Observers say long-term outlook is positive but first few months of 2021 could be painful

US technology stalwart reports net income of US$15.5 bil in Q4 2020, a 33% jump from 2019

It will supply 12 million doses of China-made Sinovac vaccine to MOH by April

Local currency trades at 4.0400/0450 against the greenback

FBM KLCI rises 16.10 points to 1,591.41 from 1,575.31 at yesterday’s close

Factory able to produce 50,000 tonnes of copper foil per annum

Move comes as big tech faces increasing scrutiny around the globe, including in the United States

This due to India re-exporting produce after recovering from floods, says minister

Swiss pharma giant says ‘excellent’ figures follow restructuring that saw it separate from its Alcon business

Net profit rises 54%, boosted by its wealth management and investment divisions

The rate for the three months until the end of November compares with 4.9% in the quarter to October

Local note also mixed against other major currencies

AISB will undertake subgrade works in Package 3, Section 4 of rail project