5y

US stocks, dollar pull back as Fed stays dovish

Greenback falls against major currencies as analyst say Fed’s stance could hinder short-term rally

5y

Huawei’s Q1 revenue takes hit from US sanctions

152.2 billion yuan recorded is a fall of 16.5% on-year

5y

Westports Q1 net profit rises to RM208.32 mil

Revenue also up to RM508.16 million from RM473.47 million previously, says largest listed port operator

5y

Ho Wah Genting Bhd announces strategic moves in electric vehicle development

Company enters separate memoranda of understanding with three Chinese auto companies

5y

Honda recalls another 77,708 units for fuel pump replacement

Company says it’s a precautionary measure, model with most affected units is City at 30,388

5y

Japan’s Parliament approves world’s largest trade deal

Agreement is expected to enter into force by the end of this year

5y

Microsoft logs 44% jump in quarterly profits to US$15.5 bil

Firm focuses on services for enterprises in internet cloud, which has become even more critical during Covid-19 pandemic

5y

Air passenger traffic set to contract this year: Mavcom

Covid-19 resurgence and reimplementation of MCO is expected to impact air travel demand

5y

Producer price index sees biggest hike since Aug 2017: Stats Dept

It jumps 6.7% in March, with growth driven by increase in mining index

5y

ADB ups developing Asia’s growth forecast on Covid-19 jabs, export demand

China, India expected to lead rebound; coup-hit Myanmar, meanwhile, likely to contract 9.8%

5y

Malaysia’s March 2021 total trade expands to highest monthly value

Trade surplus surges 96.1% as March exports surpass RM100 bil mark on rising demand for semiconductors, rubber

5y

M’sian GDP to rebound to 6% in 2021, stabilise at 5.7% next year: ADB

Recovering consumer, capital spending set to revive domestic activity; pick-up in global demand should boost exports, foreign investment

5y

Bursa, ringgit open lower

FBM KLCI slips 7.23 points; local note trades at 4.0990/1030 against greenback