Global hedge funds suffered steep losses this week, according to a Goldman Sachs prime brokerage note, battered by the violent unwind of a swathe of AI bets, with Asia-focused funds hit the hardest.

AI selloff hammers hedge funds this week, Asia managers lead losses

KUALA LUMPUR (Nov 9): Petroleum Sarawak Bhd (PETROS), SoftBank Group Corp and Grab Holdings Ltd have entered into a joint development agreement (JDA) for US$1 billion in initial combined seed capital to develop AI infrastructure in Sarawak.

PETROS, Softbank and Grab lock in US$1 bil seed capital for Sarawak's AI infrastructure

CAIRO/ABU DHABI (Nov 9): US President Donald Trump will meet the prime minister of key mediator Qatar on Monday as efforts to end the Iran war ramp up following last week's midterm elections, though senior US and Gulf officials cast doubt on the chances of an imminent deal.

Trump to meet Iran war mediator Qatar, no imminent deal seen to end the war

MELAKA (Nov 9): Some 12,531 eligible early voters in the 16th Melaka State Election will cast their ballots across 31 gazetted early polling centres statewide on Tuesday (Nov 10).

Melaka polls: Over 12,000 early voters to cast ballots tomorrow

BENGALURU (Nov 9): The National Highway Traffic Safety Administration (NHTSA) on Monday said it opened a preliminary evaluation into more than 1.2 million Ford vehicles over the accidental deployment of seat-mounted side airbags that caused serious burn injuries.

US auto regulator opens probe into 1.2 million Ford vehicles over airbag deployment

(Nov 9): Coinbase Global Inc, the largest US crypto exchange, said a key regulator has fully signed off on its request to become a nationally chartered trust bank, the latest example of firms in the digital-asset space entering the world of traditional finance.

Coinbase gets final regulatory stamp for trust-bank charter

BENGALURU (Nov 9): Emerging-market equities clawed back some of last week's losses on Monday, as a drop in oil prices and tentative hopes of de-escalation in the Middle East supported risk appetite.

Stocks rebound as oil falls on Middle East hopes

BENGALURU (Nov 9): US stock index futures attempted a recovery on Monday as investors hunted for bargains following a steep slide in equities last week, while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.

Wall St futures rise after rough week, but Nvidia unsettles investors

OSLO/COPENHAGEN (Nov 9): Norway's government said on Monday that it will curb the rapid growth of power-hungry data centres in the Nordic country, becoming the latest nation to limit a buildout driven by the global artificial intelligence industry.

Norway reins in data centre industry amid AI boom

LONDON (Nov 9): Oil prices fell on Monday after US President Donald Trump downplayed the likelihood of renewed strikes on Iran, though attacks on ships near the Strait of Hormuz kept supply concerns in focus.

Oil falls as Trump signals restraint on Iran despite fresh shipping attacks

BEIJING (Nov 9): China on Monday effectively extended its trade truce with the US by two months, after announcing it would continue to suspend certain trade measures.

China extends US trade truce by two months

KUALA LUMPUR (Nov 9):&nbsp;Petroleum Sarawak Bhd (PETROS),&nbsp;SoftBank Group Corp and Grab Holdings Ltd have entered into a joint development agreement (JDA) for US$1 billion in initial combined seed capital to develop AI infrastructure in Sarawak.

BENGALURU (Nov 9): US stock index futures attempted a recovery on Monday as investors hunted for bargains following a steep slide in equities last week, while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.

OSLO/COPENHAGEN (Nov 9): Norway's government said on Monday that it will curb the rapid growth of power-hungry data centres in the Nordic country, becoming the latest nation to limit a buildout driven by the global artificial intelligence industry.

(Nov 9):&nbsp;Coinbase Global Inc, the largest US crypto exchange, said a key regulator has fully signed off on its request to become a nationally chartered trust bank, the latest example of firms in the digital-asset space entering the world of traditional finance.

BENGALURU (Nov 9): The National Highway Traffic Safety Administration (NHTSA) on Monday said it opened a preliminary evaluation into more than 1.2 million Ford vehicles over the accidental deployment of seat-mounted side airbags that caused serious burn injuries.

(Nov 9):&nbsp;Europe is set to benefit from recent market turmoil in the US as investors seek a safe haven, according to European Investment Bank (EIB) president Nadia Calvino.

European Investment Bank’s Calvino says US turmoil is driving capital to Europe

MELAKA (Nov 9): Some 12,531 eligible early voters in the 16th Melaka State Election will cast their ballots across 31 gazetted early polling centres statewide on Tuesday (Nov 10).

JAKARTA (Nov 9): BP has sold its entire 49.9% stake in an Indonesian petrol station joint venture to subsidiaries of its Indonesian partner AKR Corporindo, AKR said in a disclosure statement on Monday.

Summer Zhen & Anirban Sen

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