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Not business as usual: How COVID-19 reshaped the narrative for Malaysia Aviation Group

Future CFO

The company reported a post-tax profit of RM1.146 billion for the fourth quarter of 2022, its best-ever quarter performance in the past two decades, according to its group chief financial officer Boo Hui Yee. billion at the end of December 2022, and the full-year net loss after interest and tax dropped 79% to RM344 million from RM1.65

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Turning Currency Volatility Into A Global FX Strategy

PYMNTS

Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk. Corporates should be proactively looking at currency risk,” added Frey. Even if a business only deals in USD, fluctuations of other currencies create risk.

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How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

, Enterprise Risk Management (ERM) , refers to the systematic procedure of strategizing, arranging, supervising, and managing an , organization's activities with the aim of reducing the negative impacts of risks on its financial resources and profits. The amplified interest in ERM is being driven by external factors.

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Top News In Payments: Libra Fears Grow; Uber-IPO Impact Spreads; And SMBs Get Faster Payments

PYMNTS

Today’s payment news roundup includes a look at more fears and concerns around Libra, the spreading losses related to Uber and WeWork, fresh PYMNTS research on subscription commerce and churn and a new tool that enables small and medium-sized business (SMB) operators to access their funds instantly via digital and mobile channels.

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Bitcoin Daily: Bitcoin Crests $19,800; Russian Bank To Launch Sbercoin Crypto In 2021

PYMNTS

As alleged, Gutemberg Dos Santos played a key role in an international investment scam that promised extraordinary rates of return on phantom investments in cryptocurrencies, defrauding victims of tens of millions of dollars,” said Acting United States Attorney Audrey Strauss in the release.

Banking 80
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Bitcoin Continues Slide, Drops Under $10,000

PYMNTS

The cryptocurrency’s loss means it pulled down the value of other premium coins with it, and none of them showed any rises at all. Value in bitcoin and other digital currencies surged recently after the announcement of Facebook’s Libra, a stablecoin tied to real currency. In the past 24 hours, Bitcoin’s value has dropped 6.50

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A Temporary Retreat or Long Term Pull Back?

CFO News Room

To put risk capital in perspective, it is best to start with a definition of risk that is comprehensive and all-inclusive, and that is to think of risk as a combination of danger (downside) and opportunity (upside) and to consider how investments vary in terms of exposure to both.