Citigroup chief executive Jane Fraser will speak at the APEC 2025 CEO Summit on Friday about financial systems and global economic development. Her keynote address will focus on digital advances, sustainable investment and cross-border financial connections as foundations for economic stability. Fraser plans to discuss workforce training in technology, infrastructure spending across borders and environmental…
Malaysia and Thailand recorded 18.68 billion dollars in bilateral trade through the first eight months of 2025, marking a 6.99 percent rise from the previous year. Both countries aim to reach 30 billion dollars in trade by 2027 as Thailand encourages Malaysian businesses to connect with its suppliers across food processing, halal products, health and…
IJM Corp secured a 1.26 billion ringgit contract to build a hyperscale data center in Selangor, keeping the Malaysian construction firm on pace to reach its 6 billion to 8 billion ringgit target for the 2026 fiscal year. CGS International analysts said the project marks IJM’s second data center contract in three months and brings…
Asian markets climbed on Monday as progress in trade negotiations between China and the United States lifted investor sentiment ahead of central bank meetings and major corporate earnings reports. Senior economic officials from both countries agreed on a preliminary framework that awaits approval from President Donald Trump and Chinese President Xi Jinping at their meeting…
Malaysia’s currency strengthened against the dollar on Monday as investors awaited the Federal Reserve’s policy meeting. The ringgit traded at 4.2145 per dollar at 8 a.m., compared with 4.2210 at the close on Friday. Bank Muamalat Malaysia chief economist Mohd Afzanizam Abdul Rashid said September’s consumer price index of 3 percent fell below forecasts of…
Spotify will raise UK subscription prices for the second time in 18 months. The streaming service plans to raise the price of individual Premium accounts to 12.99 pounds monthly from 11.99 pounds, with changes taking effect in November. Duo plans will increase to 17.99 pounds and Family plans to 21.99 pounds. The adjustment follows a…
MusicBird acquired producer income rights from the estate of Rick Parashar, a Grammy-nominated figure in Seattle’s grunge movement who died in 2014. The Switzerland-based investment firm purchased producing royalties from albums by Nickelback, Alice in Chains, Blind Melon, and 3 Doors Down. Parashar co-founded London Bridge Studios with his brother Raj in 1985. His production…
Reservoir Media and PopArabia purchased music rights from two Middle Eastern entities on Monday. The companies acquired all compositions and master recordings from HFM Production, an Iraqi music production house, as well as publishing and recorded music rights from Kuwaiti artist Essa Almarzoug’s catalog. HFM Production operates a record label and has produced more than…
Old Mutual Group invests in mobile financial technology to extend banking services to informal workers who lack traditional accounts. Chief Executive Jurie Strydom said the company developed OMARI, a mobile platform that lets users access financial services through their phones, and supports startup companies building similar tools. Zimbabwe represents a test market for the pan-African…
Zimbabwe’s proposed mining legislation could reshape artisanal gold production by bringing informal operators into the regulated economy and protecting vulnerable groups. A planetGOLD report released on Monday at a Harare conference said the Mines and Minerals Bill addresses gaps in current law and creates pathways for miners to gradually meet legal requirements. Small-scale gold producers…
