Small-cap stocks experience renewed selling pressure, led by Rapid Synergy and YNH
In Petaling Jaya, the fragile recovery observed in small-cap stocks over the past few weeks has abruptly ended, signaling a return to volatility for investors. Shares of several companies, notably…
Opec+ Set to Assess Continuation of Oil Production Cuts in March, Maintains Current Output Policy
On February 1, sources from Opec+ revealed plans to evaluate the continuation of voluntary oil production reductions in March. These cuts, amounting to approximately 2.2 million barrels per day (bpd)…
Global Factory Activity Shows Mixed Results in January
The beginning of 2024 saw a varied performance across global manufacturing sectors, highlighted by the latest surveys released on February 1. Weak demand from China impacted Asia’s economic stability, while…
Gamuda Land Collaborates with Alliance Bank to Enhance Community Ties and Create New Relationships for 2024
In an innovative move to strengthen community bonds and foster new connections, Gamuda Land has teamed up with Alliance Bank Malaysia Berhad in a strategic partnership aimed at enhancing community…
China Issues Warning to Ukraine for Labeling Its Enterprises as ‘War Sponsors’
In Kyiv, on February 1, tensions escalated as China communicated concerns to Ukraine over the potential damage to bilateral relations following Kyiv’s decision to label over a dozen Chinese firms…
Nvidia Enters Competition with Huawei in the Chinese AI Chip Market
In an era where technological supremacy forms the cornerstone of geopolitical power, Nvidia’s latest foray into the Chinese market with its AI chip, the H20, signals a pivotal moment in…
China’s Xpeng is introducing its great equivalent of Tesla’s Full Self-Driving technology to international customers in 2024.
Xpeng Eyes Global Expansion with Smart Driving Tech as Key Attraction Guangzhou-Based EV Maker Sets Sights on International Markets with Advanced Driving Assistance Systems In a strategic move that signifies…
China Vows to Continue Fiscal Expansion to Boost Economic Growth
The government plans to sustain a robust level of fiscal expenditure and continue transfer payments to local governments. The focal point of fiscal policy will be to expand domestic demand.…
Bidnow, pitchIN, and Gambit Join Forces to Boost Investor Knowledge in Digital Assets 2024
In a remarkable collaborative effort, three key players in the digital asset industry – Bidnow, pitchIN, and Gambit Custody – have come together to educate the public on the nuances…
Bitsmedia seamlessly secures $20M Series A from CMIA, Gobi, and Bintang Capital.
Singapore-based Bitsmedia, the innovator behind the widely popular Muslim lifestyle application, Muslim Pro, has successfully raised US$20 million (approximately RM93 million) in a Series A funding round. This significant financial…
China Implements Property Support Initiatives Amid Evergrande Crisis Concerns
As China faces mounting concerns over the liquidation of the Evergrande Group, the nation has launched significant new measures to support its property sector, marking a pivotal move towards stabilizing…
Artem Ventures expands into the Malaysian market, positioning itself as an interesting local venture capital facilitator
In a landmark year, Artem Ventures has set a new standard in venture capital investment within Malaysia, marking its first anniversary with remarkable achievements in funding emerging startups and small…
DisruptInvest aims to unite 1000+ great entrepreneurs, investors, and corporates to boost startup investments and acquisitions
Malaysia’s Premier Startup and Corporate Innovation Event: DisruptInvest Summit 2024 Fostering Innovation and Collaboration KUALA LUMPUR, May 23, 2024 – NEXEA, a leading venture capital and startup mentorship platform, has…
Workato’s 2024 Work Automation Index Highlights Emerging Trends in AI and Automation
SINGAPORE, 1 February 2024 – Workato, the pioneer in AI-driven automation and integration solutions, proudly announced the release of its third annual Work Automation Index. This comprehensive report, drawing on…
China Initiates Major Rural Bank Mergers in Response to Escalating Financial Risks
China is embarking on an unprecedented consolidation of its banking sector, targeting the integration of hundreds of rural lenders into larger regional entities. This move comes in response to escalating…
DBS intelligently extends S$3 extra hawker meal subsidy program
DBS Launches Adopt-a-Hawker Centre Pilot Programme to Support Hawkers in Singapore. DBS, one of the largest banks in Singapore, has launched a new programme to support the livelihoods of hawkers…
Anticipated Impact: Hong Kong’s Decline on High-End Urban Property Values
Savills plc, a leading real estate firm, has predicted that at least a dozen major cities, including Hong Kong, New York, and San Francisco, are likely to experience a decline…
Philippine Economy Achieves the Highest Growth Rate in Southeast Asia
The Philippines emerged as Southeast Asia’s fastest-growing economy in 2023, outpacing both Vietnam and Malaysia. Gross domestic product (GDP) expanded by 5.6%, exceeding the median growth rate of 5.5% predicted…
IMF Anticipates Global ‘Soft Landing’ on Horizon, Revises Upward 2024 Economic Growth Forecast
On Tuesday, the International Monetary Fund (IMF) slightly raised its global economic growth forecast, enhancing the projections for the United States and China, the globe’s primary economic powerhouses. This revision…
Canon aims to empower businesses through innovative Smart Technology and sustainable practices in 2024.
Canon Singapore Unveils New Strategies to Lead Consumer and Enterprise Markets In an insightful interview with the Asian Business Review, Andrew Koh, the head of operations for Canon Singapore, delved…