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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.
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.
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: The ringgit opened lower against the US dollar in early session today as investors stayed on the sidelines for firmer policies by the government to face global economic headwinds.
TOKYO: Japan’s efforts to hit its elusive inflation target have been hampered by slow wage growth and intensifying global trade frictions but are now also facing headwinds from plans by the country’s biggest mobile phone carrier to cut fees.
KUALA LUMPUR: AmInvestment Research maintained its hold call and lowered its fair value on Press Metal Aluminium Holdings Bhd to RM3.23 from RM3.64 previously, on the back of headwinds to earnings including escalating production cost and the weakening of the US dollar against the ringgit.