Coca-Cola expects sales growth to return in 2021 as profit exceeds forecasts
BENGALURU (Feb 10): Coca-Cola Co on Wednesday forecast a return to organic revenue growth this year, after a pandemic-hammered 2020 and beat Wall Street estimates…
BENGALURU (Feb 10): Coca-Cola Co on Wednesday forecast a return to organic revenue growth this year, after a pandemic-hammered 2020 and beat Wall Street estimates…
KUALA LUMPUR (Feb 10): The Companies Commission of Malaysia (CCM) has charged NWP Holdings Bhd for its failure to obtain shareholders’ approval at its annual…
The Dollar again lost ground in Monday morning trade, with follow through selling seen after Friday’s weakness. Overbought conditions last week resulted in the two-session correction, though further downside from here is expected to be limited, as Treasury rates continue to climb, and as progress is made on the Covid vaccine front. The DXY slipped […]
The dollar has come under across-the-board pressure, which has pushed the DXY index to eight-day lows under 90.75. Tesla’s decision to park $1.5 bln in Bitcoin yesterday, which consequently surged over 20% to record highs near $50,000, seemed to spark broader declines in the U.S. currency. Also at play have been a drop from highs […]
The dollar has come under broad pressure, which has pushed the DXY index to eight-day lows near 90.50. Tesla’s parking of $1.5 bln in Bitcoin, which consequently surged over 20% to record highs near $50,000, sparked broader declines in the U.S. currency. Also at play have been a drop from highs in U.S. Treasury yields […]
MALAYSIA Airlines Bhd’s aircraft operating lessors, which are among the 40 creditors owed about RM16 billion by the airline, will vote on the national carrier’s…
KUALA LUMPUR (Feb 9): Although the 1Malaysia Development Bhd (1MDB) board was being manipulated and controlled by fugitive financier Jho Low, in the eyes of…
SEOUL (Feb 9): Watching the business news first thing is a new routine for 12-year-old South Korean Kwon Joon, as he dreams of becoming the next…
SINGAPORE (Feb 9): Despite suffering from the pandemic, Genting Singapore managed to stay in the black for the financial year 2020 (FY20) ended Dec 31,…
KUALA LUMPUR (Feb 9): The National Security Council (MKN) has agreed to allow more retail shops to operate and for dine-ins to be allowed at…
KUALA LUMPUR (Feb 9): Malaysia reported today 2,764 newly-confirmed Covid-19 infected individuals and 13 pandemic-related deaths, which brought the country’s total number of fatalities due…
KUALA LUMPUR (Feb 9): Sapura Energy Bhd has clarified that the bankruptcy filing by Seadrill Ltd’s Asian units (Seadrill Asian) did not affect its Brazil…