<div class=newsTextDataWrapInner>BNM maintains 2021 GDP growth projection at 6% to 7.5%</div>

<div class=newsTextDataWrapInner>For the full story, click <a href="https://www.theedgemarkets.com/article/malaysia-sees-smaller-yoy-gdp-contraction-05-1q21-thanks-expansion-exports-and-domestic" target="_blank">here</a>.</div>
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BNM maintains 2021 GDP growth projection at 6% to 7.5%

Cities in France, Germany and Italy were bracing for mass demonstrations on Saturday, with thousands of people expected to take to the streets to protest high living costs and other grievances with governments across Europe.

Europe braces for more protests as cost-of-living anger grows

Crowds began gathering at Padang Merdeka here as early as 5.30am on Saturday, eager to join celebrity Bella Astillah and Muar Member of Parliament Syed Saddiq Syed Abdul Rahman in celebrating their marriage at a kenduri rakyat.

Over 20,000 turn out for Bella-Syed Saddiq kenduri rakyat in Kota Kinabalu

OpenAI chief executive officer Sam Altman met with Samsung Group’s top executives in South Korea on Saturday to deepen cooperation on memory chips and artificial intelligence (AI) infrastructure as global shortages intensify.

OpenAI’s Altman meets Samsung executives as chip crunch deepens

OpenAI has cut its fundraising target by US$10 billion (RM40.6 billion) as an AI stock sell-off and rival Anthropic PBC’s impending public listing complicate its efforts to secure investor commitments, the Financial Times (FT) reported.

OpenAI funding target cut by US$10 bil as AI slumps — report

The Public Service Department (JPA) is confident that civil servants will fully comply with the ban on the use of the Waze navigation application.

Waze ban: Public Service Dept confident of full compliance among civil servants

Two additional state assembly seats to be contested by MCA candidates in the 16th Melaka state election, namely Kota Laksamana (N.20) and Bandar Hilir (N.22), pose a significant challenge for the party to secure the people's mandate in the state, especially from the Chinese community.

Melaka polls: Two additional seats a great challenge for MCA, says Wee Ka Siong

Pakatan Harapan (PH) has denied claims by Parti Gerakan Rakyat Malaysia (Gerakan) president Datuk Dr Dominic Lau Hoe Chai that the coalition was involved in the issue surrounding the deregistration of Perikatan Nasional (PN) by the Registrar of Societies.

Melaka polls: PH denies involvement in PN deregistration issue — Adam Adli

With the dust having settled after nominations on Saturday morning, the battle lines have been drawn, paving the way for political parties to vie for the 28 seats in the upcoming Melaka state election.

Melaka polls: Candidates, key battlegrounds and political stakes

The European Union (EU) is rushing to forge a new transatlantic alliance just as an old one is falling apart.

As Trump unravels the old world order, Canada and EU join forces

A total of 79 candidates representing various political parties, coalitions and independents have been confirmed eligible to contest in the 16th Melaka state election on Nov 14.

Melaka polls: 79 candidates to contest 28 seats, straight fights in 11 constituencies

Gamuda Land and Taylor’s Assets have fully sold Block B of Haus on 15, their mixed-use development on the former Taylor’s College campus in SS15, as they officially launched the project on Saturday and opened Block A for sale. Block B was soft launched in early October.

Gamuda Land, Taylor’s Assets launch Haus on 15 in Subang Jaya; Block B fully sold

The nomination process for the 16th Melaka state election has been completed after all 28 nomination centres across the state closed at 10am on Saturday morning.

Melaka polls: All 28 nomination centres close at 10am

Intel Corp suffered its worst stock rout in more than four decades after the PC industry slump and supply-chain snags hurt its forecast, renewing fears about the chipmaker’s turnaround bid.

Intel suffers worst stock drop in decades on weak forecast

A sharp sell-off in Wall Street's tech shares pushed MSCI's global index down 1.5% on Friday, sending investors to the safety of US bonds on fears that hefty cash-burning artificial intelligence (AI) investments may not deliver sufficient returns.

Stocks fall on AI cash burn worries while bonds rally with oil

SD Guthrie Bhd (KL:SDG) has set its sights on delivering higher shareholder returns, with its new president and group chief executive officer&nbsp;Mohd Haris Mohd Arshad tasked with building on the foundations laid by his predecessor.

On a mission to drive higher returns

Two-term incumbent Kerk Chee Yee of Pakatan Harapan (PH) is set for a four-cornered battle to defend his Ayer Keroh (N.16) state seat in the upcoming Melaka state election.

Melaka polls: Four-cornered battle looms in Ayer Keroh as PH incumbent defends seat

A total of 79 candidates representing various political parties, coalitions and independents have been confirmed eligible to contest in the 16th Melaka state election on Nov 14.

With the dust having settled after nominations on Saturday morning, the battle lines have been drawn, paving the way for political parties to vie for the 28 seats in the upcoming Melaka state election.

Melaka Malaysian Chinese Association (MCA) chief Datuk Lim Ban Hong is set for a four-cornered race as he seeks to defend the Kelebang <a href="https://theedgemalaysia.com/askedge/elections/state/melaka/N.14" target="_blank">(N.14)</a> state seat in the upcoming Melaka state election.

Melaka MCA chief Lim Ban Hong in four-cornered fight to retain Kelebang seat

Bukit Katil incumbent and Alor Gajah MP Adly Zahari of Amanah (Pakatan Harapan) faces a tough siege from a joint offence from Perikatan Nasional’s PAS and Barisan Nasional.

Melaka polls: PH’s Adly faces PAS-BN tie-up in defence of Bukit Katil

Caretaker Melaka Chief Minister Datuk Seri Ab Rauf Yusoh faces a straight fight as he seeks to defend the Tanjung Bidara <a href="https://theedgemalaysia.com/askedge/elections/state/melaka/N.02" target="_blank">(N.02)</a> seat in the 16th Melaka state election on Nov 14.

Melaka polls: Ab Rauf challenged by PH's Mohd Yunazri Mustamiri in Tanjung Bidara

A trio of US Federal Reserve (Fed) officials reaffirmed the need for additional interest-rate hikes while counseling a gradual approach to tightening that would minimise disruptions to financial markets and the economy.

Fed officials back more rate hikes, gradual pace of tightening

The nomination process for the 16th Melaka state election on Saturday drew political leaders from various parties, including Wanita DAP chief Teo Nie Ching, who turned out to lend support to their respective candidates.

Melaka polls: Teo accompanies PH's Bandar Hilir candidate to nomination centre

China’s factory activity shrank in October, underscoring the challenges facing policymakers as they seek to sustain an economic recovery to ensure this year’s growth target is met.

China factory activity drops back into decline as growth wobbles

Apple Inc reclaimed the title of world’s most valuable company on Friday, taking the mantle from Nvidia Corp as investors seek the perceived safety of the iPhone maker amid concerns about artificial intelligence (AI) spending.

Apple overtakes Nvidia to become world’s most valuable company

President Donald Trump said the US is looking into whether North Korean hackers were behind a US$6.3 billion (RM25.6&nbsp;billion)&nbsp;heist targeting Binance that has rattled the cryptocurrency world.

Trump says US looking at whether Binance hack was by North Korea

Amazon.com Inc&nbsp;has set up supplier financing arrangements to borrow as much as US$80 billion (RM325&nbsp;billion) against the value of hardware it buys, the company’s latest move to preserve financial flexibility as it spends hundreds of billions on artificial intelligence (AI) infrastructure.

Amazon taps US$80 bil supplier loan facility to help fund AI

Barisan Nasional (BN) supports the signing of a confidence and supply agreement (CSA) between the government, Parti Pribumi Bersatu Malaysia, and several independent members of Parliament, and has proposed extending the agreement to other parties from both the government and opposition blocs.

BN supports confidence and supply agreement, proposes extending pact to other parties

S&amp;P Global Ratings took an early step towards potentially downgrading Meta Platforms Inc’s credit rating within the next two years, amid growing pressure on the tech company’s balance sheet stemming from elevated spending tied to artificial intelligence (AI).

Meta’s rating outlook cut to negative by S&P on AI spending

From the early 1980s until the COVID-19 pandemic hit in 2020, the world economy enjoyed unusually good conditions. The Cold War ended, defense budgets shrank, and hundreds of millions of workers joined the global market. Energy and metals were mostly cheap, and supply chains stretched across bord...