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Malaysia's Silicon Valley ambitions face tough challenges
Malaysia's Silicon Valley ambitions face tough challenges
by  AFP

Malaysia is making great strides in its effort to become a major player in the global semiconductor industry as it looks to capitalise on a surge in demand driven by the AI explosion but analysts warn it faces headwinds. Malaysia, however, is not starting from scratch, the analysts said.

Asian markets mixed as geopolitics, trade wars deplete sentiment
Asian markets mixed as geopolitics, trade wars deplete sentiment
by  AFP

Asian markets were mixed and gold hit another record high Wednesday as trade war worries cast a shadow and geopolitical concerns returned to the fore. - Gold hits new record - The Bank of Japan, as expected, stood pat on interest rates, having hiked them last month amid concerns over the outlook, particularly with regard to trade.

Bank of Japan holds rates, warning of trade uncertainty
Bank of Japan holds rates, warning of trade uncertainty
by  AFP

The Bank of Japan left its key interest rate unchanged Wednesday in a widely expected move given the global economic uncertainty fuelled by US trade tariffs. The bank said on Wednesday that in Japan, "the employment and income situation has improved moderately".

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