HLIB Research retains overweight on glove makers

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.

One in four UK firms plan to fire staff if furlough ends soon

Airbus sees stable aircraft deliveries after 2020 loss

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".

Short Position - SPAC fever, Tech stocks, Covid-19

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’s biggest developer posts full-year loss

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.

S P Setia exceeds targeted sales amidst Covid-19 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.

Insight - Crucial to improve business conditions

THE extension of time to issue financial statements by companies is helpful but for those affected financially, more is required

TNB defensive earnings profile provides safe haven for investors

Relaxation of MCO, vaccination positive for market

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.

Relaxation of MCO, vaccine good for market

Corporate earnings risk reduced, says research house