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ABBANK invests in Backbase to launch digital banking platform with 100% customer migration in 3 months

In a statement, EPF said the recent decision to make a voluntary general offer for MAHB’s shares at RM11 per share as part of a consortium reflects a separate, long-term strategic plan aimed at achieving sustainable growth and returns. — Picture by Yusof Mat Isa

EPF’s investment in MAHB to support dividend payouts

Last week, Nippon Steel and US Steel filed two lawsuits after US President Joe Biden blocked a US$14.9 billion (RM67.15 billion) buyout of the American steelmaker by the Japanese firm. — Reuters pic

Nippon Steel wants to work with Trump administration on US Steel deal, says vice chairman in WSJ op-ed

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Kearney appoints Varun Arora as new Managing Partner for Southeast Asia

In a note, CIMB Securities said this is due to the off-takers for YTL Power’s AI data centres (DCs) being US hyper-scalers, including Nvidia, which are not subject to the limits. — Shutterstock pic

YTL Power expected to attain NVEU status amid new US global AI chip policy, says CIMB Securities

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Arlo Unveils Strategic Partnership with Origin AI to Deliver Advanced Smart Home Security Solutions

The MoU follows the recent appointment of U Mobile as Malaysia’s second 5G network provider. — SoyaCincau pic

U Mobile signs MoU with CIMB to finance 5G network rollout

The SEC said that at the expense of unsuspecting investors, Musk had bought more than US$500 million (RM2.2 billion) of Twitter shares at artificially low prices before finally revealing his purchases on April 4, 2022, by which time he owned a 9.2 per cent stake. — Reuters pic

US SEC sues Elon Musk over late disclosure of Twitter stake

YTL gets green light for Ryt Bank, Malaysia’s first ‘AI-powered’ digital bank in venture with Shopee owner

At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.60 points to 1,580.06 from Tuesday’s close of 1,576.46. — Picture by Ahmad Zamzahuri

Bursa Malaysia opens higher on rebound, supported by buying momentum

At 8 am, the ringgit traded at 4.5000/5080 against the greenback versus 4.5035/5100 at yesterday’s close. — Picture by Miera Zulyana

Ringgit inches higher as US inflation and tariff speculation impact dollar

Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on January 14, 2025. — AFP pic

Meta to lay off 3,600 employees in performance-based cuts

Visitors watch the BYD Yangwang U9 electric vehicle (EV) by Chinese car manufacturer BYD on display at Singapore Motorshow in Singapore on January 9, 2025. — AFP pic

In escalating tech war, US to ban Chinese tech from smart cars

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Allianz Risk Barometer 2025: Business interruption top business risk in Asia

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TDCX Singapore reinforces data privacy commitment with Data Protection Trustmark Certification

A construction site of residential buildings by Chinese developer Country Garden is pictured in Tianjin, China August 18, 2023. — Reuters pic

China’s biggest property developer Country Garden posts losses of US$24.3b in 2023