<div class=newsTextDataWrapInner><p>SINGAPORE (Jan 25): A consortium of seven mobile wallets, acquirers and payment networks has been formed to enable interoperable quick response (QR) payments in Singapore for both consumers and merchants.</p></div>

<div class=newsTextDataWrapInner><p>The consortium aims to jointly support an interoperable QR framework that allows consumers to pay with their mobile wallets and cards at participating merchants on a single merchant system.</p></div>

<div class=newsTextDataWrapInner><p>It also targets to support interoperability among 2 million customers and<a href="https://www.theedgesingapore.com/ez-link-mastercard-among-consortium-formed-implement-interoperable-local-qr-payments" target="_blank"><em>...(click on link for full story on theedgesingapore.com)</em></a></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

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SINGAPORE (Jan 25): A consortium of seven mobile wallets, acquirers and payment networks has been formed to enable interoperable quick response (QR) payments in Singapore for both consumers and merchants.

The consortium aims to jointly support an interoperable QR framework that allows c...

EZ-Link, Mastercard among consortium formed to implement interoperable local QR payments

A spat between two wealthy South Korean families over the future of an US$11 billion (RM45.78 billion) zinc empire has descended into a bitter battle for control that could hamper efforts to diversify the global supply of energy-transition metals.

A bitter feud risks ripping apart an US$11 bil metals empire

Oil prices jumped by over a dollar on Wednesday due to rising concerns Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran's biggest ever military blow against Israel.

Oil prices jump more than US$1 as Middle East tensions escalate 

BMW AG is pressing Berlin to vote against imposing significantly higher European Union (EU) tariffs on Chinese-made electric vehicles, joining other German carmakers that don’t want to risk a spat with their most important market.

BMW urges Germany to vote against EU tariffs on Chinese-made EVs

Shares of Chinese property developers rallied like never before after Beijing joined its so-called tier-one city peers to ease rules for homebuyers, following the Asian nation’s call to put a floor under the property market decline.

China’s defaulted developers soar 200% in speculative frenzy 

KUALA LUMPUR (Oct 2): Malaysia’s medical technology (medtech) industry has witnessed impressive growth, reaffirming the country’s position as a key player in the global medtech landscape, said the Malaysian Investment Development Authority’s (Mida) and the Association of Malaysian Medical Industries (AMMI).

Malaysia’s medtech sector poised for high-value growth, say Mida, medical association

Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report.

Malaysia defies China with offshore drilling, US think tank says

SINGAPORE (Oct 2): China’s commerce ministry said on Wednesday that it has asked the World Trade Organization (WTO) to rule on Canada’s imposition of steep tariffs on Chinese electric vehicles (EVs), as well as steel and aluminum products.

China files appeal to World Trade Organization on Canada’s tariffs on EVs, metal products

Launched in May, the National Semiconductor Strategy (NSS) has had time to resonate with industry players, allowing them to provide feedback on its strengths and weaknesses.

Forging partnerships to power Malaysia’s semiconductor future

SAN FRANCISCO (Oct 2): OpenAI is letting businesses and developers include its real-time voice assistant in their own applications, paving the way for more users to have realistic-sounding spoken conversations with an artificial intelligence (AI) system for a wide range of tasks.

OpenAI lets anyone use its new voice assistant in third-party apps

Democrat Tim Walz and Republican JD Vance clashed on Tuesday at a vice presidential debate that was surprisingly civil in the final stretch of an ugly election campaign marred by inflammatory rhetoric and two assassination attempts.

Walz and Vance clash, politely, at policy-heavy vice presidential debate

<p>Oracle plans to invest more than US$6.5 billion (RM27 billion) to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country.</p>


Oracle to invest US$6.5b to set up cloud facilities in Malaysia

<p>Oil prices jumped by over a dollar on Wednesday due to rising concerns Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran's biggest ever military blow against Israel.</p>


<p>The US Commerce Department set preliminary duties on solar imports from Southeast Asia, after an initial finding the equipment is benefitting from illegal government aid.</p>


US imposes duties on solar panels from Southeast Asia

<p>KUALA LUMPUR (Oct 2): RHB Research said Malaysia is poised to become the largest data centre (DC) hub in the region, with Johor as the new DC capital, bringing online at least 1.4 Gigawatt (GW) over the next three years, while it shrugs off concerns about potential oversupply.</p>


RHB sees Johor as new capital for regional data centre hub, dismisses oversupply concerns

<p>Japan’s investors are starting to lose their decades-long infatuation with overseas assets.</p>


Japan’s US$4 tril ‘carry trade’ begins to slowly unwind

<p>Asian stocks sank on Wednesday, catching up with the sell-off on Wall Street after Iran's ballistic missile strike on Israel provoked fears of a wider regional conflict, while crude oil pushed higher on the risk of supply disruptions.</p>


Asian stocks slide, oil extends gains on Middle East risks

<p>Telekom Malaysia Bhd (KL:TM) data centre joint venture (DC JV) with Singtel could potentially contribute RM80 million to RM85 million in earnings to the group, or 4% of group profit after tax and minority interests in FY2027, according to RHB Research in a note on Wednesday.</p>


Analysts see RM80m-RM85m earnings boost for TM from data centre JV starting FY2027

<p>Malaysia’s automotive sales volume could continue to surprise the market, Kenanga Investment Bank flagged on Wednesday, as it upgraded the sector to “overweight” from “neutral”.</p>


Car sales in Malaysia could spring some surprises, Kenanga says in sector upgrade 

<p>Bursa Malaysia's (KL:BURSA) e-Trade platform is expected to help boost investor engagement and market liquidity, according to BIMB Securities.</p>


Bursa Malaysia's e-Trade app seen boosting investor engagement, market liquidity

<p>Malaysia’s capital market remained resilient in 2023 amid global headwinds from diverging expectations of monetary policies in major economies and geopolitical turmoil, posting a 5.6% growth during the year to RM3.8 trillion from RM3.6 trillion in 2022, according to the Association of Corporate Finance Advisers (ACFA).</p>


Independent Corporate Finance Advisers strengthening their roles in Malaysian capital market

<p>Nike withdrew its annual revenue forecast on Tuesday, just as a new CEO is set to take the helm at the sportswear giant that is staring at a holiday season likely to be filled with discounts and weak traffic on its website and mobile apps.</p>


Nike withdraws annual forecast, signals weak holiday season

<p>A US labour board issued a complaint accusing Apple of violating employees' rights to organise and advocate for better working conditions by maintaining a series of unlawful workplace rules.</p>


Apple accused by US labour board of imposing illegal workplace rules

<p>Israel was downgraded by S&amp;P Global Ratings amid what the ratings firm sees as “an increasing likelihood” that the conflict with Hezbollah intensifies.</p>


S&P cuts Israel on ‘increasing likelihood’ conflict intensifies

<p>Democrat Tim Walz and Republican JD Vance clashed on Tuesday at a vice presidential debate that was surprisingly civil in the final stretch of an ugly election campaign marred by inflammatory rhetoric and two assassination attempts.</p>


<p>Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report.</p>


<p>The Federal Court here on Wednesday upheld the death sentences of seven Filipino men, including a nephew of self-proclaimed Sultan of Sulu, Jamalul Kiram, for waging war against the Yang di-Pertuan Agong during the Lahad Datu incursion 11 years ago.</p>


Top court upholds death sentence for seven Filipinos over Lahad Datu incursion

<p>Extensive damage from a fire at Tata Group's Apple&nbsp;iPhone component plant in southern India could hamper production ahead of a festive season sales surge, an industry watcher and a source said, forcing the US firm's suppliers to arrange critical parts from China or elsewhere.</p>


Apple may need to turn to China after Indian Tata plant fire — Reuters

<p>Global investors are preparing to stake bets on China again, in a major sentiment shift sparked by Beijing's drive to reverse its economic slowdown and revive long term interest in its stock markets.</p>


Global investors gear up to go back into China

<p>Shares of Chinese property developers rallied like never before after Beijing joined its so-called tier-one city peers to ease rules for homebuyers, following the Asian nation’s call to put a floor under the property market decline.</p>


<p>KAOHSIUNG,&nbsp;Taiwan (Oct 2): Taiwan&nbsp;shut down on Wednesday with hundreds of flights cancelled and offices, schools and financial markets closed, ahead of the arrival of a weakening Typhoon Krathon, which is forecast to bring storm surges along the coast and torrential rain.</p>
