TMI banned on grounds of ‘national security’

KUALA LUMPUR (Feb 19): Recruitment of foreign workers will resume once Putrajaya evaluates the current pool of foreign labour in the country, Deputy Home Minister Datuk Nur Jazlan Mohamed said, following today's uncoordinated announcements over the intake of workers from Bangladesh and a freeze o...

Freeze on foreign labour to reassess workforce needs, says Nur Jazlan

KUALA LUMPUR (Feb 19): Universiti Malaya’s Dr Azmi Sharom received a discharge amounting to acquittal in his sedition case at the Kuala Lumpur Sessions Court today after his lawyer pressed the point that the attorney-general has already announced a decision to drop the charge against the associat...

Azmi Sharom acquitted of sedition

PUTRAJAYA (10 Feb): The Federal Court ruled today that it is the civil court that should decide the custody of children who were converted to Islam.

A five-man bench chaired by Tan Sri Raus Sharif said a non-Muslim marriage did not dissolve when one party embraced Islam.

“Divo...

Civil court should decide on custody of converted children, Federal Court rules

KUALA LUMPUR (Feb 4): Datuk Seri Ahmad Bashah Md Hanipah today took his oath as the 12th Kedah menteri besar, replacing Datuk Seri Mukhriz Mahathir who resigned yesterday.

The swearing-in ceremony was held at Istana Anak Bukit in Alor Setar this morning.

Ahmad Bashah, 66, took...

Ahmad Bashah sworn in as Kedah MB

KUALA LUMPUR (Jan 29): Deputy Transport Minister Datuk Abdul Aziz Kaprawi revealed today that the unreturned portion of the RM2.6 billion was used "during an election", according to news reports.

Aziz did not specify which election the money was used for but it is widely accepted it was...

Balance from RM2.6 bil used in election, says deputy minister

KUALA LUMPUR (Jan 15): Tunku Alif Hussein Saifuddin Al-Amin ibni Tuanku Muhriz, the youngest son of the Yang di-Pertuan Besar of Negri Sembilan, Tuanku Muhriz ibni Almarhum Tuanku Munawir, died at age 31 today.

The Negri Sembilan state secretary said Tunku Alif died at 11.55am in Kuala ...

Negri’s Tunku Alif dies

KUALA LUMPUR (Dec 11): Former prime minister Tun Dr Mahathir Mohamad should give Datuk Seri Najib Razak a chance to execute his plans for the country, Umno leader Datuk Ahmad Maslan said.

He said Dr Mahathir was "great" but his time had passed.

"Datuk Seri Najib has plans for ...

Give Najib chance to serve country, Umno leader tells Dr Mahathir

KUALA LUMPUR (Dec 10): The December 5 edition of The Economist magazine will see delayed distribution in Malaysia after the Home Ministry said it found factual errors in a feature article on the Trans-Pacific Partnership Agreement (TPPA).

The ministry's Quranic text publication...

The Economist’s Dec 5 edition delayed by error in TPPA report

KUALA LUMPUR (Dec 10): Umno president Datuk Seri Najib Razak today asserted his innocence of alleged financial scandal, telling delegates at the party's annual general assembly today that controversies involving 1Malaysia Development Bhd (1MDB) and the RM2.6 billion donation were being addressed....

I’ll be proven right, Najib says of 1MDB, RM2.6b

Asian stocks declined on Tuesday morning after a sell-off in US chipmakers deepened, overshadowing a plunge in oil prices amid optimism over diplomatic progress towards ending the war in Iran.

Asian stocks fall after US losses; oil holds drop

SEOUL (Nov 3): South Korean President Lee Jae Myung called on Tuesday for the creation of a powerful government-wide cybersecurity body to coordinate functions scattered across agencies, pointing to limitations in the current capacity to protect critical systems.

South Korea's Lee calls for powerful government-wide cybersecurity body

Apple warned on Monday that the cost of memory chips would continue to rise, pressuring its gross margin for the crucial holiday quarter, but said it had taken steps to lock in supplies.

Apple forecasts margin drop in holiday quarter as rising memory costs bite

(Nov 3): Walt Disney Co is moving toward thousands of job cuts with the entertainment giant asking some managers to target 20% in annual cost savings, according to people familiar with the matter.

Disney plans thousands of layoffs, targeting 20% cost savings — Bloomberg

DETROIT/WASHINGTON (Nov 2): Congressional candidates made their final arguments to US voters on Monday, the eve of the midterm elections, with tensions running high in Michigan, where Abdul El-Sayed aims to become the first Muslim elected to the Senate, and in California, where the Supreme Court quashed an attempt by President Donald Trump's Justice Department to intervene.

Tensions rise as midterm campaign ends with control of Congress at stake

BHUBANESWAR, India (Nov 3): Cyclone Murasu made landfall along India's eastern coast on Tuesday, the country's weather department said, the second storm to hit the region in a week as authorities evacuated thousands of people to safety.

Cyclone Murasu makes landfall on India's eastern coast

BENGALURU (Nov 3): Oil prices rose in early Asian trade on Tuesday after a report that the United States had struck Iran's Qeshm Island, raising concerns about an escalation of the eight-month conflict and prolonged disruptions to Middle East oil supplies.

Oil rises after report of US strike on Iran's Qeshm Island

BENGALURU (Nov 3): Gold prices inched higher in early Asian trade on Tuesday after surging more than 2% in the previous session, as a sharp drop in oil prices eased inflation concerns, while investors awaited the outcome of US midterm elections later in the day.

Gold edges higher on softer oil; US midterm elections in focus

SEOUL (Nov 3): South Korea's headline inflation slowed in October, government data showed on Tuesday, providing a slight reprieve for central bankers but remaining firmly above target.

South Korea October headline inflation moderates ahead of expected rate hike

LONDON (Nov 3): Britain should be prepared for an AI-powered cyberattack on its critical national infrastructure in the next two years, the UK's National Cyber Security Centre (NCSC) said on Tuesday, adding that China was likely the best equipped to conduct such operations.

UK must expect AI-powered attack on critical infrastructure within two years, report says

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

United Malacca, Handal Energy, CTOS Digital, ISF Group, Mega Fortris, GIIB, Ni Hsin, Econpile, Infomina, Signature Alliance, Pekat, Kretam

Goldman Sachs Group Inc has irked some of its staff after it banned most of them from using advanced artificial intelligence (AI) tools designed for coding after reviewing productivity and risk concerns.

Goldman restricts traders and bankers from using some AI tools — Bloomberg

Asian stocks declined on Tuesday morning after a sell-off in US chipmakers deepened, overshadowing a plunge in oil prices amid optimism over diplomatic progress towards ending the war in Iran.

KUALA LUMPUR (Nov 3): The Ministry of Transport said that the East Coast Rail Link (ECRL) is projected to generate some 3% annual growth for its passenger services over the next three years, while its cargo services are expected to see a sharp increase in freight income by 2029.&nbsp;

ECRL passenger revenue to grow about 3% annually in 2027–2029, cargo income to surge

Wall Street's main indices rose on Monday as oil prices tumbled more than 6% on hopes of a US-Iran peace deal, with investors also bracing for Tuesday's midterm elections and another busy week of earnings.

Wall Street rises as oil falls heading into US midterm elections, more earnings

Marvell Technology Inc has reached a deal to buy data centre optics maker Lumentum Holdings Inc at an enterprise value of US$115 billion (RM466.4 billion), one of the biggest tech tie-ups ever, in a race to capitalise on the artificial intelligence (AI) boom.

Marvell reaches US$115 bil deal for Lumentum 

BENGALURU (Nov 3): Oil prices rose in early Asian trade on Tuesday after a report that the United States had struck Iran's Qeshm Island, raising concerns about an escalation of the eight-month conflict and prolonged disruptions to Middle East oil supplies.

Apple warned on Monday that the cost of memory chips would continue to rise, pressuring its gross margin for the crucial holiday quarter, but said it had taken steps to lock in supplies.

A selloff in chipmakers weighed on stocks, offsetting a slump in oil prices driven by hopes for diplomatic efforts to end the war in Iran. West Texas Intermediate settled near US$96.50 a barrel. While most S&amp;P 500 firms rose, the index fell amid technology weakness

S&P 500 falls as chip rout offsets US-Iran hopes

On a typically muggy Taipei day, dozens of eager Taiwanese investors packed into a conference room. Their latest obsession: the sprawling suburbs of the Arizona desert, more than 7,000 miles from the dense neighbourhoods and narrow alleys of the island metropolis.

TSMC’s US$265 bil campus driving real estate boom in Phoenix suburbs

Here's a heads up on what to look out for today.

YOUR DAY AHEAD: Nov 3, 2026

ORLANDO, Florida (Nov 2):&nbsp;There are mounting signs that global growth is cooling. An AI-driven stock market slump could sharply deepen the slowdown and even tip several major economies into recession.

Whether the current selloff snowballs into something more serious remains to be s...

Opinion: Brutal AI selloff stirs recession fears

LONDON (Nov 2):&nbsp;The initial AI gold rush enriched the companies selling the picks and shovels: semiconductor manufacturers and other infrastructure providers. The next wave ​of market gains may instead belong to the adopters, with healthcare in a prime position.

BlackRock&nbsp;Fund...

Opinion: Healthcare could be the next big AI winner

BENGALURU (Nov 3): Singapore's Grab lifted its annual forecasts on Tuesday, helped by steady growth in its ride-hailing unit, while demand for its delivery services benefitted from promotional offers and expansion into categories beyond groceries.

Singapore's Grab lifts 2026 forecasts on strong ride-hailing, delivery demand

US manufacturing activity picked up in October, supported by the strongest production growth in nearly five years.

US manufacturing activity accelerates as production picks up

NEW YORK (Nov 2):&nbsp;The US Treasury is widely expected to leave coupon auction sizes unchanged at this week's quarterly refunding announcement, but investors are focused on possible changes ​in 2027 that will help finance growing deficits and a wave of government debt maturing in the coming ye...

US Treasury auction changes loom in 2027; dealers eye long-end cuts

(Nov 2):&nbsp;Oracle&nbsp;plans to raise $20 billion through bond and share sales, regulatory filings showed on ​Monday, as the software giant taps investors to fund its costly AI ‌and cloud infrastructure build-out.

Shares of the company fell 8.8% to $119.22, bringing their losses this...

Oracle taps investors for $20 billion to finance AI expansion

FRANKFURT (Nov 2): The European Central Bank has identified high valuations for ​AI stocks, stress in the bond market and potential losses ‌at shadow banks as the main risks to financial stability at present, ECB Vice-President Boris Vujcic said on Monday.

The ECB is due to publish ​its...

ECB flags AI valuations, bond stress and fund losses as main risks

LONDON (Nov 3):&nbsp;Britain should be prepared for an AI-powered cyberattack on its critical national infrastructure in the next two years, the UK's National Cyber Security Centre (NCSC) said on Tuesday, adding that China was likely the best equipped to conduct such operations.

BENGALURU (Nov 3): Gold prices inched higher in early Asian trade on Tuesday after surging more than 2% in the previous session, as a sharp drop in oil prices eased inflation concerns, while investors awaited the outcome of US midterm elections later in the day.

The Malaysian Insider

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