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KUALA LUMPUR: Overall market sentiment on Bursa Malaysia was steadier on Wednesday after the previous day's selloff due to the worsening coronavirus outbreak but the FBM KLCI's advance was held in check by Tenaga Nasional and IHH Healthcare.
PARIS: LVMH’s sales growth slowed at the end of 2019 after protests sapped the Hong Kong market while luxury-goods makers face another threat from the viral outbreak in China.
JAKARTA: Foreign direct investment (FDI) into Indonesia in 2019 fell short of the target, but the country's investment board chief is confident plans for regulatory changes will boost investors' interest in Southeast Asia's largest economy.
KUALA LUMPUR: Li Chunrong was hired by Chinese automaker Geely to revive the fortunes of the Proton brand in Malaysia, and it took him two years to eclipse Japanese giants Honda and Toyota. Now he plans to take the fight across Southeast Asia and beyond.
BENGALURU: Most Asian currencies firmed slightly on Wednesday, recovering from falls in the previous session, but worries over the likely economic impact from the coronavirus outbreak in China lingered.
HONG KONG: The Chinese territory of Macau has become a near-ghost town during what is typically the busiest time of year in the world's biggest casino hub, after authorities announced a raft of measures to keep visitors away and contain the new coronavirus.
CHINESE New Year this year will be all the more prosperous with Aspen Group’s amazing Aspenormous 2020 campaign for its outstanding properties nationwide.
KUALA LUMPUR: AmInvestment Research believes the coronavirus outbreak will delay but it will not derail a potential rerating of Bursa Malaysia in 2020.
HONG KONG: Almost every stock fell in Hong Kong as trading reopened Wednesday for the first time this week, with investors gauging the economic impact of the deadly coronavirus that spread over the Lunar New Year holiday.
KUALA LUMPUR: CGS-CIMB Equities Research expects a prolonged coronavirus outbreak in China as potentially impacting MPI’s profitability as Carsem’s Suzhou (CSZ) contributed 30% of the group’s revenue in FY6/19.