In August, Canada’s economy experienced notable shifts, from tariff changes and central bank moves to corporate mergers and rail service disruptions. This update provides a comprehensive look at the latest events impacting the Canadian market, with a focus on fiscal policies, industrial activities, and stock market performance. As the country adjusts to both domestic and […]
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August brought a wave of significant economic and regulatory developments in the U.S., affecting various sectors and industries. This month’s update covers critical shifts that could shape the near-term economic outlook, from the Federal Reserve’s stance on interest rates to major legislative proposals and evolving market conditions. Whether you’re following employment trends, stock market movements,
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Malaysia’s burgeoning Islamic financial ecosystem is poised to draw increased investments from both Islamic nations and ethical investors globally. Shariah Compliance and Ethical Investing: Key Attractions Associate Professor Dr. Mohd Zukime Mat Junoh of Universiti Malaysia Perlis (UniMAP) highlighted that Malaysia’s Islamic financial system appeals to investors because of its adherence to Shariah principles, transparency,
Islamic Finance Ecosystem in Malaysia Set to Attract More Investments Read More »
Aeon Bank (M) Bhd has launched Malaysia’s first Islamic digital bank, marking a significant milestone for the Aeon Group in the country. CEO Raja Teh Maimunah Raja Abdul Aziz on the Launch Aeon Bank (M) CEO Raja Teh Maimunah Raja Abdul Aziz highlighted the importance of this launch, emphasizing Aeon Group’s 40-year presence in Malaysia.
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Malaysia has emerged as a global leader in Islamic finance, characterised by its robust regulatory framework, innovative financial instruments, and commitment to sustainable and ethical finance. This article explores the key factors contributing to Malaysia’s position as a hub for Islamic finance. Historical Context and Growth Malaysia’s journey towards becoming a hub for Islamic finance
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OpenAI Steps Into Video Creation OpenAI, famous for its smart chatbots, is now entering the world of video creation with an app called Sora. While its chatbots can pass exams without studying, Sora aims to make movies without film school training. Currently, it’s being tested by a few chosen creators and experts to make sure
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China’s BYD took the automotive world at Tuesday’s Geneva car show by revealing its Yangwang U8, a luxury plug-in hybrid SUV with a unique twist: it can float. This innovation is not just a novelty; it’s a safety feature designed for water emergencies. Not Just Any SUV The Yangwang U8 isn’t your average vehicle. Weighing
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In a recent turn of events, OpenAI has come forward to address a lawsuit filed by co-founder Elon Musk, aiming to clarify misconceptions about its commitment to openness and its operational ethos. This move comes after Musk took legal action against the organization, accusing it of straying from its foundational principles. A Brief Overview of
OpenAI Clarifies Its “Open” Approach in Response to Elon Musk Lawsuit Read More »
Brookfield’s Strategic Acquisition of ATC India Kolkata – In a significant move in the Indian telecom tower market, Canada’s Brookfield has strengthened its position with the recent $2.5-billion acquisition of American Tower Corp’s (ATC) India unit. This strategic acquisition is expected to intensify the competition with Indus Towers and bring forth a wave of innovation
Brookfield’s ATC India Buyout Strengthens Position Against Indus Towers Read More »
Commitment to Renewable Energy MELBOURNE, Australia – Rio Tinto announces its groundbreaking decision to spearhead Australia’s largest solar power project, the Upper Calliope Solar Farm near Gladstone. This initiative, involving a 25-year power purchase agreement with European Energy Australia, signifies a major shift towards using renewable energy for Rio Tinto’s operations in Gladstone. Project Overview
Rio Tinto Spearheads Australia’s Largest Solar Initiative for Aluminium Operations Read More »