Fast, factual wire coverage from across Malaysia and the region.
The ASEAN+3 Macroeconomic Research Office has called for deeper regional integration in artificial intelligence, energy infrastructure, and digital payments to curb growing dependence on the US dollar as AI reshapes global commerce.
The European Union is advancing negotiations on a digital euro, targeting formal approval by January 2027 and a 2029 launch. The initiative aims to provide a public alternative to cryptocurrencies and reduce reliance on US payment systems.
The European Parliament has given strong backing to a digital euro, with lawmakers voting 416-169 in favour of developing an electronic version of the currency that will coexist with cash.