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WASHINGTON: U.S. employers hired the fewest number of workers in eight months in August and more Americans gave up the hunt for jobs, providing a cautious Federal Reserve with more reasons to wait longer before raising interest rates.
KUALA LUMPUR: Datuk Seri Najib Tun Razak, who unveiled the RM271.94bil Federal Budget on Friday, emphasised the strategic initiatives will include the capital economy and the people’s economy.
AS I write this column, my thoughts go out to a former colleague who has suffered from a stroke. A diligent financial journalist who picked up the nose for news in corporate developments when he was hardly 18 year of age, he had worked his way to a senior position in a publication even before he was 40 years old.
I AM not exaggerating when I say we have a palm oil problem.
HONG KONG: China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than US$2bil in its debut fund, giving the private equity firm more firepower to cut deals involving the world’s second largest economy.