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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
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Asian Stocks Slip Amid Limited Chinese Stimulus, Dollar Nears 1-Year High



Asian stocks mostly declined on Tuesday as investors showed caution over Chinese stimulus efforts. Shares fell in Hong Kong, Taiwan, and South Korea, while Japan's stocks saw slight gains. Meanwhile, the US dollar hovered close to a one-year high after a 0.5% rise on Monday, reflecting investor concerns.

Bitcoin surged past $89,000, boosting the broader crypto market. U.S. stock futures remained mostly unchanged following Monday's gains, where the S&P 500 closed up 0.1% and the Dow Jones rose 0.7%.

Beijing’s recent stimulus fell short of investors' expectations, especially as Chinese data indicated slower-than-expected credit growth. In contrast, Japan announced $65 billion to support its AI and semiconductor sectors, aiming to stimulate domestic tech investments.

Looking ahead, U.S. inflation data due Wednesday is likely to shape market direction, with the core CPI expected to remain steady.

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Key Corporate Updates from Malaysia

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