Mynt Inc, the operator of the mobile-payments app GCash, closed unchanged in its debut after the biggest-ever initial public offering (IPO) in the Philippines that the company said will bankroll growth through an expansion of lending and financial services.

GCash owner erases gains in debut after record Philippines IPO

(Oct 7): As equity investors enter the final stretch of a pivotal year that’s propelled South Korea and Taiwan to the forefront of the global AI trade, the latter is emerging as the stronger bet.

Taiwan dethrones Korea atop global markets as AI trade widens

(Sept 28): Global fund managers are dialing back their long-running retreat from Chinese stocks, drawn by AI prospects and favourable valuations.

Global funds end underweight position on China after four years

(Sept 10): Global investors are tiptoeing back into Indonesian markets after the turmoil witnessed earlier this year, drawn by a striking rebound in local assets as policymakers stepped in to restore stability.

Global money trickles back to Indonesia as markets recover

(Aug 18): Adani Enterprises Ltd, the flagship of Asia’s richest man Gautam Adani, is back to where it stood just before the conglomerate’s crisis began more than three years ago: the best-performing stock on India’s equity benchmark.

Adani flagship eyes India’s Nifty crown after years of turmoil

This week’s upheaval in global equities is prompting investors in Asian stocks to turn their attention to markets where their ownership has been falling in recent years, with China and Malaysia fitting the bill.

Stock meltdown turns EM Asia’s spotlight on China, Malaysia

Asia looks ready to turn a corner in quarterly earnings growth this results season, and traders are focusing on key themes to make the most of the opportunity.

AI, yen among hotspots to watch in Asia this earnings season 

Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition.

What observers are saying as Singapore’s Lee paves way for next PM Wong

This was supposed to be the year that China’s economy roared back to life and, in the process, turned the country’s stocks and bonds into must-buys for global investors once again.

Pimco, JPMorgan gearing up for long winter in Chinese markets

Four Singaporean blue-chip stocks lost a combined market capitalisation of S$863 million last Friday amid record volumes after MSCI Inc deleted them from its benchmark for the city state’s largest stocks.

MSCI Singapore deletions shave S$863 million off market value

The Ministry of Finance (MOF) said Bank Simpanan Nasional, a statutory body under its purview, has paid RM13.52 million in claims to victims of a fake investment scheme run by a former employee at its Kuching branch.

BSN has refunded 92.9% of claims in Kuching investment scam — MOF

US Treasuries surged — sending the US 10-year yield back below 5% — as investors sought shelter from tumbling share prices for companies leading the boom in spending on artificial intelligence (AI).

US 10-year yield falls below 5% as investors flock to safe havens

Malaysia must strengthen gas supply security, invest in infrastructure and prepare for future demand to maintain a reliable and competitive energy system amid geopolitical uncertainty.

MyGAS 2026: Securing Malaysia’s gas future amid global uncertainty 

The Ministry of Finance (MOF) will allocate RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) in 2027 for early sukuk redemption, with the funds also aimed at strengthening Lembaga Tabung Haji’s (TH) cash flow.

MOF to inject RM1 bil into Urusharta Jamaah for sukuk redemption in 2027

The US Treasury Department on Thursday proposed new regulations to bar large institutional investors from buying up single-family homes, the latest step in the process to implement the most controversial section of the sweeping bipartisan housing law passed this summer.

Treasury unveils rules banning large investors from buying homes

Taiwan’s stock exchange will shut on Friday as Typhoon Champi approaches the island, bringing heavy rainfall and strong winds and prompting authorities to shut offices and schools in capital city Taipei.

Taiwan’s US$5 tril stock market to close on Friday as Typhoon Champi nears

Student safety, TVET development and social protection for industrial trainees were among the key issues raised on the final day of the policy-stage debate on the Supply (Budget) Bill 2027 on Thursday.

School safety, TVET direction among key issues in final day of Budget 2027 debate

The tech-heavy Nasdaq slid more than 1% on Thursday as growth stocks weakened after earnings from mega-caps Tesla and Meta failed to allay artificial intelligene (AI)-related concerns, with a recovery in oil prices further adding to market unease.

Nasdaq falls more than 1% on AI spending jitters

The Women, Family and Community Development Ministry (KPWKM) will reveal the findings of a study on bullying conducted through the National Population and Family Development Board (LPPKN) as early as this week or next week.

Bullying study findings to be revealed soon — Nancy Shukri 

Here is a brief recap of some business news and corporate announcements that made headlines on Thursday:

Zetrix AI, RHB Bank, TSH Resources, RedPlanet, Aizo Group, BMS, Harbour-Link, Jati Tinggi, TNB, Kerjaya Prospek, Exsim Hospitality, Pavilion REIT and Foodie Media

A financially-distressed Chinese property developer will sell its massive hotel complex in Hong Kong to Malaysia’s ParkCity Group for some RM1.4 billion.

Massive Hong Kong hotel complex to be sold to Malaysian developer for RM1.4 bil

Developers of a new US-backed undersea data cable linking Malaysia, Vietnam, Singapore and Thailand will this month select a cable supplier between Japan's and France's Alcatel Submarine Networks, a project executive told Reuters.

New US-backed data cable linking Malaysia to other Southeast Asian nations to pick NEC or Alcatel as supplier, developer says

The ban on the use of the Waze navigation app applies only to public servants carrying out official duties and does not extend to all Malaysians, a minister told the Dewan Rakyat on Thursday.

Waze ban applies only to public servants on official duties, says Gobind

The appellate court has unanimously ruled that the Inland Revenue Board (IRB) has to return tax collected on compensation from properties or land that are forcefully acquired by the authorities.

IRB must return tax collected on compensation from forcefully acquired property, says appellate court

Zetrix AI Bhd (KL:ZETRIX) said no payment default has occurred under its RM2 billion sukuk, as the trustee is scheduled to meet sukuk holders on Friday (Oct 23) to discuss a proposed resolution to a breach involving managing director Wong Thean Soon’s shareholding.

Zetrix AI sukuk holders to meet on Oct 23 to discuss covenant breach, no payment default yet 

Two former senior Lembaga Tabung Haji (TH) officials pleaded not guilty in the Sessions Court here on Thursday for cheating the board of directors in relation to hibah payments totalling RM3.3 billion for the 2017 financial year.

Ex-Tabung Haji CEO, CFO claim trial to cheating board to facilitate RM3.3 bil hibah payment

The Shah Alam High Court has dismissed a striking out application brought by developer Midlands City Sdn Bhd, in a suit brought by 24 purchasers for delays in procuring strata titles and a Certificate of Completion and Compliance (CCC).&nbsp;

High Court dismisses striking out application by Midlands City, orders full trial in suit brought by purchasers

KUALA LUMPUR (Oct 22): A former deputy religious affairs minister has urged the government to look into the financial health of Urusharta Jamaah Sdn Bhd (UJSB), the company set up by the government in 2018 to take over Tabung Haji's troubled assets.&nbsp;

Datuk Ahmad Marzuk Shaary (PN-P...

Former deputy religious affair minister wants scrutiny of UJSB's financial health, cite NexG disposal 

Here is a brief recap of some business news and corporate announcements that made headlines on Thursday:

Global firms and governments rushed on Thursday to patch critical flaws in the PHP programming language that underpins much of the internet, as a cloud firm reported millions of hacking attempts after vulnerabilities were disclosed.

Millions of hacking attempts as companies, governments rush to patch PHP flaws

TSH Resources Bhd (KL:TSH) has responded to queries from the Singapore Stock Exchange (SGX) over recent forest and peatland fires in Indonesia, denying that its plantation operations contributed to the transboundary haze.

TSH Resources responds to SGX queries over Indonesian fires, haze, denies operational links

Perikatan Nasional gets to contest the Nov 14 Melaka election under its own banner after the High Court here on Thursday stayed its deregistration by the Registrar of Societies.

High Court stays PN deregistration, allowing bloc to contest Melaka polls   

CYBERJAYA (Oct&nbsp;22): Civil servants who defy the immediate ban on navigation app Waze could face disciplinary action, National Security Council (MKN) director general Datuk Raja Nushirwan Zainal Abidin said.

Civil servants who defy Waze ban face disciplinary action — National Security Council

Perak has launched Kerian Industrial City (KIC), a 287-acre development in Dennistown with an estimated gross development value (GDV) of RM700 million.

Perak launches Kerian Industrial City with RM700m GDV, projects 12,000 jobs

CYBERJAYA (Oct 22): Malaysia’s home-grown navigation application TuJu has recorded more than 700,000 downloads to date, positioning it as an alternative to Waze and Google Maps.

TuJu navigation app records over 700,000 downloads

Foodie Media Bhd (KL:FOODIE) caps its first full financial year as an ACE Market company with a sharp rise in earnings, amid growing demand for digital content, influencer marketing and events.

Foodie Media rides digital advertising wave to cap FY2026 with 68% rise in net profit 

Temasek Singapore president Png Chin Yee is set to join the board of CapitaLand Investment Ltd, while chairman Miguel Ko is retiring from the real estate asset manager.

Singapore’s CapitaLand adds Temasek executive to board

A consortium led by Jati Tinggi Group Bhd (KL:JTGROUP) has secured a RM568.2 million contract from Tenaga Nasional Bhd (KL:TENAGA) for a transmission main intake substation in Paka, Terengganu.

Jati Tinggi-led consortium bags RM568.2 mil TNB contract in Terengganu 

Stocks of Indonesian companies with high shareholding concentrations will be excluded from the Jakarta composite index starting from Nov 2, according to an announcement by the country's stock exchange on Thursday.

Indonesian stocks with high shareholding concentrations to be excluded from index starting Nov 2

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CONSUMER goods companies are looking to Budget 2027 for a lift in household spending, as highe...

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