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AFTER Federal Reserve chair Jerome Powell (pic) spent two days telling US lawmakers the economy is in no state to be thinking about monetary tightening, financial markets on Thursday suddenly started pricing in a rapid – and perhaps too-hot – recovery.
PETALING JAYA: The corporate earnings results in the first quarter of this financial year (Q1FY21) may witness less severe impact amid the current movement control order (MCO 2.0) period with a likely single-digit contraction, say analysts.
THE Malaysian property market, despite still navigating the shocks of the Covid-19 pandemic from last year, is expected to perform better in 2021.
AFTER a tumultuous 2020, a better outlook awaits Asian companies, on expectation of a recovery in the macro economy and corporate earnings.
MANILA: The World Bank expects Philippine economic growth to bounce back in the next two years after a worse-than-projected decline in output in 2020, as the country gradually eases coronavirus curbs to allow for more business activity.
KUALA LUMPUR: Bank Negara Malaysia expects the impact from the current conditional movement control order (CMCO) to be less severe compared to the containment measures imposed during previous periods and the country to stage a rebound next year.
KUALA LUMPUR: The outlook for shopping malls has improved and footfalls are returning to normal, said RHB Asset Management Malaysia head of equity research Petrina Chong