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KUALA LUMPUR: Beverage maker Fraser & Neave Holdings Bhd posted improved revenue in the March quarter, but said higher commodity prices and shipping freight rates have impacted its profit margin.
NEW YORK: Apple Inc on Wednesday posted sales and profits far ahead of Wall Street expectations as customers upgraded to 5G iPhones but warned that a global chip shortage would cost it billions in revenue in the current quarter, hitting Macs and iPads.
SETIA ALAM: S P Setia Bhd saw positive take-up rates for its residential products as of the first quarter (Q1) of 2021.
KUALA LUMPUR: Kenanga Research is bullish on Malaysian Pacific Industries Bhd's performance in 3QFY21 and beyond due to stronger demand for copper clip-related packages used in automotives.
HANOI: Noi Bai International Airport in Hanoi is predicted to serve a record 75,000 passengers per day during the upcoming National Reunification Day (April 30) and May Day holidays.
SINGAPORE: Iron ore futures in Singapore surged on signs of robust demand from China’s steel sector, while market focus shifts to output reports from the top producers this week.
KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd is hopeful of better prospects in the second half of 2021, arising from the vaccination rollouts in Malaysia and Singapore that will help contain infections, lift market sentiment, and lead to a stronger economic recovery.
PETALING JAYA: The pricing of resin and demand for plastic and packaging products will continue to have an impact on plastic and packaging makers.
THIS week will see the release of industrial production index (IPI) figures for February and the manufacturing sales value. Unemployment rate data is also due on Thursday.