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HONG KONG: The trade war between the US and China and slowing retail sales dragged Hong Kong’s economy growth down at the end of last year, with exports showing almost “zero growth.”
PETALING JAYA: Carlsberg Brewery Malaysia Bhd is expected to continue its growth momentum, albeit at a normalised pace for the current financial year ended Dec 31, 2019 after it delivered a higher-than-expected set of results for financial year 2018, say analysts.
TOKYO/HONG KONG: Japanese share buybacks have hit a record this fiscal year and are set to maintain the booming growth as cash-rich companies bow to pressure from investors and the government to boost returns and improve governance.
HONG KONG: China’s credit growth exceeded expectations in January amid a seasonal lending surge at the start of the year.
THE market’s reaction to Eastern and Oriental Bhd’s (E&O) cash call is to be expected. At a time of increasing uncertainty, and when the property market is seeing a slowdown, a cash call by a property developer can be unnerving for shareholders.
Allocation to be spent over three years