city.
In a return of the unrest that roiled Hong Kong last year, crowds thronged the Causeway Bay shopping area in defiance of curbs imposed to contain the coronavirus. Chants of "Hong Kong independence, the only way out" echoed through the streets.
Stock
2020-05-25 22:37 | Report Abuse
Hong Kong police fired tear gas and water cannon to disperse thousands of people who rallied on Sunday to protest against Beijing's plan to impose a new national security law on the semi-autonomous city.
In a return of the unrest that roiled Hong Kong last year, crowds thronged the Causeway Bay shopping area in defiance of curbs imposed to contain the coronavirus. Chants of "Hong Kong independence, the only way out" echoed through the streets.
Stock
2020-05-23 11:18 | Report Abuse
US Senate passes bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges
The US Senate passed a bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges, as tensions between US and China flared up once again. The bill seeking to delist Chinese companies was introduced by John Kennedy, a Republican, and Chris Van Hollen, a Democrat. Signalling bipartisan support, the Senate passed the bill unanimously. It would also require companies to certify that they’re not under the control of a foreign government. Shares of Chinese e-commerce giant Alibaba saw its US-listed shares fall more than 2% after the development.
Stock
2020-05-23 11:18 | Report Abuse
US Senate passes bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges
The US Senate passed a bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges, as tensions between US and China flared up once again. The bill seeking to delist Chinese companies was introduced by John Kennedy, a Republican, and Chris Van Hollen, a Democrat. Signalling bipartisan support, the Senate passed the bill unanimously. It would also require companies to certify that they’re not under the control of a foreign government. Shares of Chinese e-commerce giant Alibaba saw its US-listed shares fall more than 2% after the development.
Stock
2020-05-23 11:17 | Report Abuse
US Senate passes bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges
The US Senate passed a bill to delist Alibaba, Baidu and other Chinese companies from US stock exchanges, as tensions between US and China flared up once again. The bill seeking to delist Chinese companies was introduced by John Kennedy, a Republican, and Chris Van Hollen, a Democrat. Signalling bipartisan support, the Senate passed the bill unanimously. It would also require companies to certify that they’re not under the control of a foreign government. Shares of Chinese e-commerce giant Alibaba saw its US-listed shares fall more than 2% after the development.
Stock
2020-05-22 06:36 | Report Abuse
Chinese Oil Imports To Rise In 2020 Despite Coronavirus
Despite the low oil demand during the COVID-19 outbreak in China, the world’s top oil importer is set to increase its crude oil imports by 2 percent in 2020
Stock
2020-05-22 06:35 | Report Abuse
Chinese Oil Imports To Rise In 2020 Despite Coronavirus
Despite the low oil demand during the COVID-19 outbreak in China, the world’s top oil importer is set to increase its crude oil imports by 2 percent in 2020
Stock
2020-05-22 06:17 | Report Abuse
Australian coal exporters are facing the risk of tougher restrictions selling into China as government authorities in Beijing direct state-owned power plants to purchase domestic product instead.
The move threatens to add to escalating tensions between Australia and its largest trading partner and follows new customs reforms that analysts fear could lead China to delay cargoes of Australia's most lucrative export, iron ore.
Stock
2020-05-22 06:16 | Report Abuse
Australian coal exporters are facing the risk of tougher restrictions selling into China as government authorities in Beijing direct state-owned power plants to purchase domestic product instead.
The move threatens to add to escalating tensions between Australia and its largest trading partner and follows new customs reforms that analysts fear could lead China to delay cargoes of Australia's most lucrative export, iron ore.
Stock
2020-05-22 06:16 | Report Abuse
Australian coal exporters are facing the risk of tougher restrictions selling into China as government authorities in Beijing direct state-owned power plants to purchase domestic product instead.
The move threatens to add to escalating tensions between Australia and its largest trading partner and follows new customs reforms that analysts fear could lead China to delay cargoes of Australia's most lucrative export, iron ore.
Stock
2020-05-21 11:17 | Report Abuse
Unless crude oil price skyrocketing largely to compensate the hole.
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2020-05-21 11:14 | Report Abuse
On that time, S$1 may worth RM4, Usd1 may worth RM5
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2020-05-21 11:12 | Report Abuse
If Malaysia reach 0%, exchange rate may fall to lowest in history and very large outflows of funds.
Stock: [CIMB]: CIMB GROUP HOLDINGS BERHAD
2020-06-30 17:15 | Report Abuse
UK (Fitch) credit rating downgrade from AA to AA-
Canada (Fitch) credit rating downgrade from AAA to AA+
Hong Kong (Fitch) credit rating downgrade from AA to AA-
Hong Kong (Moody's) credit rating downgrade from Aa2 to Aa3