High hopes for recovery from virus


Apple, one of the biggest casualties of this epidemic, jolted markets when it warned of not meeting its revenue forecast, as demand for smartphones may be slashed by half in China in the first quarter.

HOPES are running high that the earnings and operations of virus-hit companies can gradually recover, on some decline, seen on certain days, in the number of new cases in China.

Despite some data mistrust on the twice-changed virus counting method, some factories are targeting to resume full operations by the end of the month.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

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

Ringgit closes stronger against US dollar on market optimism
Milux gets takeover offer at 43.2 sen per share
Steel Hawk secures subcontract for offshore services in Sarawak
Carlsberg posts 19.8% profit growth in 3Q, declares 23 sen dividend
Fahmi: Premature to reveal conditions for U Mobile’s 5G network
FBM KLCI extends loss for second day running
Malaysia palm oil futures seen around and above RM5,000 to mid-2025, Mistry says
Gold prices set for second straight weekly fall
Oil prices fall as Hurricane Rafael expected to start weakening
Maybank Islamic Asset launches MISI Fund for corporate and institutional investors

Others Also Read