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KUALA LUMPUR: United Plantations Bhd expects higher palm oil prices and rising output to help the company beat last year's result in 2020.
SINGAPORE, July 27 (Reuters): Philippines shares sank more than 2% on Monday, deepening a sell-off this month, as coronavirus cases mounted and the country's central bank gave a grim economic outlook for 2020 ahead of a state of the nation address from President Rodrigo Duterte.
TOKYO: U.S. stock futures slipped and Asian shares came under pressure in early Monday trade as tit-for-tat consulate closures in China and the United States fanned worries about worsening diplomatic ties between the world's two largest economies.
WASHINGTON, July 26 (Xinhua) -- White House economic advisor Larry Kudlow said Sunday that the next round of COVID-19 relief package will include 1,200-U.S.-dollar direct payments to Americans, as a resurgence of COVID-19 cases across the country poses major risk to the economic recovery.
Automaker to report its results tomorrow
KUALA LUMPUR: International investors continued to dispose of local equities from Monday to Thursday last week but the value shrank to RM567.3mil from the RM906mil net disposed of between Monday and Friday in the preceding week.
WASHINGTON: Former US treasury secretary Larry Summers said he’s never seen a more uncertain recovery, especially if Congress doesn’t act “strongly and quickly” to continue economic stimulus to offset the coronavirus pandemic.
PETALING JAYA: The construction industry wants the government to reconsider its decision to cut down on the number of foreign workers in the sector as well as an extension to their loan moratorium, failing which they claim many may be forced to hire illegals or even shut down.