Malaysia
Malaysia’s prime minister lauds country’s burgeoning chip hub status as Infineon opens new plant
Zafrul Tengku Abdul Aziz, Malaysia’s international trade and industry minister, from left, Muhammad Sanusi Md Nor, chief minister of Kedah state, Anwar Ibrahim, Malaysia’s prime minister, Jochen Hanebeck, chief executive officer of Infineon Technologies AG, and Rutger Wijburg, chief operating officer of Infineon Technologies AG, during the opening of the company’s site of a new […]
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As riots and disorder spread, some countries warn their citizens not to travel to the UK
Riot police officers push back anti-migration protesters outside on Aug. 4, 2024 in Rotherham, U.K. Christopher Furlong | Getty Images News | Getty Images Five countries have now issued travel and safety warnings to their citizens living or visiting the U.K. as riots and street disorder continue to plague the country. The United Arab Emirates, […]
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CNBC Daily Open: Fed signals possible rate cut; Wall Street soars; oil gains as Middle East tensions rise
This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Traders work on the floor of the New York Stock Exchange on July 25, 2023. Angela Weiss […]
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Here’s how much athletes at the Paris Olympics earn for winning medals
Olympic and Paralympic medals are shown during the unveiling of the Paris 2024 Olympic and Paralympic Games Medals on February 1, 2024 in Paris, France. Pascal Le Segretain | Getty Images Sport | Getty Images The Paris 2024 Olympics is well underway, with dozens of medals already handed out. Aside from a medal, a stuffed […]
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Morgan Stanley picks international shares to play a $50 billion AI boom. Analysts give two in excess of 20% upside
Need for AI-enablers this sort of as information centers, energy producers and grid operators is on the increase, according to Morgan Stanley, and a range of Asian firms stand out as possible performs. The Wall Road financial institution estimates that yet another 1 gigawatts in opportunity electrical power has been “underwritten as these data centers […]
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Apple to open initial retail outlet in Malaysia as Asia expansion proceeds
The new Iphone 15 Professional is shown during an Apple occasion at the Steve Work Theater at Apple Park in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Photographs Information | Getty Visuals Apple designs to open up its initial retailer in Malaysia following thirty day period, the corporation stated Wednesday, underscoring a even […]
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Unexpected container crunch sends ocean freight prices soaring, location off global trade alarm bells
A Chinese employee seems on as a cargo ship is loaded at a port in Qingdao, eastern China’s Shandong province. AFP Contributor | AFP | Getty Photos A fantastic storm in world trade is developing a shipping container ability crunch, fueling a unexpected and shock spike in ocean freight prices. The commencing of peak transport […]
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Alibaba bets on AI to gas cloud growth as it expands globally to catch up with U.S. tech giants
Alibaba Workplaces In Beijing Bloomberg | Bloomberg | Getty Photos Alibaba on Thursday claimed it expanded its world-wide cloud computing availability, even though the head of the unit’s worldwide arm touted the company’s AI merchandise as a way to fuel advancement. The Chinese technological innovation large stated it has expanded the availability zone of its […]
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Former Malaysia Primary Minister Mahathir says he’s ‘not concerned in corrupt practices’
Malaysia’s former key minister Mahathir Mohamad mentioned he and his family associates had been not included in any “corrupt tactics.” Previous thirty day period, Malaysia’s Anti-Corruption Commission said Mahathir was among persons being investigated over a corruption probe that included his sons, in accordance to Reuters. Mahathir’s sons — Mirzan and Mokhzani — have been […]
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Morgan Stanley picks world-wide shares to play a $100 billion AI boom, supplying one particular 40% upside
Demand from customers for AI “enablers” these types of as electric power producers, grid operators and data centers is surging, in accordance to Morgan Stanley, and a range of Asian organizations are set to benefit. Information heart capacity in both Asia and the U.S. is predicted to improve at a compound yearly advancement charge of […]
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