A Leap Towards Cleaner Economy: Perlis Government to Decide on the Fate of Gaming Outlets
In a firm stand against the gaming and lottery industry, the government of Perlis, a state in Malaysia, has declared its intention not to issue new operating licenses to these…
The Metaverse Manifesto: Zuckerberg’s Vision Versus Apple’s Approach
A distinct divergence in technological perspectives came to light as Meta's CEO, Mark Zuckerberg, recently made some candid comments about Apple's mixed reality gear. He acknowledged Apple's vision for the…
GM and Tesla Collaboration: Driving Electrification Forward with Shared Superchargers
In a move that heralds cooperative competition in the electric vehicle (EV) industry, Tesla has agreed to open up its expansive North American charging network to rival General Motors (GM).…
Standard Chartered Accelerates Cost-Cutting with Global Layoffs Amid Rising Profits
The trend of job cuts in the banking sector persists, with Standard Chartered becoming the latest institution to follow suit. This move comes in the wake of similar actions from…
US Household Wealth Rebounds in Q1 2023: Stocks and Treasuries as Key Drivers
In Q1 2023, a notable rebound in US household wealth was reported, marking the highest value in the last year. The resurgence was majorly driven by the stock market bouncing…
Cryptocurrency in the UK: Facing the Heat of Enhanced Regulatory Scrutiny
The UK's Financial Conduct Authority (FCA) has amplified its regulatory stance on cryptocurrency, implementing robust measures to safeguard consumers. This move comes in the wake of frequent criticism of the…
Ringgit’s Recovery: A Leap against the Faltering US Dollar Amid Unexpected Data Release
The Malaysian ringgit experienced a robust recovery against the US dollar in today's opening trade, attributed to the unexpected slip in the US currency due to a surge in initial…
Boost for Consumer Sector as Malaysia Ends Chicken and Egg Price Control: A Deeper Look into Market Dynamics
MIDF Research has reiterated its bullish stance on Malaysia's consumer sector, in light of the government's decision to revoke price ceilings on chicken and eggs from July 1, 2023. The…
The Binance.US Shift: From Fiat to Crypto-Only Amid Regulatory Onslaught
In the face of escalating regulatory scrutiny, Binance.US, the American offshoot of the global cryptocurrency exchange giant, Binance, has announced its suspension of U.S. dollar deposits. The company's banking partners are…
WhatsApp Introduces ‘Channels’: A Step Towards One-to-Many Broadcasting Amid Rising Discontent with Twitter
WhatsApp, owned by Meta Platforms Inc., has rolled out a new feature, 'Channels', allowing selected organizations to broadcast content directly to their followers. The development comes as various entities grapple…
Australia’s Economy Teeters on the Edge of Recession Amid RBA’s Inflation Taming Efforts
The Australian economy is at heightened risk of plunging into a recession following unexpected moves by the Reserve Bank of Australia (RBA) to address rampant inflation, thereby signaling a shift…
Instagram’s Forthcoming AI Chatbot: Interactive, Personalized, and Potentially a Game-Changer
Instagram, a leading social media platform, is soon to introduce an AI-powered chatbot that promises to revolutionize the way users interact on the platform. This progressive development in the integration…
Pioneering New Horizons: ASEAN 5 and BNM Collaborate for Cross-Border Payment Revolution
Bank Negara Malaysia (BNM) and ASEAN 5, a coalition comprising Indonesia, Philippines, Singapore, Thailand, and Malaysia, have embarked on a groundbreaking endeavor, Project Nexus, designed to streamline cross-border payments. This…
Stepping into the Virtual Vanity: The Inaugural Metaverse Beauty Week Revolutionizes the Beauty Industry
Unveiling a fresh phase in the beauty industry, the inaugural Metaverse Beauty Week is set to enthrall audiences from June 12th to 17th, 2023. Hosted across several digital platforms, including Decentraland,…
Zomato Retracts Controversial ‘Kachra’ Campaign Amidst Online Backlash
In a recent unfolding of events, Zomato, the well-known restaurant aggregator, pulled the plug on its 'Kachra' ad campaign this Thursday due to escalating criticism from the online community. The…
