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KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research is retaining its overweight stance on glove makers as it sees demand and average selling prices (ASPs) will be driven by testing frequency and vaccine rollout using gloves.
PARIS: European planemaker Airbus restored key business targets after generating cash in the fourth quarter, but withheld a dividend as it posted a pandemic-driven loss for 2020 amid the industry's "most challenging crisis".
SPECIAL purpose acquisition companies or SPACs are all the rage in the United States stock markets. While these cash shells have existed for decades on public markets there, a revival seems to be taking place.
SINGAPORE: CapitaLand Ltd, Singapore’s largest developer, posted a record full-year loss after writing down the value of some investment properties and residential projects during the pandemic.
KUALA LUMPUR: S P Setia surpassed its targeted sales of RM3.8bil by achieving a total sales of RM3.82bil amidst the Covid-19 pandemic.
THE extension of time to issue financial statements by companies is helpful but for those affected financially, more is required
KUALA LUMPUR: The relaxation of movement control measures will be viewed positively by the market as this reduces corporate earnings risk concerns, CGS-CIMB Equities Research says.