Charting Naza’s direction
The focus of the second generation is to put a framework of corporate governance and professional managers at the group’s key divisions.
The focus of the second generation is to put a framework of corporate governance and professional managers at the group’s key divisions.
AHEAD of US jobs data, the US dollar hit seven-week highs for the week, appreciating by 0.95% to 93.96 amid better-than-expected economic data and hawkish comments from Fed Harker and Williams.
NEW YORK: Federal Reserve governor Jerome Powell said the central bank wants to capture more data on trading in the US$14.1 trillion treasuries market, after regulators began gathering statistics on a limited group of transactions this year.
NEW YORK: The S&P 500 eased on Friday, ending a six-day run of record highs as the first monthly decline in U.S. nonfarm jobs in seven years dampened sentiment and pharmacy shares fell on Amazon competition fears. The Nasdaq ended up for a ninth straight day, however, and set its sixth straight record high close, […]
KUALA LUMPUR: SP Setia Bhd is about to set a new benchmark for Australia’s most expensive apartment with the impending sale of a 650 sq m luxury penthouse on top of the recently launched Sapphire By The Gardens in Melbourne.
KUALA LUMPUR: Malaysian palm oil futures traded higher on Friday ahead of the release of official data for September, charting a fourth straight day of gains and finishing the week stronger after two consecutive weeks of decline.
SAN FRANCISCO: Herbalife Ltd shares jumped 11 percent on Friday to their highest since 2014 after the company said it was buying back about 7 percent of its stock, a potential blow to activist investor Bill Ackman, who has bet against the dietary supplements seller.
STATISTICALLY, 54% of Malaysian women are working which means your wife, girlfriend, sister or daughter is making her own money.
AUSTIN, Texas/NEW YORK: Chocking up employment losses last month to the temporary hit of a severe hurricane season and reiterating expectations that inflation will strengthen, Federal Reserve policymakers on Friday signaled they continue to see gradual U.S. interest-rate hikes ahead.
WASHINGTON: The US Commerce Department has notched up proposed trade duties on Bombardier Inc CSeries jets to nearly 300%, affirming Boeing Co’s complaint that the Canadian company received illegal subsidies and dumped the planes at “absurdly low” prices.
OVERVIEW USD rises to two-month high as wage growth unexpectedly jumps. CAD also supported by faster wage growth and employment growth. GBP weak as former Conservative party chair goes public with a plan to oust PM May. AUD weakens as RBA member unexpectedly talks about rate cuts and weak retail sales. HIGHLIGHT
The dollar popped higher following the negative NFP print of the September jobs report, though hurricane disruptions were widely anticipated to impact. Upbeat details, such as a surge in hourly earnings, a bump up in the participation rate, and a drop in the unemployment rate to a trend low 4.2% came to the greenback’s aid. […]