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Malaysia’s former economy minister Rafizi Ramli has renewed his attack on Prime Minister Anwar Ibrahim’s reformist agenda, alleging that anti-corruption officers targeted candidates who challenged the leader’s daughter in internal party polls earlier this year.“During the recent PKR election, in May, actually there were many PKR candidates who were detained by the MACC. Usually the ones who went against Nurul Izzah,” he said during the podcast. “I don’t care any more, I’ll just say it now.”Rafizi, the PKR’s former chief strategist who still commands wide grass roots support, recounted one case involving a prominent Selangor figure aligned with him.Anwar Ibrahim,…

China’s securities regulator has urged the nation’s brokerage industry to rev up the pace of cultivating top investment banks capable of competing on the global stage and better facilitate Beijing’s technological self-reliance drive as outlined in a critical five-year plan by the Communist Party.Securities companies should redouble efforts to fulfil the goal set by Beijing of building China into a global financial powerhouse, while serving the tech self-reliance strategy by facilitating fundraising and mergers in sectors ranging from artificial intelligence to biopharmaceuticals and green energy, said Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), in a speech posted…

China’s securities regulator has urged the nation’s brokerage industry to rev up the pace of cultivating top investment banks capable of competing on the global stage and better facilitate Beijing’s technological self-reliance drive as outlined in a critical five-year plan by the Communist Party.Securities companies should redouble efforts to fulfil the goal set by Beijing of building China into a global financial powerhouse, while serving the tech self-reliance strategy by facilitating fundraising and mergers in sectors ranging from artificial intelligence to biopharmaceuticals and green energy, said Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), in a speech posted…

A trader works, as a screen broadcasts a press conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate cut announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 29, 2025. Brendan McDermid | ReutersLONDON — European stocks are expected to start the week on a flat to lower note Monday as global investors focus on the U.S. Federal Reserve’s monetary policy decision this week.The U.K.’s FTSE index is seen opening 0.1% lower, Germany’s DAX and France’s CAC 40 flat and Italy’s FTSE MIB down 0.17%, according to data from IG.The…

The Liaoning and three guided missile destroyers were sailing northeast in the waters between Okinawa and Minami-Daito islands, and in waters around 190km east of Kikai Island, Japan’s defence ministry said on Sunday night.Furthermore, around 50 take-offs and landings by carrier-based fighter jets and helicopters were observed on both Saturday and Sunday, the ministry said. It said Japan had flown Air Self-Defence Force fighter jets in response. 04:47Why have Takaichi’s Taiwan comments sent China-Japan ties into a tailspin?Why have Takaichi’s Taiwan comments sent China-Japan ties into a tailspin?The day before, Japan claimed that Chinese naval fighters had intermittently beamed fire-control…

Baidu has confirmed that it is weighing a spin-off and Hong Kong listing of its semiconductor arm, as a fresh wave of investor interest sweeps China’s chip sector.The search engine giant said on Sunday that Kunlunxin (Beijing) Technology was “in the process of the proposed spin-off and listing in Hong Kong, after reports that the unit planned to file an initial public offering no earlier than the first quarter of next year”.However, the company cautioned that there was “no assurance” that the proposed spin-off and listing would proceed.Shares of Baidu opened 3.2 per cent higher at HK$125.60 on Monday, extending…

Zuma Resources Limited — formerly known as Bilal Fibres Limited — has formally approved a major shift in its core business, moving from its traditional operations toward investment across high-growth sectors, including technology, AI-enabled services, electric vehicles (EVs), healthcare, and e-commerce. The decision was taken by the company’s Board of Directors (BoD) in a meeting held on December 5, 2025, in a notice sent to the Pakistan Stock Exchange (PSX) on Monday. “The BOD has approved the primary line of business to engage in investing, partnering, and strategically collaborating with a diversified portfolio of companies in technology, AI-enabled services, EV,…

China has pledged to better coordinate its domestic economic work to account for international trade turbulence next year, with a high-level decision-making body calling for the promotion of “effective qualitative improvement and reasonable quantitative growth” in the country’s economy.After a meeting of the ruling Communist Party’s Politburo on Monday, the 24-member body said China would “seek progress while maintaining stability” in next year’s economic work, and continue to exert a “more proactive” fiscal policy and “moderately loose” monetary policy.“[We need] to better coordinate domestic economic work and international economic and trade struggles, as well as development and security,” according to…

Thailand launched air strikes on Cambodian military positions on Monday after a Thai soldier was killed, pushing a shaky US-brokered truce to the brink of collapse as renewed fighting broke out along their shared frontier.Each side accused the other of shattering the peace by mounting attacks on border bases and personnel over the weekend, in the fiercest eruption of hostilities for months between the Southeast Asian neighbours.The violence has forced thousands of civilians on both sides to flee their homes.The Royal Thai Air Force said it had deployed F-16 fighter jets early on Monday “in response to Cambodian military actions”…

China’s big money is returning to African infrastructure as its state-owned firms evolve from mere builders into long-term financiers and operators.This is so they have enough “skin in the game”, according to one analyst, as Beijing seeks lasting influence over key transport routes and critical mineral supply chains in Africa.Across the continent, these companies are increasingly financing, building and operating key infrastructure under public-private partnerships (PPP). This financing model became increasingly common after the decline in bilateral loans after 2016, as Beijing rethought its risk exposure and lending model while dismissing “debt-trap” accusations.Outside the Kenyan capital of Nairobi, state-owned firms…