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)…
Apple Takes Down ‘Kimi’ App for Illegal Activity
An app called Kimi became hugely popular on the Apple App Store, surpassing big names in the streaming industry like Netflix and Prime Video. It claimed to be a vision…
Dutch startup LionVolt secures €15 million in funding to advance solid-state battery innovation
Revolutionizing Battery Technology: LionVolt’s Groundbreaking Approach As the global transition towards electrification gains momentum, the demand for advanced batteries that offer enhanced performance, safety, and sustainability has become increasingly pronounced.…
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.…
Wall Street Rebounds Following Prior Session’s Sell-Off
On Wednesday, Wall Street regained momentum after experiencing a sell-off in the previous session triggered by a concerning inflation report. Notably, Nvidia, a leading player in the artificial intelligence (AI)…
Morningstar DBRS Warns of Continued Loan Losses in Global Office Property Market
Morningstar DBRS, a credit rating agency, issued a cautionary statement on Wednesday regarding the likelihood of banks worldwide experiencing additional losses on office property loans. The agency attributed this prediction…
Wonder Ventures raises £74M to fuel innovation in early-stage technology endeavors.
London, February 15, 2024 Decade of Dedication: Supporting Early-Stage Innovation In the dynamic landscape of technology entrepreneurship, securing initial funding for groundbreaking ideas remains a monumental challenge. Recognizing this gap,…
7 Auto Giants Launch Ionna to Revolutionize EV Charging
Ionna, a new EV charging network in the United States, has been established by seven leading automakers—BMW, General Motors (GM), Honda, Hyundai, Kia, Mercedes, and Stellantis. Announced on a recent…
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…
The Dark Side of AI Love Chatbots Revealed in Comprehensive Study
In the midst of a loneliness crisis, the emergence of AI chatbot companions and romantic partners appears to be addressing certain individuals’ needs. As AI chatbots increasingly become part of…
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…
Chinese Hackers Exploit Outdated Routers in US Homes and Offices
A group of hackers backed by the Chinese government, known as Volt Typhoon has taken control of hundreds of routers used in small offices and homes office (SOHO) routers across…
Layla Acquires Roam Around AI-Itinerary Builder for Smarter Trip Planning
Layla, a rising travel startup, has recently acquired the AI-powered itinerary building bot, Roam Around. This strategic acquisition marks a pivotal step for Layla in enhancing its trip planning capabilities…
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.…