Waymo Co-CEO outlines path to one million weekly trips in 2026
(Bloomberg) : Waymo, Alphabet Inc.’s autonomous driving unit, will hit more than one million paid weekly robotaxi rides in the US by the end of this year, according to co-Chief Executive Officer Tekedra Mawakana. In some cases, Waymo can go from mapping a city to the start of paid rides in just a matter of months. Waymo began fully autonomous operations in Nashville earlier this week ahead of a planned commercial launch with Lyft Inc. later this year. Waymo is the top provider of paid autonomous vehicle services in the US, with a pack of well-funded others chasing the market. The company currently provides about 400,000 paid rides per week across the six cities.
Source:The Edge Markets
February 11, 2026 22:53 UTC
Real estate services stocks sink in latest ‘AI scare trade’
(Feb 12): Real estate services stocks sank on Wednesday as investors assessed the companies’ vulnerability to the newest crop of artificial intelligence (AI) applications and tools that threatens to disrupt several industries. Shares of CBRE Group Inc and Jones Lang LaSalle Inc plunged 12%, and Cushman & Wakefield Ltd dropped 14%. For CBRE and Cushman & Wakefield, the moves marked the biggest drop since 2020 in the midst of the Covid-driven market sell-off. The drop in the stocks seems “excessive given limited news flow today,” Barclays’ Brendan Lynch said. The analyst noted that some of the weakness stems from fears that AI will disrupt the job market and commercial real estate demand.
Source:The Edge Markets
February 11, 2026 22:37 UTC
Treasuries fall as strong jobs curb Fed-cut bets
(Feb 12) : A stronger-than-anticipated US jobs report spurred a slide in Treasuries as traders pared bets on Federal Reserve rate cuts in 2026. “If the labor market is indeed stabilizing, that would be constructive for both the economy and the market,” he noted. Overall, this still looks like “low-hire, low-fire” labor market rather than a broad-based reacceleration, said Mark Hamrick at Bankrate. “For the Federal Reserve, a steadier jobs picture reduces the urgency to rush into rate cuts, assuming inflation behaves,” he noted. “The market got the jobs report it needed,” said Brad Smith at Janus Henderson Investors.
Source:The Edge Markets
February 11, 2026 22:18 UTC
BP’s buyback cut likely to be Shell’s gain
BP’s oil and gas production averaged 2.3 million barrels of oil equivalent per day (boed) in 2025, broadly flat year-on-year, supported by the startup of seven new projects, including in the Gulf of Mexico. Shell’s production gapIn many respects, BP is the mirror image of its larger British rival Shell. As a result, Shell’s oil and gas production fell 1% in 2025 to 2.8 million boed. Shell’s oil and gas reserves dropped to a record low 8.1 billion barrels in 2025, from 8.9 billion barrels in 2024. Shell’s production from its current portfolio could fall by as much as 800,000 boed over the next decade, based on Wood Mackenzie estimates.
Source:The Star
February 11, 2026 22:12 UTC
I don't own shares in any company, claiming otherwise is defamatory, says Azam Baki
PUTRAJAYA: Tan Sri Azam Baki says he no longer owns any shares in any company, inlcuding Velocity Capital Partner Bhd. The Malaysian Anti-Corruption Commission (MACC) chief commissioner said claims that he still holds shares in the company are false. Azam said he sold his shares in Velocity Capital Partner Bhd in July 2025. Addressing the controversy surrounding Velocity Capital Bhd, Azam said he did not profit from the sale of Velocity Capital shares. Azam said any narrative suggesting he still holds shares worth hundreds of thousands of ringgit is defamatory and not supported by official records.
Source:The Star
February 11, 2026 21:11 UTC
China official-influencer dies after horse riding accident while filming publicity clip for local agriculture
He Jiaolong rides her horse dressed in a festive outfit across a snowy expanse in Xinjiang. Photo: nfnewsHe Jiaolong rides her horse dressed in a festive outfit across a snowy expanse in Xinjiang. He also once sat on a bed suspended 100 metres above the ground to promote Xinjiang cotton. Some people commented on the neijuan phenomenon among the officials that promote tourism online. Others performed rap, spoke English and played instruments to attract audiences while promoting local tourism.
Source:The Star
February 11, 2026 20:33 UTC
Four nabbed for tearing down illegal temple without authorisation
PETALING JAYA: Four people have been arrested by police after they allegedly destroyed part of an illegal temple based in Rawang without authorisation from the authorities. Selangor police chief Comm Datuk Shazeli Kahar said that part of the building was torn down without permission or notice from the local authorities. Follow-up investigations led to the arrest of four local suspects, aged between 26 and 39 years old. "The public is urged to not speculate on the issue, to remain rational and not issue any statements that could lead to racial and religious tensions and disturb public peace. "The police assure all that investigations will be conducted professionally, honestly and based on the laws at hand," he said in a statement on Wednesday.
Source:The Star
February 11, 2026 19:59 UTC
Outgoing US envoy Kagan meets with PM Anwar in Putrajaya
PETALING JAYA: Outgoing US Ambassador to Malaysia Edgard D. Kagan visited Prime Minister Datuk Seri Anwar Ibrahim in Putrajaya on Wednesday (Feb 11). The visit, according to Anwar, was an opportunity for him to voice his appreciation of Kagan's efforts in strengthening the strategic relationship between Malaysia and the United States. "The close ties between both countries are vital in driving economic growth and expanding cooperation to benefit the people," Anwar said on Facebook. Kagan is set to end his tenure in February as he retires from the U.S. Foreign Service. US President Donald Trump has nominated Nick Adams to succeed Kagan as the next US ambassador to Malaysia.
Source:The Star
February 11, 2026 18:14 UTC
'Spiderman' viral video: Mum says unaware daughter was begging
MELAKA: The mother of the young girl who went viral wearing a ‘Spiderman’ superhero costume and soliciting sympathy from the public at a petrol station here recently, denied that her child is a beggar, and claimed to be unaware of the matter. Nor Hafika Mohd Shamsul, 30, said she had no idea that her eldest child was taken out by her foster father, whom she had known for almost 20 years, until she was informed by the Melaka Social Welfare Department (JKM). The woman said her seven-year-old child had only followed her foster father, known as "Uncle Awe," wearing the costume a few times. "I thot she was just sitting behind my foster father, I didn't know she was there as a mascot (wearing the costume to elicit sympathy). Nor Hafika, who hails from Masjid Tanah and works as a caregiver, said her child likes the Spiderman character and the costume was found at a second-hand clothing collection centre in Tangga Batu in December.
Source:The Star
February 11, 2026 17:56 UTC
Fimi draws RM2.75bil in foreign investment, creates 31,000 jobs
KUALA LUMPUR: Malaysia has attracted RM2.75bil in foreign investment through the Film in Malaysia Incentive (Fimi) between 2013 and 2025, creating over 31,000 job opportunities, said Deputy Communications Minister Teo Nie Ching. Wan Saiful had asked the ministry to explain Fimi’s impact and the efforts taken to help local creative content reach global streaming platforms. She said the United States, China, India and Australia were the top sources of foreign investment in Malaysian film projects during the same period. Teo added that Finas continues to promote Malaysian films internationally through participation in film markets and festivals, while reviewing Fimi requirements to encourage foreign productions to hire more local crew. “Our local productions have also earned international recognition, with films such as Abang Adik, Mechamato and Ejen Ali The Movie 2 receiving positive reception, including overseas,” she added.
Source:The Star
February 11, 2026 17:36 UTC
Houses of worship: Do not take the law into your hands — Anwar
KUALA LUMPUR (Feb 12): Prime Minister Datuk Seri Anwar Ibrahim emphasised that no one has the right to take matters into their own hands outside the framework of the law in issues related to houses of worship. He said that Malaysia is a country founded on the rule of law and that all parties must respect this principle. "This country is a nation that must abide by the law, [it is] a nation of laws. The prime minister reiterated that all parties must comply with the laws and regulations regarding the construction of houses of worship and sensitive issues in the country to ensure harmony and stability are maintained. Referring to issues related to houses of worship built not according to regulations and the proposal to build a pig farm in Selangor, Anwar said these matters need to be handled properly and respectfully by all parties.
Source:The Edge Markets
February 11, 2026 17:16 UTC
Federal, Sarawak govts to finalise special grant review this year
KUALA LUMPUR (Feb 12): The federal government will hold negotiations with the Sarawak state government this year to review the amount of the special grant under Article 112D of the Federal Constitution, the Ministry of Finance (MOF) said. On the special grant for Sabah, the federal government continued negotiations with the state government on Nov 17, 2025 and Jan 28, 2026, to review the amount under Articles 112C and 112D of the Federal Constitution. The MOF was responding to a question from Rodiyah Sapiee (GPS-Batang Sadong) on the latest status of finalising the new special grant formula for Sabah and Sarawak under Article 112D of the Federal Constitution. It added that the Sabah state government and the federal government are committed to concluding the negotiations within the stipulated timeline. The discussions also include the implementation schedule and the federal government’s commitment to the principle of fiscal equity as provided under the Malaysia Agreement 1963.
Source:The Edge Markets
February 11, 2026 17:11 UTC
MOF: No penalty imposed on MSMEs during e-invoice transition period
KUALA LUMPUR (Feb 12): Micro, small, and medium enterprises (MSMEs) will not face any penalties for any non-compliance with e-invoicing requirements during the transition period, provided that they adhere to the specified guidelines. In a written reply published on Parliament’s website on Wednesday, the Ministry of Finance (MOF) said that during the transition, businesses are allowed to take certain steps, including issuing consolidated e-invoices for all activities and transactions, as well as consolidated self-billed e-invoices for all self-billed transactions. “Businesses are also permitted to include transaction descriptions in the ‘Product or Service Description’ field. If a buyer requests an e-invoice, the business may issue a consolidated e-invoice without having to generate separate e-invoices for each transaction,” the ministry said. The MOF also said that the government has announced additional facilitation measures for Phase 4 of the e-invoicing implementation, which began on Jan 1, 2026, where businesses are granted an extended 12-month transition period, from Jan 1 to Dec 31, 2026, compared with the previous six-month transition period in the earlier phases.
Source:The Edge Markets
February 11, 2026 17:06 UTC
Trump meets Netanyahu, with US-Iran nuclear diplomacy topping agenda
Trump says no to Iranian nuclear weapons, missilesTrump told Fox Business that a good deal with Iran would mean "no nuclear weapons, no missiles," without elaborating. "I will present to the president our perceptions of the principles in the negotiations," Netanyahu told reporters before departing for the US. Iran says its nuclear activities are for peaceful purposes, while the US and Israel have accused it of past efforts to develop nuclear weapons. While Trump and Netanyahu have mostly been in sync and the US remains Israel's main arms supplier, Wednesday’s meeting could expose tensions. "I am against annexation," Trump told Axios, reiterating his stance.
Source:The Edge Markets
February 11, 2026 17:01 UTC
Engineer loses RM1.195mil to gold investment scam
KUALA LUMPUR: An engineer lost RM1.195mil after falling victim to a gold investment scam. "The woman later took the opportunity to befriend the victim and a few days later invited him to join an online gold investment scheme with promises of lucrative returns,” he said in a statement on Wednesday (Feb 11). He said the victim initially invested RM3,000 into a company account before making 20 additional transactions to eight different company accounts, resulting in him losing a total of RM1.195mil. He advised the public to be cautious of any investment offers made by newly acquainted individuals on social media or messaging applications and to verify bank account numbers or company names via the CCID Semakmule Portal at semakmule.rmp.gov.my before carrying out any transactions. Another 10 scam reports each were linked to CVC Grow Star Sdn Bhd, CVCMax Building Sdn Bhd, CICC Vano Trading and AEP Global Enterprise Sdn Bhd.- Bernama
Source:The Star
February 11, 2026 16:50 UTC