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Quick take: Genting Malaysia slides on temporary closure
KUALA LUMPUR: Shares in Genting Malaysia Bhd fell marginally as it will shut down its resort operations again.
Consumer trends in 2021
CONSUMER behaviour is shifting and causing disruption for businesses globally, more so, since the onset of the Covid-19 pandemic.
Rebound seen in corporate earnings
PETALING JAYA: Optimism over the Covid-19 vaccine developments and improving corporate earnings will continue to drive global equity markets including Malaysia in 2021, say analysts.
MCO 2.0 has less severe impact on Q1 earnings
PETALING JAYA: The corporate earnings results in the first quarter of this financial year (Q1FY21) may witness less severe impact amid the current movement control order (MCO 2.0) period with a likely single-digit contraction, say analysts.
Tencent’s US$232b rally triggers frenzy in shares, options
HONG KONG: Hong Kong’s equity traders can’t get enough of Tencent Holdings Ltd., the $930 billion giant that’s on pace for its biggest ever monthly gain.
S&P assigns BBB minus to Genting NY, outlook negative
KUALA LUMPUR: S&P Global Ratings has assigned its 'BBB-' long-term issuer credit rating to Genting New York LLC (Genny) and with a negative oulook.
Tencent shares drop after nearing US$1 trillion valuation
HONG KONG: Tencent Holdings Ltd. fell Tuesday, after a world-beating surge in the stock pushed its market value to the cusp of $1 trillion for the first time.
Genting’s New York operations to bounce back strongly
KUALA LUMPUR: Genting New York LLC (GENNY), a subsidiary of the Genting Group, is expected to see a strong recovery post-pandemic with long-term opportunities on the horizon amid the economic recovery
Microsoft earnings rise as pandemic boosts cloud computing, Xbox sales
NEW YORK: Microsoft Corp on Tuesday reported its Azure cloud computing services grew 50%, the second quarter of acceleration in a business that had begun to slow as the global pandemic benefited the software maker's investment on working and learning from home
Glove stocks expected to see volatility in near term
PETALING JAYA: Trading in glove stocks over the near-term is expected to remain volatile, as these companies will be under constant pressure to maintain the super profits they enjoyed last year.
