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Eurozone bond yields up, ECB policymakers upbeat on inflation

LONDON: Borrowing costs in eurozone crept up yesterday, pushing off multi-week lows after upbeat comments on the euro zone inflation outlook from three European Central Bank (ECB) policy makers at the weekend.

Analyst Reports

Upbeat outlook for Eonmetall, FV 92 sen

KUALA LUMPUR: AmInvestment Research is upbeat on the outlook for Eonmetall with a fair value of 92 sen, which is 23 sen above its last traded price of 69 sen.


CIMB Research upbeat on Dagang NeXchange outlook

KUALA LUMPUR: CIMB Equities Research is upbeat on Dagang NeXchange’s (DNeX) outlook for FY18, driven by potential new earnings from Genaxis and projected stronger earnings delivery by OGPC and Ping Petroleum.


Japan cautious while South Korea upbeat after North Korea talks in Tokyo

TOKYO (Reuters) - Differences between Japan and South Korea on how to handle North Korea emerged on Tuesday with South Korea upbeat on prospects but a more cautious Japan demanding that North Korea account for Japanese people it says North Korea abducted decades ago.


Cisco forecasts upbeat current-quarter profit

BENGALURU: Cisco Systems Inc reported its first rise in quarterly revenue in more than two years and forecast upbeat current-quarter profit, as the network gear maker’s years-long efforts to transform into a software-focused company begins to pay off.


MIDF upbeat on MBSB outlook after strong FY17 earnings

KUALA LUMPUR: MIDF Equities Research is upbeat on Malaysia Building Society Bhd (MBSB) after its FY17 net profit of RM417.1mil were above expectations.

Analyst Reports

CIMB Research more upbeat on MRCB’s prospects

KUALA LUMPUR: CIMB Equities Research is more upbeat on Malaysian Resources Corporation Bhd’s (MRCB) infrastructure and highway divestment prospects in 2018.


PetDag upbeat on LPG market

KUALA LUMPUR: Petronas Dagangan Bhd, which aims to maintain its market leadership position in the liquefied petroleum gas (LPG) market in Malaysia, is upbeat on the sector’s outlook given the country’s growing population.


UEM Sunrise still upbeat on retail property

KUALA LUMPUR: Property developer UEM Sunrise Bhd remains upbeat on its retail space performance amid concerns of oversupply of retail property units, particularly in the Klang Valley.


Upbeat outlook seen for downstream oil and gas

PETALING JAYA: While equity analysts remain bearish on the oil and gas (O&G) sector, they are more upbeat about the prospects of downstream companies. One reason is that the plunge in crude oil prices benefit downstream players as it lowers the cost of their raw materials.