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Regulators have instructed Ant Group to form a financial holding company under their supervision as well as shrink its money market fund Yu’ebao. The revamp sets the clock ticking again on Ant Group’s countdown to IPO.
KUALA LUMPUR (Bernama): In order to increase the country’s wakaf fund savings and assets, Tan Sri Muhyiddin Yassin said an initiative has to be formulated at the federal level to encourage civil servants to make wakaf (endowment) contributions, especially periodically, through salary deductions.
KUALA LUMPUR: The Securities Commission Malaysia (SC) has reprimanded Remitano for operating a digital asset exchange (DAX) in Malaysia without authorisation and has included the entity on its Investor Alert list.
Digital generation gap: China tells companies to make their sites and apps more ‘elderly friendly’ as online population balloons
New guidelines for elderly users are part of an initial campaign targeting 43 apps and 115 websites, including WeChat and e-commerce sites Taobao and JD.com. The moves are also seen as helping party-building, as people aged 61 or older account for about one-third of Communist Party membership.
Wondering what to cook this fasting month? Check out insta-famous home cook Khairul Aming's '30 Hari 30 Resepi' series on his Instagram account for ideas... and some entertainment too.
WASHINGTON (Reuters) - U.S. Senator Josh Hawley, a Republican who has been a staunch critic of Big Tech, said on Monday he has introduced a bill that would ban all mergers and acquisitions by any company with a market value greater $100 billion, a category that includes the five biggest U.S. tech companies.
KUALA LUMPUR: The capital market will continue to be an attractive destination for retail investors, facilitated by new technologies which enable better access to information and trading platforms, according to Bursa Malaysia director of securities market Azhar Mohd Zabidi.