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By R Suryamurthy The latest BRICS financial agenda is ambitious enough to suggest that the grouping is no longer content merely to complain about the inequities of the global economic order; it wants to build pieces of an alternative. But ambition, particularly in a grouping as diverse as BRICS, is cheap. The harder question is […]

The article Brics has a financial roadmap: The hard part is making it work appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

  By R. Suryamurthy India’s trade with BRICS has expanded dramatically, but the numbers reveal an uncomfortable imbalance beneath the rhetoric about a multipolar world and alternative financial architecture. Between FY2021 and FY2026, India’s total merchandise trade with the 11-member grouping more than doubled, from $203.1 billion to $417.5 billion. Yet the expansion was overwhelmingly […]

The article Bricks cannot de-dollarise its way out of India’s huge trade imbalance appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By K Raveendran India has spent the past four years demonstrating that energy security can sometimes be protected by refusing to choose sides. Russian crude offered discounts when Western sanctions rearranged the global oil market, Gulf producers remained indispensable despite the new relationship with Moscow, and purchases from the United States and other distant suppliers […]

The article India’s oil cushion faces two-front squeeze amidst Trump’s tariff threat appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The government is seriously evaluating Huawei’s AI accelerators for the initiative, although no final procurement decision has been announced and the number of chips under consideration remains unclear. The project would be operated by state-linked Telekom Malaysia, which was selected through a public tender and already works with Huawei on cloud infrastructure.

The deliberations put Malaysia at the centre of a widening contest between Washington and Beijing over the technology underpinning artificial intelligence. US officials have warned that use of Huawei’s Ascend 910C could violate American export-control rules, while Malaysia has maintained that technology decisions should serve its national interests and comply with applicable laws.

Huawei’s 910C is the company’s flagship AI accelerator currently available at scale. Malaysia is considering that product rather than the newer Ascend 950 series, which remains in limited production. Huawei has sought to expand sales of its AI systems beyond China as US restrictions continue to limit its access to advanced foreign semiconductor manufacturing technology.

Telekom Malaysia’s existing AI computing service uses Nvidia processors, highlighting the competing technology options facing Kuala Lumpur. The government is also discussing another tender process that could give Nvidia and other US suppliers a more direct opportunity to compete for the sovereign AI contract.

Prime Minister Anwar Ibrahim has repeatedly argued that Malaysia should build domestic technological capability rather than remain solely a consumer of systems developed overseas. His government formally established AI Malaysia Berhad under the Digital Ministry in July to lead its ambition of becoming an “AI Nation” by 2030 and to strengthen national AI development, governance and deployment.

Sovereign AI has become particularly important to the government because the proposed infrastructure is intended to process information that could include sensitive government, military and intelligence material. Kuala Lumpur wants such data to remain within Malaysia, reducing dependence on foreign-controlled computing environments and giving national institutions greater authority over storage and access.

Anwar has also questioned the implications of the US Cloud Act, which allows American courts in specified circumstances to compel US technology companies to provide electronic data even when it is stored abroad. Speaking to university students in April, he described the law as unreasonable while acknowledging the difficulty of challenging Washington on the issue.

US officials have raised separate security concerns about Huawei equipment being used to handle intelligence-related material, including information supplied by foreign governments. A State Department spokesperson said secure technology was essential to economic prosperity and warned that suppliers susceptible to government manipulation could pose risks to critical infrastructure, privacy, intellectual property and national security. The statement did not name China or Huawei.

Malaysia’s National Security Council officials are expected to visit Washington later this month for discussions that will include the technology issue. The talks come as the United States promotes American AI hardware, software and applications across developing markets and considers government-backed financing packages to strengthen the international position of US suppliers.

The current evaluation follows an earlier controversy in May 2025, when a deputy communications minister said a Malaysian AI initiative would deploy 3,000 Huawei Ascend chips. Her remarks were withdrawn shortly afterwards, and the Investment, Trade and Industry Ministry clarified that the project concerned was privately driven, not endorsed or coordinated by the government.

At the time, the ministry said any government AI infrastructure programme would require legal, operational and reputational due diligence. It also reaffirmed Malaysia’s commitment to applicable export-control laws while asserting the country’s sovereign right to formulate policy according to national interests.

Malaysia’s National AI Action Plan for 2026-2030 calls for responsible adoption, stronger domestic capabilities and globally competitive locally developed solutions. The programme links AI deployment to economic productivity, public-sector transformation and governance, placing infrastructure choices within a strategy.

Hong Kong: A Strategic Choice for Global Ambitions

A recipient of two prestigious entrance scholarships, Clarrence is currently enrolled in CUHK’s Integrated Bachelor of Business Administration (IBBA) programme. A graduate of SMAK 1 BPK Penabur Jakarta, she saw the city as a gateway to global opportunity. “I think of Hong Kong as a financial hub, a bridge between countries. For someone who wants to study international business or finance, Hong Kong is the answer.”

She first encountered CUHK at her secondary school’s education fair and was drawn to its world-class standing (ranked second in Hong Kong and 18th globally). “I fell in love with CUHK’s environment, the buildings, the nature and all the diversity. The various organisations and events sealed it. For me, CUHK is just right.” On top of her University Admission Scholarship and top-up scholarship by the CUHK Business School, her commitment was further recognised with two scholarships upon admission: the Shum Wai Yau and Kong Fook To Belt and Road First-in-the-Family Tertiary Education Admission Scholarship and the United College CUHK Golden Jubilee First-in-the-Family Tertiary Education Admission Scholarship.

Building Belonging in the CUHK Community

Since arriving on campus, the transition was not without challenges. Language barriers initially meant she missed updates and campus events, but CUHK’s support network for international students helped her find her footing. The atmosphere, she says, is family-like, giving students space to stay connected to home while building friendships across borders. A mentorship programme also gave her early exposure to Hong Kong’s professional landscape. “It really opened my eyes to the real job market here,” she said.

From Classroom to the Global Stage

Clarrence’s ambitions are clearly defined: a Big Four internship, an exchange semester, and a career in Hong Kong before returning to make her mark in Indonesia. “For business, Hong Kong is the answer, and CUHK’s reputation as one of the top universities in the world says it all. With the scholarship opportunities on top of that, it’s truly a win-win.”

CUHK’s Integrated BBA Programme

Offered by the region’s first business school, CUHK’s Integrated BBA programme gives students the freedom to shape a curriculum around their ambitions. Key highlights include:

• Unmatched Flexibility: Nine concentration areas with no intake limits, plus options for double majors, dual degrees and minors.
• A Truly Global Community: Students from over 19 nationalities, fostering cross-cultural exchange and an international outlook.
• Real-World Readiness: 89% of students complete at least one internship before graduating, and 93% access global experiential learning opportunities.
• Comprehensive Support: A dedicated mentorship programme, partnership courses and internship placements prepare students for an ever-changing business landscape.

Graduates leave with analytical, communication and ethical decision-making skills, and access to a network of over 45,000 Business School alumni worldwide.

For more information about CUHK’s Integrated BBA programme, visit https://admission.cuhk.edu.hk/programme/ibbac/
Hashtag: #CUHK

The issuer is solely responsible for the content of this announcement.

By TN Ashok India has built fighter aircraft, warships, tanks and some of the world’s most sophisticated missiles, but one weakness has repeatedly haunted its defence-industrial ambitions: engines. The country has been able to design and manufacture airframes, yet propulsion technology has remained heavily dependent on foreign suppliers. The latest agreement between the state-owned Hindustan […]

The article HAL-Safran helicopter engine deal: India breaks import trap? appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By TN Ashok The much-awaited political reunion between the Bharatiya Janata Party and the Shiromani Akali Dal appears to have hit the rocks even before the two former allies could formally sit down to negotiate a seat-sharing formula for the 2027 Punjab Assembly election. The problem is not ideology. Nor is it the bitter history […]

The article BJP-SAD alliance shaky as BJP claims big brother role appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Over 45% of online creators are diversifying revenue through direct product launches, but the creator apparel industry is still stuck in cheap screen-printed blanks that dilute premium IP. Top creators want to build fashion-grade consumer brands, but traditional fashion manufacturers requires high MOQs, long lead times, and technical literacy. High-end creators face a trade-off: basic promotional blanks or massive inventory risk on fashionable products. Knitup solves this by enabling creators with no technical know-how to go from idea to premium products with no minimum requirement. With the advantage of full creative freedom, zero inventory liability, and rapid replenishment cycles, creators can target the premium segment with offerings of BCI Cotton and sustainable merino wool sweaters and beanies, or even step into the luxury tier segment with cashmere cardigan, dresses and blankets.

“We created Knitup to empower the next generation of creators by making the capabilities of a fashion design house accessible,” said Dorothy Pun, Founder of Knitup. “Creators and designers are enabled to make better products with minimal capital outlay. Brands and the planet are saved the burden of inventories. The world sees more creativity and innovation.”

Knitup addresses bottlenecks around mass customization for any knitted products by automatically turning digital design into knitting data that goes straight to knitting machines. What usually takes hours can now take minutes.

Since launching its online design platform in 2022, Knitup has grown to serve over 1,000 brands, ranging from emerging labels to established global names. Key capabilities include:

• No Minimums: Produce exactly what the market demands, precisely when it wants it, helping eliminate excess inventory.
• Design Expression: Bring visuals to life, from detailed custom jacquards to classic solid stitches and crisp embroidery.
• Creation Process, Edited: Styles are visualized using high fidelity virtual samples. No waste even if users over-design and kill many styles. All costed instantly. Guilt-free and simple. Also a perfect tool to get consumers’ feedback on social media.
• Sustainable Yarns: Access to environmental friendly materials that deliver both quality and great hand-feel.
• Agile Manufacturing: A frictionless three-week production lead time that allows brands to restock rapidly, introduce new styles at speed, or launch limited capsule collections in weeks.

From bold statement graphics to quiet luxury, Knitup makes conscious fashion accessible without sacrificing speed, quality, or creative expression.
Hashtag: #Knitup #CreatorCommerce #PremiumKnitwear

https://home.knitup.io/

The issuer is solely responsible for the content of this announcement.

About Knitup

Knitup is a new kind of design-to-manufacturing platform that caters to everyone, from visionary artists and makers to small businesses and even large global corporations.

We bridge the gap between creativity and commerciality by enabling easy access to a complex knitwear supply chain. Our deep heritage in manufacturing, combined with cutting-edge technology and extensive know-how, unlocks a world of possibility for a creator, brand, or business.

Ultimately, we believe in the power of self-expression. By providing the tools and resources for anyone to bring to life high-quality and sustainable products, we enable creativity to flourish everywhere. From fostering vibrant communities built on shared stories and collaboration, to established corporations venturing out into new avenues.

By K Raveendran Another session of Parliament has closed with an uncomfortable sense of déjà vu. Repeated adjournments, slogan-shouting, demonstrations inside and outside the chambers and legislation moving through amid uproar have again raised the question of whether Parliament is performing the function for which representative democracy created it. The problem is no longer simply […]

The article Parliament Is Losing The Argument To The Smartphone appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).