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Global de-dollarisation fast underway
A global trend toward “de-dollarisation” has already begun. The last piece of “load-bearing wall” of the “US Empire State Building” has cracked, in other words
ECF platform expands into region
NASDAQ-listed GreenPro Capital Corp will be acquiring a 15% stake in local equity crowdfunding (ECF) platform operator Ata Plus.
Azmin: Action plans solidify Asean-Japan efforts in fighting virus
KUALA LUMPUR: The Asean-Japan Economic Resilience Action Plan signifies a strong commitment and solidarity between Asean and Japan in combating the Covid-19 pandemic, both on the health and economic fronts.
Analysts cautious on EMS sector
PETALING JAYA: Analysts remain cautious on the electronics manufacturing services (EMS) sector for the second half of this year (2H20) as demand for the industry’s main customers’ products may see a decline.
AmInvest Research underweight on EMS sector
KUALA LUMPUR: AmInvestment Research has an Underweight call on the Electronics Manufacturing Services (EMS) sector for 2H20 as it believes demand will still be weak for its customers’ end products.
Wall Street rises as investors watch stimulus, pandemic and earnings
NEW YORK: Wall Street's main indexes closed higher on Monday as investors bet on some of the market's most high-profile stocks ahead of earnings reports while they weighed progress in U.S. government stimulus efforts against rising U.S. COVID-19 cases.
MARC extends watch rating on PLUS sukuk
PETALING JAYA: Malaysian Rating Corp Bhd (MARC) continues to keep its “MARC Watch Developing” placement on Projek Lebuhraya Usahasama Bhd’s (PLUS) RM23.35bil sukuk musharakah programme.
MARC extends watch on PLUS’ RM23.35b Sukuk
KUALA LUMPUR: Malaysian Rating Corporation (MARC) continues to keep its “MARC Watch Developing” on Projek Lebuhraya Usahasama Bhd’s (PLUS) RM23.35bil Sukuk Musharakah programme.
