29 m. ago China confirms US trade talks to be held in Malaysia from Friday

China confirms US trade talks to be held in Malaysia from Friday  Reuters

Politics

3 h. ago Gotta sell ‘em all: Malaysian offers Pokemon cards for US$441,993 or a Porsche

A collector has offered Malaysia’s growing trading-card community a chance to own a piece of Pokemon “history,” putting part of his rare trove up for sale for 1.87 million ringgit (US$441,993) with an alternative deal: he is willing to trade it for a Porsche 911 Carrera 4S plus additional cash. Damiral Imran listed his collection on social media, where he described it as “history, rarity and legacy in one vault”. According to screenshots from Shiny, a global card-valuation tracker, Damiral’s...

Politics

4 h. ago GM CEO Mary Barra says there's 'over capacity' in China's EV market

GM CEO Mary Barra says there's 'over capacity' in China's EV market  businessinsider.com

Economics

17 h. ago US, China trade officials to meet in Malaysia amid escalating rare earths dispute

US Trade Representative Jamieson Greer said on Wednesday that he and Treasury Secretary Scott Bessent would travel to Malaysia later that day as scheduled to meet with Chinese officials over what he called Beijing’s “incredibly aggressive” measures to curb rare earth exports. The meeting is seen as a stepping stone to a sit-down in South Korea next week on the sidelines of the Asia-Pacific Economic Cooperation forum between US President Donald Trump and Chinese President Xi Jinping at a time of...

Politics

17 h. ago Trump’s meeting with China’s Xi ‘scheduled’ to take place in South Korea

After repeated on-again, off-again signalling in recent weeks, US President Donald Trump said on Wednesday he has a “pretty long meeting scheduled” in South Korea with Chinese President Xi Jinping to ensure that “we can work out a lot of our questions and our doubts”. This followed comments by Trump on Tuesday that the meeting between himself and Xi might not take place. The mercurial US president has a history of teasing events for publicity and in order to extract last-minute concessions from...

Politics

18 h. ago HKEX vets 300 listing applications after city ascends as world’s top IPO market

Bourse operator Hong Kong Exchanges and Clearing (HKEX), which topped this year’s global rankings as the largest initial public offering (IPO) market, said the city continued to see strong momentum, as it vets hundreds of new listing applications. Bonnie Chan Yiting, CEO of HKEX, on Wednesday said at an event in Shanghai that Hong Kong has more than 300 companies in the listing pipeline, which would ensure another strong quarter for fundraising in the city. “International investors have been...

Economics

18 h. ago USTR Greer, Treasury's Bessent heading to Malaysia for talks with Chinese counterparts

USTR Greer, Treasury's Bessent heading to Malaysia for talks with Chinese counterparts  Reuters

Politics

22 h. ago Can foreigners lead Indonesia’s state firms and make them world

Indonesia is opening the door for foreigners to lead state-owned enterprises (SOEs), a landmark move that President Prabowo Subianto has said will bring international expertise to the country’s corporate sector, even as critics warn about a lack of oversight and accountability. Speaking during the Forbes Global CEO Conference in Jakarta last week, Prabowo said a law on SOEs had been revised to allow non-Indonesians to assume top positions in the sector with roughly 1,000 state firms. “I’ve...

Politics

30 h. ago Nexperia crisis: how geopolitics disrupts a global chip supply chain

The ongoing dispute between China and the Netherlands over chipmaker Nexperia has highlighted how geopolitical tensions can disrupt an otherwise smooth global supply chain, according to analysts. Based in Nijmegen, Netherlands, Nexperia exemplifies a typical multinational company with front-end fabrication plants in Hamburg, Germany, and Manchester, UK, as well as back-end assembly facilities across Asia, including Dongguan, China; Laguna, the Philippines; and Negeri Sembilan, Malaysia. The...

Politics

47 h. ago ‘Light in our darkest days’: mum of slain Malaysian schoolgirl moved by support

Wong Lee Ping, the grieving mother of 16-year-old Yap Shing Xuen, whose brutal murder on October 14 shocked Malaysia, has expressed profound gratitude for the outpouring of community support, describing it as a beacon of light in our darkest hour. “We are truly touched and humbled by the outpouring of love, support, and presence from all of you during this painful period. Your care has been a light in our darkest days,” Wong expressed in a touching message shared on social media following her...

Politics

47 h. ago Sea CEO sees path to US$1 trillion market cap with help of AI

Sea founder Forrest Li told employees a trillion dollar market capitalisation – an increase of about 10 times – is possible as the Southeast Asia e-commerce leader joins tech companies globally betting on artificial intelligence for growth. In a memo to staff Monday, seen by Bloomberg News, Li compared the rapid growth of AI to the personal computer and smartphone revolutions that expanded consumer access to products and services once available only to the wealthy. But Li said it would not be...

Economics

47 h. ago Can Scott Bessent see China’s trade counterstrike with clear eyes?

After a video call last Saturday, US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng are expected to meet in Malaysia this week to hopefully ease tensions before US President Donald Trump and President Xi Jinping potentially meet on the sidelines of this year’s Apec summit. The meeting was in doubt when Trump threatened to impose an additional 100 per cent tariff on China, despite later relenting that it might not be sustainable. Washington blamed Beijing for the escalation,...

Events

50 h. ago Malaysia’s illegal firework trade under fire as ‘coconut’ explosive injures 22

What should have been an evening of light and celebration to mark Diwali in Malaysia descended into chaos on Monday after a fireworks blast injured 22 people, reigniting concerns over lax enforcement of a ban on high-powered explosives. The explosion in Kulim, northern Kedah state, left one man with a fractured skull while others suffered burns and broken bones, police said. Unconfirmed local media reports said other injuries included severed fingers and permanent hearing loss. Kulim district...

Events

63 h. ago NVIDIA CEO Says the Company "Went From 95% Market Share to 0%" in China

NVIDIA CEO Says the Company "Went From 95% Market Share to 0%" in China  80 Level

Economics

67 h. ago Apple CEO Tim Cook pushes AI system launch in China after iPhone Air release

Apple CEO Tim Cook is looking forward to launching the company’s artificial intelligence system in China, following the successful effort to release the iPhone Air in the vast market. Capping his six-day visit to the country last week, Cook said at an event in Shanghai on Saturday that AI was “making a difference in people’s lives” and that Apple was “working on getting [Apple Intelligence] into China right now”. No timeline was provided. Apple Intelligence – a built-in AI feature of the...

Society

3 d. ago Malaysia’s cheap petrol fuels ‘shadow economy bonus’ for smugglers

Malaysia has raised the alarm over potential misuse of subsidised petrol in its states bordering Thailand, with data showing some motorists rapidly exhausting their monthly quotas and raising suspicions that a new fuel aid scheme is being exploited to feed smuggling networks. Under the Budi95 scheme that was rolled out nationwide on September 27, eligible Malaysians pay 1.99 ringgit (42 US cents) per litre for RON95 petrol instead of the unsubsidised 2.60 ringgit. The subsided amount of fuel is...

Politics

3 d. ago Hong Kong, Elior Group in land talks for Asia’s first aircraft parts centre

City authorities are in talks with a leading French aeronautical services company about the allocation of land to develop Hong Kong into Asia’s first aircraft parts processing and trading centre, with the firm set to start training classes in two months. Daniel Derichebourg, chairman and CEO of France-based Elior Group, said the company was still in talks with the government about solutions that would work best to help Hong Kong grow as a centre for aircraft parts dismantling, recycling and...

Politics

3 d. ago Palantir chief takes a jab at Nvidia CEO Jensen Huang, says people decrying ‘China hawks’ are 'useful idiots' — 'The first step to ending our dependence on China is admitting we have a problem'

Palantir chief takes a jab at Nvidia CEO Jensen Huang, says people decrying ‘China hawks’ are 'useful idiots' — 'The first step to ending our dependence on China is admitting we have a problem'  Tom's Hardware

Politics

3 d. ago Sanctioned Russian tanker appears to transfer LNG off Malaysia

A dark tanker carrying liquefied natural gas from a US-sanctioned Russian export plant has positioned itself for a rare open-water fuel transfer off the coast of Malaysia, satellite images show, in a demonstration of the increasingly circuitous routes taken by Moscow to evade Western restrictions. The Perle, which was sanctioned by the US earlier this year, is currently anchored parallel to another vessel about 90 kilometres (55 miles) east of the Malaysian peninsula, according to Sentinel-2...

Events

4 d. ago Fintech can supercharge Hong Kong as financial hub: Broadridge CEO

Embracing technology platforms for applications such as electronic proxy voting, private debt underwriting and trading of repurchase (repo) agreements can help Hong Kong elevate its standing as Asia’s top financial hub, according to a leading US fintech firm. Technologies that simplified investor engagement had been a catalyst for growth in other markets, said Tim Gokey, CEO of New York-listed Broadridge Financial Solutions, adding that fintech could enhance corporate governance and product...

Economics