RHB Bank Bhd reported today that third quarter net profit rose to RM622.25 million from RM615.83 million a year earlier although revenue fell.

RHB Bank 3Q net profit up at RM622m from RM616m a year earlier

KUALA LUMPUR (Oct 31): Supermax has cautioned that the next few quarters are expected to be “bumpy” and challenging for the rubber glove manufacturer due to difficult market conditions, including the highly-overstocked position of many glove buyers, the current low demand and oversupply which has led to low average selling prices (ASP) after bumper earnings in FY21.

Supermax warns of ‘bumpy’ quarters ahead on glove oversupply, low demand

KUALA LUMPUR (Oct 31): Supermax Corp Bhd, which has earmarked around RM3.9 billion for the rubber glove maker's expansion, said on Monday (Oct 31) about RM1.3 billion has been set aside for the group’s expansion plans in Malaysia and a further US$550 million (RM2.6 billion) allocated for phase one and phase two of its manufacturing project in the US.

Supermax earmarks RM3.9b for expansion, eyes first US glove in 2023

Australia and New Zealand Banking Group Ltd (ANZ), which owns a 23.8% stake in AMMB Holdings Bhd (AmBank), said on Thursday (Oct 27) it had during the financial year ended Sept 30, 2021 recognised a A$347 million (RM1.06 billion) reduction in equity-accounted earnings after tax.

This comprised a A$212 million portion, which reflected ANZ's share of the settlement provision following AmBank's agreement with the Malaysian Ministry of Finance (MOF) to resolve 1Malaysia Development Bhd (1MDB)-related claims, besides another A$135 million which reflected ANZ's share of the impairment of AmBank's goodwill, according to notes accompanying ANZ's financial results for the financial year ended Sept 30, 2022.

ANZ recognises A$347m reduction in AmBank equity-accounted earnings on 1MDB claims, goodwill impairment

Bursa Malaysia Bhd's share-trade volume spiked past eight million securities on Thursday (Oct 20) to its highest in about a year, as the local bourse regulator and operator's share price closed down after a final-hour slump.

Bursa stock's trading volume spikes to highest in a year after final-hour price slump

Bursa Malaysia Bhd has said it is soliciting proposals for the commercialisation of the Exchange Square's annexe at Bukit Kewangan in Kuala Lumpur.

Bursa soliciting bids for Exchange Square annexe commercialisation

KUALA LUMPUR (Oct 14): The ringgit weakened against the Singapore dollar (SGD) to a new record exchange rate of 3.3025 on Friday (Oct 14), after Singapore tightened its monetary policy in the morning to fight inflation.

Ringgit weakens against Singapore dollar at all-time low for third straight day, now at 3.3025

Permodalan Nasional Bhd's attempt to block Bermaz Auto Bhd's proposed general mandate to issue new shares at the recent annual general meeting has failed.

PNB's attempt to block Bermaz's proposed mandate to issue new shares fails

KUALA LUMPUR (Oct 12): The ringgit closed at a new record low against the Singapore dollar on Wednesday (Oct 12), depreciating by 0.47% to 3.2609 from the previous close of 3.2457.

Ringgit closes at record low of 3.26 against Singapore dollar

Hartalega Holdings Bhd said it is eyeing mergers and acquisitions (M&A) in a planned diversification which will see the company explore opportunities to mitigate risks of being just an original equipment manufacturer (OEM) producer of gloves with plants only in Malaysia.

Hartalega eyes M&A in diversification push

KUALA LUMPUR (Nov 12): Selling pressure on MR DIY Group (M) Bhd (KL:MRDIY) continues to push the retailer’s shares lower, although "buy" recommendations remain plentiful as the group faces intense competition from China-based e-commerce platform Pinduoduo (PDD).

MR DIY hits six-year low on Pinduoduo competition fears, though most analysts stay bullish

Genting Singapore has reported earnings of S$54.7 million (RM173.7 million) for its 3QFY2026, down 42% year-on-year. Revenue in the same three months ended Sept was down 13% to S$566.1 million, with its key gaming revenue portion down by more than a fifth to S$315 million.

Genting Singapore's 3Q earnings down 42% on weaker gaming revenue

Türkiye has been selected as the preferred country to supply an alternative to Norway's Naval Strike Missile (NSM) for the Royal Malaysian Navy's (RMN) Littoral Combat Ship (LCS) project.

Malaysia picks Turkish firm to supply missiles for LCS 

Nvidia's board met on Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told Reuters, as the world's dominant supplier of artificial intelligence (AI) chips grapples with fallout from reports of two extramarital affairs involving its longtime leader.

Nvidia board weighs CEO Huang's future as leadership crisis deepens

Johor Plantations Group Bhd’s (KL:JPG) net profit for the third quarter slipped 5.4% on the back of lower palm product delivery volumes, but was supported by firmer prices.

Johor Plantations 3Q net profit slips 5% on lower delivery volumes

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

FBM KLCI falls 0.58% to 14-month low of 1,585.96 on Nov 12, 2026

Sales during China's Singles' Day shopping festival rose 4.8% from a year earlier to 1.78 trillion yuan (US$267 billion or RM1 trillion), data provider Syntun said on Thursday, as e-commerce platforms used chatbots to drive sales of AI-related products and other discounted goods.

China's Singles Day sales rise 4.8% to US$267b; AI takes larger role

Shares related to data centre investments in Malaysia fell on Thursday, led by YTL Power International Bhd (KL:YTLPOWR), amid reports of renewed turmoil at Nvidia.

YTL Power resumes decline amid renewed Nvidia turmoil, data centre pick-and-shovel trade also falls

Singapore-based cloud computing firm Megaspeed said on Thursday that it takes compliance obligations under US export control laws "extremely seriously" and that it has cooperated with US inspections.

Nvidia customer Megaspeed says it cooperated with US inspections, takes export control laws seriously

Google parent Alphabet's first Hong Kong and Singapore dollar bond sales drew combined orders of more than US$7 billion (RM28.6 billion) Thursday, including orders from banks arranging the deals, according to updated deal statistics seen by Reuters.

Alphabet's debut Hong Kong, Singapore bond sales draw over US$7b in orders

The conditional pardon order placing former prime minister Datuk Seri Najib Razak under house arrest contains four conditions imposed by the Pardons Board, alongside additional supervision and control requirements set by the Prisons Department, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

Najib's house arrest order has four conditions, including movement and communication limits — minister

AmanahRaya Investment Management Sdn Bhd (ARIM) has decided to write off the entire value of sukuk issued by Zetrix Al Bhd (KL:ZETRIX) held by four of its funds.

AmanahRaya Investment Management writes off Zetrix Al sukuk across four funds — memo

PUTRAJAYA (Nov 12): 1Malaysia Development Bhd has been allowed to enter a sworn statement of Datin Seri Rosmah Mansor’s shopping partner as evidence in its suit alleging purchases of luxury goods with its funds.

The decision to admit the affidavit spanning over 300 pages by Shabnam Nara...

1MDB gets to admit affidavit of Rosmah’s shopping partner in its case

KUALA LUMPUR (Nov 12): Selling pressure on MR DIY Group (M) Bhd (KL:MRDIY) continues to push the retailer’s shares lower, although "buy" recommendations remain plentiful as the group faces intense competition from China-based e-commerce platform Pinduoduo (PDD).

We refer to the return of Datuk Seri Najib Razak to his house on Tuesday night to serve the sentence of house arrest, following the conditional pardon granted on Sept 18, 2026.&nbsp;

Opinion: Govt must accept responsibility for Najib’s house arrest and review cases of all other ordinary prisoners suitable for house arrest

The government has turned down former prime minister Datuk Seri Najib Razak’s request to include an additional residence in his house arrest conditions.

Home minister: Najib's request for second house arrest residence rejected

MSCI maintained the constituents of its main country index for Malaysia while deleting seven stocks from its small-cap index following its latest review.

MSCI maintains Malaysia index constituents, deletes seven stocks from small-cap index

Any financial aid given to struggling carriers such as AirAsia Group Bhd (KL:AAGB) should be made available to other airlines to keep competition fair, the head of Malaysia Airlines Bhd said.&nbsp;

Malaysia Airlines calls for level playing field on AirAsia aid

Malaysia Airlines Bhd said delayed aircraft deliveries plaguing the industry are threatening the carrier’s expansion plans.&nbsp; 
&nbsp;

Malaysia Airlines CEO warns new planes being delivered months late

KUALA LUMPUR (Nov 12): The Attorney-General's Chambers (AGC) will be objecting to the Bar's legal bid against Datuk Seri Najib Razak's house arrest.

AGC to object Bar's suit against Najib's house arrest, says Pardons Board decision not justiciable

Datuk Seri Najib Razak’s pension payments have been suspended, Home Minister Datuk Seri Saifuddin Nasution Ismail said on Thursday.

Najib’s pension payments suspended — home minister

Property developer Avaland Bhd (KL:AVALAND) has secured Mydin Mohamed Holdings Bhd, Maplewood International School and San Francisco Coffee as new commercial partners for its Meria Commercial Hub in Cybersouth, Selangor.

Avaland brings in Mydin, Maplewood International School, San Francisco Coffee to Cybersouth’s Meria hub

<div class="content-side-bar-box">
Summary

<ul>
	<li>The federal government’s non-tax revenue includes ‘net premium from issuance of government financial instruments’ of RM2 billion under Budget 2027</li>
	<li>‘Net premium from issuan...

The State of the Nation: When cash basis accounting allows net bond premiums to lift investment revenue

Global stocks tumbled on Thursday, led by losses in chipmakers and data centre operators as Nvidia shares cratered in after-hours trading on news that its board may oust longtime CEO Jensen Huang.

Asian stocks tumble, Nvidia stings as board to decide CEO's fate

KUALA LUMPUR (Nov 12): Malaysia has requested that informal economic discussions with Taiwan resume as it seeks to maintain trade and investment ties with the island without compromising its longstanding One China policy.

Malaysia seeks to resume informal economic talks with Taiwan, says Anwar

KUALA LUMPUR (Nov 12): New borrowings under the Madani government are used to finance national development, including schools, hospitals, roads, and water and electricity supply, Prime Minister Datuk Seri Anwar Ibrahim said.

PM: New government borrowing to fund development, repay RM13 bil 1MDB bonds

KUALA LUMPUR (Nov 12): Malaysia is drafting a law to strengthen oversight of data centres and prevent shipments of advanced chips from being diverted to other countries, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani on Thursday.&nbsp;

Johari: New law to tighten data centre oversight, prevent chip transshipment

NUSA DUA, Indonesia (Nov 12): Indonesia's palm oil product exports are expected to reach around 35 million metric tons in 2026, chief economic minister Airlangga Hartarto told an industry conference on Thursday.

Indonesia's 2026 palm oil exports expected to reach around 35 million tonnes, minister says

Malaysia will look into whether Speedmatrix Sdn Bhd, the firm allegedly linked to the Nvidia chip controversy, has breached the country’s export restrictions.

Malaysia to review possible re-export breaches in Nvidia spy scandal

KUALA LUMPUR (Nov 12): Hartalega Holdings Bhd (KL:HARTA) saw higher earnings in its second quarterly financial review as better average selling prices (ASPs) more than offset pricier raw material costs.

Chong Jin Hun

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