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M-REITs expected to see a rebound in earnings
PETALING JAYA: Malaysian real estate investment trusts (M-REITs) are expected to see a rebound in earnings this year, as the rollout of Covid-19 vaccines helps drive economic activities.
UK retail sales recover weakly in Dec, borrowing jumps
LONDON: British retail sales bounced back weakly in December as shops in England emerged from November's four-week lockdown to slow the spread of COVID-19, while public borrowing this financial year has hit a fresh record high.
Retailers brace for stricter measures to fight pandemic
Immediate financial assistance packages being sought
UK travel, leisure and retail stocks tumble on new virus curbs
LONDON: U.K. travel, leisure and retail shares slid on Monday after several countries closed their borders with Britain due to the spread of a mutated version of the coronavirus, and the government announced new social restrictions. Stay-at-home stocks, meanwhile, got a boost.
UK retail sales rebound in May, public debt passes 100% of GDP
LONDON: British retail sales rebounded much more strongly than expected last month as the country gradually relaxed its coronavirus lockdown, but public borrowing hit a record high and debt passed 100% of economic output.
Covid-19: US retail sales at record low, factory output sinks
WASHINGTON: U.S. retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing analysts' views that the economy contracted in the first quarter at its sharpest pace in decades as extraordinary measures to control the spread of the novel coronavirus shut down the country
REITs may continue to face uncertainties
PETALING JAYA: Real estate investment trusts (REITs) are one of the casualties of the Covid-19 outbreak and have entered a period of heightened uncertainties with REIT managers feeling cautious on the outlook.
Most MREITs yet to finalise rental plans for retailers
KUALA LUMPUR: Most Malaysian REITs are yet to finalise rental plans and assistance for tenants in the retail segment given uncertainty over the duration of the movement control period (MCO) as well as consumer sentiment after shops re-open for business.
