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Experts say higher commodity prices a plus for the economy
Bitcoin steadied after earlier slumping below US$30,000 (RM121,275) on Friday in a retreat that stoked fresh questions about the sustainability of the cryptocurrency boom.
NEW YORK: JPMorgan Chase & Co Chief Executive Officer Jamie Dimon (pic) will not get a raise in his annual pay and will receive US$31.5 million for his work in 2020, the bank said on Thursday.
PETALING JAYA: Mechanical and electrical engineering services company Bintai Kinden Corp Bhd plans to make a comeback to the property development business.
PETALING JAYA: UOA Real Estate Investment Trust (REIT) returned to the black, with a net profit of RM7.55mil in the fourth quarter (Q4) ended Dec 31,2020, compared to a net loss of RM9.81mil a year earlier.
PETALING JAYA: Banks are expected to have a better net interest margin (NIM) outlook in 2021, following the decision by Bank Negara to keep the overnight policy rate (OPR) unchanged.
THE historically eye-popping equity valuations emerging from the pandemic clearly unnerve company analysts – but the macro market take on pricey stock movements appears far more zen.
THE role of independent non-executive directors (INEDs) came to light recently when BlackRock Inc – the world’s biggest asset manager with US$7.81 trillion in assets under management – queried Top Glove Corp Bhd’s handling of a Covid-19 outbreak while voting against the re-election of six independent directors at its recent AGM