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NEW YORK, Aug. 4 (Xinhua) -- American employers added 187,000 jobs last month, the U.S. Department of Labor (DOL) reported on Friday, experiencing 31 straight months of growth, while the unemployment rate sank back to 3.5 percent, near a record low. However, experts and media cautioned these are signs that the country's labor market is cooling and rebalancing.
LONDON: Oil prices soared to their highest in about 13 months on Monday as vaccine rollouts promised to revive demand and producers kept supply reined in.
KUALA LUMPUR: UEM Sunrise Bhd is rebalancing its land bank portfolio by entering into a sale and purchase agreement with Lagenda Properties Bhd for the divestment of part of the company’s non-strategic land in Tapah, Perak measuring 252.15ha for RM29.9mil.
CEO speaks on company’s recent series of share disposals
JAKARTA: Indonesia's sprawling nickel industry is creaking under the weight of its own success, as a production surge drags down prices and a shortage of ore forces even the country's own smelters to curb output.
HOMELESSNESS is on the rise across major Argentine cities as the new libertarian government’s tough medicine reforms squeeze pensions, state salaries and push up rental prices, forcing more people into poverty.
BUENOS AIRES (Reuters) - Homelessness is on the rise across major Argentine cities as the new libertarian government's tough medicine reforms squeeze pensions, state salaries and push up rental prices, forcing more people into poverty.
From brightening the complexion to restoring skin's moisture levels and reducing fine lines, tea can work wonders if it's part of your skincare routine.
PETALING JAYA: Initiative, a media agency which is part of the IPG Mediabrands network, has a notable global footprint in over 25 countries, and has secured several global accounts recently, expanding its worldwide relationship.
KUALA LUMPUR: Supermax Corp Bhd’s net profit plunged 96.6% to RM33.05mil, or earnings per share (EPS) of 1.25 sen in the fourth quarter ended June 30 (4Q) against RM962.5mil, or 37.08 sen EPS a year earlier.
KUALA LUMPUR: Top Glove Corp Bhd, which ended its 2022 financial year on a final-quarter loss, is confident the storm will pass as the fundamentals in the glove business remain intact while the challenges are only temporary.
PETALING JAYA: Gone are the days when Top Glove Corp Bhd made almost RM3bil in net profit within a single quarter at the height of the Covid-19 pandemic.
KUALA LUMPUR: Kenanga Investment Bank Bhd (KIBB) has launched Kenanga Digital Investing (KDI), a fully automated artificial intelligence or AI-driven robo adviser.
Digital fund manager an option for investment goals
KUALA LUMPUR: Bank Islam Malaysia Bhd’s (BIMB) wholly-owned subsidiary, BIMB Investment Management Bhd is aiming for RM100 million in asset under management (AUM) in two years for its newly launched BIMB-Arabesque Global Shariah Sustainable Equity Fund (BGSEF).
BEIJING (Bloomberg): China’s biggest political gathering of the year comes to a close Thursday (March 11) with the National People’s Congress expected to approve overhauls to Hong Kong’s electoral system and Premier Li Keqiang scheduled to hold his once-a-year news briefing.
At the forefront of China’s economic plans presented at the National People’s Congress is increased technological self-sufficiency.
LONDON: The highest coal prices in years aren’t enough to spur investment in new mines in the face of heightened efforts by governments and financial institutions to get the world to abandon the dirtiest fossil fuel.
NEW YORK: Index funds are supposed to cut out the human-driven craziness that periodically infects markets, but the recent meme-stock fever proved the US$11 trillion (RM45.41 trillion) industry is far from immune.
KUALA LUMPUR: HSBC Amanah Malaysia Bhd is using artificial intelligence (AI) as a method in equity investing with the launch of the AI powered US Equity 5 Index (AiPEX5) suite of structured products in the country.
