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Public-listed group’s subsidiary HS Bio Supplies partners with eMedAsia
AMSTERDAM: Philips said the U.S. Department of Health had cancelled most of an order for 43,000 ventilators, leading the Dutch medical equipment maker to cut its 2020 earnings outlook.
PETALING JAYA: IHH Healthcare Bhd expects continued impact from the Covid-19 pandemic for the rest of 2020, especially if there are further outbreaks and renewed lockdowns.
NEW YORK: Oil prices steadied on Wednesday, pressured by worries about the demand outlook during the coronavirus pandemic but buoyed as U.S. producers shut output in the Gulf of Mexico ahead of Hurricane Laura.
SINGAPORE: Brent crude oil prices rose on Wednesday, lifted by U.S. producers shutting most of their offshore output in the Gulf of Mexico ahead of Hurricane Laura and optimism over China-U.S. trade talks.
KUALA LUMPUR: The recent progress in developing a vaccine for the coronavirus is posing a threat to the meteoric rise of Malaysian glove-maker stocks, one of the hottest sectors in Asia amid the pandemic.
NEW YORK: The S&P 500 and the Nasdaq reached new record closing highs on Monday as optimism over potential medical advances in the war against the coronavirus pandemic pushed all three major U.S. stock indexes higher.
TOKYO: The dollar steadied against major currencies yesterday, as traders looked to more data for a gauge on the health of the global economy and the Federal Reserve’s (Fed) annual Jackson Hole retreat for guidance on the outlook for United States monetary policy.
KUALA LUMPUR: Bursa started Monday on a steady note with buying interest still focused on Top Glove and Supermax as investors expect supernormal earnings from glove makers due the strong demand while the Covid-19 pandemic has not shown signs of slowing down.