<div class=newsTextDataWrapInner>KUALA LUMPUR (April 20): NetX Holdings Bhd shares jumped 14.29% this morning after its subsidiary PayAllZ Sdn Bhd entered into a technology partnership agreement with M3 Technologies (Asia) Bhd’s unit M3 Online Sdn Bhd (M3O) for the development of an electronic payment mobile exchange (EPEX).</div>

<div class=newsTextDataWrapInner>At 9.11am, NetX rose 0.5 sen to 4 sen with 285,000 shares done.</div>

<div class=newsTextDataWrapInner>Under the agreement, Payallz will provide the integration of multiple payment gateways, while M3O will develop the front-end interface of the mobile application and e-commerce platform.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (April 20): NetX Holdings Bhd shares jumped 14.29% this morning after its subsidiary PayAllZ Sdn Bhd entered into a technology partnership agreement with M3 Technologies (Asia) Bhd’s unit M3 Online Sdn Bhd (M3O) for the development of an electronic payment mobile exchange (EPEX)....

NetX jumps 14.29% after unit enters technology partnership with M3 Tech

KUALA LUMPUR (Aug 2): Shares of Asdion Bhd (KL:ASDION) declined to the lowest in nearly 10 months on Friday, after the loss-making company was put on Guidance Note 3 (GN3) status.

Asdion falls to near 10-month low after classified as GN3 company

Tata Motors, India's largest electric vehicle (EV) maker by sales, said on Thursday it would be open to making hybrid cars if demand for the technology surged, but does not support government incentives for it.

Tata Motors may look at hybrids if demand is strong, CFO says

Thailand is at risk of another bout of instability, a key opposition politician said as the nation’s courts prepare to rule whether to dissolve his party and if the prime minister should be removed.

Thailand opposition leader warns of instability ahead of court rulings

Investors in US markets over the past year have shown a remarkable ability to brush off domestic and external risks to the economy’s well-being, as well as to the functioning of the global economic, financial and trading system. This decoupling of risk from market sentiment has been driven by thr...

The Risk Factor: The factors behind US investor confidence

It is an open secret: stablecoins are the investor’s new best friend.

Stablecoins are cryptocurrencies that are pegged to the price of fiat currencies. People would buy crypto with ringgit at the official exchanges and then convert them to US dollar stablecoins through informal channels...

Shadow Crypt: Hidden impact of dollar stablecoins on local economy

KUALA LUMPUR (Aug 2): Hong Leong Investment Bank (HLIB) Research expects MN Holdings (KL:MNHLDG) to get more contracts in the coming months, reiterating its “buy” rating on the stock with a higher target price (TP) of RM1.62 (previously RM1.55), following contract wins with Tenaga Nasional Bhd (TNB)(KL:TENAGA).

MN Holdings expected to secure more contracts with TNB — HLIB Research

Makers of ATVs, boats and other recreational vehicles are staring at a bleak summer as caution around big-ticket purchases amid high interest rates has dashed hopes of a demand recovery for big manufacturers of leisure products.

Leisure vehicle makers feel the heat this summer as big-ticket spending cools

The Montenegro Appellate Court upheld a ruling that Terraform Labs Pte Ltd co-founder Do Kwon should be sent to his native South Korea, rejecting a push to instead send him to the US.

Former crypto mogul Do Kwon should be extradited to South Korea, Montenegro court rules

Operating profit at Salvatore Ferragamo declined 41% in the first half of the year, as revenues slowed down in all the main regions, the luxury group said on Thursday.

Ferragamo's operating profit drops 41% in first half

BENGALURU (Aug 2): Mynt, which operates the Philippine e-wallet brand and IPO-hopeful GCash, has more than doubled its valuation to US$5 billion, following investments from Ayala Corp and Japan's Mitsubishi UFJ Financial, the companies said in separate statements on Friday.

Philippine’s Mynt gets valuation boost at US$5b with Ayala, MUFG funding

Asian shares and US Treasury yields slid while the Swiss franc and Japanese yen rose on safety bids on Friday after weaker-than-expected US factory data sparked fears of a worsening economic outlook.

Stocks stumble on growth fears with US jobs data eyed

Stocks fell sharply and bonds rallied as a fresh dose of weak economic data led traders to reconsider whether Jerome Powell’s Federal Reserve (Fed) is wise to hold off cutting interest rates before September.

Stocks sink before jobs as tech hit on earnings

After strengthening beyond the RM4.60 mark, MIDF Research foresees the ringgit appreciating further in the second half of 2024, potentially ending the year at RM4.43 (end-2023: RM4.59).

Ringgit expected to strengthen further in 2H2024 amid external risks — MIDF

KUALA LUMPUR (Aug 2): Risk-off moves across major markets after disappointing US manufacturing economic data sparked broad selloffs in the Malaysian stock market on Friday morning.

KLCI falls 0.8% on broad risk-off, all sectors in red

Intel Corp said third-quarter revenue will disappoint and announced more than 15,000 job cuts, after the company lost business to rivals better equipped for the artificial intelligence (AI) boom. Shares fell more than 18% in late trading.

Intel says sales will fall short of expectations, cuts jobs

West River Bhd, a Malaysian engineering firm, has filed for an initial public offering (IPO) on the ACE Market to raise funds for the construction of a factory that will also serve as its warehouse.

Engineering firm West River files for ACE Market IPO to raise funds for new factory

Amazon.com Inc projected profit that missed analysts’ estimates, ramping up its spending to meet demand for artificial intelligence (AI) services. The shares dropped in late trading.

Amazon slips after profit forecast disappoints on AI costs

Apple Inc predicted that its new artificial intelligence features will spur iPhone upgrades in coming months, helping the company reemerge from a sales slowdown that has hit its China business especially hard.&nbsp;

Apple predicts boost from AI features after uneven third quarter

A men's singles badminton match involving shuttlers from Israel and Nepal was inadvertently broadcast for less than five minutes on RTMKlik's Olympic Channel 4 on Wednesday night.

Israel vs Nepal badminton match aired unintentionally, says RTM

Japan's Nikkei share average tumbled 5% on Friday to hit a six-month low after Wall Street slumped overnight on US economic worries, while uncertainties over the Japanese central bank's tightening path also weighed on the market.

Japan's Nikkei drops 5% after Wall Street sell-off

Decisions by&nbsp;major central banks&nbsp;this week brought the end of pandemic-era monetary policy into closer view, but also highlighted how long the road back to "normal" will be as officials now probe for the endpoint of interest rate cuts and manage the wind-down of massive balance sheets.

Central banks are turning the ship, but their path is unclear

KUALA LUMPUR (Aug 2): Shares of Asdion Bhd (KL:ASDION) declined to the lowest in nearly 10 months on Friday, after the loss-making company was put on Guidance Note 3 (GN3) status.

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a stronger-than-expected 14% year-on-year jump in second quarter net profit and said it was firmly on track to meet its 2024 targets.

OCBC's 2Q profit tops expectations, says on track to meet 2024 targets

TA Securities has upgraded its recommendation on Fraser &amp; Neave Holdings Bhd (KL:F&amp;N) to 'buy' from 'hold' due to the recent decline in F&amp;N’s share price, but warned of a slowdown in the last quarter of 2024.

TA upgrades F&N to ‘buy’ but warns of slowdown in last quarter of this year

The parents of a motorcyclist who was killed in a 2022 crash involving a Tesla Model 3 on Autopilot in Utah sued the electric carmaker and the vehicle's driver, claiming that the driver assistant software and other safety features are "defective and inadequate".

Tesla sued by family of motorcyclist killed in Autopilot crash

Berkshire Hathaway, run by billionaire Warren Buffett, extended its selling of Bank of America shares, and has shed more than US$3.8 billion (RM17.3 billion) of the second-largest US bank's stock since mid-July.

Buffett offloads more Bank of America shares; sales top US$3.8b

Deutsche Bank AG is trying to offload up to US$1 billion (RM4.55 billion) in US commercial property loans off its balance sheet, just as rising interest rates have dented profits in its real estate portfolio, according to people familiar with the matter.

Deutsche Bank is unloading US$1b in US real estate loans, Bloomberg reports

KUALA LUMPUR (Aug 2): Hong Leong Investment Bank (HLIB) Research expects MN Holdings (KL:MNHLDG) to get more contracts in the coming months, reiterating its “buy” rating on the stock with a higher target price (TP) of RM1.62 (previously RM1.55), following contract wins with Tenaga Nasional Bhd (TNB)(KL:TENAGA).

BENGALURU (Aug 1): The US Department of Justice (DOJ) has launched an investigation into Nvidia,&nbsp;after complaints from competitors that it may have abused its market dominance in selling chips that power artificial intelligence (AI), The Information reported on Thursday.