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Company seeks growth in building direct-to-consumer brands, aims to triple revenue this year
THE dollar closed the week stronger, rising 0.20% to 91.86 – hovering at a one-week high propelled by higher UST yields – jumping to its highest level in more than a year as rising optimism faster US economic recovery amid fears of higher inflationary pressure overshadowed Federal Reserve’s dovish stance.
THE Biden administration’s US$1.9 trillion (RM7.83 trillion) pandemic recovery package should, on balance, prove a boon for Europe, far outweighing the short-term market turbulence that has already cornered the European Central Bank (ECB) into printing even more money.
HANGZHOU, China/SHANGHAI: Like many others in his industry, Geely Chairman Li Shifu has been irked by skyrocketing valuations for electric car manufacturers such as Tesla Inc and Nio Inc, sources at the Chinese automaker say.
THE slightly longer lifespan of Malaysians today has recently brought about the debate of whether a higher retirement age should be pursued as an official policy.
THE US dollar was traded broadly weaker during the week reviewed, down 0.50% to 92.29 – touching the lowest level since end-August
THE dollar fell 1.61% to 92.53 – the lowest in a week – due to ongoing uncertainties over the election outcome.