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PETALING JAYA: While rising commodity prices pose a challenge to the food and beverage industry this year, Nestle (M) Bhd will likely see its margins somewhat protected, thanks to the company’s hedging policy.
KUALA LUMPUR: Malaysia Aviation Group (MAG) has completed its recapitalisation following the go-ahead given to MAG’s leasing entity, MAB Leasing Ltd, and the majority of MAG’s aircraft operating lessors.
CRYPTOCURRENCIES are back in vogue largely after Tesla invested US$1.5bil in Bitcoin. Since late 2020, cryptocurrencies dominated by bitcoin, have been on a wild ride.
BEIJING (Global Times): China should keep a close watch on the Indo-Pacific region and mark its red lines, Chinese experts said on Thursday (Feb 18), right before the third Quad meeting of the US, Japan, India and Australia since 2020 was held on Thursday, also the first virtual Quad meeting under the Biden administration.
A US startup selling Amazon Go-like checkout technology to retailers has raised money from investors at a US$1bil (RM4.03bil) valuation, minting a new unicorn a year into a pandemic that has helped bolster the case for automated checkout.
TOKYO: The Nikkei’s rapid ascent to a 30-year high above the 30,000 mark has stunned many analysts, but some traders say market hedging against call options at that level is the likely reason for the market’s gains.
KUALA LUMPUR: While the world is still reeling from the effects of the Covid-19 pandemic, it is imperative that Malaysian businesses actively seek opportunities for growth in the global market, especially in areas with exponential potential – such as the halal industry – that the country already has an advantage in.