FOR the second time in three months, US graphics chip giant Nvidia Corp reported a blowout quarterly earnings on Aug 23. The company is benefiting from an insatiable demand for artificial intelligence (AI) chips.

The demand is coming not just from firms that are trying to take advantage...

Tech: What’s next for Nvidia and the ongoing AI boom

IN what appears to be his last act as the attorney-general, Tan Sri Idrus Harun instructed his officers to apply for a discharge not amounting to an acquittal (DNAA) of all 47 charges against Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi for dishonest misappropriation of RM31 million belong...

Court: Zahid’s DNAA sparks firestorm

IN the early years of scan-to-pay, before Covid-19 struck, Boost Holdings Sdn Bhd was the trailblazer in the e-wallet space but it was outshone by other players when the pandemic’s social-distancing requirement accelerated the adoption of contactless payment throughout the country.

Grou...

Boost’s brownfield lending business sets foundation for digital banking path to profitability

IT would appear that defeatism does not exist in DAP secretary-general Anthony Loke Siew Fook’s playbook.

Not when the results of the 15th general election (GE15) and the recent six state elections (PRN15) showed that Malay voters were still largely averse to the multiracial but Chinese...

Cover Story: Evaluate us not based on colour and political background, but our performance, says Loke

THE government will not interfere in commercial decisions made by government-linked companies (GLCs), but their boards of directors and management must be held accountable for their actions, says Minister of Transport Anthony Loke Siew Fook.

The recent suspension of Malaysia Airports Ho...

Cover Story: Government to stay out of GLCs’ commercial decisions but board and management must be held accountable

ANTHONY Loke Siew Fook wears many hats. The Minister of Transport is not only the secretary-general of DAP but also the member of parliament for Seremban and state assemblyman for Chennah in Negeri Sembilan.

And when Umno president and Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi...

Cover Story: improving connectivity for all Malaysians

Combating financial crime and money laundering is a cornerstone of a broader agenda to fight organised and serious crime by depriving criminals of their ill-gotten gains. Apart from prosecuting those who assist in the laundering of such proceeds, a number of strategies can be employed to recover ...

my Say: The evolution of money laundering; staying one step ahead

The flurry of diplomatic activities in the past few months is reflective of a kind of shaky equilibrium that is forming in the contestation between the US and China. In this evolving landscape of big power frictions that fall short of outright military clashes, Southeast Asia’s leaders will have ...

my Say: Southeast Asia learns to cope with Big Power contention

THE share prices of some Sarawak-based companies have been rising in recent months, including that of diversified group Naim Holdings Bhd and its subsidiary Dayang Enterprise Holdings Bhd, which controls Perdana Petroleum Bhd.

Naim’s share price hit an intra-day high of 97.5 sen on Sept...

Naim and related companies climb, spurring speculation of a corporate exercise

SHARES in Aeon Co (M) Bhd have lost a quarter of their value since early this year and are now trading at a 2½-year low, in line with the decline in its earnings. The drop in the share price far exceeds the Bursa Malaysia Consumer Product Index’s 4.8% fall over the same period.

The reta...

Spotlight on Aeon as share price on declining trend 

THE owners of the 25-year-old Suria KLCC mall in Kuala Lumpur do not appear overly concerned about the upcoming mall openings and the addition of sizable retail space in the capital. Neither are they worried about the global economic uncertainty.

This confidence stems from the mall havi...

Suria KLCC remains upbeat despite looming competition and economic uncertainty

THE low level of retirement savings among Malay and other bumiputera private sector wage earners compared with their fellow Malaysians of Chinese and Indian ethnicity recently made headlines when lawmakers provided such numbers in parliament when arguing against more premature withdrawals of stat...

Why policy takeaway is not Chinese have the most and bumiputeras the least EPF savings and income

ALTHOUGH banks’ net interest margin (NIM) pressures are expected to ease somewhat in the second half of the year, analysts see 2H2023 earnings coming in largely similar to that of 1H2023, growing global macroeconomic headwinds notwithstanding.

Managing NIM compression was easily the big...

Banks’ 2H earnings may be similar to 1H despite easing of NIM pressure 

The steady fall of Umno-led Barisan Nasional (BN) from power, stretching from 2008 to 2018, and its ability to remain in government thereafter in one role or another tells an incredible tale that could not have been predicted and that still leaves most pundits confounded.

Some of the im...

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