Malaysia
Malaysia will take ‘necessary action’ if its companies are involved in Nvidia fraud case: Trade minister
Nvidia’s headquarters on Feb. 26, 2025, in Santa Clara, California. Justin Sullivan | Getty Images Malaysia said it will take “necessary action” against Malaysian companies if they are found to be involved in a fraud case linked to the alleged movement of Nvidia chips from Singapore to China. That comes after Singapore Law and Home […]
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Chinese travelers cancel Lunar New Year trips to Thailand over safety concerns
Chinese travelers are canceling plans to visit Thailand during the Lunar New Year holiday, as concerns over the kidnapping of actor Wang Xing continue to reverberate through the country. Net booking volume for trips to Thailand fell 15.6% from Jan. 13 to Jan. 20 from the previous week, after news of the rescue of Wang […]
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Asia-Pacific markets mixed as investors assess Trump tariff comments
Crimson clouds light up the skyline of Victoria Harbour on July 14, 2022 in Hong Kong, China. Li Zhihua | China News Service | Getty Images Asia-Pacific markets traded mixed Wednesday, as investors parse President Donald Trump’s comments on imposing a 10% tariff on China. Australia’s S&P/ASX 200 rose 0.42%. Japan’s Nikkei 225 added 1.32%, […]
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Asia markets open higher as Trump promises U.S. ‘golden age’ at presidential inauguration
Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets are expected to gain Tuesday, as investors await greater clarity on policies […]
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Asia-Pacific markets are set to open higher ahead of Donald Trump’s inauguration
Shanghai Pudong district at sunrise Dukai Photographer | Moment | Getty Images Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump’s inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia’s S&P/ASX 200 rose 0.2% at the open. Japan’s Nikkei 225 futures pointed to a higher open […]
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Malaysia’s 1MDB files legal claim against Amicorp Group seeking over $1 billion for alleged fraud
Motorcyclists pass a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, February 3, 2016. Olivia Harris | Reuters Scandal-hit Malaysian state fund 1Malaysia Development Berhad said Monday it has filed a legal claim of more than $1 billion against corporate services provider Amicorp Group and its CEO, alleging the […]
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I spent $34,563.38 to travel the world for 18 months and tracked every cent: My budget breakdown
In 2022, I quit my job to fulfill my longtime dream of traveling the world full-time for a year and a half. My journey through 12 countries in Asia and six in South America cost exactly $34,563.38. I stayed meticulous about one thing from beginning to end: I tracked every penny I spent, from a […]
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Latest US strike on China’s chips hits semiconductor toolmakers
A Chinese flag is displayed next to a “Made in China” sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Florence Lo | Reuters The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including […]
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Buy Big Tech firms with exposure to emerging markets, says veteran investor Mark Mobius
U.S. tech companies with a focus on emerging markets offer the best investment opportunities for the coming year, according to veteran emerging markets investor Mark Mobius. “The U.S market will continue to do well. As you know, tech has already done well. So, what I would do is focus on companies and industries that are […]
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Singapore’s DBS eyes Malaysian bank stakes in expansion push, Reuters reports
DBS Group Holdings in the central business district of Singapore. Nicky Loh | Bloomberg | Getty Images Singapore’s biggest lender DBS Group Holdings Ltd is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbor, including in one of Malaysia’s smallest banks by assets, two sources said. DBS is exploring a purchase of Singapore state investor Temasek’s 29.1% stake in Alliance Bank Malaysia […]
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