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Internet giant eyes Malaysian market with Green Packet for cloud-based eKYC and possibly more
SAN FRANCISCO: Cisco Systems Inc beat quarterly revenue and profit estimates on Wednesday as Covid-19 lockdowns globally boosted demand for its remote-work tools and networking equipment, sending the Dow component’s shares up nearly 3% after the bell.
OSLO: Shares in Norway's Pexip Holding soared by 54% in early trade on Thursday as the video conferencing company made its stock market debut after an initial public offering (IPO) that was more than 12 times oversubscribed.
KUALA LUMPUR: JF Apex Research expects Progressive Impact Corp Bhd (PICorp), BTM Resources Bhd, Yee Lee Corp Bhd, Mlabs Systems Bhd, SMTrack Bhd and Tasek Corp Bhd to be among the stocks to watch on Wednesday.
THE Covid-19 pandemic and movement control order (MCO) has brought about a “new normal” for the country, and it is here to stay for the foreseeable future.
SINGAPORE: With the coronavirus outbreak underlining the success of remote working arrangements, asset managers may start tapping into stay-at-home talent, according to the Investment Management Association of Singapore.
DESPITE the gloomy business outlook, parts of the technology sector are benefiting from the Covid-19 crisis due to the hurried pace of digital transformation of businesses.
KUALA LUMPUR: The government should allow offices, shops and factories to resume their operations after May 12, albeit with strict observance of health and safety precautions, said Datuk N.K. Jasani, country managing partner of Grant Thornton Malaysia PLT.
NEW YORK: The combined wealth of America's billionaires, including Amazon.com Inc founder Jeff Bezos and Tesla Inc chief Elon Musk, increased nearly 10% during the ongoing COVID-19 pandemic, according to a report published by the Institute for Policy Studies (IPS).