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KUALA LUMPUR: ASEAN Power Grid’s (APG) enhanced memorandum of understanding (MoU), projected to be finalised by the end of this year, will focus on standardising rules and regulations, aligning technical requirements and establishing a financial model. Deputy Prime Minister Datuk Seri Fadillah Yusof said the enhanced MoU would pave the way for implementation under the…
Quentin Fottrell Quentin Fottrell is MarketWatch’s Managing Editor-Advice Columns and The Moneyist columnist. You can follow him on Twitter @quantanamo. Adblock test (Why?)
William Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms. Adblock test…
Quentin Fottrell Quentin Fottrell is MarketWatch’s Managing Editor-Advice Columns and The Moneyist columnist. You can follow him on Twitter @quantanamo. Adblock test (Why?)
GREEN ISLE, MINNESOTA – JUNE 15: FBI agents stage in a neighborhood on June 15, 2025 in Green Isle, Minnesota. Law enforcement agencies are searching for Vance Boelter, a suspect in the killing of DFL State Rep. Melissa Hortman and her husband, Mark Hortman, who were shot at their home yesterday. DFL State Sen. John…
The U.S. has placed major chip export restrictions on Huawei and Chinese firms over the past few years. This has cut off companies’ access to critical semiconductors. Jaap Arriens | Nurphoto | Getty Images Taiwan has added China’s Huawei and SMIC to its trade blacklist in a move that further aligns it with U.S. trade…
A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty Images Shares of French fashion house Kering popped 7% on Monday on reports that it has appointed industry outsider Luca de Meo as group CEO. It comes as the owner of…
HONG KONG: Oil prices extended gains Monday as Israel and Iran pounded each other with missiles for a fourth day and threatened further attacks, stoking fears of a lengthy conflict that could reignite inflation. Gold prices also rose back towards a record high thanks to a rush into safe havens, but while most equity markets…
KUALA LUMPUR: The ringgit opened higher against the United States (US) dollar and a basket of currencies, including ASEAN currencies today, amid cautious sentiment due to escalating geopolitical risks, said an analyst. At 8 am, the local note rose to 4.2365/2600 versus the greenback from Friday’s close of 4.2435/2480. Bank Muamalat Malaysia Bhd chief economist…
SHAH ALAM: Malaysia’s largest trans-Pacific logistics provider, KGW Group Bhd, is doubling down on the US market through a joint venture with China’s Mingkun International Logistics Ltd. This move aims to capitalise on the manufacturing shift into Malaysia as US tariffs impact Chinese exports. CEO Roger Wong said the joint venture entity is already set…
