Today's top Malaysian news, sport and lifestyle.
JPMorgan Chase CEO Jamie Dimon is spearheading a major industry collaboration to manage artificial intelligence risks across critical infrastructure sectors. The effort, involving more than 40 companies, aims to establish common AI safety standards and work with government regulators.
Singapore has unveiled sweeping legislative changes to combat rising scam activity, including hefty penalties for online platforms and expanded police powers to disrupt fraud operations across the city-state.
Capital One has defended its closure of Trump Organisation bank accounts in a legal filing, stating the decision followed a thorough anti-money laundering compliance review by specialised experts.
Prime Minister Anwar Ibrahim has pledged that individuals found culpable in the Tabung Haji inquiry will face legal consequences if sufficient evidence exists, signalling the government's resolve to hold officials accountable for any wrongdoing.
A former unit trust consultant has been sentenced to 18 months imprisonment and fined RM2 million for perpetrating an investment fraud scheme that victimised clients seeking financial growth.
Bank Negara Malaysia should move away from rigid, prescriptive regulation towards a more collaborative framework with the financial industry, according to former deputy governor Datuk Ooi Sang Kuang, speaking at the Sasana Symposium 2026.
Bank Negara Malaysia will implement a more rigorous Performance Measurement Framework for development financial institutions from July 2027, evaluating their mandate fulfilment, development impact, and operational efficiency across six key lenders.
The Cabinet will deliberate on whether to publicly release the Royal Commission of Inquiry report on Tabung Haji, according to Religious Affairs Minister Zulkifli Hasan, who denied claims that the former Treasury secretary-general sold the institution's assets.
The White House has suspended a teleprompter operator who has worked with President Trump since 2016, following claims he used insider knowledge of speeches to win over $100,000 in prediction market bets.
Malaysia's BNPL market has grown to 8 million active account holders with RM5.3 billion in outstanding balances as of Q1 2026, with a 3.4% delinquency rate. New licensing requirements take effect this year.
The Securities Commission has prosecuted three brothers across multiple Kuala Lumpur courts for operating an unlicensed securities dealing business. The alleged offences span from March to October 2019.
A former company director has been sentenced to five years in prison after being convicted of operating an unlicensed fund management business and money laundering. The case involved six victims who lost a combined RM1.263 million.
Finance Minister II Datuk Seri Amir Hamzah Azizan has stressed that Malaysia's banking sector must balance artificial intelligence with human judgment, ethical leadership, and substantial investment in workforce talent to remain competitive and trustworthy.
The Bank of England's deputy governor for financial stability has warned that existing regulatory frameworks are insufficient to manage risks from autonomous AI agents in the financial system, calling for more sophisticated governance structures.
Nearly 1,700 British investors have filed a high-court lawsuit against Binance, alleging the cryptocurrency exchange promoted unregulated financial products between 2019 and 2020. The claimants are pursuing £150 million in damages.