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KUALA LUMPUR: The micro, small & medium enterprises sustained RM40.70b losses in 2020 due to nationwide lockdown to curb the Covid-19 pandemic, the Ministry of Entrepreneur Development and Cooperatives (MEDAC) said.
With the immunisation programme at top speed, is the economy on track for a full reopening by October?
MACAU: Macau reported lower-than-expected gaming revenue for July as border relaxations with the mainland came under question following new Covid-19 flareups in China.
TOKYO: Sony Corp raised its earnings outlook and reported a jump in first-quarter operating profit on Wednesday as pandemic-led demand boosted sales of PlayStation 5 consoles, TVs, cameras, music and movies.
TOKYO: Toyota Motor Corp has reported a record quarterly operating profit of 997.49 billion yen (US$9.15bil or RM38.64bil) as pandemic-hit sales rebounded and it weathered a global chip supply shortage better than many rivals.
NEW YORK: Shares of Robinhood Markets Inc rose more than 50% on Wednesday during a wild trading session as investors scooped up shares after its underwhelming stock market debut last week.
SHANGHAI: China shares fell on Thursday, as investors took cues from state media reports to dump online gaming companies, fertilizer producers and spirit makers, worried these sectors could be the next target of a government crackdown.
NEW YORK:Shares of Robinhood Markets Inc tumbled on Thursday, snapping a four-day winning streak, after the newly public online brokerage said early investors may sell nearly 98 million shares.
KUALA LUMPUR: The services producer price index (PPI) to measure the average changes in the prices of services charged by the local services industry in Malaysia edged up slightly in the second quarter of this year, the Statistics Department said.
WHEN the story of this era in financial markets is written, it will be said that many investors were overtaken with fanciful notions of money growing to the moon, leading them to make costly mistakes that could have been avoided with simple steps to safeguard and grow their savings.