Touch ’n Go Group has called for stronger collaboration among mobility, financial services, technology and regulatory sectors to strengthen the resilience of services that Malaysians rely on to travel, make payments and access digital financial services.

TNG Group calls for stronger cross-sector collaboration to safeguard mobility, payment resilience

The Madani government is finalising follow-up measures to address the concerns of local micro, small and medium enterprises (MSMEs) affected by competition from foreign e-commerce platforms, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt to address MSME concerns over foreign e-commerce competition, says PM 

Singapore’s major financial institutions pledged to train more than 80,000 local employees in artificial intelligence (AI) skills as the country moves to cushion white-collar workers from potential job disruption.

Singapore’s finance firms to train 80,000 staff in AI skills, says deputy PM

US e-commerce retailer Amazon will invest US$3 billion (RM12.2 billion) to expand its India quick commerce business by 2030, two sources said, its biggest bet yet on a sector where rivals have raced ahead by popularising deliveries within minutes.

Amazon bets US$3b on India's fast-delivery boom — Reuters

Alipay+'s proposal to link with India's instant payments system for cross-border transactions has been stalled due to national security concerns in New Delhi and questions about the storage and use of customer data, three sources familiar with the discussions said.

India stalls Alipay+ payments link over security, data concerns — Reuters

Singapore has earmarked S$220 million (US$173 million or RM696.23 million) over three years to fund financial technology and innovation, as it seeks to stay competitive with other rival hubs including Hong Kong that are also investing in this area.

Singapore plans US$173 mil in fintech funding over three years

Axiata Group Bhd's fintech arm is valued at US$340 million after securing a US$20 million (RM81.7 million) investment from the International Finance Corp.

Boost Holdings still on the hunt for capital after World Bank's IFC investment  — Axiata

A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal Holdings Inc, a potential deal that would have ranked as one of the biggest-ever leveraged buyouts, according to people familiar with the matter.

Advent, Stripe abandon US$50 bil pursuit of fintech pioneer PayPal — Bloomberg

Standard Chartered plc expects rebalancing of its global headcount due to the adoption of artificial intelligence (AI) but sees hiring growing in markets such as India, home to its largest global capability centres.

StanChart expects Indian tech hub roles to grow as AI expands

Rakuten Group Inc earned its first quarterly net income in six years thanks to surging growth in its financial technology (fintech) and e-commerce segments.

The Japanese online shopping mall operator reported a net income of ¥7.7 billion (US$49 million or RM199 million) in the three months ended in June, up from a ¥50.96 billion loss a year ago. Analysts on average expected a loss of ¥19.16 billion.

Rakuten earns first profit in six years with fintech boost

Malaysia ranks among the top three global markets for artificial intelligence (AI) adoption in finance, but over half of the country's high-net-worth investors still prefer a hybrid approach that integrates AI with human expertise when making financial decisions, according to HSBC.

HSBC: 85% of Malaysian investors use AI for finance, but most still prefer human guidance

The European Commission said on Friday it had charged Chinese online retailer Temu with not cooperating with investigators during a December raid on its European headquarters in Dublin as part of a subsidy investigation.

Temu hit with EU charges for not cooperating in December raid

Mastercard posted a rise in second-quarter profit on Thursday, boosted by robust transaction volumes driven by steady consumer spending.

Mastercard profit jumps as stable spending drives transaction volumes

GoTo Group reported its second consecutive quarter of net income, boosting the Indonesian ride-hailing and food delivery company’s efforts to navigate a challenging consumer market and a looming cut to ride-hailing commissions.

GoTo posts second straight profit after cost cuts kick in

KUALA LUMPUR (Sept 27): The Malaysian Anti-Corruption Commission (MACC) has started an investigation into losses incurred by UiTM Holdings Sdn Bhd in 2023.

MACC probes UiTM Holdings’ losses, RM42 mil solar project payment

BHUBANESWAR, India/KATHMANDU (Sept 27): Heavy rain and storms have triggered floods and landslides across parts of India and neighbouring Nepal, killing at least 19 people and leaving 10 workers missing as rivers rose above danger levels, authorities said.

Floods, landslides kill 15 in India, four in Nepal as rivers rise

KUALA LUMPUR (Sept 27): Barisan Nasional (BN) will finalise the form of political cooperation and the logo to be used for the Melaka state election after completing discussions with the relevant party leaders this week, said its chairman Datuk Seri Dr Ahmad Zahid Hamidi.

Melaka polls: BN to finalise political cooperation, logo this week — Ahmad Zahid

ZURICH (Sept 27): Swiss voters will decide on Sunday whether to approve a more restrictive form of neutrality that would block their ​country from imposing economic sanctions or cooperating with Nato.

Swiss vote on tightening neutrality rules, ending peacetime cooperation with Nato

KUALA LUMPUR (Sept 27): Barisan Nasional (BN) chairman Datuk Seri Dr Ahmad Zahid Hamidi will hold a special meeting on Sunday night with assemblymen from the parties forming the Negeri Sembilan government to seek a solution to the political crisis in the state.

Zahid to meet Negeri Sembilan BN, PAS, Wawasan assemblymen tonight

BANGKOK (Sept 27): Floodwaters receded in many parts of the Thai capital Bangkok on Sunday after torrential rain eased, even as residents in some flooded neighbourhoods remained stranded in their homes.

The Bangkok Metropolitan Administration (BMA) declared the capital a disaster-affect...

Bangkok floodwaters recede after torrential rain as residents count losses

TAIPEI (Sept 27): The US "very much" understands Taiwan's defence needs and the severe military threat it faces from China, a senior Taiwanese diplomat said on Sunday, following a Washington summit between the US and Chinese leaders.

US 'very much' understands Taiwan's defence needs, Taipei official says

KUALA LUMPUR (Sept 27): A signalling system disruption between Kalumpang and Kuala Kubu Bharu on Saturday (Sept 26) left KTM Komuter and ETS services delayed by up to five hours.

Signalling disruption caused up to five-hour delays for KTM Komuter, ETS

(Sept 27): China and the US have the ability and responsibility to manage and develop artificial intelligence, according to a post published Sunday by Yuyuantantian, a social media account affiliated with state broadcaster China Central Television.

China state media says US shares responsibility for managing AI

BUTTERWORTH (Sept 27): The police will summon former Negeri Sembilan state executive council (exco) members starting Monday (Sept 28) and the day after to record their statements, to assist the investigation into the administrative and royal institution crisis in the state following several police reports lodged regarding the matter.

IGP: Police to record statement of former Negeri Sembilan exco

BANGI (Sept 26): Prime Minister Datuk Seri Anwar Ibrahim emphasised that the government abides by the spirit of the Federal Constitution and the decision of the Yang di-Pertuan Agong regarding the case involving former prime minister Datuk Seri Najib Tun Razak.

Najib's conditional pardon: Country cannot tolerate corruption or act of plundering national wealth, says PM

KUALA LUMPUR (Sept 27): In this week’s cover story of City &amp; Country, we talk to Country Garden Pacificview Sdn Bhd (CGPV) executive director and chief of regional industrial business development Kevin Li and regional vice-president Syarul Izam Sarifudin on the latest update of Forest City, as well as the company’s future game plan for the 7,500-acre development in Johor.

Standing firm at Forest City

WE, the members of G25, are deeply disturbed by the unprecedented attempts to remove His Royal Highness Tuanku Muhriz Tuanku Munawir as the Yang di-Pertuan Besar of Negeri Sembilan, and by the extraordinary events that have followed.&nbsp;

Opinion: G25 statement on the rule of law in Negeri Sembilan

BENGALURU (Sept 27): Boeing has identified a previously undisclosed 737 MAX software glitch that could cause an automated navigation feature to fail during landing, the Wall Street Journal reported on Saturday, citing company documents.

The issue emerged from a cockpit software...

Boeing flags 737 MAX software glitch affecting landing navigation feature, WSJ reports

NEW YORK (Sept 27): The veto power of the United Nations Security Council (UNSC) must be challenged and ultimately abolished to address the Council’s failures, Malaysian Foreign Minister Datuk Seri Mohamad Hasan said.

He said expanding the Council’s membership alone would not be enough ...

UNSC veto must be challenged, abolished – Mohamad Hasan

PUTRAJAYA (Sept 27): Family members of the 55 Malaysians who remain missing following the glacial flash flood incident in Nepal arrived at Wisma Putra as early as 9am on Sunday to meet with government representatives regarding the latest updates on the search efforts for their loved ones.

Families of 55 missing Malaysians in Nepal attend Wisma Putra briefing

WASHINGTON/UNITED NATIONS/CAIRO (Sept 27): Iran on Sunday insisted that only diplomacy can solve its conflict with the United States and Israel after US President Donald Trump said he rejected an Iranian proposal to reopen the Strait of Hormuz and end fighting.

Iran insists on diplomatic solution after Trump rejects peace plan

BUTTERWORTH (Sept 27): The police will summon former Negeri Sembilan state executive council (exco) members starting Monday (Sept 28) and the day after to record their statements, to assist the investigation into the administrative and royal institution crisis in the state following several police reports lodged regarding the matter.

KUALA LUMPUR (Sept 27): Quill Group of Companies Sdn Bhd and China Mobile International (Malaysia) Sdn Bhd (CMI) have signed a memorandum of understanding (MOU) to jointly explore opportunities in artificial intelligence (AI) digitalisation and data centres in Malaysia.

Quill Group, China Mobile International to explore AI, data centre opportunities in Malaysia

In keeping with the adage that history never repeats itself but often rhymes, I suspect that we could soon see developments in international macroeconomic policy for which there are clear precedents. As with the Plaza Accord in 1985, when the United States and four of its major trading partners agreed to coordinate policies to weaken the US dollar, a new agreement to address today’s global imbalances has become increasingly necessary.

The Emerging World: China’s External Surplus Makes a “Mandarin Accord” Inevitable

KUALA LUMPUR (Sept 27): The name John Heah might not instantly be on everyone’s lips when it comes to the topic of built spaces, but the designs dreamed up by the Penang-born, London-based principal and owner of architectural firm Heah &amp; Co have been bewitching jet-set travellers and luxury e...

Of space + style

KUALA LUMPUR (Sept 27): Six areas recorded unhealthy Air Pollutant Index (API) readings as of 9am on Sunday.

Six areas record unhealthy API readings at 9am, Johor worst hit

(Sept 27): Under the shadow of Beijing’s single-minded focus on artificial intelligence, China’s consumer stocks are trapped in a lost decade.

China’s consumer stocks face lost decade as AI steals spotlight

MELAKA (Sept 27): Pakatan Harapan (PH) Melaka has confirmed that it has completed seat allocations among its state-level component parties for the upcoming Melaka state election.&nbsp;

Melaka seat allocation completed, PH Presidential Council to finalise, says Adly Zahari

(Sept 27): Saudi Aramco has hired Evercore Inc&nbsp;to advise on a major restructuring that would create a standalone gas division and open the door to a potential future listing of the unit, according to people familiar with the matter.&nbsp;

Saudi Aramco said to work with Evercore on gas unit plans — Bloomberg

NEW YORK (Sept 27): The Global South must have a meaningful role in shaping decisions on artificial intelligence (AI) rather than merely becoming a destination for data centres, Malaysian Foreign Minister Datuk Seri Mohamad Hasan said.

He said AI was transforming economies, societies an...

Global South must have greater say in AI governance, says Mohamad Hasan

KUALA LUMPUR (Sept 27):&nbsp;A signalling system disruption between Kalumpang and Kuala Kubu Bharu on Saturday (Sept 26) left KTM Komuter and ETS services delayed by up to five hours.

(Sept 27):&nbsp;South Korea’s excess tax revenue may exceed 50 trillion won (US$37 billion) this year, according to a Yonhap News report, reflecting factors including a stronger-than-expected semiconductor cycle.

South Korea tax windfall seen above 50 tril won — Yonhap

WASHINGTON (Sept 26): The US Transportation Department on Monday will finalise sharply lower vehicle fuel economy standards through 2031, reversing a push by the Biden administration ​to force automakers to build more electric vehicles, officials said on Saturday.

US to finalise sharply lower vehicle fuel economy standards

BANGKOK (Sept 27): Floodwaters receded in many parts of the Thai capital Bangkok on Sunday after torrential rain eased, even as residents in some flooded neighbourhoods remained stranded in their homes.

The Bangkok Metropolitan Administration (BMA) declared the capital a disaster-affect...

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