Will economy's fate be set by next two weeks' earnings?


NEW YORK: A long hoped for improvement in the economy appears to be manifesting itself in second-quarter U.S. earnings, but the next two weeks could be the real test.

Companies such as General Electric Co and Intel Corp have reported solid results. In addition, GE believes now is a ripe moment to spin off its private label credit card division in the hopes growing consumer demand will make it more attractive.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Miti, MARii to undertake mid-term review of NAP 2020
Magma Group proposes to undertake RCN issuance to raise up to RM100mil
Mega First earnings rise 35% to RM95.5mil in 1Q
Lagenda Properties acquire three plots of lands in Kedah for RM148.98mil
Ringgit ends lower against US dollar
Sunway to focus on core business
PETRONAS Dagangan appoints Azureen Azita Abdullah as COO
Sime Darby Property 1Q net profit more than doubles to RM123.6mil
LTKM 4Q net profit nearly doubles to RM17.8mil
Hibiscus Petroleum posts higher 3Q net profit of RM101.81mil

Others Also Read