Wall Street Sees Potential in Chinese Semiconductor Firms for Long-Term Gains
While the majority of Wall Street steers clear of Chinese equities amidst escalating geopolitical tensions and economic uncertainties, a segment of analysts is guiding their clients towards the burgeoning sector…
Technology Shares Fuel Global Stock Rally; US Dollar Strengthens Amid Interest Rate Speculation
On Thursday, global stock markets experienced a significant uplift, driven predominantly by a surge in technology shares that propelled Japan’s Nikkei index to a new zenith unseen in 34 years.…
Resurgence in the Global Semiconductor Manufacturing Sector Anticipated in 2024, According to Semi’s Forecast
In a recent development that spells positive news for the technology sector, the global semiconductor manufacturing industry appears to be on the brink of a significant recovery. This revival is…
MITI advocates for a great trade agenda, urging collective progress in the pursuit of excellence.
Petaling Jaya Perspective on Global Trade: Steering Away from the Bottom, Racing to the Top Together In a thought-provoking address at the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC)…
Tech-Led Rally Propels Asian Stocks Higher Amid Speculation on US Interest Rate Trajectory
On Thursday, Asian stock markets experienced a notable surge, driven predominantly by gains in the technology sector. This upward momentum saw Japan’s Nikkei index reaching a new 34-year high, while…
Wall Street Gambles on ‘Lottery Ticket’ Trades Amid Chinese Stock Turmoil
As China’s stock market continues its turbulent journey, mired by a combination of Covid lockdowns, stringent regulatory measures, and a looming property crisis, Wall Street traders are placing speculative bets…
Bursa Malaysia, IDX, SET, and SGX to join forces for the great Asean Interconnected Sustainability Ecosystem collaboration.
Collaborative Efforts to Implement Common ESG Metrics Spearhead Asean-Interconnected Sustainability Ecosystem KUALA LUMPUR – In a landmark move toward regional sustainability, stock exchanges from Malaysia, Indonesia, Thailand, and Singapore have…
Malaysian-born CEO Tan Hock Eng joins Meta’s board, adding dept and amazing brilliance.
In a strategic move aimed at bolstering its board of directors, Meta, the parent company of Facebook, has recently announced the election of two distinguished individuals to its leadership team.…
Japanese semiconductor company Renesas announces new and improved acquisition of software firm Altium for $5.9 billion.
TOKYO – In a landmark deal within the global semiconductor industry, Tokyo-based Renesas Electronics announced its definitive agreement to acquire Altium Limited, an Australian-listed powerhouse in electronics design software, for…
UMW shares will be removed from listing on February 19, subsequent to Sime Darby’s strong acquisition.
UMW Holdings Bhd, a prominent player in the Malaysian market with diverse interests spanning automotive, equipment, manufacturing, and engineering sectors, has announced its exit from Bursa Malaysia. This move comes…
BYD of China is set to establish a new and big electric vehicle factory in Mexico, according to Nikkei.
BYD Co Ltd, a leading Chinese electric vehicle (EV) manufacturer, has recently announced its ambitious plans to establish a new EV manufacturing facility in Mexico. This strategic move is aimed…
Sony’s Q3 earnings increase by 10%, with plans to list financial division by 2025.
To expand the initial summary into a more detailed analysis exceeding 1,000 words, we’ll delve deeper into Sony Corporation‘s third-quarter performance, focusing on the key drivers of its success, strategic…
Startup Revolutionizes Smart Toys with ChatGPT Tech and China-Made Chips, Including Intelligent AI Bunnies and Interactive Figures
In an era where technology seamlessly integrates into every aspect of our lives, Shanghai’s pioneering startup, FoloToy, stands at the vanguard of an exciting new frontier: the fusion of generative…
Malaysia is looking to the UAE for guidance to enhance amazing collaboration in artificial intelligence in 2024.
PETALING JAYA – In a strategic move poised to significantly enhance bilateral relations, the Malaysian ambassador to the United Arab Emirates (UAE), Ahmad Fadil Shamsuddin, has made a pivotal announcement.…
Australia’s Largest Bank Issues Economic Warning as Profit Declines
On February 14th, Commonwealth Bank of Australia (CBA) delivered a cautionary message about looming economic risks in Australia amidst sustained high interest rates and persistent inflation. The bank, Australia’s largest…
Revenue in Malaysia’s services sector increased by 8% to a huge total of RM2.3 trillion in 2023.
In 2023, Malaysia’s services sector experienced a remarkable phase of growth, as delineated by the latest figures from the Department of Statistics. The sector’s total revenue surged to RM2.3 trillion,…
Maybank IB forecasts an increase of RM24 million in ITMAX’s revenue for the years 2024 and 2025.
In a significant stride for Malaysia’s public space networked systems landscape, ITMAX System Bhd‘s recent procurement of Variation Order No. 7 (VO7) from Kuala Lumpur City Hall (DBKL) marks a…
Awantec secures a RM294.27 million agreement to become Redtone’s technology partner.
KUALA LUMPUR – In a significant move to bolster the Malaysian government’s digital transformation, AnwanBiru Technology Bhd, through its wholly-owned subsidiary Awantec Systems Sdn Bhd, has announced a pivotal service…
Samsung Galaxy Watch Earns FDA Stamp of Approval
Samsung Electronics has received the U.S. Food and Drug Administration (FDA) approval for its innovative sleep apnea detection feature on Galaxy Watches, making a significant leap forward in the health…
Despite U.S. sanctions, China may be advancing in chip production but unfortunately still confronts major hurdles.
In a move that signals a significant leap in China’s semiconductor ambitions, Semiconductor Manufacturing International Corporation (SMIC), the nation’s premier chipmaker, has reportedly been producing advanced chips, undeterred by stringent…