Ariel Antonio

As Sam Bankman-Fried, once a cryptocurrency luminary, appeals his 25-year fraud sentence, a legal saga unfolds. From his rise to prominence to his fall from grace, the journey continues in the courtroom, where he seeks to challenge the judgment that altered the course of his life.

10 August, 2023 Ukrainian President Volodymyr Zelensky has provided unequivocal assurance that the skies over Ukraine will soon be graced by the presence of F-16...

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) and Phoenix Petroleum have agreed and signed a memorandum of understanding (MoU). To develop a collaboration in downstream...

Malaysia's exports increased 9.8% to RM112.28 billion in February 2023, with robust sales of petroleum products, electrical and electronic goods, and liquefied natural gas. Imports rose 12.4% to RM92.71 billion, resulting in a trade surplus of RM19.56 billion, a 7.9% increase from January.

Silicon Valley Bank (SVB) Financial Group filed for Chapter 11 bankruptcy protection after its subsidiary was seized by US regulators. The move follows the bank's collapse, which marks the largest banking failure since Washington Mutual in 2008. Market uncertainty continues as major bank stocks experience declines.

Telekom Malaysia and ZTE Malaysia announce strategic collaboration to build a hybrid cloud 5G core network. The three-year partnership focuses on innovative technologies like software-defined networking, hardware acceleration, and advanced data transfer methods, potentially revolutionizing future technological applications.

The Malaysian Palm Oil Board revealed a 6.56% decrease in palm oil stocks in February 2023, with crude palm oil stockpiles falling 7.69% to 1.16 million tonnes. Production also declined, with CPO output dropping 9.35% and palm kernel production reducing 7.10% compared to January's figures.

- MBSB Bank and PKNS Real Estate signed an MoU to support small businesses by introducing cashless transaction platforms like DuitNow. The partnership aims to help business owners in SACC Mall and PKNS Complex reduce operational costs and improve financial management through real-time retail payment solutions.

Brent crude prices expected to remain flat around $80/barrel in first half of 2023, with potential recovery to $85-$90 in second half. Increased demand from India and China may offset Western restrictions on Russian oil supply, driven by shifting global energy landscapes.

Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus reports that Malaysia is unlikely to enter a recession this year. Strong domestic demand and expenditure are expected to support economic growth, with the first quarter of 2023 showing more robust performance compared to the previous quarter.