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The Edge Malaysia is Malaysia's leading financial news organisation, committed to reporting the truth with independence and integrity. Our flagship publication, The Edge, provides authoritative and analytical content on corporate, investment, and economic issues, as well as news on real estate, digital technology, and
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News
Xi pushes 'Greater BRICS' economic ties to give bloc larger global role
12+ hour, 2+ min ago (470+ words) NEW DELHI/SHANGHAI (Sept 13): Chinese President Xi Jinping unveiled on Sunday initiatives in areas ranging from AI to trade to deepen cooperation among the "Greater BRICS" emerging economies, as Beijing seeks to weld the grouping into a practical platform for…...
Chinese AI firm Moonshot to explore dual Hong Kong and Shanghai IPOs — Reuters
3+ day, 11+ hour ago (284+ words) (Sept 10): Beijing-based AI start-up Moonshot is considering dual listings in Hong Kong and Shanghai to boost fundraising and exposure, the South China Morning Post reported on Thursday, citing two people familiar with the matter. The developer of the Kimi large…...
Opinion: A US-China détente is not peace — but Asean should make it pay
3+ day, 10+ hour ago (350+ words) That would be welcome. From Southeast Asia, however, the question is what kind of order their accommodation would create — and whether Asean would shape it or merely live with the consequences. US-China history supports caution. Escalations have repeatedly been followed…...
US trial against China's Huawei opens with prosecutor calling the company a criminal enterprise
3+ day, 13+ hour ago (652+ words) NEW YORK (Sept 10): A US prosecutor described China's Huawei as a criminal enterprise that stole from American companies to build its telecommunications empire, as the trial against the tech giant kicked off in Brooklyn federal court on Wednesday. "Theft, lies,…...
Louis Vuitton loses sales in China after tea logo case backlash
3+ day, 13+ hour ago (611+ words) (Sept 10): In June last year, Louis Vuitton opened a huge cruise ship-shaped store in the swanky Jing’an neighbourhood of Shanghai. The inauguration drew crowds, with the star-studded invitee list including popular actors like Lin Yi and Gong Jun, the brand’s…...
Huawei lifted prices for its best AI chip by 60% this summer
3+ day, 13+ hour ago (163+ words) (Sept 10): Huawei Technologies Co has notified some clients that it’s significantly increasing the prices of its most advanced AI accelerators, reflecting how demand is rapidly outstripping supply during the data centre boom. Huawei’s decision underscores growing demand for a Chinese…...
HE Group bags RM25 mil power distribution system works for NAND flash manufacturer
3+ day, 13+ hour ago (200+ words) KUALA LUMPUR (Sept 10): HE Group Bhd (KL:HEGROUP) has secured a purchase order worth an estimated RM25 million for power distribution system works for a manufacturer of NAND flash memory products in Malaysia. In a bourse filing, the electrical engineering services…...
China's EV penetration could reach 80% by 2030, Sinopec researcher says
3+ day, 14+ hour ago (243+ words) SINGAPORE (SEpt 10): China's electric vehicle penetration rate is expected to continue rising, albeit at a slower pace toward the end of the decade, to reach 75% to 80% by 2030, a researcher at state oil company Sinopec said on Thursday. The continued growth…...
Weak Southeast Asia bond auctions offer buying chance, funds say
3+ day, 18+ hour ago (311+ words) (Sept 10): Sluggish demand at Southeast Asian bond auctions is creating entry points for fund managers drawn to the region’s economic resilience. Western Asset Management and Aberdeen Investments are among institutional investors maintaining an upbeat view on the region, citing domestic…...
Global goods trade strengthening despite tariffs, Middle East tensions, WTO says
4+ day, 5+ hour ago (269+ words) GENEVA (Sept 9): Global trade in goods has strengthened from June despite geopolitical and policy-related uncertainties, the World Trade Organization said on Wednesday, signaling resilience in merchandise flows even as risks remain elevated. The September reading of the WTO's barometer tracking…...