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Relaxation of MCO, vaccine good for market
Corporate earnings risk reduced, says research house
Relaxation of MCO, vaccination positive for market
KUALA LUMPUR: The relaxation of movement control measures will be viewed positively by the market as this reduces corporate earnings risk concerns, CGS-CIMB Equities Research says.
Sea predicts sales doubling as online shopping boom persists
SINGAPORE: Sea Ltd expects e-commerce revenue to double in 2021, sustaining its torrid pace of growth as South-East Asia’s most valuable company counts on regional online shopping demand to persist after the pandemic.
US$21 trillion treasuries mystery is bedeviling global markets
NEW YORK: Bond traders have been saying for years that liquidity is there in the world’s biggest bond market, except when you really need it.
Britain to ease listing rules to buttress London after Brexit
LONDON: Britain will "modernise" its listing rules to attract more high-growth and "blank cheque" SPAC company flotations to London, Finance Minister Rishi Sunak said on Tuesday.
Emissions quest lifts solar mogul’s wealth to US$4bil
HONG KONG: Rising demand for a niche material used in solar panels has sent shares of top producer GCL-Poly Energy Holdings Ltd soaring and swelled the fortune of its billionaire founder, delivering an early winner in the global push to tame greenhouse gas emissions.
Sea launches investment arm, expects e-commerce sales to double in 2021
SINGAPORE (Reuters) - Southeast Asian e-commerce and entertainment group Sea said on Tuesday it would launch an unit to manage its investments, as well as its own artificial intelligence labs.
New rules to bolster China’s trade, outbound direct investments
BEIJING: The cumulative rules of origin under the Regional Comprehensive Economic Partnership (RCEP) framework will substantially boost China’s foreign trade and outbound direct investment activities in partner countries in the next stage, according to Customs officials.
Absent guidance takes shine off Europe’s stellar earnings season
LONDON: With Europe’s results season wrapping up, the main takeaway has been not the broadest earnings beat in about 14 years, but rather a dearth of guidance from many companies on a still uncertain future.
