The stories shaping Malaysia, in focus.
Thailand's Criminal Court has cleared actress Savika "Pinky" Chaiyadej, her mother and brother in the sprawling Forex-3D investment fraud case affecting over 9,800 victims and losses exceeding 2.48 billion baht. Five others were convicted.
The US Securities and Exchange Commission has settled fraud charges against Adit Ventures Management over deceptive pre-IPO investment practices involving companies like SpaceX and Klarna, highlighting growing risks in unregulated private markets.
Malaysia's financial regulators are demanding that institutions adopt sophisticated, data-driven compliance frameworks to counter rapidly evolving digital financial crimes. The Labuan FSA warns that fraud and scams now move through cryptocurrencies and require human judgment alongside technology.
Prediction platform Kalshi attracted 3 million users and $27 billion in trading volume during the 2026 FIFA World Cup, nearly doubling expectations. The success comes amid ongoing regulatory battles over gambling laws across U.S. states.
A New York judge has rejected Zelle's attempt to dismiss a lawsuit from the state's attorney general over allegations that the payment platform failed to implement adequate safety protections, resulting in over $1 billion in consumer fraud losses.
The Asian Institute of Chartered Bankers urges Malaysian banks to move beyond AI adoption towards responsible implementation backed by strong governance. A new industry report reveals only 25% of banking leaders trust AI outputs for key decisions.