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Cross-border payments innovations are turning global growth frictions into modern fictions. Or, at least, they are working on it. Ripple and Clear Junction announced Wednesday (June 5) that they partnered to bring together Clear Junction’s cross-border payments solutions and Ripple’s enterprise blockchain and crypto solutions. Forward-thinking firms are increasingly exploring the potential of blockchain solutions for simplifying cross-border payment executionRead more

A confluence of tailwinds is helping Malaysian equities outperform the region and the return of foreign funds points to further gains. Overseas investors have bought US$502.9 million (RM2.37 billion) of local shares on a net basis in May, putting the market on track for its biggest monthly inflow since March 2022, according to Bloomberg-compiled data. MalaysiaRead more

Taiwan-based semiconductor companies are optimistic about business prospects in Malaysia’s semiconductor industry, given its solid foundation and thriving semiconductor ecosystem that offers potential long-term growth. Semiconductor integrated circuit (IC) design solutions provider, FusionSIP Technology Pte Ltd’s general manager, Eigen Fu said the company is planning to open its first design service centre in Malaysia thisRead more

Bank Negara Malaysia has appointed Mohamad Ali Iqbal Abdul Khalid as its new assistant governor effective from June 1. Bank Negara Malaysia has appointed Mohamad Ali Iqbal Abdul Khalid as its new assistant governor effective from June 1. Iqbal, who joined the central bank in 2002, will oversee the investment operations and financial market, andRead more

Many of us have seen photos of and read stories about robots working on the production floor in factories, speeding up old-school assembly lines to build products more quickly. And while the robotics trend in manufacturing is continuing to grow, that’s not the only way technology (including artificial intelligence) and automation are impacting the industry.Read more

Dialogue slated for first quarter of 2024 to bring government and private sector together in working group focused on trade and investment disputes Hope is to relieve American companies’ concerns over intellectual property theft and other issues, says commerce official leading US delegation The world’s two largest economies have been navigating trade disputes since theRead more

LONDON: British retailers suffered the biggest drop in sales for almost three years during December, raising the risk that the economy entered recession in the fourth quarter, official data showed on Friday. The Office for National Statistics said retail sales volumes shrank 3.2% between December and November – the biggest drop since January 2021 andRead more

It’s been a little more than a year since OpenAI’s ChatGPT hit the web, setting off an explosion in interest in generative AI. In the months since, tech giants including Microsoft (MSFT), Google (GOOG, GOOGL), Amazon (AMZN), Meta (META), and others have debuted or announced they’re working on their own generative AI chatbots and products. But that’sRead more

Industry leaders want broader adoption of emerging technologies, but concerns over budget and finding business value stand in their way. A person holding a package typing on a computer. Nearly one-third of retail leaders struggle to show the business value of emerging tech, which further hinders adoption Phiromya Intawongpan via Getty Images Brief: Budget restrictionsRead more

Offline retailers in the UP and Bihar market are effectively targeting Gen Z to Millennials by strategically offering affordability and fashion to enhance customer engagement. In Bihar, men constitute the largest customer segment, comprising more than 50% of market, followed by kids at around 25% and rest ladies. The offline retail landscape has evolved significantlyRead more