NEW YORK: Oil prices rose on Friday as a weakening dollar and lower expected August crude exports from Saudi Arabia supported the market, offsetting concerns about U.S.-China trade tensions and supply increases.
WASHINGTON: President Donald Trump prodded China to offer more at the bargaining table as the two countries prepared for their first major negotiation in more than two months in an effort to head off an all-out trade war.
KUALA LUMPUR (Aug 17): The sale of the Equanimity superyacht could fetch at least RM500 million, Deputy Rural Development Minister Sivarasa Rasiah said, adding the proceeds will be used to repay 1Malaysia Development Bhd's (1MDB) debt.
"We are not going to get that much for that yacht, I think. We'll be lucky and hope to get RM500 million," Sivarasa, a veteran lawyer who left the Malaysian Bar six weeks ago, said at the final day of the International Malaysian Law Conference 2018 here today.