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MELBOURNE: AGL Energy, Australia’s biggest power producer, said annual profit jumped nearly a third to a billion-dollar record amid soaring prices that have brought growing political heat on the firm and its peers to slash household electricity bills.
LONDON: Mark Carney is tying the Bank of England’s next interest-rate shift to the success of Brexit negotiations.
KUALA LUMPUR: Fitch Ratings has affirmed Malaysia's long-term foreign- and local-currency issuer default ratings (IDRs) at 'A-' and 'A' respectively with Stable Outlooks
LONDON: U.S. pharmaceutical company AbbVie ABBV.N said it was reconsidering its US$55 billion (34.36 billion pounds) takeover of Shire SHP.L in the wake of U.S. government moves to curb deals designed to cut taxes, wiping as much as $13 billion off the London-listed firm's stock price.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday.
NEW YORK: As JPMorgan Chase & Co prepares to exit physical commodities trading, the spotlight is turning to the future of the two banks that have dominated Wall Street's involvement in the natural resources supply chain for 30 years.
TOKYO: The Bank of Japan kept monetary policy steady on Tuesday, standing its ground for now in the face of calls from the country's likely next prime minister to pursue unlimited easing to revive an economy widely seen in recession.
TOKYO: The Bank of Japan boosted its monetary stimulus for the second month in a row on Tuesday in response to intense political pressure for action and mounting evidence that the world's third-largest economy was on the cusp of recession.