Wall Street's main indices opened lower on Thursday after Nvidia said CEO Jensen Huang was stepping down, leaving the artificial intelligence industry without its biggest champion.

Wall St opens lower after Nvidia CEO steps down

All parties in the unity government must work together to support Prime Minister Datuk Seri Anwar Ibrahim's leadership and ensure the administration's efforts are not undermined, Pakatan Harapan (PH) communications director Datuk Seri Fahmi Fadzil said.

Unity govt parties must close ranks behind Anwar — Fahmi

KUALA LUMPUR (Nov 12): Master Tec Group Bhd (KL:MTEC) saw its third-quarter net profit rise 16.6% on higher sales of its cable products.

Net profit for the three months ended Sept 30, 2026 (3QFY2026) rose to RM10 million from RM8.59 million a year earlier, according to the industrial wi...

Master Tec posts 16.6% rise in 3Q net profit on higher cable sales

Global AI-linked stocks fell on Thursday after Nvidia CEO Jensen Huang resigned following a deepening scandal around his affairs, upending the chipmaker's leadership and posing fresh risks to a sector already reeling with funding and regulatory concerns.

Global AI stocks sink as Nvidia CEO's exit deepens sector sell-off

Penang Chief Minister Chow Kon Yeow has described Anthony Loke Siew Fook's resignation as Transport Minister as a difficult decision, but one that reflects the latter’s stance of not putting self-interest first.

Loke's resignation a painful but principled decision, says Chow

SINGAPORE (Nov 12): Alice Huang, the alleged Chinese spy at the heart of a scandal at chipmaker Nvidia, left Singapore in February and was barred from re-entering following an investigation into possible offences, Singapore's home affairs ministry said on Thursday.

Nvidia said on Thursd...

Singapore barred Alice Huang from re-entry following investigation

The Malaysian Bar has the right to challenge the Federal Territories Pardons Board's decision allowing former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest.

Azalina says Malaysian Bar entitled to challenge Pardons Board decision if it has grounds

Nvidia CEO Jensen Huang is stepping down, leaving the AI industry without its biggest champion and clouding the future of the chipmaker he built into an AI powerhouse.

Nvidia CEO Jensen Huang steps down in big blow to AI boom

Malaysian Rating Corp Bhd (MARC Ratings) has maintained its AA-IS rating on MMC Port Holdings Bhd's Sukuk Murabahah Programme, which has been upsized to RM2 billion from RM1 billion, with the outlook remaining stable.

MARC Ratings maintains AA-IS rating on MMC Port's RM2b sukuk programme

President Donald Trump on Thursday threatened to double tariffs on Mexico if it does not stop more than a thousand migrants walking north toward the United States after last week's US election, warning that they would not be allowed to enter.

Trump threatens to double tariffs on Mexico if it does not halt migrants

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

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

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

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; 
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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

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 as data centre pick-and-shovel trade falls

Thailand’s tourism recovery is losing momentum, with foreign arrivals headed for their first back-to-back annual decline outside the pandemic since at least 1995.

Thailand’s tourism comeback slips further out of reach

<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

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

Malaysia should consider establishing a dedicated Ministry of Senior Citizens to ensure the needs and welfare of its ageing population receive focused attention in policymaking, budget allocation and national development. 
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Hannah Yeoh calls for dedicated ministry to address needs of senior citizens

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): 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

KUALA LUMPUR (Nov 12): Property developer IJM Land Bhd is set to officially launch Sovana, a new collection of double-storey linked homes at its Suria Hill township in Bandar Puncak Alam, Selangor in November 2026.

IJM Land to launch RM70.9 mil Sovana homes at Suria Hill in November

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

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

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

Intraday short-selling activities of Mega Fortris Bhd (KL:MEGAFB) have been suspended for the rest of Thursday, the fifth time for the security seals maker this month. 
&nbsp;

Mega Fortris intraday short selling suspended for the fifth time this month

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.

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