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Boustead to continue to see volatile earnings

KUALA LUMPUR: Kenanga research is cutting its FY18E/FY19E earnings forecasts on Boustead Holdings Bhd and downgrading its target price from RM2.05 to RM1.50.

Coffee retail market hots up

CHINA is one of the world’s most competitive markets. Companies and entrepreneurs might argue it is only for the most battle-hardened, because any profitable business idea tends to see competitors spring up very quickly.

Brewing competition: Customers buy coffee at a Luckin Coffee outlet in Shanghai. China’s cafe culture landscape has changed markedly, with Luckin serving up a serious challenge to Starbucks. — China Daily

Investors find safety at 1,680

REVIEW: While the US Black Friday and Cyber Monday sales showed the US economy remained on a roll, offering a slight lift to global equities, there was a difficult week lying ahead for Bursa Malaysia.