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News
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's development
8+ hour, 33+ min ago (412+ words) SINGAPORE (Sept 14): AI-connected stocks fell sharply in early Asian trading on Monday after the CEOs of the companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Anthropic CEO Dario Amodei…...
Frankly Speaking: It’s all in the traffic numbers
9+ hour, 58+ min ago (274+ words) This article first appeared in The Edge Malaysia Weekly on September 14, 2026 - September 20, 2026 Building and operating highways is generally a tough business. There is heavy upfront capital expenditure involved and traffic builds up slowly over time. The bulk of profits is…...
Goldman Sachs flips forecast, now sees September Fed rate hike
9+ hour, 26+ min ago (197+ words) BENGALURU (Sept 13): Goldman Sachs expects the US Federal Reserve to raise interest rates by 25 basis points at its September meeting, joining a growing number of Wall Street firms that see further policy tightening as inflation concerns persist. In a note…...
Industry, academia, and Treasury debate Budget 2027
12+ hour, 56+ min ago (44+ words) The Edge Malaysia Stakeholders weigh in on what’s at stake ahead of Budget 2027 during a closed-door exchange hosted by The Edge and HSBC Malaysia. Read all about it in the Sept 14th edition of The Edge...
The Week Ahead: Focus on August inflation, trade data on local front, along with major central bank monetary policy decisions externally
10+ hour, 28+ min ago (381+ words) This article first appeared in The Edge Malaysia Weekly on September 14, 2026 - September 20, 2026 Malaysia will take a break and the financial markets will be closed on Wednesday (Sept 16) for the celebration of Malaysia Day. On the economic front, the major data…...
Shares slip in Asia as oil climbs, rate hikes loom
13+ hour, 39+ min ago (579+ words) SYDNEY (Sept 14): Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new strikes…...
RHB Pay simplifies how businesses manage digital payments
12+ hour, 43+ min ago (755+ words) For businesses, getting paid is only one part of the equation. Knowing where the money is, when it will reach the bank account and how to reconcile transactions can be just as important, particularly for businesses handling high volumes of…...
Glove stocks extend gains as selling prices recover
3+ day, 10+ hour ago (450+ words) KUALA LUMPUR (Sept 11): Malaysian glove stocks extended their gains in early trade on Friday, building on Thursday’s sharp rally as higher selling prices and easing competition from Chinese manufacturers improved the sector’s near-term outlook. As at 9.55am, Hartalega Holdings Bhd (KL:…...
Treasury yields surge as oil, buyback results fuel selloff
3+ day, 14+ hour ago (780+ words) (Sept 11): The US bond-market selloff accelerated on Thursday as spiking oil prices fanned inflation fears and the Treasury Department bought fewer bonds than expected during its first expanded buyback operation. The drop, which sent two-year yields surging by the most…...
Bitcoin slips further below US$80,000 as the range trade resumes
3+ day, 22+ hour ago (315+ words) Bitcoin signage at a cryptocurrency exchange in Barcelona. Bitcoin declined for a fourth consecutive trading session on Thursday and fell as much as 2.1% to US$76,663.54 in early trading in New York. (Sept 10): Bitcoin declined for a fourth consecutive trading session,…...