BUSINESS & FINANCE

BUSINESS & FINANCE

BUSINESS & FINANCE

• Founder of Pang Dong Lai to retire after Lunar New Year

  (Xuchang, Feb 12) — Yu Donglai, founder and chairman of the well-known Chinese retail chain Pangdong...

• Investors step aside to prepare for Lunar New Year shopping; Malaysian stocks slip 0.32%

  (Kuala Lumpur, Feb 12) — Asian markets closed mixed today, while Malaysian equities edged lower. The...

• “Severely undervalued”? A hedge fund heavyweight is holding a big stake in Meta

  (New York, Feb 12) — Pershing Square Capital Management, led by prominent hedge fund manager Bill Ac...

• Mismanagement at Nexperia? Dutch court orders investigation

  (Amsterdam, Feb 12) — A Dutch court has ordered an investigation into alleged mismanagement at chipm...

• Value-meal strategy pays off; McDonald’s results beat expectations

  (Chicago, Feb 12) — McDonald’s reported its fastest U.S. sales growth in more than two years for the...

• Spending over 39 billion, Meta steps up its AI push

  (Menlo Park / Lebanon, Indiana, Feb 12) — Meta announced on Wednesday (local time, Feb 11) that it h...

• Hong Kong tycoons see their wealth surge; the top billionaire remains a familiar name

  (Hong Kong, 12th) — U.S. financial magazine Forbes has released its 2026 Hong Kong Rich List, rankin...

• Hartamodal forms a strategic partnership with NEUON AI to enter Sarawak’s startup ecosystem

  (Kuala Lumpur, Feb 12) Hartamodal, a licensed venture capital firm under Tradeview Capital, announce...