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Friday, December 6, 2019

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Oil sputters after Opec fails to nail new output target

Ministers left meeting without cementing an agreement.

Amazon emerges unscathed from Premier League streaming debut

However, there were complaints of buffering and blackouts during games.

Garuda fires CEO for smuggling Harley-Davidson bike on new jet

Smuggling of the goods deprived Indonesia of between 532 mil rupiah to 1.5 bil rupiah in revenue.

New female billionaire to emerge from Asia’s biggest divorce suit

Roh Soh-yeong demands 42.3% of tycoon husband Chey Tae-won's stake in SK Holdings Co.

Indonesia preps US$40 bil for a metro to rival Singapore’s

Project is poised to boost country’s construction industry and reignite China-Japan rivalry.

Huawei sues FCC over federal subsidy ban

Chinese tech giant claims it wasn’t accorded due process in fight for greater US market access.

Elizabeth Warren accuses Michael Bloomberg of ‘buying the election’

Billionaire former New York mayor has spent US$59 mil in ad time for his campaign.

Driver death sees Takata recall another 1.4 mil airbags

Withdrawal involves parts sold to BMW, Volkswagen, Toyota, Honda and Mitsubishi.

US employers added the fewest jobs in 6 months, report shows

Analysts say manufacturers, commodity producers, retailers are shedding jobs.

No one wants to own euro, says Deutsche Bank

Currency has fallen more than 3% this year.

Typhoon Kammuri kills 17 people as it passes south of Manila

It is the 20th storm to hit the Philippines this year.

Hong Kong Airlines plans cash injection, will pay staff on Thursday

City-state's airlines was struggling even before anti-govt protests began in June.

Mercedes beats BMW for 2nd month in US car sales

Daimler AG’s brand sold 33,721 cars and SUVs in November, surpassing its rival by 2,508 vehicles.

Japan parliament just approved trade deal sought by Trump

US president desperate for deal to appease farmers hurt by trade war with China.

Log shows Trump lawyer in frequent contact with White House

Rudy Giuliani’s calls to top Republican suggest there was pressure on Ukraine to probe the Bidens.

Google founders to step down at Alphabet

Sundar Pichai will take over from Larry Page and Sergey Brin in shakeup at Silicon Valley titan.

China stockpiles foreign tech as ‘silicon curtain’ descends

Asian powerhouse and its companies are trying to be more technologically independent.

World’s biggest hedge fund falls out of favour with Singapore bank

UOB Private Bank's Chief Investment Officer says Dalio’s Bridgewater has underperformed.

Singapore salaries to rise in 2020 as talent pool is ‘shrinking’

Companies set to step up wage increases next year in bid to retain staff.

China wants everyone to be silent, says sacked HK economist

Law Ka Chung suspects his views on Beijing is why he was forced out of his job.

Trump lawyers want death penalties to resume next week

Only 3 people have been executed for federal crimes since 1988, the last coming in 2003.

Diamond industry’s torrid year set to continue for some time

With too much supply and banks tightening their financing, many traders are unprofitable.

HK retail sales take massive hit as chaos cripple economy

Economist warns wave of store closures could happen if spending continues to be weak.

Thai PM urges nation to ‘spend in dollars’ to weaken baht

Currency's 8.6% surge against the dollar has been hurting exports, tourism.

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