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KUALA LUMPUR: Malaysia Airlines Bhd is chasing against time to come up with a strategic plan to turn around its financial performance which was further impacted by the coronavirus (Covid-19) pandemic.
KUALA LUMPUR: AirAsia Group Bhd said revenue declined 15% in the first quarter amid an increasing and unprecedented travel restrictions due to the Covid-19 pandemic.
LONDON: Britain and the European Union need to make progress on EU financial market access given that the coronavirus crisis will make it even harder to cope with potential disruption if there is no agreement, banking lobby AFME said on Monday.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a range-bound mode at between RM2,300 and RM2,350 per tonne next week ahead of the release of the palm oil industry performance for June 2020, said a dealer.
TOKYO: Foreign investors sold Japanese equities for a third straight week as risk appetite took a hit after sharp spikes in cases of the novel coronavirus around the world
KUALA LUMPUR: AmInvestment Research is maintaining its Buy recommendation on Bursa Malaysia with a revised fair value of RM8.20 a share (previously: RM6.40).
NEW YORK: Upcoming US economic data and deadlines for renewing some fiscal stimulus measures in July could prove key tests for an equities rebound that has wavered in recent weeks.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to remain weak next week on lack of catalysts, as production for August is expected to be higher, said a dealer.