5y

CGS CIMB projects 10% TIV growth on-year

Proton expected to notch higher sales of 20%, and Perodua, 13%

5y

US stocks stage partial rebound from rout

Major indices had shed more than 2% on Wednesday due to worries about pandemic and lofty valuations

5y

Malaysia’s total trade shrinks 3.6% to RM1.8 trillion

Largest trade surplus ever recorded thus far sees it widen by 26.9% to RM184.8 billion

5y

Tokyo stocks open higher, extending rallies on Wall Street

Investors focused on corporate earnings reports, says analyst

5y

Daimler beats forecasts in preliminary 2020 results

Carmaker struggling with an industry-wide shortage of semiconductors and coronavirus disruptions that ‘will probably impact the first quarter

5y

Saudi to sell more shares of energy giant Aramco

Cash will boost Public Investment Fund assets to 4 trillion riyals and create 1.8 million jobs by 2025, says crown prince 

5y

Reddit users say GameStop rocket is revenge of the masses

Social media-fuelled movement sends company’s shares soaring to a peak of US$492, costing hedge funds that bet stock would tank

5y

American Airlines reports US$8.9 billion annual loss 

However, airline’s  shares surge 80% in pre-market trading on trading revolt by amateur investors

5y

Commerzbank to cut 10,000 jobs, close 340 branches

Frankfurt-based lender says, cuts will affect one in three jobs in Germany

5y

US new home sales boom in 2020 but face weak stretch

Commerce Department estimates 811,000 new homes were sold last year, 18.8% higher than in 2019

5y

Taiwan to increase chip production after shortage hits carmakers

Changes in supply chain priorities because of pandemic hamper car production

5y

EasyJet posts nearly 90% revenue slump on virus hit

British no-frills carrier warns that Q2 capacity will be slashed

5y

Swatch plunges into loss on virus hit

Swiss watch giant sees sales drop more than 32%