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WASHINGTON: Federal Reserve officials felt their employment benchmark for decreasing support for the economy "could be reached this year," but appeared to disagree on other key aspects of where monetary policy should turn next in the transition from the pandemic crisis, according to minutes from last month's policy meeting.
PETALING JAYA: Pharmaniaga Bhd’s earnings forecast for the financial year 2020 and 2021 remains unchanged, pending further disclosure from the management on the earnings impact resulting from the fill-and-finish agreement, said MIDF Research.
NEW YORK: Tesla Inc delivered a record number of cars worldwide in the fourth quarter of 2020, but fell just shy of a goal for 500,000 units for the full year.
KUALA LUMPUR (Bernama): The Bank Rakyat’s Sukuk Wakalah programme with a nominal value of RM10bil can diversify its portfolio while increasing the regulatory ratio for the banking business’ needs.
TOKYO: Most investors in SoftBank Group Corp’s US$100bil Vision Fund want to join the group’s forthcoming second fund, and discussions with those investors will begin soon, SoftBank founder and chief executive Masayoshi Son said.
WASHINGTON: Prospects for tighter monetary policy in Europe and other countries could pose a fresh problem for the Federal Reserve when it meets next week to ponder its plan to reduce its US$4.2 trillion bond portfolio purchased after the 2008 financial crisis.