FBM KLCI up after starting lower amid China-US trade war thaw hopes
KUALA LUMPUR (Jan 18): The FBM KLCI rose after opening lower today as global investors took cue from a a report by The Wall Street Journal that US Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports.
Such sentiment led to anticipation of a thaw in the China-US trade war. At Bursa Malaysia, the KLCI opened 0.67 point lower at 1,682.30 at 9am. At 9:05am, the KLCI rose 0.21 point to 1,683.18.
Intudo Ventures, a VC firm focused on Indonesia, has closed a new $50 million fund. This is Intudo’s second fund to date following its $20 million debut last year. The firm is a relative newcomer to Southeast Asia but a key differentiator is that it is solely focused on Indonesia, which is the world’s fourth most populated country […]
Everything is twice better when your best friend is involved, including Echelon Asia Summit 2019 It takes a village to raise a child –and a community to build a company. On the previous round, we were all about the #startuplyfe and cool fictional characters. One thing we realised from the incoming entries is that running […]
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