5y

Heathrow airport dives into £2 bil annual loss

The loss reflects 73% plunge in passenger numbers, says British airline hub

5y

French hotel giant Accor plunges into red on virus hit

Hotel giant says sales down some 60% at €1.6 billion, leading to net loss of just under €2 billion

5y

Lloyds bank says 2020 profit slumps to £865 mil

Near 65% decline follows ‘significant’ economic fallout from pandemic, says lender

5y

MIDF Research maintains 2021 inflation forecast at 1.8%

Inflationary pressure largely muted last year due to weak demand and government rebates through electricity discount bills, says research house

5y

Suzuki Japan chairman to step down

91-year-old will leave the post after a shareholder meeting in June and become an adviser

5y

Bursa ends lower as inoculation drive boosts selling in glove counters

Losers thump gainers 995 to 332, while 404 counters unchanged, 467 untraded, 15 suspended

5y

Telekom’s 2020 net profit surges to RM1.02 bil

Firm cites Streamyx price adjustments, pandemic for declining revenues, but says profits remain high thanks to lower tax charges

5y

Economic recovery on track with roll-out of vaccination programme: Tengku Zafrul

Many sectors awaiting border reopening not only in the country but also abroad, says finance minister

5y

Tokyo's Nikkei ends sharply lower

Index hit by fears that a strong recovery in the global economy will fan inflation

5y

Malaysia’s annual growth to suffer from MCO 2.0: Moody’s

Restrictions in key economic areas risks causing slowdown, but not expected to push country into recession

5y

Healthier economic outlook expected in coming months, says Stats Dept

Positive vibes in line with forecasts by local and international agencies that expect a better economic condition this year, says chief statistician

5y

Unemployment to fall to between 3.5% and 4.0% this year: research house

The drop will be driven especially by government’s initiatives under Budget 2021, says Public Investment Bank.

5y

M’sia-Japan ties strategic and precious: ambassador

Land of the Rising Sun now expanding from traditional focus on electrical and electronics to highly-value added manufacturing and service sectors, says diplomat