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Nation of pessimists no more: French more optimistic under Macron: poll
PARIS (Reuters) - The French have become more optimistic about the future that at any time in the past eight years, a survey showed on Tuesday, belying their reputation as a nation of pessimists.
Bitcoin extends drop as investors pare wagers
HOUSTON: Bitcoin, the biggest cryptocurrency, extended its decline over the long holiday weekend, failing to reverse a sell-off that began after an unprecedented rally fell short of breaching US$20,000.
Better outlook for DRB-Hicom
PETALING JAYA: Ongoing works to revive Proton Holdings Bhd are expected to improve the outlook for DRB-Hicom Bhd which owns a 50.1% stake in the national car manufacturer.
Protasco sees better outlook on road maintenance, construction jobs
While declining earnings and a lagging share price have been holding Protasco Bhd back, the construction outfit does seem to have a brighter outlook.
Better outlook seen for green sukuk
KUALA LUMPUR: Green sukuk in Malaysia is expected to have a better outlook in the near term with the support from Bank Negara and Securities Commission, says Cagamas Bhd chief executive officer Datuk Chung Chee Leong.
Global trade ‘rebounds strongly’ in first half of 2017 - WTO
GENEVA: The World Trade Organisation (WTO) on Thursday boosted its forecast for global trade growth in 2017 as commerce rebounded strongly, but cautioned that major threats could still derail the positive trajectory.
Prospects remain dim for Malakoff
Malakoff Corp Bhd shares may have rebounded from their lows in recent weeks, but meaningful gains for the counter will likely be capped over the medium term by the company’s lacklustre growth prospects.
Weak consumer sentiment despite improved economy
The alternative view - By M. Shanmugam
THE Malaysian economy grew 5.8% in the second quarter, which is the fastest since the period between January and March 2015. For the whole year, the economy is expected to surpass 5% in growth, much better than what had been predicted early this year.
On the cards: Revenue surge for China’s Tencent from popular fantasy game
With as many active players as the population of Germany, the Honour of Kings mobile game will likely help boost Tencent's quarterly revenue by about 50%, shrugging off play-time curbs imposed by the firm to address addiction woes.
