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A critical issue is how much equity in OpenAI’s new for-profit business Microsoft will receive in exchange for the more than US$13 billion it has invested in the company to date, the report said. — Reuters pic

OpenAI, Microsoft in talks to reshape US$13b deal ahead of potential IPO, FT reports

A view of the headquarters of Chinese EV battery maker CATL (Contemporary Amperex Technology Co, Limited) in Ningde, in south-east China’s Fujian province on November 15, 2024. — AFP pic

Chinese EV battery giant CATL aims to raise US$4b in Hong Kong’s biggest IPO of 2025, despite US military link claim

US Secretary of the Treasury Scott Bessent and US Trade Representative Jamieson Greer address the media after trade talks with China in Geneva, Switzerland, May 11, 2025. — Keystone/EDA/Martial Trezzini handout pic via Reuters

US, China inch toward trade thaw in Geneva after tariff war hits fever pitch

In terms of supporting the domestic economy, Ishiba said that the government needs to think carefully about a mooted reduction in consumption tax. — Reuters pic

Japan PM Ishiba reiterates call to eliminate all tariffs with US

The ringgit ended the week weaker against the US dollar, closing at 4.2970/3005, from 4.2560/2600 the preceding week. — Picture by Shafwan Zaidon

Analysts say no relief for ringgit yet next week as traders brace for economic data blitz

On a Friday-to-Friday basis, the key index gained 4.01 points to 1,546.50 from 1,542.49 a week earlier. — Picture by Yusof Mat Isa

Market mood brightens with Bursa set to climb higher next week, analysts say

Major shipping lines have scaled back Asia-US routes amid the fallout from Trump’s tariffs, signalling a sharp decline in trade activity. — Reuters pic

Container shipping firms cull Asia-US service, Trump tariffs collapse trade

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InvestHK promotes Hong Kong as Asia's business launch pad in Eastern Europe and Middle East

US Secretary of Treasury Scott Bessent leaves his hotel to a meeting with China's officials on tariffs in Geneva, on May 10, 2025. Senior US and Chinese officials are in Switzerland this weekend for talks aimed at de-escalating a burgeoning trade war sparked by President Donald Trump's sweeping tariff rollout, and fueled by strong retaliatory measures from Beijing. — AFP pic

US and China hold key talks in Geneva in bid to ‘de-escalate’ trade war

People shop at a souvenir store during the five-day Labour Day holiday in Shanghai May 4, 2025. — Reuters pic

China's bid to revive economy stalled by consumption slump as trade war bites

A billboard showing the national debt in Washington, DC on April 17, 2023. There is a ‘reasonable probability’ the US will hit its borrowing limit in August when Congress is in recess, US Secretary of Treasury Scott Bessent said on May 9, 2025, calling on lawmakers to act. — AFP pic

US nears US$36t debt ceiling in August, Treasury chief urges urgent action to prevent default

Texas secures US$1.38b settlement with Google over user tracking and data privacy violations

US President Donald Trump sits inside the Oval Office of the White House, in Washington, D.C. May 9, 2025. — Reuters pic

Ahead of China-US talks, Trump says 80pc tariff ‘seems right,’ pushes for concessions ahead of negotiations

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First Phosphate Announces Intention to Complete $1,000,000 Non-Brokered Private Placement

If you’re a TNG eWallet user, you must complete your eKYC process by December 20, 2024 to ensure seamless and full access to your eWallet. –– SoyaCincau pic

Malaysia expands TNG eWallet access for Asean tourists ahead of Visit Malaysia 2026

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Galaxy Macau Unveils World’s Largest Bentley Flying Spur Mulliner Fleet, Elevating Guest Experiences to New Levels of Luxury