The Ministry of Digital is in the process of preparing a detailed report on the legal requirements related to artificial intelligence (AI) to be tabled in the Dewan Rakyat.

Detailed report on legal requirements for AI being prepared — Gobind

The joint electric car project by Sony Group Corp and Honda Motor Co saw its annual operating loss more than double to ¥52 billion (US$362 million or RM billion) as they work to begin selling their first car, the Afeela, this year.

Sony-Honda EV venture shows mounting loss ahead of Afeela debut

MyEG Services Bhd (KL:MYEG) on Monday announced its name change to Zetrix AI Bhd effective 9am, July 3 (Thursday).

In a filing with Bursa Malaysia, the company said its stock short names would be changed from MyEG to Zetrix.

MyEG changes name to Zetrix AI effective July 3

(June 30): The US Senate is poised to approve a controversial provision preventing some US states from regulating artificial intelligence (AI), marking a victory for the tech companies, venture capital firms and startups that backed it.

Key US senators strike deal to pause state AI laws for five years

US President Donald Trump said in a Fox News interview broadcast on Sunday that he had found a buyer for the TikTok short-video app, which he described as a group of "very wealthy people" whose identities he will reveal in about two weeks.

Trump tells Fox News he has group of wealthy people to buy TikTok

Nvidia insiders sold over US$1 billion (RM4.2 billion) worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalise on surging investor interest in artificial intelligence, the Financial Times reported on Sunday.

Nvidia insiders sold over US$1b in stock amid market surge — FT

The United Kingdom’s new high commissioner to Malaysia Ajay Sharma has made strengthening bilateral cooperation a key priority, with a particular focus on the fast-growing semiconductor sector and the development of integrated chip design and advanced manufacturing.

UK envoy to Malaysia to prioritise semiconductor cooperation, high-end chip production 

Elon Musk slammed the US Senate’s latest version of President Donald Trump’s multi-trillion dollar tax bill Saturday, raging online that the cuts to electric vehicle and other clean energy credits would be “incredibly destructive” to the country.

Musk rages as Trump tax bill slashes electric vehicle credits

Meta Platforms Inc has hired four notable artificial intelligence researchers from OpenAI, ramping up a hiring spree for its Superintelligence group.

Meta taps four OpenAI researchers for Superintelligence team

Taiwan Semiconductor Manufacturing Co’s (TSMC) smaller affiliate Vanguard International Semiconductor Corp (VIS) may accelerate the chip production schedule at its new US$7.8 billion (RM32.98 billion) joint venture in Singapore on greater customer demand for hedging against geopolitical risks.

TSMC affiliate VIS may expedite production at US$8b Singapore fab

Meta Platforms may face daily fines if EU regulators decide the changes it has proposed to its pay-or-consent model fail to comply with an antitrust order issued in April, they said on Friday.

Meta may face daily fines over pay-or-consent model, EU warns

Germany's data protection commissioner has asked Apple and Google to remove Chinese AI startup DeepSeek from their app stores in the country due to concerns about data protection.

DeepSeek faces expulsion from Apple, Google app stores in Germany

Alibaba Group Holding Ltd elevated e-commerce head Jiang Fan while trimming the members of a longstanding leadership body, as the Chinese tech giant pivots toward AI and overseas expansion.

Alibaba elevates e-commerce chief, shrinks key leadership body

Singapore's case against three men linked by local media to the illegal transfer of Nvidia's AI chips from Singapore to Chinese artificial intelligence firm DeepSeek has been adjourned until Aug 22, the court ruled on Friday.

Singapore case against three on AI chip fraud charges adjourned until Aug 22

Boeing Co’s US$4.7 billion (RM19.80 billion) deal to buy Spirit AeroSystems Holdings Inc will face a UK antitrust investigation, the country’s antitrust watchdog said.

Boeing’s US$4.7 billion Spirit deal faces UK antitrust probe

Theta Edge Bhd (KL: THETA) has secured a contract worth RM87.87 million for the construction of fibre optic infrastructure along Petronas Gas Bhd’s pipeline right of way in Terengganu.

Theta Edge secures RM88 mil fibre optics contract

The European Central Bank tweaked the way it uses monetary policy to steer the economy, suggesting it will more carefully weigh risks to the inflation outlook as well as the tools it uses to deliver its 2% goal.

ECB fine tunes strategy to world delivering more frequent shocks

Practice Note 17 (PN17) company Sapura Energy Bhd (KL:SAPNRG) said challenges in its engineering and construction (E&C) project in Angola, coupled with higher operating expenses, have pushed the upstream oil and gas contractor back into the red in its latest quarter.

Sapura Energy slips back into the red on Angola project challenges, higher operating expenses

Futures tracking the S&P 500 and Nasdaq touched record highs on Monday, as optimism over US trade negotiations with its key partners helped support upward momentum in markets.

S&P 500, Nasdaq futures climb to record highs on trade optimism

Turkish assets rallied after a court adjourned a case that may force the removal of the main opposition party’s leader, providing short-term relief for markets concerned about rising political uncertainty.

Turkish markets rally after key opposition case adjourned

A former investment banker was on Monday sentenced to two years in prison and fined RM1 million by the Sessions Court for securities fraud offences involving RM201,000, said the Securities Commission Malaysia (SC).

Ex-investment banker gets two-year jail term, fined RM1 mil for securities fraud

Authorities have identified unstable soil conditions beneath a Petronas gas pipeline as the cause of the massive blaze that erupted in Putra Heights, Subang Jaya, three months ago, displacing over 400 families.

Putra Heights blaze: Weak soil beneath gas pipeline the root cause, no criminal element found

KUALA LUMPUR (June 30): Shares of Gamuda Bhd (KL:GAMUDA) rose to a two-week high on Monday, as investors remained optimistic on the group’s outlook, despite its recent quarterly results coming in slightly below expectations.

Gamuda shares climb to two-week high on positive outlook despite 3Q earnings miss 

Retirement Fund&nbsp;Inc, better known as KWAP, has shortlisted 12 external fund managers as ‘general partners’ to be allocated RM6 billion under the Dana Pemacu initiative.

KWAP picks 12 fund managers to manage RM6 bil under Dana Pemacu

Foreign shareholdings in AMMB Holdings Bhd (KL:AMBANK) and RHB Bank Bhd (KL:RHBBANK) have reached new highs in recent months, according to the latest data from CIMB Securities.

Foreign shareholdings in AMMB, RHB Bank at new highs — CIMB Securities

KUALA LUMPUR (June 30): Top Glove Corporation Bhd (KL:TOPGLOV) hovered near its 2023 lows on Monday, as investors and analysts worried about tougher days ahead, after a set of disappointing results.

Top Glove hovers near 2023 lows amid worries about tougher days ahead after disappointing 3Q

PUTRAJAYA (June 30): Prime Minister Datuk Seri Anwar Ibrahim has stressed that he does not interfere in judicial matters, including the appointment of judges or court decisions.

PM: No interference in judicial appointments, court decisions

Yinson Holdings Bhd (KL:YINSON) said it would hold off major investments to focus on delivering income and until it sees cash flow from current projects, after reporting another weaker quarter.

Yinson to pause major investments after another weak quarter

An uneven recovery may be on the horizon for Malaysian stocks in the next six months, though investors should now begin to buy selectively, says Apex Securities.

Bumpy road ahead for Malaysian stocks, Apex says start buying selectively ahead of recovery

Former economy minister Datuk Seri Rafizi Ramli has on Monday raised concerns over the impending retirement of several of Malaysia’s most senior judges, warning that a lack of timely succession planning could affect the independence, continuity and functionality of the Federal Court.

Rafizi warns of judicial crisis, flags ‘double standards’ in top appointments

KUALA LUMPUR (June 30): Shares of Gamuda Bhd (KL:GAMUDA) rose to a two-week high on Monday, as investors remained optimistic on the group’s outlook, despite its recent quarterly results coming in slightly below expectations.

NOBODY likes taxes, and Malaysians are no different. We need to understand, however, that we have had it good for many years when it comes to consumption taxes such as the goods and services tax (GST) that Singapore has had in place for three decades, since 1994.

Indonesia and Thailand ...

The State of the Nation: If avocado eaters grin and bear it, will Putrajaya keep its promise to cut opex and boost development spend?

MyEG Services Bhd (KL:MYEG) on Monday announced its name change to Zetrix AI Bhd&nbsp;effective 9am, July 3 (Thursday).

In a filing with Bursa Malaysia, the company said its&nbsp;stock short names would be changed from&nbsp;MyEG to&nbsp;Zetrix.

MALAYSIA Airports Holdings Bhd (MAHB) has reshuffled its senior leadership team following the airport operator’s recent privatisation by Gateway Development Alliance Sdn Bhd (GDA), according to an internal circular sighted by The Edge. The consortium behind GDA comprises sovereign wealth fund Kha...

MAHB reshuffles leadership team, creates chief airports officer role, internal circular shows

US President Donald Trump said he doesn’t think he will need to extend the July 9 trade deadline he has imposed on countries to secure deals with the US to avoid higher tariffs.&nbsp;

“I don’t think I will need to,” he said in an interview on Fox News’&nbsp;Sunday Morning Futures with Maria Bartiromo&nbsp;that was taped last Friday. He then added, “I could, no big deal.”

Trump says he doesn’t expect to extend July 9 tariff deadline

Foreign investors registered a net inflow of RM33.2 million on Bursa Malaysia,&nbsp;reversing a fifth week of selling trend, said MIDF Amanah Investment Bank Bhd.

In its fund flow report for the week ended June 27, MIDF Amanah said foreign investors’ activities were&nbsp;mixed throughout the week, with net buying recorded last Tuesday and Thursday, while Monday and Wednesday saw net outflows.&nbsp;

Foreign investors turn net buyers with inflows of RM33.2m on Bursa last week — MIDF

Shares of United Malacca Bhd (KL:UMCCA) surged to a more than six-month high on Monday, following the plantation group’s better-than-expected earnings and a surprise special dividend.

United Malacca hits six-month high on special dividend surprise after better-than-expected earnings

Two Sabah assemblymen and a businessman pleaded not guilty in the Sessions Court here on Monday to corruption charges involving mineral mining licensing&nbsp;in the state in 2023.

Two Sabah reps, businessman plead not guilty to bribery over mining licences

Genting Malaysia Bhd (KL:GENM) announced that a formal bid has been submitted for a casino licence in New York as part of a US$5.5 billion (RM23.19 billion) resort development in Queens.

Genting Malaysia submits bid for New York casino licence

KUALA LUMPUR (June 30): Reservoir Link Energy Bhd (KL:RL) said on Monday that its unit has secured a work order from Petronas Carigali Sdn Bhd for the provision of annulus wash and cement assurance (AWCA) services.

Reservoir Link bags Petronas Carigali contract, boosting annual revenue by RM25m over four years

JOHOR BAHRU (June 30): From Tuesday (July 1), Singaporean vehicles entering Malaysia without a valid Vehicle Entry Permit (VEP) will face an immediate RM300 compound, as full enforcement at the Malaysia-Singapore land border kicks in.

Full enforcement of VEP at Johor border begins Tuesday, RM300 fine awaits offenders

PUTRAJAYA (June 30): The government upholds transparency&nbsp;and is ready to accept any criticism regarding the taxation system,&nbsp;provided it is based on facts,&nbsp;said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: Govt receptive to factual criticisms of taxation system

Enproserve Group Bhd could offer a 25% upside from its listing price as the oil and gas maintenance firm gears up for a major surge in demand for its services, said Kenanga Investment Bank.

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