Matein Khalid The past eight weeks have seen a multi-trillion-dollar market cap meltdown. Wall Street developed a sudden aversion to software companies, viewing them as victims of the AI revolution. At the same time, the war in the Gulf has led to a sharp rise in the Volatility Index, the US dollar and US Treasury bond yields. These are macro headwinds for high-beta Nasdaq sectors, including software, and have […]
Trading across major Asian markets reflected a cautious tone, with benchmark indices in Tokyo, Hong Kong, Seoul and Shanghai posting losses amid persistent volatility in energy markets. Investors reacted to the sustained rise in crude prices, which has added to worries about input costs, supply disruptions and the potential for central banks to maintain tighter monetary policies for longer than anticipated.
Brent crude climbed above $111 a barrel, driven by a combination of constrained supply and geopolitical tensions affecting key energy-producing regions. Analysts noted that limited spare capacity among major producers and continued uncertainty around output from certain exporting nations have kept oil markets tight. West Texas Intermediate also traded at elevated levels, reinforcing concerns that energy inflation could remain entrenched.
The sharp move in oil has had a ripple effect across equities, particularly in Asia where many economies are heavily dependent on imported energy. Airlines, manufacturing firms and transport companies bore the brunt of selling pressure as investors reassessed earnings prospects under a higher-cost environment. Export-oriented sectors, which typically benefit from stable input prices, faced additional headwinds.
Market sentiment was further dampened by declines on Wall Street, where major indices closed lower amid renewed concerns about inflation and interest rates. Technology stocks, which are sensitive to borrowing costs, continued to underperform, dragging broader markets down. The negative momentum from the United States spilled over into Asian trading hours, reinforcing risk aversion among investors.
Currency markets reflected the shift towards caution, with the US dollar strengthening against several Asian currencies. A stronger dollar typically tightens financial conditions globally, particularly for emerging markets with significant dollar-denominated debt. Economists warned that sustained currency pressure could complicate policy decisions for central banks across the region, which are already balancing growth concerns against inflation risks.
Energy producers were among the few bright spots in Asian trading, with shares in oil and gas companies posting gains as higher crude prices improved revenue outlooks. However, the broader market impact remained negative, as rising energy costs tend to weigh on consumption and corporate margins.
Central banks are facing a complex policy environment shaped by persistent inflation and uneven economic recovery. While some policymakers have signalled a willingness to pause rate hikes if growth weakens, elevated oil prices could limit that flexibility. Higher fuel costs feed directly into headline inflation and indirectly affect food prices and transportation costs, raising the risk of prolonged price pressures.
Economic data from several Asian economies has shown mixed signals, with manufacturing activity slowing in some regions while services sectors demonstrate resilience. Analysts suggest that the trajectory of energy prices will play a crucial role in determining whether growth can stabilise or faces further downside risks.
Geopolitical factors continue to influence oil markets, with supply disruptions and production decisions by major exporters remaining key variables. Traders are also monitoring inventory levels and demand trends, particularly in large consuming nations, to gauge the sustainability of current price levels.
Investor positioning indicates a shift towards defensive assets, including commodities and safe-haven currencies, as uncertainty persists. Portfolio managers are increasingly cautious about exposure to sectors vulnerable to cost pressures, while seeking opportunities in areas that can benefit from elevated commodity prices.
Binance has filed a defamation lawsuit against the publisher of the Wall Street Journal, escalating tensions between the world’s largest cryptocurrency exchange and one of the most influential financial news organisations. The legal complaint, submitted in the United States District Court for the Southern District of New York, accuses Dow Jones & Company, which publishes the Wall Street Journal, of publishing a report containing multiple false and […]
Oil’s sharp rise above the $100-a-barrel threshold has shaken global markets, yet digital asset markets have shown unexpected resilience, with bitcoin stabilising alongside segments of Wall Street as investors weigh the limited direct exposure of the United States economy to energy supply shocks. Crude prices surged after escalating tensions in the Middle East disrupted shipping routes and threatened flows through the Strait of Hormuz, a passage responsible […]
Matein Khalid Five days of continuous Israeli and US bombing of Iran, the killing of Ayatollah Khamenei and at least five dozen other senior military and political leaders of the Islamic Republic, the de facto closure of tanker traffic in the Strait of Hormuz, the shutdown of Saudi Arabia’s Ras Tanura refinery and the world’s biggest LNG complex in Qatar, as well as retaliatory drone and missile attacks by Iran on airports, seaports, […]
Matein Khalid Mr. Market is a metaphorical schizophrenic pendulum who swings between extremes of fear and greed, thus giving us a chance to make money at inflection points on both ends of the spectrum. So here we are in a surreal world of extreme fear on Nasdaq where the PEG ratios for Procter & Gamble is 5.4, for Coca Cola is 3.64, Johnny-Johnny is 2.4, Pepsi is […]
Nvidia delivered record quarterly and annual revenue, beating Wall Street expectations and pushing back against claims that the artificial intelligence boom is overheating. The Silicon Valley chip designer said revenue for the fourth quarter of its fiscal year ended 26 January 2025 rose to $39.3 billion, up sharply from a year earlier and above market forecasts. Full-year revenue reached $130.5 billion, more than doubling on the previous […]
Matein Khalid I dedicate this post to my dear friend Abdulla Saeed Al Naboodah who has Ferrari in his spirit, bloodstream as well as in his garages. I went gaga on the Ferrari IPO in 2015 as I viewed the world’s preeminent luxury car maker as unique since it restricted supply to an elite global community rather than peddled product to any joe who could afford a […]
Qatar’s $580 billion sovereign wealth vehicle is committing fresh capital to a private credit firm founded by former Goldman Sachs partners, marking another step in the Gulf state’s push into alternative assets. Qatar Investment Authority is investing a few hundred million dollars in 5C Investment Partners, according to people familiar with the matter. The funding is expected to support the firm’s expansion in direct lending, a segment […]
HONG KONG SAR – Media OutReach Newswire – 10 February 2026 – As a leading animal medical institution in Hong Kong, the Veterinary Emergency Centre (VEC) has always been committed to providing the most comprehensive and reliable health protection for pets. To further enhance its “General Family Vet” care experience, VEC is pleased to announce the official appointment of Dr. Martin, a professional general practitioner. Dr. Martin will lead a wide range of outpatient services, covering everything from routine physical examinations, dental care, and geriatric/pediatric care to advanced endoscopic procedures. This appointment reinforces VEC’s one-stop health commitment of “from prevention to recovery,” serving as a trusted medical backbone for pet owners.
VEC is dedicated to integrating its professional 24-hour emergency mechanism with in-depth general care. Equipped with advanced medical systems—including sophisticated operating theaters, Intensive Care Units (ICU), and CT scanners—VEC ensures precision in every step from routine screenings to deep diagnostics. Through a rigorous triage process, the centre can immediately respond to emergencies such as accidental ingestion of foreign objects, ensuring no delay in life-saving treatment. This round-the-clock intensive care capability provides the most stable support for endoscopy, dental care, and soft tissue surgery, achieving seamless protection from preventive medicine to the recovery phase.
Starting from Prevention: Building a Health Defense Line for the Entire Life Cycle
VEC’s professional dental care services for cats and dogs aim to maintain healthy teeth and gums, ensuring pets live longer and healthier lives. Many pet owners may be unaware that dental disease is one of the most common health issues in pets; up to 80% of dogs and cats begin to suffer from dental problems around the age of three. Dental disease not only causes discomfort but can also allow bacteria to enter the bloodstream and spread throughout the body, leading to more serious conditions such as kidney, heart, and metabolic diseases.
Regular dental care helps prevent various health issues and reduces the risk of pain or gum infections. Early detection of dental problems significantly improves a pet’s quality of life. With extensive clinical experience, Dr. Martin excels at handling the diverse care needs of pets from puppy/kittenhood to their senior years. He firmly believes that excellent medical care should not stop at “treatment” but must begin with “prevention.”
“The role of a general family vet is to accompany pets through every stage of their lives,” says Dr. Martin. “Through regular physical exams, oral care, and ultrasound monitoring, we can detect potential health risks early and intervene before a disease develops. This not only alleviates the pet’s suffering but also significantly enhances their quality of life.” Dr. Martin also reminds pet owners: “Prevention is better than cure. Owners should pay attention to subtle but persistent changes in daily life, such as appetite, water intake, weight, and behavior patterns. These are often the most overlooked aspects of a health check-up.”
Case Study: Advanced Endoscopy Saves Pet from Major Surgery
Dr. Martin holds a keen interest in endoscopy and soft tissue surgery, utilizing advanced equipment for precise diagnosis. He recently handled a memorable emergency case involving Taro, a mischievous Jack Russell Terrier. While his owner was playing a board game, Taro curiously swallowed a die, leading to immediate vomiting and loss of appetite.
Facing this critical situation, Dr. Martin leveraged his clinical experience to perform an endoscopic procedure during the “golden window” of time. This allowed him to successfully retrieve the foreign object from Taro without the need for invasive surgery, avoiding the trauma and risks associated with traditional laparotomy. Taro recovered rapidly after the procedure and was able to return home the same day.
Dr. Martin’s diagnostic and treatment philosophy aligns perfectly with VEC’s core values. Supported by VEC’s robust 24-hour emergency infrastructure and high-end equipment, Dr. Martin provides immediate, high-level endoscopic treatment for sudden cases like Taro’s, saving critical time and reducing the risks associated with hospital transfers.
Seamless Trilingual Communication: Caring for the Vet-Patient Relationship with a “Family-First” Heart
Beyond his medical expertise, Dr. Martin’s linguistic advantages provide transparency and psychological support for pet owners. Graduating from the University of Edinburgh in 2018, Dr. Martin is fluent in English, Cantonese, and Mandarin. Not only can he manage various soft tissue surgeries and endoscopic treatments, but his “internal and external” versatility allows him to communicate accurately and warmly with pet owners from diverse backgrounds, helping them choose the most suitable treatment plans.
He practices medicine under the philosophy of “Caring for pets and owners with a family-first heart.” Dr. Martin believes that effective communication can alleviate the anxiety owners feel when their pets are ill, building a deep bond of trust. “I hope every owner who enters the consultation room can feel the sincerity of ‘treating pets as our own,’” he adds. “When we treat patients as family, the diagnosis becomes deeper and the treatment warmer.” This human-centric communication model helps address not only the pet’s physiological pain but also supports the owner through the ups and downs of the treatment process.
By combining VEC’s powerful hardware and 24-hour emergency system with compassionate, detailed communication, the addition of Dr. Martin ensures that the “General Family Vet” experience remains person-centered, helping pet families build a stronger and more transparent health defense line.
VEC Veterinary Emergency Centre (Belcher’s Street)
Address: Shop B2-C, G/F, Luen Wai San Chuen, 136-142 Belcher’s Street, Kennedy Town, Hong Kong
Scope of Service: Open 24/7, providing 24-hour emergency and inpatient services, house-call services, and professional support for emergencies at any time.
VEC Veterinary Emergency Centre (Davis Street)
Address: Shop C & H, G/F, Luen Kee San Chuen, 9-9C Davis Street, Kennedy Town, Hong Kong
Scope of Service: Providing specialized internal medicine, various surgical and orthopedic procedures, and outpatient services.
Outpatient Appointment: 2334 2334
24-Hour Emergency Hotline: 6828 6620
WhatsApp: 5599 1144
Hashtag: #VEC
https://www.vec.com.hk/zh-hant
https://www.facebook.com/vec.vethk
https://www.instagram.com/vec.vethk
https://youtube.com/@vecvethk
The issuer is solely responsible for the content of this announcement.
VEC Veterinary Emergency Centre possesses advanced diagnostic and treatment technologies. Our team is comprised of experts certified by the Veterinary Surgeons Board, registered veterinarians, and professionally trained staff. We provide excellence in medical services, covering various specialties, surgery (including cardiology), and animal acupuncture to meet every need of your pets.
Amazon delivered a jolt to markets with a strategic and financial update that re-framed how investors assess the company’s growth engine, profit profile and long-term ambition, prompting analysts to rethink assumptions that had weighed on the stock for much of the past year. The announcement combined a sharp improvement in operating leverage with a clearer articulation of where capital and management attention will be concentrated, signalling a […]
Matein Khalid Zohran Mamdani’s election as Mayor of New York City is the worst nightmare for the Big Apple’s commercial landlords, the reason why the shares of SL Green and Vornado have been sandbagged on the NYSE. The last thing a soft Manhattan office market with a plunge in inbound foreign tourism and spike in the 10-year US Treasury yield needed was a 35 year old self […]
US President Donald Trump has launched a high-stakes $5 billion legal challenge against JPMorgan Chase & Co. and its chief executive, Jamie Dimon, claiming that the country’s largest bank cut off banking services to him and his businesses for political reasons. The lawsuit, filed in Miami-Dade County, Florida, alleges the bank closed multiple accounts in 2021 and placed the president and his companies on an informal “blacklist” […]
Matein Khalid Marriott (MAR) is the world’s preeminent hospitality business with 1.7 million hotel rooms located in 9800 properties in 140 countries. Sadly, its shares were a Cinderella last year, underperforming the S&P 500 index with only a 14% return due to the decline in inbound foreign travel to the US triggered by Trump’s tariff threats, immigration crackdown and restrictive visa rules. Hopefully, Marriott will prove a […]
Wall Street trading desks are quietly reducing exposure to one of the most dependable strategies in the digital-asset universe, signalling a shift in how large financial players view risk and reward in crypto markets. The so-called bitcoin basis trade, long prized for delivering steady, low-volatility returns, is showing signs of strain as funding costs rise, spreads compress and market dynamics evolve. The basis trade involves exploiting the […]
Wall Street posted a powerful advance during the latest trading session, adding an estimated $700 billion to the combined value of listed companies as investors pushed major indices higher on a mix of easing inflation signals, resilient corporate earnings and renewed appetite for growth shares. The move underscored the scale at which US equity markets can reprice within hours when sentiment aligns across sectors. The benchmark S&P […]
The inauguration was attended by national and local government leaders, including Cristina Roque, Secretary of the Department of Trade and Industry; Pamela Baricuatro, Governor of Cebu Province; Ace Durano, Cebu Provincial Administrator; Nito Durano, Mayor of Danao City; and Carmen Durano, Vice Mayor of Danao City.
Milestone Facility for a High-Growth Region
The Danao facility is the fourth—and largest—Jollibee Group commissary in Cebu and its first multi-brand, state-of-the-art commissary in the Philippines. It comes at a time of accelerating economic momentum in VisMin, driven by a strong tourism rebound, the rise of BPO hubs, expanding agribusiness exports, and growing manufacturing clusters—factors that continue to drive employment, consumer spending, and demand across the region.
Outfitted with advanced automation and integrated systems, the commissary is designed to support increasing demand across multiple Jollibee Group brands while generating efficiencies by consolidating equipment and production capabilities. This allows the Group to scale responsibly while upholding its standards for food quality, consistency, and operational excellence.
Supporting Brand Expansion and Same-Store Growth
The Danao Commissary supplies key ingredients and products for the Group’s major brands, including Jollibee, Chowking, Mang Inasal, Greenwich, Red Ribbon, and Burger King. These brands continue to expand their store networks in VisMin while sustaining same-store sales growth.
The facility strengthens the Group’s supply chain by supporting distribution centers serving Cebu, Iloilo, Bacolod, Zamboanga, Cagayan de Oro, and Davao, as well as select areas in Luzon—ensuring reliability and scalability as the company accelerates its nationwide expansion.
Economic Impact
Speaking during the program, Department of Trade and Industry (DTI) Secretary Cristina Roque highlighted the broader economic impact of the investment.
“Every new commissary that the Jollibee Group opens represents more jobs, more security, and more growth for our local industries,” Roque said. “As we open more commissaries, we are also encouraging more investments in our country while strengthening our supply chain.”
Speaking at the inauguration, Joseph Tanbuntiong, Chief Executive Officer of Jollibee Group Philippines and Global Head of Jollibee Brand, underscored the strategic importance of the new facility to both the company’s domestic and global growth.
“The opening of the Danao Commissary is both a reflection of our journey and a new beginning,” Tanbuntiong said. “Accelerating our growth by building on the strong momentum in Visayas and Mindanao is critical to our Philippine business.”
The investment also highlights the Jollibee Group’s confidence in Cebu as a strategic hub for manufacturing and logistics.
“This commissary underscores our confidence in Cebu—its people, its capability, and its role in our growth today and in the long term,” he added.
Community Impact and Sustainability
Beyond strengthening operational capacity, the Danao Commissary is expected to deliver shared value for local communities, generating close to 500 jobs, with over 60% of the workforce coming from Danao City. At full capacity, the commissary will create 800 jobs.
Sustainability features were integrated into the facility’s design and operations in line with the Jollibee Group’s Joy for Tomorrow agenda. From Day 1 of commercial operation, the Danao Commissary operates on 99% renewable electricity from geothermal sources. It is also equipped with roof-mounted solar panels, rainwater-harvesting systems, energy-efficient equipment, and wastewater treatment systems—supporting responsible, future-ready growth.
Tanbuntiong said the inauguration marks the beginning of a shared journey among stakeholders involved in the project.
“The success of the Danao Commissary is a shared success—for Danao, for Cebu, and for the nation. Together, we are building a stronger, more inclusive, and more sustainable future.”
Hashtag: #Jollibee
The issuer is solely responsible for the content of this announcement.
Jollibee Foods Corporation (PSE: JFC) (the “Company”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio that includes 19 brands (the “Jollibee Group”) with over 10,000 stores and cafés across 33 countries.
The Jollibee Group’s portfolio includes nine (9) wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five (5) franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and in Botrista, a leader in beverage technology.
The Jollibee Group’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).
The Company has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a four-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.
www.jollibeegroup.com 
The sharp fall in the dollar and the sudden sell-off in US equity futures this week are early signals of a deeper problem with President Donald Trump’s escalating confrontation over Greenland. What’s being framed by the White House as a strategic gambit risks becoming an economic and financial self-own, with consequences that undermine the very US interests the policy claims to defend. Markets react first not to […]
Goldman Sachs is examining whether to engage with the fast-growing prediction-markets sector, a move that could reshape how Wall Street views platforms long seen as niche or legally ambiguous. Chief executive David Solomon has confirmed that the bank has held discussions with executives from Polymarket and Kalshi, describing these venues as sophisticated markets that resemble derivatives trading more than online betting. The conversations underscore a strategic recalibration […]
JPMorgan Chase has played down claims that stablecoins pose a systemic threat to the banking sector, diverging from warnings issued by banking trade groups that argue the growth of yield-bearing digital tokens could drain deposits and undermine credit creation across the United States. The debate intensified after the American Bankers Association sent a letter to the U. S. Senate cautioning that certain stablecoins, particularly those offering interest […]
President Donald Trump has unveiled a proposal to bar large institutional investors from purchasing single-family homes from 2026, framing the move as a bid to ease housing affordability pressures and tilt the market back towards owner-occupiers. The announcement, delivered during a campaign-style address, triggered immediate market reactions and reopened a contentious debate over the role of corporate capital in the US housing market. Under the plan […]
Ripple has no plans to pursue a public listing in the near term, its president Monica Long has said, pushing back against market speculation that the blockchain payments company could tap equity markets following a surge in private valuations and growing institutional interest. Long said the San Francisco-based firm is focused on building products and expanding its global payments footprint rather than preparing for an initial public […]
Stone structures lying beneath the Atlantic off the western coast of France have drawn renewed scientific attention, with researchers saying the scale and organisation of the remains point to a large human settlement dating back about 7,000 years. The find centres on a sprawling network of granite walls resting on the seabed, including a continuous section extending close to 400 feet, assembled from megaliths whose combined weight […]
Matein Khalid The Indian equity markets have experienced one of Asia’s most frenetic IPO bonanzas in 2024-25 even if no less than 50% of all new flotations are now trading below their offer price. Despite the decline of the Indian rupee’s new low against the dollar beyond 91 and Dalal Street’s underperformance relative to my fave emerging markets Argentina, Poland and Brazil in 2025, the macro omens […]
