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RISING global oil prices amidst increasing Covid-19 vaccination rates and anticipated higher world economic growth rates in 2022 are brightening the outlook for Malaysia’s oil and gas sector, say research analysts.
PETALING JAYA: The sale of IJM Corp Bhd’s entire 56.2% stake in subsidiary IJM Plantations Bhd (IJMP) to Kuala Lumpur Kepong Bhd (KLK) may lead to lower volatility in IJM’s earnings due to fluctuating crude palm oil (CPO) prices and foreign exchange gains or losses from IJMP’s foreign-denominated debts.
Tax transformation consistently overlooked despite increased focus on automation - Deloitte Malaysia
KUALA LUMPUR: Tax transformation has been consistently overlooked despite increased focus on transformation and automation taking place across the financial services industry, said Deloitte Malaysia.
BEIJING: China Evergrande Group may undergo one of the country’s biggest-ever debt restructurings, if the developer’s distressed-level bond prices are any indication.
Income of RM19mil a year anticipated
(Reuters) -Coinbase Global Inc is planning to raise about $1.5 billion through a debt offering to invest in product development and potential mergers and acquisitions, the U.S. cryptocurrency exchange said on Monday.
TOKYO: After years of shock-and-awe stimulus, the Bank of Japan is quietly rolling back radical policies introduced by its bold chief Haruhiko Kuroda and pioneering controversial new measures that blur the lines between central banking and politics.
WE’VE had “taper tantrums” and even “dovish tapers”, but the European Central Bank (ECB) may deliver a taper that’s not really a taper at all.
THE Federal Reserve (Fed) has met the historic challenge of navigating the world’s largest economy through a pandemic. But as the central bank prepares to reduce its emergency Covid stimulus, finding the next normal – for monetary policy, markets and the economy – will be its greatest test yet.