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NEW YORK: Iron ore futures surged more than 10% and copper jumped to a record amid increasing bets they’ll be among the biggest winners from a commodities boom that’s stoking concerns about inflation around the world.
Oil rose on Monday after major US fuel pipeline operator Colonial Pipeline had to shut fuel pipelines due to a cyberattack, raising concerns about supply disruption and pump price increases.
China is expanding its far-reaching tech campaign into online education, issuing the maximum penalties to two of the country’s fastest-growing tutoring apps for violating competition and pricing laws.
Zafrul: The government will not rest until all those involved are made fully accountable for the wrongdoings caused to the country through their involvement in 1MDB and/or SRC.
KUALA LUMPUR: The High Court here was told that the 263 handbags of various brands, 27 pairs of shoes as well as 10 pieces of luxury watches seized by police from the residence of Datuk Seri Najib Razak relating to the misappropriation of 1Malaysia Development Bhd (1MDB) funds were gifts from friends and dignitaries.
(Reuters) - JPMorgan Chase has appointed James Reid as chief information officer for a new unit focused on developing and modernising technology used by the bank's 250,000 employees, an internal memo sent on Friday and seen by Reuters showed.
KUALA LUMPUR (Bernama): The High Court here was told that 263 handbags of various brands, 27 pairs of shoes as well as 10 luxury watches seized by police from the residence of Datuk Seri Najib Tun Razak relating to the misappropriation of 1Malaysia Development Berhad (1MDB) funds were gifts from friends and dignitaries.
(Bloomberg) -- Copper soared to an all-time high as optimism about a global rebound from the pandemic boosts commodities markets.
BEIJING (China Daily/ANN): China will accelerate the setting up of a modern fiscal and tax system to help safeguard fiscal support for the country's major strategic tasks and improve the well-being of the people, in a bid to bolster high-quality development, Finance Minister Liu Kun said in a published article on Thursday (May 6)).
NEW YORK: The Dow Jones Industrial Average ended at a record high on Wednesday, driven higher by energy and other economically sensitive sectors, while the Nasdaq closed in red as megacap growth stocks slipped.