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Bursa Malaysia trend lowers ahead of US Federal reserve decision
KUALA LUMPUR: Bursa Malaysia was trending lower today as traders stayed mostly on the sidelines ahead of the US' Federal Reserve's decision on interest rates on Dec 18, 2024.
The US Fed is widely expected to cut rates by another 25 basis…
Schools targeted with AI learning apps despite experts’ doubts
PARIS: Apps infused with AI are being marketed to schools across the world and governments are rushing to embrace the technology, despite experts raising serious doubts.
The sector known as Ed Tech exploded during the Covid pandemic as…
Bitcoin surges above US$106,000 on strategic reserve hopes
Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from President-elect Donald Trump that suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve.…
Thai PM given official welcome to Malaysia
PUTRAJAYA: Thailand’s Prime Minister Paetongtarn Shinawatra, who is on a two-day official visit to Malaysia, was given an official welcoming ceremony at Dataran Perdana on Monday.
Paetongtarn and her husband Pitaka Suksawat, who arrived in…
Ringgit up marginally against US dollar in early trade
KUALA LUMPUR: The ringgit opened marginally higher against the US dollar in early trade on Monday with the local currency anticipated to remain soft as investors await the Federal Open Market Committee’s 2025 quarterly economic…
Batik Air launches KL-Alor Star daily flights
ALOR STAR: Batik Air officially launched its direct flight between Kuala Lumpur and Alor Star yesterday, after being postponed from its initial Dec 5 date due to the recent flooding in Kedah.
Present to welcome the arrival of the Boeing…
Broadcom forecasts Q1 revenue above estimates on strong AI chip demand
Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom artificial intelligence chips in the next few years.
Shares of the Palo Alto, California-based company were up 14% in…
Canada proposed $15 billion incentive to boost AI green data centre investment, Globe and Mail…
(Reuters) - Canada's federal government has considered making up to $15 billion available as an incentive to encourage major domestic pension funds to invest in AI data centres powered by green energy, the Globe and Mail reported on…
Factbox-How Trump’s new FTC chair views AI, Big Tech
(Reuters) - Andrew Ferguson, President-elect Donald Trump's pick to chair the U.S. Federal Trade Commission, has expressed the desire to go after Big Tech companies while taking a hands-off approach to regulating artificial intelligence.…
Texas probes tech platforms over safety and privacy of minors
WASHINGTON (Reuters) - Texas Attorney General Ken Paxton said on Thursday his office launched investigations into over a dozen technology platforms over their privacy and safety practices for minors.
Those being probed included artificial…