Hong Kong stocks rise as US-China trade war fears ease
HONG KONG: Hong Kong stocks rose on Monday, after U.S. Treasury Secretary Steven Mnuchin said Washington's trade war with Beijing was put "on hold", easing trade tensions that had damped risk appetite.
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.
While the world talks about the opportunity to invest in startups, one of the biggest questions startups want answered is what you should invest in Entrepreneurship in Singapore is on the rise. In January 2016, former president of the National University of Singapore, Shih Choon Fong, said that Singapore will need more entrepreneurs to stay competitive in […]
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