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UK security startup may help Brexit’s Irish border problem

LONDON: A London-based facial recognition startup has talked to the UK government over how it can help manage border crossings between Northern Ireland and the Republic of Ireland following the UK’s departure from the European Union.

India to ground defaulters

MUMBAI: India is clipping the wings of businessmen it considers a flight risk.

EU proposes crowdfunding ‘passports’ for fintech

THE European Commission has proposed crowdfunding “passports” for the European Union (EU) in a draft law that forms part of efforts to boost growth in the financial technology sector.

Iris mulls bidding for connected cars project

IRIS Corp Bhd, which has seen the entry of new shareholders, is looking at putting in a bid to join the bidding for the mandate to undertake a government road tax and insurance initiative for the launch of a connected cars project. The other company which is interested in this project is Green Packet Bhd.

UCO Bank plunges most since 2015 as India fraud impact widens

MUMBAI: Shares of India’s government-controlled banks fell on Monday as more lenders disclosed exposure to one of the nation’s biggest frauds.

Datasonic’s JV in Tanzania to take off this year

KUALA LUMPUR: Datasonic Group Bhd’s joint venture (JV) in Tanzania is expected to commence operations within the next nine months, as the supplier of electronic passport materials seeks to tap into the African market.

What happens in a US government shutdown?

WASHINGTON: President Donald Trump and the U.S. Congress are racing to meet a midnight Friday deadline to pass a short-term bill to keep the U.S. government open and prevent agencies from shutting down.

Immigration to open several common counters at KLIA during peak periods

KUALA LUMPUR: The Immigration Department will open several common counters at the KL International Airport (KLIA) to reduce the queuing time during the peak travelling periods.

Emerging-market guru Mark Mobius set to retire

LIMA: Veteran investor Mark Mobius, the bald-headed market guru who became one of the most recognised authorities on money-making opportunities in Africa, Asia, Eastern Europe and Latin America, plans to retire from Franklin Templeton Investments after three decades with the firm.

Could this be the start of a bubble bursting?

YESTERDAY the price of bitcoin was down more than 25% from an all-time high of nearly US$20,000 reached this past weekend.