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FEDERAL Reserve chairman Jerome Powell unveiled a new approach to setting US monetary policy, letting inflation and employment run higher in a shift that will likely keep interest rates low for years to come.
KUALA LUMPUR: Mah Sing Group Bhd recorded profit before tax of RM65.6mil on the back of revenue of RM669.8mil in the first half ended June 30,2020.
JAPAN has steadily churned through its share of premiers in the decades since World War II – one stint was little more than two months.
PETALING JAYA: IHH Healthcare Bhd expects continued impact from the Covid-19 pandemic for the rest of 2020, especially if there are further outbreaks and renewed lockdowns.
KUALA LUMPUR: KPJ Healthcare Bhd registered a 69.74% slide in net profit to RM12.66mil in the second quarter ended June 30, 2020, as compared to RM41.83mil in the previous corresponding quarter due to business disruption from the movement control order.
KUALA LUMPUR: BIMB Holdings Bhd's net profit for the second quarter ended June 30, 2020, slipped 21.6% to RM153.03mil from RM195.16mil in the same quarter last year with lower contributions from its banking and takaful businesses.
KUALA LUMPUR: Kerjaya Prospek Group Bhd posted a weaker set of results in the second quarter ended June 30,2020 as its revenue and earnings were impacted by the halt in its operations due to the Movement Control Order (MCO).
NEW YORK: A gauge of global equity markets jumped to an all-time peak on Wednesday, after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the Federal Reserve possibly sets a new course on inflation.