Walt Disney is investing US$1 billion in OpenAI and will let the startup use characters from Star Wars, Pixar and Marvel franchises in its Sora AI video generator, a crucial deal that could reshape how Hollywood makes content. The three-year…
The RM2 billion Seremban Sentral Transit-Orientated Development (TOD) is projected to generate up to RM300 million in annual business revenue and create about 2,500 new jobs spanning healthcare, retail, logistics, tourism, and services sectors. The integrated development is expected to…
The ringgit opened higher against the US dollar on Thursday as the greenback tracked the US Dollar Index, which remained below the 100-point mark. At 8am, the ringgit strengthened to 4.1255/1395 versus the US dollar from Wednesday’s close of 4.1360…
Oil prices fell in early Asian trade on Monday, erasing last week’s gains, as loadings resumed at the key Russian export hub of Novorossiysk after a two-day suspension at the Black Sea port that had been hit by a Ukrainian…
From the launch of new products and services in Japan to facilitating leveraged trading bets, crypto exchanges and some financial firms are rushing to cash in on rising investor enthusiasm for digital assets amid hopes of easing regulations. The recent…
US tariffs are hitting exports from China and the rest of the Asia-Pacific (APAC) region, but Fitch Ratings expects growth in the region to remain higher than in other parts of the world. The firm said that a weaker US…
HSBC said on Thursday it planned to privatise Hong Kong’s Hang Seng Bank after its majority-held subsidiary has come under fire for its performance and exposure to faltering property markets in the city and mainland China. HSBC will offer HK$155…
Wall Street futures slipped on Wednesday as the clock ticked down to a US government shutdown that would delay the release of crucial jobs data and muddy the interest rate outlook, while Asian markets hesitated after a solid quarter of…
Bursa Malaysia opened higher on Monday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) rising above the key 1,600 level, buoyed by positive sentiment from Wall Street. At 9.05 am, the FBM KLCI was up 2.86 points at 1,601.09, following…
Gas Malaysia Bhd has awarded engineering, procurement, construction and commissioning (EPCC) contracts for its biomethane purification plants in Trong and Air Kuning in Perak to MTC Orec Sdn Bhd and Enproserve (M) Sdn Bhd. Scheduled for completion within 13 months,…
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