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KUALA LUMPUR: CGS-CIMB Equities Research reiterated its Overweight call on the tech manufacturing services sector as it still sees upside to valuations which have not fully priced in the steady recovery in sales and margins in CY20-21F.
KUALA LUMPUR: AmInvestment Bank research is anticipating another rate cut of 25bps in 2H2020 following Bank Negara's recent reduction of the the overnight policy rate.
PETALING JAYA: AirAsia Group Bhd needs about RM3bil in new funding and is said to have applied for bank loans in its respective operating countries to shore up liquidity.
SYDNEY: Asian shares scaled four-month peaks on Monday as investors counted on a revival in Chinese activity to sustain global economic growth, even as surging coronavirus cases delayed re-openings across the United States.
SYDNEY: Asian shares held near four-month highs on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery even as surging coronavirus cases delayed reopenings across the United States.
PETALING JAYA: The issuance of government bonds is expected to rise significantly although the corporate bonds market looks less promising due to slower economic activities brought on by Covid-19.
LONDON: World shares stalled near a four-month high on Friday and the industrial bellwether metal copper scuffed its longest weekly winning streak in nearly three years, as nagging coronavirus nerves tempered the recent recovery run.