Did margot robbie skate in i tonya

Founded by aerospace engineer George Powell and seminal Z-Boys skateboarder Stacy Peralta, the Powell-Peralta brand of skateboards is still one of the biggest and most popular among riders young and old alike--an impressive feat for a company that's been around for 38 years. Read on for the story of how Powell went from sanding boards in his SoCal garage to building a thriving international business. (And check out more stories in our Built From Passion series.) Where the Idea Came From In the mid 1960s, George Powell was just another teen in Southern California building skateboards out of two-by-fours in his parents' garage. He'd ride those things "until they died," he jokes, and continued skating through college, saving up Blue Chip stamps (a customer loyalty program started in the 1960s) to exchange for new boards when he shattered the others. By 1974, Powell was building boards for his son, who one day confessed he'd seen other kids riding yellow wheels that … [Read more...] about Inside the High-Flying Empire of Powell-Peralta

Wong: One in two Australians are either born overseas or have parents who were born overseas so this is a very Australian experience. - A + A SYDNEY (June 30): Visiting the Malaysian city where she was born, Australian Foreign Minister Penny Wong said her story showed that Australia was part of Asia, as new data showed more than half of Australians were born overseas or had an immigrant parent. Wong visited Kota Kinabalu, the capital of Sabah state, where she lived for eight years as a child before migrating to Australia, as part of an official visit to Malaysia. "One in two Australians are either born overseas or have parents who were born overseas so this is a very Australian experience," she told media on her first visit to Malaysia since a Labor government won office last month. "It matters that Australia speaks to South East Asia in a way that recognises that we are part of this region and our futures are shared," she said. Results of a census conducted … [Read more...] about Australia part of Asia, minister says on visit to Malaysian birthplace

- A + A KUALA LUMPUR (June 30): Sersol Bhd is partnering Thailand’s private jet charter services provider MJets Ltd to venture into the private aviation industry. Both parties entered into a heads of agreement (HOA) to form a 50:50 joint venture (JV) company that offers aircraft charter services, ground handling services, aircraft management and bring in new fleet of private jets into Malaysia and Indonesia, Sersol said in a statement. Sersol, whose principal activities involve coatings, thinners and industrial chemicals, said the collaboration is expected to improve travel options at competitive prices. Its managing director Datuk Justin Lim believes the JV could tap into the increasing demand preference for private charters by high-net-worth individuals, especially after the pandemic, many passengers worldwide are seeking safer ways to travel without complications of being exposed to infections. “We believe the private jet charter aviation sector offers a blue … [Read more...] about Sersol venture into private jet charter services via JV with Thai MJets

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A ALL eyes are on RHB Banking Group’s newly minted group managing director (MD) and group CEO Mohd Rashid Mohamad as he steers the fourth-largest banking group by assets forward in a tough operating landscape. “It’s very challenging, especially now in a fast-changing market environment, and as we face potential risks such as geopolitical and inflationary,” acknowledges Rashid in his first exclusive interview as group MD/CEO. Competition has intensified, given new entrants into the market, which are not just new banks but also technology companies that compete for the same pie. Rashid adds that this has partly affected the profitability of the industry, along with many other factors. He notes that banks globally no longer see “high ROEs” as before. For RHB Bank Bhd, its return on equity (ROE) in the past 10 financial years hit a high of 13.4% in FY2012 before … [Read more...] about Cover Story: RHB’s Game Plan in ‘fast-changing’ new normal

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A NOT many civil servants appeared to be concerned that debt-laden 1Malaysia Development Bhd (1MDB) was already falling into the abyss in 2013, only a few years after it was established. Datuk Siti Zauyah Mohd Desa seemed to be one of the exceptions, as she had warned that Malaysia had never defaulted on a loan repayment and that even defaulting on a “low threshold” repayment of US$50 million would portray the country as bankrupt, never mind the colossal repayments needed for a US$3 billion loan that 1MDB was proposing to raise and be effectively backed by a government guarantee (GG). Now retired, the former deputy secretary-general at the Ministry of Finance (MoF) told the court last week that then prime minister Datuk Seri Najib Razak had ultimately agreed to the state-owned strategic investment company’s request for a government guarantee and that her … [Read more...] about 1MDB-Tanore Trial: Letter of comfort effectively became government guarantee despite MoF’s discomfort

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. The Malaysian government is liable for the US$3 billion debt taken on by 1MDB GIL as Najib had signed the LOS - A + A BECAUSE 1Malaysia Development Bhd (1MDB) had direct access to former prime minister and finance minister Datuk Seri Najib Razak and his staff at the Prime Minister’s Office, the Ministry of Finance (MoF) and Minister of Finance Inc (MoF Inc) were often bypassed as the state-owned strategic investment company did not think there was any need to report to the ministry even though it was owned by MoF Inc, the High Court heard last week. Testifying as the 26th prosecution witness in Najib’s trial over the misappropriation of more than RM2 billion of 1MDB funds, Datuk Siti Zauyah Mohd Desa, a former deputy secretary-general (policy) at MoF, detailed how the government — specifically her ministry — was forced into issuing a letter of support (LOS) for … [Read more...] about 1MDB-Tanore Trial: 1MDB had direct line to Najib

- A + A (June 30): It was an unusually frigid December weekend when Cheng Wei summoned his inner circle to his Beijing office. The founder of Didi Global Inc, dressed entirely in black, told his lieutenants to slash spending by a fifth in 2022 and begin layoffs after staff return from Lunar New Year vacations. He delivered his bombshell flanked by a giant Powerpoint slide that read: “Don’t live with illusions. Face reality.” “We had a tough year,” said the reserved billionaire known as Will, who that day seemed even gloomier than normal, according to people briefed on the gathering. “But next year will be even tougher.” That sombre gathering encapsulated what many in the room already suspected — the ride-hailing champion once feted for running Uber Technologies Inc out of China was no more. In its place was a defeated shell worth a fifth of its value at the peak, bleeding users, blocked from raising funds for cherished projects — and whose executives were constantly … [Read more...] about Inside Didi’s US$60b crash that changed China tech forever

- A + A (June 30): Valuations are starting to turn attractive for South Korea bonds amid signs the market has overpriced how much the most hawkish central bank in emerging Asia may raise rates. Won forward rates are pricing in about 125 basis points of hikes over the next six months, far above economists’ forecasts for how much the Bank of Korea will move. This points to an improving environment for won bonds, the biggest loser among emerging-Asia’s sovereign debt this quarter as inflation quickened to a 14-year high and bets on rate increases jumped. Increased flows into Korean debt may help ease pressures on the won, which last week reached a 13-year low. The country is vulnerable to soaring imports exacerbated by a weak currency. It also means that Korean bonds may start to diverge from other emerging markets in Asia, where the risk of interest-rate swaps and yields moving higher is clouding the outlook. “We see value in Korean government bonds, as the market … [Read more...] about Bond traders bet market has swung too far on Korea rate hikes

'You are being naughty. You must be very careful, Datuk Seri. I am reminding you to behave yourself,' Raja Rozela told Zahid (pictured). (Photo by Zahid Izzani Mohd Said/The Edge) - A + A KUALA LUMPUR (June 30): Umno president Datuk Seri Dr Ahmad Zahid Hamidi was warned by Deputy Public Prosecutor Datuk Raja Rozela Raja Toran in his corruption trial that the courtroom was not a “coffee shop” or a “supreme council” meeting when the former did not answer questions precisely in the High Court here. Raja Rozela was asking Zahid, who was taking the stand as a defence witness in his own trial, about funds from his charity organisation Yayasan Akalbudi, and how some RM17.9 million of said funds ended up in a fixed deposit account of a law firm called Lewis & Co, among others. Raja Rozela had asked Zahid about his previous assertion about his then executive secretary Major Mazlina Mazlan in handling Yayasan Akalbudi’s funds — that he authorised the handling of the … [Read more...] about Zahid told to behave himself in court

- A + A KUALA LUMPUR (June 30): MR DIY Group (M) Bhd said that while the group is trying to maintain the “low prices” of its products by continuously improving operational efficiency, it may have to raise prices in the future due to inflation. “Our intense focus is to stay true to our values about ‘always low prices’ [but] there are situations where we will have to make price adjustments,” said the group’s chief executive officer Adrian Ong. “We will do so in a very responsible way, and only to the extent that we cannot continue to keep supplier costs low,” he added at a press conference after the official opening of MR DIY PLUS at Mid Valley Megamall on Thursday (June 30). The home improvement retailer was previously reported to have raised product prices in April and May. Ong said the group offsets increases in costs by managing supply volume and emphasising operational efficiency. “For us everything we do, apart from using data, we also manage every aspect … [Read more...] about MR DIY: We will try to maintain ‘low prices’ but hikes on the cards