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News

The Edge Malaysia
theedgemalaysia.com > node > 817962

Okinawa election win may give Tokyo freer hand on military build-up

4+ hour, 46+ min ago   (343+ words) TOKYO (Sept 14): A candidate backed by Japanese Prime Minister Sanae Takaichi's government won Okinawa's gubernatorial election on Sunday, ousting an opponent of Tokyo's military build-up across the strategically important island chain near Taiwan and China. Genta Koja, 42, defeated two-term incumbent…...

The Edge Malaysia
theedgemalaysia.com > node > 817912

China's Ligent seeks about US$723 mil in Hong Kong IPO, targets AI-related expansion

8+ hour, 22+ min ago   (361+ words) (Sept 14): China's Ligent Technologies seeks to raise about HK$5.67 billion (US$723 million) in a Hong Kong initial public offering (IPO) to fund product development and expand production, showed a prospectus filed at the stock exchange on Monday. The maker of…...

The Edge Malaysia
theedgemalaysia.com > node > 817906

Developing Asian nations sour on US$7 billion gas bill

10+ hour, 2+ min ago   (760+ words) (Sept 14): The loss of a fifth of liquefied natural gas supply due to the US-Iran war is blowing out costs for Asia’s developing markets, and forcing a rethink of the fuel’s long-term future in the region. Qatari shipments of LNG…...

The Edge Malaysia
theedgemalaysia.com > node > 817892

Xi pushes 'Greater BRICS' economic ties to give bloc larger global role

1+ day, 33+ min ago   (470+ words) NEW DELHI/SHANGHAI (Sept 13): Chinese President Xi Jinping unveiled on Sunday initiatives in areas ranging from AI to trade to deepen cooperation among the "Greater BRICS" emerging economies, as Beijing seeks to weld the grouping into a practical platform for…...

The Edge Malaysia
theedgemalaysia.com > node > 817633

Chinese AI firm Moonshot to explore dual Hong Kong and Shanghai IPOs — Reuters

3+ day, 23+ hour ago   (284+ words) (Sept 10): Beijing-based AI start-up Moonshot is considering dual listings in Hong Kong and Shanghai to boost fundraising and exposure, the South China Morning Post reported on Thursday, citing two people familiar with the matter. The developer of the Kimi large…...

The Edge Malaysia
theedgemalaysia.com > node > 817639

Opinion: A US-China détente is not peace — but Asean should make it pay

3+ day, 23+ hour ago   (350+ words) That would be welcome. From Southeast Asia, however, the question is what kind of order their accommodation would create — and whether Asean would shape it or merely live with the consequences. US-China history supports caution. Escalations have repeatedly been followed…...

The Edge Malaysia
theedgemalaysia.com > node > 817602

US trial against China's Huawei opens with prosecutor calling the company a criminal enterprise

4+ day, 1+ hour ago   (652+ words) NEW YORK (Sept 10): A US prosecutor described China's Huawei as a criminal enterprise that stole from American companies to build its telecommunications empire, as the trial against the tech giant kicked off in Brooklyn federal court on Wednesday. "Theft, lies,…...

The Edge Malaysia
theedgemalaysia.com > node > 817590

Louis Vuitton loses sales in China after tea logo case backlash

4+ day, 2+ hour ago   (611+ words) (Sept 10): In June last year, Louis Vuitton opened a huge cruise ship-shaped store in the swanky Jing’an neighbourhood of Shanghai. The inauguration drew crowds, with the star-studded invitee list including popular actors like Lin Yi and Gong Jun, the brand’s…...

The Edge Malaysia
theedgemalaysia.com > node > 817600

Huawei lifted prices for its best AI chip by 60% this summer

4+ day, 1+ hour ago   (163+ words) (Sept 10): Huawei Technologies Co has notified some clients that it’s significantly increasing the prices of its most advanced AI accelerators, reflecting how demand is rapidly outstripping supply during the data centre boom. Huawei’s decision underscores growing demand for a Chinese…...

The Edge Malaysia
theedgemalaysia.com > node > 817594

HE Group bags RM25 mil power distribution system works for NAND flash manufacturer

4+ day, 1+ hour ago   (200+ words) KUALA LUMPUR (Sept 10): HE Group Bhd (KL:HEGROUP) has secured a purchase order worth an estimated RM25 million for power distribution system works for a manufacturer of NAND flash memory products in Malaysia. In a bourse filing, the electrical engineering services…...