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RISING global oil prices amidst increasing Covid-19 vaccination rates and anticipated higher world economic growth rates in 2022 are brightening the outlook for Malaysia’s oil and gas sector, say research analysts.
Based on the reported data by M-REITS with the financial year-end of December 2020, there are early signs of weakness among commercial properties, but not necessarily across the board.
WITH the acceleration of the nationwide vaccination programme and reopening of more economic and social sectors, a pick-up in property transactions in the near term looks promising.
(Reuters) - Proxy advisory firm Institutional Shareholder Services on Friday recommended a vote by shareholders against Zoom Video Communications Inc's $14.7 billion deal for cloud-based call center operator Five9 Inc, citing growth concerns.
The Philippine central bank on Friday revised its current account surplus projection for this year to $3.5 billion, or 0.9% of the gross domestic product, down substantially from a June forecast of $10 billion, or 2.5% of GDP.
KUALA LUMPUR: Top Glove Corporation Bhd posted a historic net profit of RM7.87bil for the financial year ended Aug 31, 2021 but its fourth quarter earnings fell to RM607.94m amid the very challenging operating environment.
KUALA LUMPUR: AmInvestment Research is maintaining its "overweight" rating on the telecommunications sector with a "buy" call for Telekom Malaysia (TM) which has shown significant cost improvements and poised under brighter prospects under the government’s MyDigital initiatives.
HONG KONG: Asian shares gave up early gains to fall again on Thursday, weighed by declines in China and Hong Kong, even after a strong lead-in from Wall Street which had also pushed the dollar to the lower end of its recent range.
LONDON: Britain’s inflation surged more than expected to the strongest pace in more than nine years, prompting investors to anticipate a sharper increase in interest rates next year.