Top Stories
Same event, multiple sources, transparently cited.
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Malaysia proposes converting RM100 million TVET loans into grants to ease trainee burden
Malaysia’s Human Resources Ministry has proposed converting RM100 million in TVET loans into grants to reduce financial strain on trainees.
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Former PlayStation Head Shuhei Yoshida Offers Mixed Review of Valve's Steam Machine
Shuhei Yoshida tested Valve's Steam Machine, praising some features but criticizing performance and price.
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EU to Propose New Sanctions on Russia After Deadly Missile and Drone Attack on Kyiv
After a deadly missile and drone strike on Kyiv on July 1, the EU plans new sanctions targeting Russia’s military-industrial complex.
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Hong Kong's assets under management hit record HK$42.2 trillion in 2025
Hong Kong’s assets under management rose 20% to HK$42.2 trillion (US$5.4 trillion) in 2025, driven by strong fund inflows and mainland-related growth.
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India and Japan sign first defense co-development pact and boost cooperation on AI and energy
India and Japan agreed on July 2, 2026, to deepen ties with pacts on defense co-development, AI, energy, and economic security.
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EU-funded report warns China-US tensions and structural issues threaten European chip industry
A July 2026 EU-funded report cautions Europe's chip sector faces serious risks from China-US trade tensions and internal weaknesses.
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Quantum Systems raises $1.2B in Series D, valuation hits $8 billion
Quantum Systems raised $1.2 billion in funding, boosting its valuation to $8 billion as it expands global operations.
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Tan Sri Azam Baki appointed adviser to Malaysia's NFCC amid ongoing controversies
Tan Sri Azam Baki was appointed adviser to Malaysia’s National Anti-Financial Crime Centre in 2024 despite ongoing controversies and investigations.
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SoftBank to launch AI cloud services in US with 10 GW capacity by 2030
SoftBank and its telecom unit will start renting AI computing resources in the US next fiscal year through new joint venture SB Neo Inc.
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Syrian Foreign Minister visits Beirut, signs cooperation agreement with Lebanon
Syrian Foreign Minister Asaad al-Shaibani visited Beirut on July 2 to meet Lebanese leaders and sign a cooperation agreement.
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German coalition unveils €10 billion tax, pension, and labor reform package
Chancellor Friedrich Merz’s coalition on July 2 announced tax cuts, pension overhaul, labor rule changes, and bureaucracy cuts.
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Japan’s parliament to add two women’s toilet cubicles after petition by female MPs
Japan’s parliament will add two women’s toilet cubicles after 58 female lawmakers petitioned for better facilities.
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Firefighters battle multiple wildfires across southern France after record heatwave
About 800 firefighters fought several wildfires burning over 1,200 hectares in southern France amid extreme heat and wind.
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Royal Malaysian Navy Confronts Ageing Fleet While Advancing Modernization Plans
More than 60% of the Royal Malaysian Navy's vessels are over 40 years old, prompting ongoing modernization efforts including new ship acquisitions and technology upgrades.
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Nvidia launches revenue-sharing model to aid AI startups with compute access
Nvidia announced a revenue-sharing program to provide AI developers with compute resources in exchange for a share of future sales.
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DBS and Samsung Securities sign MOU to explore Asia wealth management partnership
On July 2, 2026, DBS and Samsung Securities signed a memorandum to collaborate on wealth management services across Asia.
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Malaysia launches 18-month study to empower men under 13th Malaysia Plan
The Ministry of Women, Family and Community Development launched an 18-month National Gentleman Study to create men’s empowerment policies.
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Five Taiping Prison Officers Charged Over January 2025 Assault on Inmates
Five Taiping Prison officers were charged in July 2026 for injuring three inmates in a January 2025 incident.
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Nvidia launches AI factory model partnering with cloud providers on revenue sharing
Nvidia unveiled a commercial model with AI cloud providers to deploy large-scale AI factories using revenue sharing and credit support.
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Taiwan Plans to Boost 2027 Defense Budget by 16%, Surpassing NT$1 Trillion
Taiwan's Cabinet will propose a 16% increase in the 2027 defense budget, pushing spending above NT$1 trillion for the first time.
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Zelensky says 30,000 to 50,000 North Korean troops to deploy on Russian territory
Ukrainian President Zelensky announced up to 50,000 North Korean soldiers will be stationed in Russia to support its forces against Ukraine.
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Iran sets six conditions for Strait of Hormuz reopening amid ongoing US talks
Iran demands six conditions from the US before reopening the Strait of Hormuz as negotiations with Oman and the US continue amid regional tensions.
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Vietnam and Philippines upgraded to World Bank upper-middle income status in 2025
The World Bank raised Vietnam and the Philippines to upper-middle income status after their GNI per capita exceeded US$4,636 in 2025.
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DBS poised to gain from China’s stricter controls on individual outbound investments
DBS Group Holdings stands to benefit most among Singapore banks from China’s new rules on individual capital outflows starting July 2023.