Johor-based Astaka Padu Sdn Bhd is taking an integrated approach to its latest development in Tampoi, Johor, combining residential, commercial, retail, hospitality and education components with a focus on wellness.

Known as Amora Park, the 11.76-acre freehold development will comprise f...

Cover Story: Astaka Padu debuts first project since going private

It is a typical day in Ho Chi Minh City. Motorcycles stream through crowded streets, weaving in and out between cars and buses. The honking is incessant. Along the roads, construction barriers, roadworks and unfinished stretches of infrastructure remind you that this city is in the midst of chang...

Vietnam’s property market offers a different perspective

This week, we spoke to OSK Property’s new CEO Chu Wai Lune on how the developer creates value for buyers.  He believes that rather than competing on size or amenities alone, thoughtful design, functionality, future-ready homes and community can make a meaningful difference to buyers.

Making the ordinary extraordinary

Once occupied by industrial properties, Jalan 51A/223 in Petaling Jaya has been transformed into a street with largely commercial and office buildings that benefits from its proximity to the Federal Highway and Asia Jaya LRT station. Property experts familiar with the road say it is a consistent ...

Streetscapes: A consistent performer

Penang’s residential market is seeing resilient demand, supported by an active industrial sector that is driving housing demand, although buyers remain cautious in their spending, according to Nawawi Tie Leung Property Consultants Sdn Bhd executive director and regional head of research and consu...

The Edge Malaysia | Nawawi Tie Leung Property Consultants Penang Housing Property Monitor 2Q2026: Strong industrial sector underpins residential market resilience

Tan & Tan Developments Bhd, the property development arm of IGB Bhd (KL:IGBB), is all set to unveil its mixed-use development — Aviera Bangsar South — in Kuala Lumpur this November.

The freehold project, which has a gross development value (GDV) of RM656 million, comprises the 35-st...

Tan & Tan Developments to launch Aviera Bangsar South next month

The 525km East Coast Rail Link (ECRL), the Phase 1 of which is 98.16% completed, could mark a turning point for Gombak, bringing renewed attention to the area’s commercial potential, surrounding property market and prospects for transit-oriented developments, say property consultants Henry Butche...

Cover Story: Gombak picks up speed for next growth cycle

On March 28, 2025, tremors from a 7.7-magnitude earthquake in Myanmar caused an under-­construction 30-storey State Audit Office building in Bangkok, Thailand — about 1,000km away — to fall like a house of cards. It was the only building to collapse in the country’s capital, and it was later disc...

If China has banned induction furnace steel, why are Southeast Asian nations using it?

Malaysia’s construction industry may be growing at a healthy clip, but many contractors, particularly the smaller ones, may not be receiving their payments quickly enough.

This was the message of a panel discussion titled “Liquidity or liquidation: High-stakes construction projects in a...

When contractors function as banks

Capital investment in technology is surging but workforce readiness remains a challenge, leaving enterprises short of the returns they expect.

Personalised upskilling key to job readiness

Not every photo needs to end up on a social media feed. Some are simply reminders of an ordinary day, whether it is a meal between classes, a funny moment with friends or a quick snapshot taken on the way home.

In response to the curated, polished feeds encouraged by mainstream social m...

Listicle: Apps for the moments you don’t post

Here’s a set of seven skills for you to consider cultivating to get and retain a job in the AI era

 

Human resources (HR) launches an artificial intelligence (AI) tool to analyse employee engagement. The AI reads 15,000 comments and p...

Econ 4.0: AI is here. Which skills matter more now?

Conversations around social entrepreneurship often focus on funding, but a bigger challenge for founders is moving from building businesses that look for customers to creating products and services that customers are actively looking for, says Ahmad Azuar Zainuddin, CEO of Satu Creative Services ...

Beyond Grants: Helping social enterprises build a stronger business case

IIMMPACT Sdn Bhd began in 2018 as a consumer app that allowed users to pay different bills through a single platform, but the business changed direction after struggling to retain customers as larger e-wallet operators expanded.

CEO and co-founder Alex Tan says fewer than 20% of users w...

Platform-as-a-service: IIMMPACT builds bill payment business after consumer app pivot

Alphaswift Industries Sdn Bhd is the only drone maker among the Malaysian companies given access to British chip architect Arm Holdings plc’s chip design technology, and it plans to design its own chip as it builds towards passenger flight.

The local drone industry has come a long way, ...

Cover Story: Betting on chip design for long climb to passenger flight 

Mall developers need to incorporate telecommunications infrastructure at the planning stage as growing demand for digital payments, artificial intelligence (AI) applications and 5G services puts greater pressure on indoor connectivity, says EdgePoint Towers Sdn Bhd.

Planning fibre pathw...

Infrastructure: Mall developers urged to plan early for 5G-ready connectivity

NEWS

Malaysia’s daily multimodal AI use to reach 43% by 2030

Malaysia’s daily use of multimodal artificial intelligence (AI) is projected to reach 43% by 2030, exceeding the global estimate of 30%, according to new research by Erics...

Bits + Bytes: A Miscellany Of Technology

The Sarawak Artificial Intelligence Centre (SAIC) and IBM Malaysia Sdn Bhd plan to establish the Sarawak Quantum Safe Centre, an innovation hub that will help organisations prepare for cybersecurity risks posed by advances in quantum computing.

SAIC, IBM plan Sarawak quantum-safe centre to address post-quantum cyber risks

KUALA LUMPUR (Sept 30): Consumer finance group Skyro has received approval from the Ministry of Housing and Local Government (KPKT) to conduct online moneylending in Malaysia, marking its second Southeast Asian market after the Philippines.

Philippines’ Skyro gets approval to offer online moneylending in Malaysia

The anatomy of an ordinary failure, with extraordinary consequence, is a lesson that Malaysian boards of directors should not ignore.

At 10.02am on Tuesday, Sept 8, a notification appeared at Britain’s air traffic control centre outside Southampton: The link between London Area Control ...

Climate And Environmental Governance: The Tuesday that closed Britain’s skies

The average size of monitored wildlife populations worldwide declined by 73% between 1970 and 2022, according to the World Wide Fund for Nature’s (WWF) “Living Planet Report 2026: The Science of Hope”, released on Oct 8.

Monitored wildlife populations shrink by 73% on average over five decades

With the Ministry of Housing and Local Government (KPKT) preparing to mandate recycling facilities across all shopping malls, retail operators must begin investing substantial time and capital into recycling initiatives, mainly centred on waste separation at source systems and logistics partnersh...

Circular Economy: Malls taking the lead to promote recycling

Six youths looking to sue the government in their bid to enforce Malaysia’s 50% forest cover pledge will know on Dec 9 whether their case can proceed further, their lawyer Lim Wei Jiet tells ESG.

The six applicants are Abe Lim, Sitti Fatimah, Winona Elisha Jemak, Lee Yu Dong, A...

Action: High Court to rule on ‘Mana Hutan Kami’ suit on Dec 9 following AGC objection

The Securities Commission Malaysia’s (SC) announced plan to ask major listed companies for their El Niño preparedness is both a climate-disclosure development and a governance stress test, assessing the quality of board oversight over climate-related business risk.

Many Malaysian organi...

Views: When moderate to low climate risk becomes a board’s blind spot

While carbon footprints and board diversity are frequently discussed, the inclusion of neurodivergent individuals — those with autism, attention-deficit or hyperactivity disorder (ADHD) and other cognitive differences — remains a frontier that few small and medium enterprises (SMEs) have dared to...

Social: Incentive claiming process for hiring PWDs needs to be digitalised and simplified

A common criticism of nature-based carbon projects is that they could erode the rights of indigenous communities who live on the land and rely on the forests for farming, hunting and gathering forest produce.

There are allegations of failure by project developers to engage with indigeno...

Cover Story: Benefit sharing in carbon credit projects must be strengthened

Datuk Ho Leng Wai, executive chairman of CY Plastic Recycling Group of Companies, began his career in this industry on the ground. He started by collecting plastic scrap and later made a trip to China to learn how to turn it into new plastic again.

In 2004, he established a factory in K...

Waste: Consumer acceptance and regulation needed to boost use of post-consumer recycled plastics

Under a voluntary framework unveiled on Sept 28, the Malaysian Communications and Multimedia Commission (MCMC) wants the telecommunications, broadcasting, and postal and courier sectors to manage 15 million devices sustainably and set up 300 e-waste collection and refurbishment points by 2030.

Blueprint: MCMC targets 15 million devices managed sustainably under voluntary road map

KUALA LUMPUR (Oct 9): Lestari Cooling Energy Sdn Bhd, a joint venture between KJTS Group Bhd (KL) and infrastructure-focused investment firm Stonepeak Partners, aims to use its capital expenditure (capex) model to adopt new energy-efficient technologies as they become commercially viable.

...

Preparing district cooling systems for future technologies

The Edge Billion Ringgit Club 2026

The Edge ESG Awards 2026

The Edge Centurion Club Corporate Awards 2026

The Edge Best Managed & Sustainable Property Awards 2026

The Edge Property Excellence Awards 2026

Prime Minister Datuk Seri Anwar Ibrahim proposes a closed-door National Security Council briefing for all lawmakers over potential cyberattacks. More in our quick round-up of some of today’s biggest stories on theedgemalaysia.com

E5: Malaysia a potential cyberattack target, PM warns

IOIPG Malaysia REIT’s initial public offering is expected to raise RM2.1 billion for IOI Properties Group. The REIT will have an initial market value of RM5.3 billion.

NEWS: IOIPG Malaysia REIT prices IPO at 96 sen apiece

IOI Properties Group has started marketing a private real estate fund backed by its Singapore assets worth S$6 billion (RM19.1 billion) to investors. It plans to launch the fund in the next few months.

NEWS: IOI Properties to launch Singapore private real estate fund

The S&P 500 and the Nasdaq rose on Tuesday on a further drop in crude oil prices ahead of US midterm election results, while Apple joined the list of Big Tech companies whose earnings failed to impress investors.

S&P 500, Nasdaq edge higher ahead of midterm results; Apple falls

A brief recap of some business news and corporate announcements that made the headlines on Tuesday.

IOI Properties, IOIPG REIT, Tenaga Nasional, GDB, TWL, HB Global, Malakoff, Orkim, Pertama Digital, MMCS, Asdion, Pekat, Theta Edge, ES Sunlogy

TWL Holdings Bhd (KL:TWL) is seeking shareholders’ approval for another batch of employee share option scheme (Esos) grants made without prior approval, this time involving 119.7 million options awarded to Datin Sek Chian Nee, the wife of its executive chairman and major shareholder Datuk Tan Wei Lian.

TWL Holdings again seeks approval for Esos grants made without prior consent, this time to chairman’s wife

Tenaga Nasional Bhd (KL:TENAGA) has teamed up with IOI Corporation Bhd (KL:IOICORP) and a consortium of 12 small and medium enterprises (SMEs) to develop a 500MW solar power project in Bahau, Negeri Sembilan.

Tenaga, IOI Corp, SME consortium to develop 500MW solar project in Negeri Sembilan

Malaysian energy stocks hit a two-week low on Tuesday as oil prices slumped amid news reports of a potential US-Iran peace deal.

Malaysian energy stocks hit two-week low as oil prices slump

Constituency development funds (CDFs) should be distributed equitably to all members of parliament (MPs), regardless of political affiliation, and must not be used to secure political support, said the Institute for Democracy and Economic Affairs (IDEAS).

IDEAS: Constituency funds to MPs should not be tied to political support

A summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.

FBM KLCI edges up 0.14% to 1,621.85 on Nov 3, 2026

A fresh bout of artificial intelligence (AI) anxiety pressured global stocks on Tuesday, while investors were on tenterhooks as voting began in crucial US midterm elections.

Global stocks slip as AI jitters, US midterms keep investors on edge

PUTRAJAYA (Nov 3): A three-member Court of Appeal bench on Tuesday allowed lawyer Mahajoth Singh’s appeal to have the merits of his judicial review challenge against the Malaysian Anti-Corruption Commission (MACC) heard.

Albert Tei’s lawyer wins appeal to have MACC challenge heard

IOIPG Malaysia Real Estate Investment Trust has priced its shares at 96 sen apiece for its Main Market listing.

IOIPG Malaysia REIT sets Main Market IPO at 96 sen apiece

Pertama Digital Bhd (KL:PERTAMA) has paid an additional earnest deposit of S$799,600, or RM3.26 million, to extend the deadline for completing its proposed acquisitions of 80% stakes in D-Ron Singapore Pte Ltd (D-Ron SG) and D-Ron Malaysia Sdn Bhd (D-Ron MY) to Dec 31, 2026.

Pertama Digital pays additional S$800,000 deposit to extend D-Ron acquisition deadline to end-2026

Former economy minister Datuk Seri Mohd Rafizi Ramli turned up at the Royal Malaysian Police (PDRM) headquarters in Bukit Aman on Tuesday to give his statement regarding a speech he delivered at a ceramah in Selayang, Selangor, last month.

Rafizi gives police statement over allegations involving 'corporate mafia', RM9.5m payment and Azam Baki

Gross direct tax collection for the first 10 months of 2026 rose 5.8% to RM174.48 billion, up from RM164.92 billion in the same period last year, said Prime Minister Datuk Seri Anwar Ibrahim.

Gross direct tax collection up 5.8% to RM174.48 bil in first 10 months of year — PM

(Nov 3): American voters will deliver a verdict on the first two years of President Donald Trump's second term in Tuesday's midterm elections, with polls and nonpartisan analysts favoring Democrats to wrest the House from Republicans while control of the Senate remains uncertain.

Trump faces midterm verdict with control of Congress at stake

PUTRAJAYA (Nov 3): A three-member Court of Appeal bench has deferred the hearing of the final appeal by a former magistrate who was convicted of six counts of graft and sentenced to 12 years’ jail and fined a total of RM1.05 million.

Court of Appeal defers former magistrate’s final graft appeal over lawyer’s lack of preparation

For more than two months, Malaysia has been shrouded in cross-border haze that has grown increasingly severe. While haze is an annual occurrence in Indonesia, Malaysia, Singapore and Timor-Leste, this year’s episode has been described as the worst since 2015.

Choking fumes sweep across Malaysia

The number of Malaysians aged 65 and above crossed the one-million mark in 2002, accounting for 4.2% of the population. Back then, those aged 14 and below made up a third of the population.

Fastest ageing states as Malaysians grow older

Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.

Malaysia to expand local currency use through BRICS cooperation — MOF

Deputy Commissioner General of Prisons (Community) Hafidz Othman has been appointed the new cmmissioner general of prisons, effective Nov 5, the Prisons Department said.

Hafidz Othman appointed new commissioner general of prisons

Datuk Ng Chee Siong has been appointed executive director of ready-to-serve food company HB Global Ltd (KL:HBGLOB), while the company’s chief financial officer (CFO), Lim Yong Hwa, has resigned amid a delay in issuing its 2025 annual report.

HB Global appoints Ng Chee Siong as executive director as CFO exits amid annual report delay

The government plans to develop about 50 latex depots next year to strengthen local rubber production, thereby reducing reliance on latex imports.

Zahid: Govt eyeing 50 additional latex depots in 2027 to reduce reliance on imports

KUALA LUMPUR (Nov 3): Orkim Bhd (KL:ORKIM) plans to add five more tankers to its fleet between 2027 and 2029, as the marine transportation group continues to expand its carrying capacity amid favourable market conditions.

Orkim to add five more vessels to fleet by 2029

Finance Minister II Datuk Seri Amir Hamzah Azizan said he would discuss insurers’ restrictions on specialists’ access to direct billing with Bank Negara Malaysia (BNM), after concerns were raised over patients’ choice of doctors and continuity of treatment.

Amir Hamzah to discuss insurers’ restrictions on specialists with BNM, warns against practices driving up medical costs

ES Sunlogy Bhd (KL:SUNLOGY) has been awarded two subcontracts worth a combined RM25.07 million by Kerjaya Prospek Group Bhd (KL:KERJAYA) for electrical and infrastructure works in Pulau Andaman, Penang.

ES Sunlogy wins two electrical works subcontracts from Kerjaya Prospek

I have always enjoyed history, especially stories of wars and conflicts: how they begin, how people defend what matters to them and how the consequences can outlast the fighting. Reflecting about tensions around the Strait of Hormuz, I found myself thinking of a different war over oil.

Opinion: The other war on oils — part 1: The war at the supermarket shelf

MM Computer Systems Bhd (KL:MMCS) said it has secured a purchase order worth RM51.58 million to supply graphics processing unit (GPU)-accelerated servers.

MM Computer Systems bags RM52m job to supply AI-ready servers

Theta Edge Bhd (KL:THETA) said it has secured a RM33.01 million contract to be the exclusive supplier of up to 5,742 laptops and desktop computers to an IT solutions company.

Theta Edge bags RM33m contract to supply laptops and desktops

More degrees, wrong skills: Malaysia's graduate mismatch

The 33-piece fine jewellery oeuvre is inspired by the late cultural historian Azah Aziz’s sartorial legacy, drawing from her book 'Malay Textiles and Costumes: Form and Style'.

Suen’s latest Tita collection is an ode to Malaysian textiles and their motifs 

Between global premieres, collector fervour and a friendlier format, the second edition of the luxury event is fast earning a permanent spot on the horological calendar.

Bangkok Watch Week 2026 raises the bar for haute horlogerie in Southeast Asia

From glass sculptures and jewellery to paintings and textile design, the artworks are being showcased at ChinaHouse in George Town until Nov 30.

Mixed media exhibition 'Men with Plants IV' reflects on the importance of greenery and green spaces

A preview of the vehicles was recently held at the Mercedes-Benz Center in Singapore, showcasing the luxury automaker’s cutting-edge technology for the electric age and beyond.

Up close and personal with the new Mercedes-Benz electric GLC and CLA 200 AMG Line

Themed around a 'Dissident Chorus', this year's edition of the major South Korean art event gathered 46 artists from around the world to explore the politics of noise.

Busan Biennale 2026 delivers its most resounding edition yet through evocations of sound and sea

KUALA LUMPUR (Oct 6): Two additional general partners (GPs) have been named in Jelawang Capital Sdn Bhd’s inaugural 2025 Emerging Fund Managers’ Programme (EMP) cohort, more than 15 months after the first three were announced.

Two more firms named in Jelawang’s inaugural Emerging Fund Managers’ Programme cohort

KUALA LUMPUR (Oct 6): Malaysia needs to ensure the investments it attracts translate into deeper local supply chains, higher-value jobs and greater participation by domestic companies, said UOB Malaysia CEO Datuk Ng Wei Wei.

Malaysia needs to turn foreign investment into stronger local supply chains

For much of the past two years, investors have asked when the US Federal Reserve would start cutting interest rates. After Jackson Hole, a gathering of central bankers, a more important question has emerged: are markets prepared for rates to remain higher for longer?

The message from Ja...

Pitfalls & Pitch Calls: Rate uncertainty and your portfolio

There is a peculiar feature of modern wealth. Some of the biggest things we aspire to own make surprisingly little financial sense. Take a car. In a city where ride-hailing is readily available, the mathematics of ownership can be difficult to justify once you add the purchase price, depreciation...

Wealth, by Design: Lifestyle tax: The price of the life we choose

Income funds took the spotlight for the third consecutive month. Five of the seven new funds launched from mid-August to mid-September were income or income-related funds, according to the Federation of Investment Managers Malaysia.

The seven funds were AHAM Shariah Gold Tracker Ringgit...

Funds: Seven funds launched from mid-August to mid-September

Tokenisation, the act of representing an asset or claim as a token on a distributed ledger or blockchain, has remained under the radar among local financial institutions. Until recently.

The catalyst, market observers say, came from Bank Negara Malaysia, when it launched the Digital Ass...

Cover Story: Banks shift tokenisation into higher gear

Transitioning from the entertainment industry to the food and beverage (F&B) sector is not easy, but when comedian Ajak Shiro heard his child express a desire to start a fried chicken business, he thought of making the idea a reality.

Ajak, whose real name is Mohd Hanaffi Razak, loo...

Private Deal: Celebrity-founded nasi padang restaurant chain Bumbu Babah aims to raise RM20 mil

Two veterans of Malaysia’s start-up and investment ecosystem — entrepreneur and investor Sivapalan Vivekarajah and former Pitch Platforms Sdn Bhd (pitchIN) chief operating officer Xelia Tong — are launching a RM50 million debut venture fund.

Main Market-listed automotive replacement-par...

Venture Capital: Cypress Asia launches RM50 mil debut venture fund with New Hoong Fatt as anchor investor

Halogen Capital, the country’s first licensed digital asset fund manager, is in the process of launching Malaysia’s first digital currency exchange-traded fund (ETF).

Its founder and CEO Hann Liew says the firm is preparing a shariah-compliant Bitcoin ETF, potentially giving millions of...

TheWall: Halogen aims to go mainstream with ETF, starting with digital assets

KUALA LUMPUR (Sept 25): Khazanah Nasional Bhd’s venture capital fund-of-funds, Jelawang Capital Sdn Bhd, has appointed Howard Soh as CEO, effective Oct 1.

Soh’s appointment comes about 15 months after former CEO Bryan Lim left Jelawang and its parent, Khazanah, at the end of June 2025, ...

Jelawang Capital appoints new CEO Howard Soh after long vacancy

Summary

•    Alam Maritim has exited the offshore support vessel business. It is now exclusively in subsea services, with saturation diving expertise

•    The...

Alam Maritim banks on subsea services after second restructuring

AFTER years of delay, investors in 8 Conlay must now decide on three options presented by the receivers and managers (R&M) of the developer and Magna Prima Bhd (KL:MAGNA) as the rehabilitation developer under a proposed scheme of arrangement as a way forward from the current stalemate. The sc...

Magna Prima: Rehabilitation framework a tangible pathway towards project completion

Summary

•    654 buyers of 8 Conlay units face a vote within days on a RM700 million rehabilitation that would restart construction, wipe out LAD and end the Kempinski brand

Light at the end of the tunnel for KL’s 8 Conlay?

Summary

•    Eng Lian group has proposed to take Toyo Ventures private via selective capital reduction (SCR) and repayment scheme at 28 sen per share

•    Toy...

Eng Lian’s costly energy bet on Toyo Ventures ends in 28 sen buyout

Malaysian REITs

OVERWEIGHT

RHB INVESTMENT BANK (OCT 20): We continue to like the M-REITs sector for its defensive qualities, with underlying fundamentals still healthy d...

Brokers Digest: Local Equities - Malaysian REITs, CIMB Group Holdings Bhd, Gamuda Bhd, Mr DIY Group (M) Bhd

Summary

•    The haze has taken a toll on the economy, with smaller businesses, lower-income households and outdoor workers among the hardest hit

•    Travel ...

Dirty air burdens economy as losses mount

Notable filings

Between Oct 12 and 16, notable changes in shareholding among companies traded on Bursa Malaysia included those at plantation counter United Malacca Bhd (KL:UMCCA).

The Tee family vehicle, Prosper Trading Sdn Bhd, acquired 28.19 million United...

Insider Moves: United Malacca Bhd, Turiya Bhd, Foodie Media Bhd, AMMB Holdings Bhd, Malakoff Corp Bhd 

The Federal Constitution has rightfully taken pride of place among the constitutional documents generated when Malaya secured its independence from the British on Aug 31, 1957. Along with it were Acts passed by the British parliament and the newly established Malayan parliament. Preceding Merdeka...

My Say: 69 years from Independence: How have we fared in maintaining our founding principles?

“Integrity” is a moral quest more than a possession; it is an attribute to be attained, maintained and exercised by an individual. That seems to be its basic meaning. It signifies a work in progress; one strives for it rather than possesses it.

In any case, it is a very useful word, wid...

Picking On The Present: Effective governance requires integrity in leadership and the system

A consortium led by US billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major Lukoil's international assets and a deal is expected within weeks, four people close to the sales process said.

US billionaire leads swap plan to buy Lukoil's overseas assets — Reuters

Binance said on Tuesday hackers used a bogus job interview to compromise a computer and an internal artificial intelligence (AI) tool to gain control over the company's wallets before draining US$6.3 billion (RM25.7 billion) worth of crypto, in what could be the largest-ever financial heist.

Binance hackers used fake job interview to compromise computer before US$6.3 bil attack

New orders for US factory goods increased more than expected in September, boosted by bookings for aircraft and a range of other goods, government data showed on Tuesday.

US factory orders beat expectations in September amid broad strength

US job openings increased sharply in September while layoffs fell, supporting economists' views that the labour market remained on firmer footing despite tepid employment gains during that month.

US job openings increase sharply in September

Ferrari on Tuesday raised forecasts for this year's results after beating consensus on core profit and revenue in the third quarter, sending shares in the Italian luxury sports car maker up as much as 4.7%.

Ferrari lifts forecasts after outperformance, Luce EV demand strong

President Donald Trump on Tuesday said he made a deal with Israeli Prime Minister Benjamin Netanyahu that Washington would stop US$4 billion (RM16.3 billion) in funding to Israel after the end of this year.

Trump says US will stop US$4b in funding to Israel at end of 2026

Gold prices ticked up on Tuesday as a decline in oil prices slightly eased inflation concerns, while investors awaited the outcome of US midterm elections for fiscal policy clues.

Gold edges higher on softer oil prices; US midterms in focus

Fiserv has cut its employee and contractor base by 3,000 since June, including a reduction of senior management by more than 10%, CEO Takis Georgakopoulo said on an earnings call on Tuesday.

Fiserv cuts 3,000 employees and contractor jobs under new CEO

Honda Motor Co Ltd’s European chief said the Japanese carmaker may rebuild a manufacturing presence in the region, depending on the final outcome of new rules in the European Union that will favour locally made cars.

Honda weighs restarting EU car output as new rules take shape

Americans voted on Tuesday in pivotal midterm elections with Democrats hoping to seize control of Congress and impose the first significant checks on Donald Trump's chaotic second term in the White House.

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