foreign exchange losses

It is understood that Bank Negara Malaysia is delaying the release of its much-anticipated guidance on the economy that traditionally accompanies its annual report, owing to the ongoing movement control order (MCO) that has been extended to April 14.

SINGAPORE (May 2): CGS-CIMB Research and OCBC Investment Research have downgraded Frasers Logistics & Industrial Trust (FLT) to “hold” from “buy” with price targets of $1.21 and $1.20 respectively.