emico

 
 

Margins in focus as results drive big swings in European stocks

LONDON, Feb 23 ― Europe's main share benchmarks rose marginally yesterday but company results including Sweden's Elekta and France's Sopra Steria drove big swings in stocks as investors awaited news from crucial US-China trade talks. The STOXX 600…


Trump says he's inclined to extend China trade deadline and meet Xi soon

WASHINGTON, Feb 23 ― President Donald Trump said yesterday there was “a very good chance” the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 tariff deadline and meet soon with…


US and China haggle over toughest issues in trade war talks

WASHINGTON: Top US and Chinese trade negotiators haggled on Thursday over the details of a set of agreements aimed at ending their trade war, just one week before a Washington-imposed deadline for a deal expires and triggers higher US tariffs. Reuters reported exclusively on Wednesday that the two sides are starting to sketch out an […]


US, China haggle over toughest issues in trade war talks

WASHINGTON, Feb 22 — Top US and Chinese trade negotiators haggled yesterday over the details of a set of agreements aimed at ending their trade war, just one week before a Washington-imposed deadline for a deal expires and triggers higher US…


US, China sketch outlines of deal to end trade war, say sources

WASHINGTON, Feb 22 — The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war, according to sources…


SAM Engineering and Equipment sees aerospace sector growing

SEBERANG PERAI, Feb 21 — SAM Engineering and Equipment (M) Bhd (SAMEE) sees strong prospects for the aerospace industry that is expanding its footprint here with the launch of its new plant in Penang Science Park here today. SAMEE chief executive…


Pheim Asset Management bullish on tech, semiconductor sectors

KUALA LUMPUR: Pheim Asset Management Sdn Bhd is bullish on the technology and semiconductor sectors.

This is due to the the internet, cloud and 5G advancements, said Pheim founder and chief strategist Tan Chong Koay (pix) at a press conference in conjunction with Pheim Asset Management’s 25th anniversary celebration here today.

Geographically, he said Pheim favours the Asia ex-Japan region, particularly the Asean region as it is one of the fastest growing regions in the world.

Meanwhile, Phem is aiming to deliver 8%-12% returns for its funds over the next five years.


US-China trade talks, what’s under debate

BEIJING: US and Chinese officials wrapped up days of trade talks in Beijing on Friday with plans to resume negotiations in Washington this week as the world’s top two economies try to smooth out their thorny trade dispute. US President Donald Trump said the talks were going “extremely well”, while his advisors deep in the […]


Wall St week ahead: Profit estimates may be adding in too much cost risk

NEW YORK, Feb 17 — As Wall Street braces for the first quarterly decline in earnings in nearly three years, some investors are wondering if the market is factoring in a bigger erosion in profit margins than will actually come to pass. Forecasts…


EU to keep closer eye on Chinese takeover moves

BRUSSELS: The EU took a major step towards tightening its scrutiny of foreign takeovers in strategic sectors like communications and artificial intelligence amid concern about investment by China. Under a proposal adopted by the European Parliament, EU countries would supply information on foreign investment to other members if public order or security are concerned. “We […]