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KUALA LUMPUR: Shares in Unisem (M) Bhd jumped over 10% in early trade Tuesday after reporting a more than doubled earnings in the second quarter ended June 30.
KUALA LUMPUR: Bank Maybank Indonesia Tbk’s profit after tax and minority interest (PATAMI) rose by 7% year-on-year to 809.7 billion rupiah during the first half of 2020 ended June 30 (1H2020).
KUALA LUMPUR: The ringgit is expected to benefit from firmer Asian currencies benefitting from the interest rate as well as growth differentials between the region with industrial economies, AmBank Research said.
NEW YORK: Fitch Ratings revised the outlook on the United States’ triple-A rating to negative from stable on Friday, citing eroding credit strength, including a growing deficit to finance stimulus to combat fallout from the coronavirus pandemic.
MUMBAI: Companies with high levels of debt are the latest beneficiaries of a retail investor-fueled rally in Indian stocks that’s defying the worst economic outlook in four decades.
HAS gains from the stock market help developers to pick up some sales?