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PETALING JAYA: The recent RM1.47bil worth of contracts secured by Sapura Energy Bhd’s units may have sparked some optimism for the oil and gas firm since the exit of second-largest shareholder Tan Sri Mokhzani Mahathir, but this is not reflected in several research reports, as near-term headwinds still persist.
PETALING JAYA: Yinson Holdings Bhd is expected to face some earnings headwinds in the short run should the deal to buy loss-making Singapore-based liftboat operator Ezion Holdings Ltd go through, says Maybank Investment Bank Research (Maybank IB).
PETALING JAYA: The new ruling coalition Pakatan Harapan’s (PH) move to review some mega projects may create some headwinds in the construction sector in the short term, but as clarity prevails, it could benefit the sector on the whole and ease expected selling pressure on construction stocks.
KUALA LUMPUR: Public Bank Bhd, the country’s third largest bank by assets, saw its earnings rose 4.9% to RM1.229bil in the first quarter ended March 31, 2016 from RM1.171bil a year ago, due to continued growth in retail earnings against a backdrop of economic headwinds.
Last year, the global economy was supposed to start returning to normal. Interest rates would begin rising in the United States and the United Kingdom; quantitative easing would deliver increased inflation in Japan; and restored confidence in banks would enable a credit-led recovery in the eurozone. Twelve months later, normality seems as distant as ever – and economic headwinds from China are a major cause.
PROVIDENCE, R.I.: Federal Reserve Chair Janet Yellen was clearer than ever on Friday that the central bank was poised to raise interest rates this year, as the U.S. economy was set to bounce back from an early-year slump and as headwinds at home and abroad waned.
NEW YORK: EBay Inc reported solid second-quarter results on Wednesday but Chief Executive John Donahoe warned of economic "headwinds" in the second half of the year from Europe and Korea.
NEW YORK (Reuters) - IBM Corp is expected to report solid fourth quarter results on January 19 under new chief executive Virginia Rometty as investors look for news about the potential impact of the Eurozone crisis and currency headwinds in 2012.
KUALA LUMPUR: CIMB Equities Research sees headwinds for Malaysian banks in 2015 due to continuous margin contractions, a slowdown in loan growth, and an expected upturn in credit costs