business

Articles, videos, and related content associated with all aspects of Business and the culture surrounding business.

$1.5 Trillion In Market Value wiped from china
China's stock market lost 10 trillion yuan roughly $1.48 trillion in market capitalization over the past two weeks. That's not a correction. That's the kind of number that gets governments personally involved, and Beijing is now doing exactly that.
By Mark Lim 4 months ago in Journal
Padini Just Had Its Best Day In Months
Padini shares jumped to a four-month high on Friday, and the reason's pretty simple: months of legal uncertainty just lifted, and investors are moving fast to price that risk back out.
By Mark Lim 4 months ago in Journal
The Debt A Migrant Worker Carries Off The Plane Isn't Just Unfair
There's a phrase in this piece that hits harder than almost anything else in it: "The man who arrived at Kuala Lumpur International Airport in debt did not create Malaysia's productivity problem. He is carrying it."
By Mark Lim 4 months ago in Journal
Big Banks Are Pulling Profits Out Of Indonesia Fast
There's a real split happening right now in how people are reading Indonesia's economy, and it's worth understanding both sides before deciding which one you believe.
By Mark Lim 4 months ago in Journal
Stripe Might Want to Acquire PayPal
In the world of digital payments, few companies have been as influential as PayPal and Stripe. PayPal, the veteran of the industry, has been a household name for decades, enabling millions of consumers and businesses to send and receive money online. Stripe, the upstart, has become the backbone of internet commerce, powering payments for some of the world's largest companies. Together, they represent two different eras of fintech, and a potential merger would bring them under one roof.
By Mark Lim 4 months ago in Journal
Bacterial Cellulose Offers Sustainable Path for High-Performance Energy Storage, Highlights Study
As energy storage technologies continue to evolve, applications from portable electronics to wearable devices and electric vehicles require systems that can charge rapidly, deliver bursts of power on demand, and withstand millions of charge-discharge cycles. Supercapacitors have emerged as an attractive complement to conventional energy storage devices because they recharge faster, deliver high power density, and offer long cycle life. Their performance, however, depends largely on the electrode materials that store and release electric charge. Driven by growing demand for high-performance, sustainable energy storage, researchers are increasingly turning to biomass-derived carbon materials as renewable alternatives to conventional electrodes.
By Mark Lim 4 months ago in Journal
Malaysia's Pension Fund Lost RM163 Million To A Startup Fraud
Malaysia's Retirement Fund, KWAP, put RM163.4 million into an Indonesian aquaculture startup called eFishery. That startup turned out to be built on deliberately manipulated financial records, and its co-founder is now serving a nine-year prison sentence for it. KWAP is now trying to claw back as much of that money as it possibly can.
By Mark Lim 4 months ago in Journal
MBSB Bank Just Put RM1 Billion On The Table For SMEs In Malaysia's Northern Corridor
MBSB Bank and the Northern Corridor Implementation Authority have just signed a memorandum of understanding that could reshape access to financing for small and medium enterprises across four Malaysian states, with up to RM1 billion in financing facilities on offer.
By Mark Lim 4 months ago in Journal
Malaysian Glove Makers Rode An Oil Price Spike To Fatter Margins Now Prices Are Coming Back Down
Kenanga Research is now saying glove prices are set to ease over the coming months after peaking back in May. Nitrile glove prices are expected to slide from around $25 per 1,000 pieces down to somewhere between $20 and $23 as things move into the third quarter. That sounds like a small, boring number shift. It's actually the tail end of a pretty interesting squeeze that just played out across the whole industry.
By Mark Lim 4 months ago in Journal
After Getting Rejected By New York And London, Shein Just Cleared A Major Hurdle In Hong Kong
Shein's IPO story has basically become a case study in how much a company's fortunes can shift in just a few years. Back in 2022, the fast-fashion giant was being valued at around $100 billion and eyeing a splashy New York listing. Now it's clearing regulatory approval in Hong Kong at a valuation that's been roughly cut in half, and even getting to this point took two failed attempts elsewhere first.
By Mark Lim 4 months ago in Journal
The KLCI Went Up Today, But Don't Let That Fool You. AI-Generated.
Malaysia's stock market did that thing where the headline number looks great, but the actual story underneath is a lot murkier.
By Mark Lim 4 months ago in Journal
Eleven Malaysian Companies Made Headlines Today
A lot happened across Corporate Malaysia today, and most of it's the kind of news that's easy to skim past without realizing what it actually signals. So here's the rundown, with a bit of context on why each one matters.
By Mark Lim 4 months ago in Journal