KUALA LUMPUR (April 14): What characterises spring/summer fashion are airy, lightweight fabrics and clothes cut for comfort and ease of movement. The latest issue of Options’ takes this a step further with uplifting looks inspired by the Olympics, to be held in Paris, the style and fashion capital of the world, from July 26 to Aug 11.

Uplifting looks

One of the greatest rugby players in history, Dan Carter is a bona fide legend, having played for close to two decades, racking up over 100 Test matches for New Zealand, winning two Rugby World Cups, and being crowned top international points scorer in Test Rugby with a tally of 1,598 points and most-capped All Blacks fly-half of all time in the process.

Perfect 10

Drawing from Vicenza’s rich heritage and jewellery savoir-faire, Umberto Cazzola opened a goldsmith’s workshop with about 20 employees in 1929. He relied on his innovative and pioneering approach to propel his enterprise forward.

Mix + mesh

Her Excellency Datuk Chitra Devi Ramiah, Malaysia’s ambassador to Poland and Lithuania, originally harboured dreams of becoming an accountant. In our cover story this week, the accidental civil servant talks about her eclectic career path and how diplomacy eventually became her calling.

Woman of the world

Golden Screen Cinemas (GSC) was founded in 1987 through a joint venture between Hong Kong’s Golden Harvest and Malaysian conglomerate PPB Group, with the aim of taking over the leases of Shaw Brothers. The trajectory for future development was firmly established in 1999, when GSC opened in Mid Valley Megamall during a recession.

Running the show

Martell has always been defined by its audacity to create new expressions and ways to enjoy cognac. In Options’ cover story this week, chairman and CEO of Martell Mumm Perrier-Jouët César Giron explains the new and limited Asia-only Martell Single Cru collection, which will soon be released as part of the French cognac house’s 130th anniversary Malaysian celebrations.

In high spirits

It is common sense (and basic maths) that women, on average, constitute at least half the world’s population at any given point in time. And yet, it is equally clear that the playing field is still not level: in terms of wages, opportunities, and access to resources. In this issue, we honour 49 incredible Malaysians — as a nod to International Women’s Day, first marked by the United Nations in 1975 — who champion inclusion and drive gender equality through economic empowerment to create a more equitable future.

International Women’s Day special

Walk down any street in Paris and you will see them: Women who epitomise chic, fun and style. They are authentic, energetic and know what it takes to look good. The same can all be said for French fashion brand Longchamp, founded by Jean Cassegrain in 1948. Now helmed by his grandson who shares the same name, it has a full range of leather goods, accessories, clothing, shoes and eyewear.

Of leather, flesh and blood

KUALA LUMPUR (Feb 18): In this Health + Wellness special issue, Options meets Erica Lam, CEO of Pantai Hospital Kuala Lumpur (PHKL), the flagship of IHH Healthcare Bhd. Lam looks back on its journey, highs and lows — especially during the Covid pandemic — and how setbacks become opportunities to improve. PHKL has grown from a small private facility into a tertiary hospital with 380 beds, eight operating rooms and more than 120 clinics.

A legacy of care

Habib group executive chairman Datuk Seri Meer Habib may be one of the most successful jewellers in the country, but his journey has not always been smooth sailing. The passionate jeweller laments the constant battle of securing prime spots at shopping malls. “This has been somewhat disappointing, reflecting the broader issue of local companies often struggling to gain respect and get the favourable locations they rightfully deserve. It appears that regardless of the quality of a brand, international labels tend to be favoured and are given better visibility. This has been my struggle from the beginning and continues to be a hurdle even today.” While he’s continuing his good fight and expanding his empire, he hopes his children — Mirzan, Marissa and Mirsham — will continue to pursue their passions.

Golden rules

KUALA LUMPUR (Feb 4): In the Options cover story this week, the ambassador of Brazil to Malaysia and Brunei Darussalam, Ary Norton de Murat Quintella, pays tribute to fellow countryman Roberto Burle Marx, arguably the greatest landscape architect in modern history, in a new self-published book titled A Brazilian in Kuala Lumpur.

East of Eden

In our cover story this week, meet Rome-based Malaysian HH Lim, who reached for the freedom art promises with a daring born of rebellion, sincerity and a depth to ideas that many called crazy initially.

Soul rebel

KUALA LUMPUR (Jan 21): Bernard R Fleury, the CEO of Edouard Koehn, successfully acquired the watch company in 2015 and breathed new life into it by 2020. Navigating the challenges faced by the 133-year-old brand, he has somehow found a formula to captivate a diverse audience by rolling out watches that appeal to both young collectors and seasoned connoisseurs. Drawing on his experience in revitalising the Vulcain brand during his tenure as its former CEO, where he achieved unprecedented success, Fleury leverages this expertise to build Edouard Koehn’s portfolio, clout and connections. Alongside his two children, Axel and Allissia, they methodically contribute to the brand’s growth.

Horological renaissance

Michael Fischbacher, chief executive officer of the 205-year-old Christian Fischbacher, was in Kuala Lumpur last year to celebrate the luxury Swiss interior fabrics brand’s collaboration with Malaysian artist Rebecca Duckett-Wilkinson. The company brought out a capsule collection of curtains, upholstery and rugs featuring patterns taken from paintings Rebecca did during the Covid lockdown in her country house in Italy.

Timeless threads

Alphabet Inc’s Google has put more than two dozen employees on immediate administrative leave after they were involved in protests against Project Nimbus, a US$1.2 billion (RM5.7 billion) joint contract with Amazon.com Inc to provide the Israeli government with AI and cloud services.

Google suspends workers protesting US$1.2b Israeli contract   

Business confidence at big Japanese manufacturers and services sector firms slid in April from the prior month, dragged down by cost-of-living pressures and shaky economic conditions in major market China, a Reuters monthly poll showed.

Japan firms' business mood slips as weak yen squeezes households

Australian employment unexpectedly fell in March and the jobless rate rose, unwinding some of the huge upside surprise of the prior month and reflecting restrictive settings of monetary policy.

Australian employment drops, sending jobless rate up to 3.8%

Asian stocks crept higher in a mixed session on Thursday, while the dollar took a breather and bond markets steadied as investors stepped back to assess the interest rate outlook.

Asian stocks mixed as soaring dollar pauses

Shares of PIE Industrial Bhd extended its rally to a new all-time high on Thursday, after Kenanga Investment Bank flagged that the electronic services firm has secured a new client that will take up the entirety of its largest facility.

PIE Industrial extends rally to new all-time high as Kenanga flags new client

Bursa Malaysia opened slightly lower on Thursday but moved up thereafter.

Bursa turns positive in early trade after opening lower

Research analysts covering IGB Real Estate Investment Trust (IGB REIT) remained sanguine on the stock’s prospects after it reported a 4.79% jump in its net property income (NPI) for the first quarter ended March 31, 2024 (1QFY2024) to RM124.24 million, from RM118.55 million a year earlier, thanks largely to higher rental income.

Analysts remain sanguine on IGB REIT’s prospects going forward

Indonesia's economy was primed for monetary easing later this year, but an unwelcome plunge in its currency is complicating matters for Bank Indonesia and could force it to grudgingly raise rates as early as next week.

Indonesia's plunging rupiah twists the policy plot

The ringgit extended Wednesday’s gains to open higher against the US dollar on Thursday as the greenback retreated from multi-month highs after a pullback in US Treasury yields, said an analyst.

Ringgit extends gains against US dollar at opening

Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.

Google lays off employees, shifts some roles abroad amid cost cuts

KUALA LUMPUR (April 17): Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday:

IGB Real Estate Investment Trust (IGB REIT) reported a 4.79% jump in its net property income (NPI) for the first quarter ended March 31...

IGB REIT, Affin Bank, Keyfield International, HeiTech Padu, Reservoir Link, LBS Bina, Menang, Excel Force and MFM

Shares of PIE Industrial Bhd extended its rally to a new all-time high on Thursday, after Kenanga Investment Bank flagged that the electronic services firm has secured a new client that will take up the entirety of its largest facility.

The Unity Government Leadership Consultative Council meeting agreed that the government must act firmly and not compromise against extreme actions that can jeopardise the country’s stability.

Unity Government Secretariat chief Dr Asyraf Wajdi Dusuki said the matter was decided at Wednesday’s Unity Government Leadership Consultative Council meeting at Seri Perdana, Putrajaya.

Unity Govt meeting: No compromise on extreme actions that can jeopardise country’s stability

President Joe Biden called China “xenophobic” while highlighting the Asian nation’s economic woes, as he sought to make the case for US economic strength during a campaign stop in the swing state of Pennsylvania.

Biden calls China ‘xenophobic’, ramping up 2024 campaign rhetoric

Asian stocks crept higher in a mixed session on Thursday, while the dollar took a breather and bond markets steadied as investors stepped back to assess the interest rate outlook.

Sabah has lost an experienced and exceptional leader with the passing of Parti Bersatu Rakyat Sabah (PBRS) founder Tan Sri Joseph Kurup, says Chief Minister Datuk Seri Hajiji Noor.

Expressing sympathy and condolences to the late leader's family, Hajiji said he had worked alongside Joseph as an assistant minister in the Sabah Ministry of Industrial Development in 1994, earning a deep respect for the veteran Sabah leader.

Sabah lost an exceptional leader with Joseph Kurup's passing — Hajiji

The stock market saw its longest losing streak since January as a handful of big techs sold off — despite a slide in bond yields.

S&P 500 suffers its longest slide since January

Alphabet-owned Google&nbsp;is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.

Hong Leong Investment Bank (HLIB) research said Cloudpoint Technology Bhd is well positioned to capitalise the burgeoning demand for cyber security solutions post-passage of the cyber security bill which was passed in Dewan Rakyat on April 3.

HLIB: Cloudpoint well positioned to capitalise burgeoning demand for cyber security solutions

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, owing to weakness in the soybean oil futures on the Chicago Board of Trade and lower crude oil prices.

Palm oil trader David Ng told Bernama that the weaker market sentiment, however, was limited by the expectation of a stronger demand in the coming weeks.

CPO futures ends lower amid weaker soybean oil futures, oil prices

Prime Minister Datuk Seri Anwar Ibrahim has expressed his condolences to Deputy Minister of Agriculture and Food Securities Datuk Arthur Joseph Kurup and his family on the demise of his father, Tan Sri Joseph Kurup on Wednesday.

PM extends condolences to family of Joseph Kurup

Federal Reserve Bank of Cleveland president Loretta Mester said monetary policy is in a good place, adding that the central bank shouldn’t be in a hurry to cut interest rates.

Mester says US Fed can hold rates steady, not in a hurry to cut

A woman brought a 68-year-old man in a wheelchair into a bank branch and tried to get him to sign for a loan, but he had been dead for hours, Brazilian police said on Wednesday.

Erika Vieira Nunes wheeled the cadaver into the bank in a Rio suburb on Tuesday and told the teller the man wanted a loan for 17,000 reais (US$3,250), security camera video showed.

Woman wheels corpse into Brazil bank to sign for loan

Asian central banks’ need for assertive defense of their currencies is driving traders to turn less dovish on monetary policies in the region.

Slower US Fed pivot weakens rate-cut bets across emerging Asia

United Airlines will receive compensation from planemaker Boeing for financial damages incurred in the first quarter due to the grounding of 737 MAX 9 aircraft, the carrier said on Wednesday.

United Airlines says Boeing to compensate for damages caused by MAX 9 grounding

Asian countries probably don't want it and they certainly didn't cause it, but a 'beggar thy neighbour' wave of exchange rate depreciation may be about to hit the continent.

If not a full-blown currency war, then a series of skirmishes is looming as policymakers grapple with a resurgent US dollar, a fragmented G10 central bank policy path, and a staggering slump in the Japanese yen which appears to have Tokyo's tacit approval.

Asia braces for unwanted, but unavoidable FX battle

Research analysts covering IGB Real Estate Investment Trust (IGB REIT) remained sanguine on the stock’s prospects after it reported a 4.79% jump in its net property income (NPI) for the first quarter ended March 31, 2024 (1QFY2024) to RM124.24 million, from RM118.55 million a year earlier, thanks largely to higher rental income.

RHB Retail Research said Marine &amp; General Bhd is set for an uptrend reversal after undergoing a bullish breakout above the 28 sen resistance on Wednesday, on strong trading volume.

Marine & General set for uptrend reversal, says RHB Retail Research 

Federal jurors in New York heard sharply contrasting arguments on whether a trader manipulated the Mango Markets cryptocurrency exchange to steal US$110 million (RM527.1 million) or executed a perfectly legal strategy that was permissible under the rules of the platform. &nbsp;

Crypto trader’s US$110m manipulation case now with jury

Indonesia's economy was primed for monetary easing later this year, but an unwelcome plunge in its currency is complicating matters for Bank Indonesia and could force it to grudgingly raise rates as early as next week.

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