Arkib Harian: April 12, 2024

XPENG expands into Hong Kong, Macau via Sime Darby Motors partnership

XPENG expands into Hong Kong Macau via Sime Darby Motors

KUALA LUMPUR: XPENG Motors (XPENG), a Chinese smart electric vehicle (Smart EV) company, has expanded its footprint through a dealer partnership with Sime Darby Motors in Hong Kong. The partnership will enable XPENG to bring its latest smart EVs to local consumers in the Hong Kong market with branded showrooms, …

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‘Dead Space’ franchise is officially on hold at Electronic Arts

Dead Space franchise is officially on hold at Electronic Arts

Electronic Arts Inc put the Dead Space series on ice for the second time, despite the release of a critically acclaimed remake last year that appeared to give new life to the troubled video-game franchise. Although news that the sci-fi horror series was shelved came out this week, EA made …

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Singapore keeps monetary policy unchanged as inflation risks linger

Singapore keeps monetary policy unchanged as inflation risks linger

SINGAPORE: Singapore’s central bank left its monetary policy unchanged on Friday, in line with expectations, as authorities looked for signs inflation in the city-state was moderating before they consider loosening settings. The Monetary Authority of Singapore (MAS) said it will maintain the prevailing rate of appreciation of its exchange rate-based …

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Switzerland underestimated elderly women in climate case, plaintiff says

Switzerland underestimated elderly women in climate case plaintiff says

VEVEY, Switzerland (Reuters) – Stefanie Brander, one of the more than 2,000 women over 64 who won a court case against Switzerland over climate inaction, was on the frontlines of a protracted legal battle in which she said authorities showed little regard for the elderly plaintiffs. Europe’s top human rights …

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China c.bank set to leave policy rate unchanged, drain some liquidity

China cbank set to leave policy rate unchanged drain some

CHINA”s central bank is set to leave a key policy rate unchanged when rolling over maturing medium-term loans on Monday, a Reuters survey showed, while a vast majority of respondents also expect some liquidity to be drained via the bond instrument. Market watchers widely believe Beijing will continue to prioritise …

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Australian prosecutors drop billionaire Forrest’s case against Meta

Australian prosecutors drop billionaire Forrests case against Meta

SYDNEY (Reuters) – Australian prosecutors have discontinued mining magnate Andrew Forrest’s criminal prosecution of Meta over what he said were thousands of scam cryptocurrency advertisements on Facebook that feature his face. The decision is a setback for Forrest, the 37% owner of iron ore producer Fortescue Metals Group and Australia’s …

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Adobe is buying videos for RM13 per minute to build AI model

Adobe is buying videos for RM13 per minute to build

Adobe Inc has begun to procure videos to build its artificial intelligence text-to-video generator, trying to catch up to competitors after OpenAI demonstrated a similar technology. The software company is offering its network of photographers and artists US$120 (RM572) to submit videos of people engaged in everyday actions such as …

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Congestion on Federal Highway due to LRT3 bridge installation

Congestion on Federal Highway due to LRT3 bridge installation

KUALA LUMPUR: Congestion on the Federal Highway on Friday (April 12) is due to the installation of an overhead pedestrian steel bridge near the Universiti Teknologi Mara (UiTM) Light Rail Transit 3 (LRT3) station, says the Public Works Department (JKR). JKR said congestion occurred on the Federal Highway on Wednesday …

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Indian voters want jobs, price reduction; cheer new Hindu temple, survey shows

Indian voters want jobs price reduction cheer new Hindu temple

NEW DELHI (Reuters) – Unemployment and inflation are the main concerns of Indian voters but Prime Minister Narendra Modi’s strong leadership, his party’s Hindu nationalist agenda and India’s rising global stature will likely help his re-election bid, a survey shows. The findings illustrate that benefits of India’s world beating growth …

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China’s economy on stable footing, experts say

Chinas economy on stable footing experts say

China’s economy has started 2024 on a stable footing, indicating a sustained trajectory of robust recovery throughout the year, despite pressures and challenges both at home and abroad, officials and analysts said on Thursday. While the relatively weak consumer price rises in March point to pressure from lackluster demand, analysts …

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