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Jiuzhang Quantum Computing Device Achieves Groundbreaking Breakthrough in AI Speed

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Jiuzhang, a quantum computing device developed by scientists in China, has achieved a significant breakthrough in the field of artificial intelligence. According to researchers,...

Industrial Shares Gain Strength: Stock Market Rally Broadens

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Industrial shares are displaying remarkable strength as the evidence of a broadening stock market rally emerges. Analysts are filled with optimism about the potential...

US Economy Teetering on the Edge: Biden’s Spending Policy Sinks Nation into Recession

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The US Economy is on the brink of recession, brought on by a reckless spending policy of the Biden Administration. Notable figures like Bank of America CEO Brian Moynihan and Federal Reserve Chairman Jerome Powell have voiced their concerns.
Malaysian banks rating intact despite US bank failures – RAM Ratings

Malaysian banks rating intact despite US bank failures – RAM Ratings

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The bankruptcy of the Silicon Valley Bank (SVB) and two other smaller banks last week has little bearing on the ratings of Malaysian institutions,...
Silicon Valley Bank SVB run exposes rifts in venture capital world

Silicon Valley Bank SVB run exposes rifts in venture capital world

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SAN FRANCISCO: The failure of Silicon Valley Bank (SVB) has exposed differences within the typically close-knit venture capital (VC) industry. With some investors blaming...
Singapore bank stocks hit by Credit Suisse crisis

Singapore bank stocks hit by Credit Suisse crisis

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SINGAPORE: Local bank stocks fell when the market started yesterday morning. Due to concerns that the crisis enveloping Switzerland’s second-largest bank and a succession...
TM, ZTE Malaysia team up to build hybrid cloud 5G core network

TM, ZTE Malaysia team up to build hybrid cloud 5G core network

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KUALA LUMPUR: To create a hybrid cloud 5G core network, Telekom Malaysia Bhd (TM) and ZTE (M) Corp Sdn Bhd have partnered. TM and...
MBSB Bank, Prec ink pact to drive cashless business transactions among SMEs

MBSB Bank, Prec ink pact to drive cashless business transactions among SMEs

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PKNS Real Estate Sdn Bhd (Prec) and MBSB Bank Bhd (MBSB) have signed a memorandum of understanding (MoU) to work together. To promote cashless...
South Korea chip inventory climbs the fastest in 27 years

South Korea chip inventory climbs the fastest in 27 years

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In January, South Korea’s semiconductor inventory increased at its quickest rate in in 27 years. Highlighting a protracted tech recession that is holding back...
EV-related stocks advance after Tesla gets approval to import electric vehicles into Malaysia

EV-related stocks advance after Tesla gets approval to import electric vehicles into Malaysia

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KUALA LUMPUR: Following the Ministry of International Trade and Industry’s (Miti) approval of Tesla’s application to import battery electric vehicles (BEVs) into Malaysia. The...
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