Jack Ma-backed Ant Group Co used Chinese-made semiconductors to develop techniques for training artificial intelligence (AI) models that would cut costs by 20%, according to people familiar with the matter.

Jack Ma-backed Ant touts AI breakthrough on Chinese chips, Bloomberg reports

Ant Group Co’s quarterly profit surged more than 50-fold after it benefited from an investment gain, a major boon for the Chinese fintech giant founded by Jack Ma.

Ant Group’s profit rises with Jack Ma back in the public eye

(Feb 10): Pacific Investment Management Co (Pimco) is seeking to grow assets in a multi-asset mutual fund by 25% to US$2 billion (RM8.93 billion) this year, betting that a 60/40 equity-debt split will attract more investors in Asia.

Pimco seeks to grow 60/40 fund to US$2b on Asia expansion

(Jan 17): Hong Kong billionaire Michael Kadoorie has approached investors to raise at least US$50 million (HK$389 million, or RM225.08 million) to fund efforts to boost the city’s image, according to people familiar with the matter.

Hong Kong tycoon raising US$50m to boost city’s image — Bloomberg

Xiaohongshu’s biggest shareholders are in talks to sell shares in the Chinese Instagram-like service at a valuation of at least US$20 billion (RM90 billion), drawing interest from Tencent Holdings Ltd and other big names as a potential TikTok US ban approaches.

Xiaohongshu stake sale talks value TikTok rival at US$20b

JD.com Inc and NetEase Inc have won approvals to forge ahead with their Hong Kong share sales that could raise billions of dollars, as political turmoil leaves the city’s status as an international finance centre clouded in uncertainty.

China’s JD.com, NetEase win Hong Kong approval for listings

(Bloomberg) -- Alibaba Group Holding Ltd.’s Singles’ Day shopping bonanza got off to a scorching start, logging more than 114 billion yuan ($16.3 billion) of purchases in less than 90 minutes, the equivalent of more than half of last year’s record haul for the 24-hour event.

An estimate...

Alibaba Singles’ Day Set to Challenge US$31 Billion Sales Record

BEIJING (March 30): Four of China's largest state-owned banks said on Sunday that they plan to raise a combined 520 billion yuan (US$71.60 billion, or RM317.69 billion) in private placements from investors, including the finance ministry, after Beijing pledged to help them support the economy.

China's biggest state banks to raise US$71.6b to boost capital

BANGKOK (March 30): The toll from Myanmar's earthquake continued to rise on Sunday, as foreign rescue teams and aid rushed into the impoverished country, where hospitals were overwhelmed and some communities scrambled to mount rescue efforts with limited resources.

Myanmar quake death toll hits 1,700 as aid scramble intensifies

TOKYO (March 30): Japan's Financial Services Agency (FSA) plans to revise the Financial Instruments and Exchange Act to give crypto assets a legal status as financial products, the Nikkei business daily said on Sunday, without citing sources.

Japan to give crypto assets legal status as financial products, Nikkei says

Established with a commitment to advancing technology and enhancing customer satisfaction, Toshiba Elevator (Malaysia) Sdn Bhd stands as a testament to innovation, safety and quality in the elevator and escalator industry, offering state-of-the-art products built with the Japanese ethos of precision and reliability.

Toshiba elevators and escalators: Safety, technology, quality

Success is woven into the very fabric of MCL Land, a property developer with a rich and diverse portfolio of prime residences across Singapore and Malaysia. For decades, the company has been synonymous with innovation, quality and unwavering commitment to crafting homes that epitomise modern luxury.

Curated Ageless Living by MCL Land

KUALA LUMPUR (March 30): Malaysian Foreign Minister Datuk Seri Mohamad Hasan will undertake a humanitarian visit to Myanmar on April 5, following the deadly earthquake that struck central Myanmar on Friday (March 28), killing about 1,700.

Malaysian foreign minister, Thai counterpart to undertake humanitarian visit to Myanmar on April 5

KUALA LUMPUR (March 30): As Myanmar grapples with the heart-wrenching aftermath of a devastating earthquake, Asean has stepped forward as a beacon of hope.

Asean rallies behind Myanmar with swift humanitarian response after devastating quake

KUALA LUMPUR (March 30): Prime Minister Datuk Seri Anwar Ibrahim has called on Muslims to continue fostering strong relationships with people of different races and religions in Malaysia.

PM urges Muslims to uphold mutual respect, compassion in Aidilfitri message

BENGALURU (March 30): A magnitude 7 earthquake struck Tonga on Sunday, the German Research Centre for Geosciences (GFZ) said. The quake was at a depth of 16km (10 miles), GFZ said.

Earthquake of magnitude 7 strikes Tonga islands, German research centre says

KUALA LUMPUR (March 30): The harmony and unity of all strata of society are the foundations of nationhood that must be preserved with extreme care and nurtured to be passed on to future generations.

Unity must be preserved with utmost care, says King, Queen in Aidilfitri message

JAKARTA (March 30): Authorities have urged both the local government and the public to remain vigilant for potential aftershocks, following a 5.4 magnitude earthquake that struck Banda Aceh, the capital of Aceh province, on Sunday morning.

Authorities urge vigilance, calm after 5.4 magnitude quake hits Indonesia’s Banda Aceh

PUTRAJAYA (March 30): The rising trend of individuals declaring bankruptcy voluntarily is becoming a growing concern, signalling that many are struggling with severe financial difficulties.

Insolvency DG warns of rising trend in self-declared bankruptcy

KUALA LUMPUR (March 30): A 5.1-magnitude earthquake struck about 27.4 kilometres (17 miles) north of Mandalay, Myanmar, on Sunday afternoon, following the powerful 7.7 magnitude earthquake that rattled the region two days earlier.

5.1-magnitude aftershock hits north of Mandalay amid series of quakes — USGS

BANGKOK (March 30): The toll from Myanmar's earthquake continued to rise on Sunday, as foreign rescue teams and aid rushed into the impoverished country, where hospitals were overwhelmed and some communities scrambled to mount rescue efforts with limited resources.

SEOUL (March 30): South Korea, China and Japan held their first economic dialogue in five years on Sunday, seeking to facilitate regional trade, as the three Asian export powers brace for&nbsp;US President Donald Trump's tariffs.

South Korea, China, Japan agree to promote regional trade as Trump tariffs loom

BENGALURU (March 30): A magnitude 7 earthquake struck Tonga on Sunday, the German Research Centre for Geosciences (GFZ) said. The quake was at a depth of 16km (10 miles), GFZ said.

KUALA LUMPUR (March 30): As Myanmar grapples with the heart-wrenching aftermath of a devastating earthquake, Asean has stepped forward as a beacon of hope.

BANGKOK (March 30): The Bangkok Metropolitan Administration (BMA) has urged building owners and occupants across the capital to appoint certified inspectors to assess structural integrity and carry out any necessary repairs, reinforcements, or upgrades to ensure public safety.

Earthquake: Bangkok urges building owners to conduct safety inspections

KUALA LUMPUR (March 30): Muslims in Malaysia will celebrate Hari Raya Aidilfitri on Monday (March 31), announced the Keeper of the Rulers’ Seal, Tan Sri Syed Danial Syed Ahmad, on Sunday night.

Muslims in Malaysia celebrate Aidilfitri tomorrow

KUALA LUMPUR (March 30): Three Kuala Lumpur City Hall (DBKL) enforcement officers involved in an altercation with a balloon vendor on Jalan Tuanku Abdul Rahman last Friday (March 28) have been temporarily relieved of their duties.

DBKL officers relieved of duties pending probe into balloon vendor incident

SUBANG (March 30): Fifty members of the Special Malaysia Disaster Assistance and Rescue Team (SMART) left for Naypyidaw, Myanmar, on Sunday morning on a humanitarian aid mission and to participate in the search and rescue (SAR) operations for earthquake victims.

Earthquake: 50 SMART team members leave for SAR mission to Myanmar

KUALA LUMPUR (March 30): Foreign diplomats in Kuala Lumpur have joined Malaysians in celebrating the spirit of Hari Raya Aidilfitri, extending heartfelt greetings and well-wishes through exclusive video messages to Bernama International News Service.

Strengthening bonds: Diplomats share Aidilfitri wishes with Malaysia 

KUALA LUMPUR (March 30):&nbsp;Malaysia has pledged an initial sum of RM10 million in humanitarian aid to support the people of Myanmar who were affected by Friday's devastating earthquake, said Prime Minister&nbsp;Datuk Seri Anwar Ibrahim.

PM: Malaysia pledges RM10m in humanitarian aid for earthquake-hit Myanmar

KUALA LUMPUR (March 30): Malaysian Foreign Minister Datuk Seri Mohamad Hasan will undertake a humanitarian visit to Myanmar on April 5, following the deadly earthquake that struck central Myanmar on Friday (March 28), killing about 1,700.

KUALA LUMPUR (March 30): Police have received three reports regarding a scuffle between Kuala Lumpur City Hall (DBKL) enforcement officers and a balloon hawker in Jalan Tuanku Abdul Rahman (TAR) here, which recently went viral.

Balloon seller scuffle: Police open three investigation papers

KUALA LUMPUR (March 30): All parties are urged to stop and always be mindful of making comments, or expressing views that may lead to tension and disrupt the harmony of the country's multi-racial society.

Dewan Rakyat speaker urges all parties to refrain from making racist comments

BEIJING (March 30): Four of China's largest state-owned banks said on Sunday that they plan to raise a combined 520 billion yuan (US$71.60 billion, or RM317.69 billion) in private placements from investors, including the finance ministry, after Beijing pledged to help them support the economy.

KUALA LUMPUR (March 30): The harmony and unity of all strata of society are the foundations of nationhood that must be preserved with extreme care and nurtured to be passed on to future generations.

TOKYO (March 30): Japan's Financial Services Agency (FSA) plans to revise the Financial Instruments and Exchange Act to give crypto assets a legal status as financial products, the Nikkei business daily said on Sunday, without citing sources.

KUALA LUMPUR (March 30): Prime Minister Datuk Seri Anwar Ibrahim has called on Muslims to continue fostering strong relationships with people of different races and religions in Malaysia.

Lulu Yilun Chen