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Surging shipping rates pose new headwind for global economy
SHOCKS to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020.
Online artisan bazaar gets funded
LOCAL lifestyle social commerce platform Poptron has received US$1mil (RM4.04mil) in funding from a Nasdaq-listed company, which will prep it for regional expansion in the first quarter of this year.
At-home shoppers drive record online sales
WITH sparse crowds and none of the stampedes of holidays past, some retail watchers started to refer to Black Friday as Blasé Friday -- and that was even before the virus hit.
London stocks retreat as recovery hopes dim
BENGALURU: London-listed stocks headed lower on Thursday as a plunge in Japanese exports dulled optimism around a speedy recovery from a coronavirus-induced economic slump, with investors also sifting through another mixed bag of quarterly earnings reports.
Shopee: New normal in world of retailing here to stay
KUALA LUMPUR: Over 32 million Malaysians are affected by the movement control order (MCO) introduced on March 18 to control the spread of Covid-19.
Dealmakers get creative as Covid-19 spreads
NEW YORK: As the coronavirus roils markets, dealmakers are pulling out all their tricks to get transactions done.
Demand rising for feline care products
WEARING hanfu, the traditional clothing of the Han ethnic group, is no longer a fashion trend among China’s young generation.
What you can learn from startup failures
Comment - Pankaj C. Kumar FOR those involved in startups investing, CB Insights is a market intelligence platform that basically tracks all private investments in the tech space, deal making, fund raising exercises and of course, the all-important news flows within the startup space for stakeholders to keep track of what is the next trend in the market.
Gen Z turns to socialismto change the world
AS we move deeper into the 21st century, a new generation has emerged today to take over. It’s Generation Z, which includes persons born between 1995 and 2002 – also termed iGen by US psychologist Jean Marie Twenge, author of the bestselling: “iGen: Why Today’s Super-Connected Kids Are Growing Up Less Rebellious, More Tolerant, Less Happy – and Completely Unprepared for Adulthood – and What That Means for the Rest of Us.”
