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A person sits on the edge of an engine of an Airbus A320 passenger aircraft of Jet Blue airlines in a maintenance hangar of the company at JFK International Airport in New York March 4, 2024. — AFP pic

JetBlue, Spirit Airlines cancel merger after blocked by US court

A property crisis, deepening deflation, a stock market rout, and mounting local government debt woes have increased the pressure on China’s leaders to respond to these calls.— Reuters pic

China vows to ‘transform’ economy, targets stable growth of around 5pc

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Vantage Data Centers Secures US$64M Loan from Top Taiwanese Banks and Completes Taiwan’s First Greenfield Hyperscale Data Center Project Financing Transaction

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"Immersive Hong Kong" roving exhibition launched in Kuala Lumpur

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Industrial Designers Society of Hong Kong’s The 3rd Edition of "ReMIX" Creative Business Partnership Programme

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Signing of a binding merger for the sale of a block of shares in SMT Scharf AG

On the broader market, the sentiment was negative with decliners surpassing gainers 222 versus 139, while 265 counters were unchanged, 1625 untraded and 13 others suspended. ― Bernama pic

Bursa Malaysia opens lower on negative Wall Street performance

At 9am, the ringgit fell to 4.7225/7270 against the greenback compared with yesterday’s close of 4.7200/7250. — Bernama pic

Ringgit opens easier against US dollar

Nintendo last week sued Tropic Haze, registered in the US state of Rhode Island, which owns and runs Yuzu, a popular video game emulator. —AFP pic

Nintendo wins battle against piracy software company

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World Hearing Day a Reminder on the Urgent Need to Address Hearing Loss and Its Link to Dementia in Australia

The ultra-flexible supply chain has allowed Shein to create a different business model than established fast-fashion players like Zara and H&M, which pioneered shorter production timelines but still largely rely on predicting shoppers’ preferences. — Reuters pic

France mulls penalties to rein in ultra-fast fashion brands

The tariff is a legacy of the European energy crisis that peaked in 2022 after Moscow cut gas flows to Europe following its invasion of Ukraine and an undersea explosion shut the Nord Stream pipeline from Russia to Germany. — Reuters pic

Germany’s gas tariff puts EU energy solidarity at risk, says energy commissioner

Rallies in chip stocks, including Nvidia, helped advance the S&P 500 to fresh intraday records during the session as investors continued to bet on demand for products powering artificial intelligence (AI) even though were broadly cautious ahead of economic data.  — Reuters pic

S&P 500 edges lower as investors hold their breath ahead of economic data

The lawsuit is the latest in a series of legal challenges Elon Musk faces after he acquired Twitter for US$44 billion in October 2022 and later renamed it X. — Reuters pic

Former Twitter execs sue Elon Musk for over US$128m in severance

All three US indexes struggled for gains through much of the range-bound session, but lost momentum in the final hour. — Reuters pic

US stocks end lower ahead of Powell, jobs data; bitcoin surges

The S&P 500 has also been on a record-breaking rally, with BofA Global Research lifting its year-end target for the benchmark index to 5,400, from 5,000, representing a 5 per cent upside from current levels. — Reuters pic

Wall Street dips after record-breaking rally; economic data on tap