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KUALA LUMPUR (Bernama) -- The sales of Proton cars have continued its growth trajectory towards a strong year-end finish with 11,411 units sold in November 2020 -- a growth rate of 18% year-on-year.
BANKS have faced a challenging decade, with disruptive financial technology startups and low interest rates around the world placing pressure on many of their key businesses.
KUALA LUMPUR: MIDF Research has upgraded the banking sector to positive from neutral as it expects them to benefit from the economic recovery next year despite short-term headwinds such as asset quality.
KUALA LUMPUR: KESM Industries Bhd is eyeing a gradual recovery over the near term with its utilisation rate approaching 30%, says Kenanga Research, which reiterated its "market perform" rating on the stock.
NEW YORK: Stock markets rose and safe havens such as U.S. Treasury bonds dipped Tuesday as strong factory data and signs that coronavirus vaccinations could be administered by the end of the year helped prolong a worldwide rally in risk assets even as the pandemic accelerated.
KUALA LUMPUR: The long-term potential for Islamic finance remains promising globally in a post Covid-19 environment due to its principles of inclusivity, according to Bursa Malaysia chairman Tan Sri Abdul Wahid Omar.
KUALA LUMPUR: Kenanga Research has maintained its “outperform” call on RHB Bank Bhd as the bank’s management is open to front load more provisions this year, which could help pave the way for an earnings recovery in financial year (FY) 2021.
Specialty medical glove maker bought for RM5mil