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SINGAPORE: Analyst confidence in Singapore Exchange Ltd (SGX) is gradually being restored after the bourse operator lost all of its buy recommendations over a month ago
KUALA LUMPUR: Malaysia is set to cut its benchmark interest rate to its lowest level on record as it seeks to support the reopening economy amid soaring unemployment and the threat of recession.
JAKARTA: The Indonesian government’s plan to sell billions of dollars of bonds to the central bank to finance a widening fiscal deficit poses no immediate threat to the nation’s credit rating, according to S&P Global Ratings.
KUALA LUMPUR: CGS-CIMB Equities Research downgrades its call for Mynews Holdings from Add to Hold, as it tempered its sales growth and margin expectations after a recent analyst briefing.
KUALA LUMPUR: Kenanga research has slashed its earnings estimate for DRB-Hicom Bhd to project a core loss for the year, after taking into account the weaker car sales.
All regions are suffering contractions
KUALA LUMPUR: The FBM KLCI partially erased some losses after slumping in early morning trade on a surge in the number of Covid-19 infections in the US and downgrades on economic projections.
WASHINGTON (Reuters) - The coronavirus pandemic is causing wider and deeper damage to economic activity than first thought, the International Monetary Fund said on Wednesday, prompting the institution to slash its 2020 global output forecasts further.
KUALA LUMPUR: AmInvestment Bank research has lowered VS Industry Bhd's fair value to 80 sen and downgraded its recommendation to "underweight" following the recent run-up in share price.
KUALA LUMPUR: Following disappointing results in the first quarter, the outlook for Pos Malaysia Bhd remains cloudy as its post offices will have to remain open while its workforce remains unionised and postal services continue to incur losses.