<div class=newsTextDataWrapInner><p>BEIJING (Aug 25): Alibaba chairman Joe Tsai purchased another 720,000 Hong Kong-listed shares of the company on Tuesday, two days after the Chinese e-commerce and cloud computing giant launched a heavily discounted HK$80-billion (US$10.2 billion or RM41.2 billion) share sale to fund its AI ambitions.</p></div>

<div class=newsTextDataWrapInner><p>Tsai bought the stocks at an average price of HK$113.47 (US$14.48) for a total of approximately HK$82 million, a stock exchange filing showed.</p></div>

<div class=newsTextDataWrapInner><p>With this purchase, Tsai and CEO Eddie Wu have purchased in aggregate over HK$200 million worth of shares over the past two days.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Alibaba founder Jack Ma has increased his holdings of the company's Hong Kong-listed shares by more than HK$600 million as a vote of confidence in the company's AI prospects, state-backed Chinese media <i>STAR Market Daily</i> reported on Tuesday, citing unnamed sources.</p></div>

<div class=newsTextDataWrapInner><p><i>Uploaded by Magessan Varatharaja</i></p></div>


Alibaba chairman Joe Tsai purchased another 720,000 Hong Kong-listed shares of the company on Tuesday, two days after the Chinese e-commerce and cloud computing giant launched a heavily discounted HK$80-billion (US$10.2 billion or RM41.2 billion) share sale to fund its AI ambitions.

Alibaba chair buys another 720,000 company HK shares

KYIV/WASHINGTON (Oct 11): US President Donald Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday that he said was "effective immediately", but Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal.

Trump announces Ukraine energy ceasefire with Russia, surprising Zelenskiy

SINGAPORE (Oct 12): Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply deal with Moscow.

Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies

DUBAI/RIYADH (Oct 11): One person was killed and nearly a dozen hurt in a new attack Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Iran-aligned Houthis that killed 13 people and wounded more than 300.

One dead in new attack on Saudi airport, a day after Houthi strike kills 13

US President Donald Trump’s Libe­ration Day tariffs, first unveiled in April 2025, triggered a barrage of near-uniform criticisms from economists and trade experts.

Tong's Portfolio - Trump’s tariffs: Why the inflation shock never came

SYDNEY (Oct 12): Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy after strikes on shipping and airports in the Gulf.

Shares cautious in Asia as earnings loom, oil slips

YOUR DAY AHEAD: Oct 12, 2026

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As the Johor-Singapore Special Economic Zone (JS-SEZ) moves from policy to implementation, Forest City’s two emerging growth engines — industrial investment and the single-family office (SFO) ecosystem — are gaining traction.

FROM ENQUIRIES TO DEALS: FOREST CITY’S INDUSTRIAL PARK AND FINANCIAL ZONE GATHER PACE

The Merdeka 118 Precinct is taking shape as more than a new destination in Kuala Lumpur. At its heart is a world-class precinct anchored on Malaysian heritage, bringing together culture, commerce, retail, hospitality and tourism within one destination.

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Nestled in an exclusive enclave on Jalan Ampang’s Embassy Row is Cappella Embassy, formerly known as D’Rapport Residences.

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<p>SYDNEY (Oct 12): Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy after strikes on shipping and airports in the Gulf.</p>


<p>Here's a heads up on what to look out for today.</p>


<p>Bond markets are starting to do some of the lifting for central banks around the world by pushing up borrowing costs themselves, potentially reducing the number of benchmark interest-rate hikes needed to get inflation under control.</p>


Bond selloff may mean fewer rate hikes from global central banks

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<p>Alphaswift Industries Sdn Bhd is the only drone maker among the Malaysian companies given access to British chip architect Arm Holdings plc’s chip design technology, and it plans to design its own chip as it builds towards passenger flight.</p>

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<p>Bond traders are looking to the latest consumer-price inflation figures and a planned appearance by Federal Reserve Chairman Kevin Warsh for insight into how quickly the central bank will continue raising interest rates.&nbsp;</p>


US bond traders await CPI, Warsh for insight on Fed’s rate path

<p>Mall developers need to incorporate telecommunications infrastructure at the planning stage as growing demand for digital payments, artificial intelligence (AI) applications and 5G services puts greater pressure on indoor connectivity, says EdgePoint Towers Sdn Bhd.</p>

<p>Planning fibre pathw...

Infrastructure: Mall developers urged to plan early for 5G-ready connectivity

<p>US President Donald Trump’s Libe­ration Day tariffs, first unveiled in April 2025, triggered a barrage of near-uniform criticisms from economists and trade experts.</p>


<p>Conversations around social entrepreneurship often focus on funding, but a bigger challenge for founders is moving from building businesses that look for customers to creating products and services that customers are actively looking for, says Ahmad Azuar Zainuddin, CEO of Satu Creative Services ...

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<p>DUBAI/RIYADH (Oct 11): One person was killed and nearly a dozen hurt in a new attack Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Iran-aligned Houthis that killed 13 people and wounded more than 300.</p>


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<h3><span style="color:#e74c3c;">Malaysia’s daily multimodal&nbsp;AI use to reach 43% by 2030</span></h3>

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<p>KYIV/WASHINGTON (Oct 11): US President Donald Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday that he said was "effective immediately", but Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal.</p>


<p>IIMMPACT Sdn Bhd began in 2018 as a consumer app that allowed users to pay different bills through a single platform, but the business changed direction after struggling to retain customers as larger e-wallet operators expanded.</p>

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Platform-as-a-service: IIMMPACT builds bill payment business after consumer app pivot

<p>Not every photo needs to end up on a social media feed. Some are simply reminders of an ordinary day, whether it is a meal between classes, a funny moment with friends or a quick snapshot taken on the way home.</p>

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Listicle: Apps for the moments you don’t post

<p>SINGAPORE (Oct 12): Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply deal with Moscow.</p>
