<div class=newsTextDataWrapInner>Nippon Paint Malaysia, the main partner of The Edge Malaysia Best Managed &amp; Sustainable Property Awards, believes the awards will encourage developers to design, build and maintain Malaysian real estate sustainably.</div>
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Nippon committed to greener real estate

Pakatan Harapan (PH) component parties must respect the coalition's decision to hand the Bemban state seat to a Bersatu candidate in the Melaka state election, says PH election director Datuk Seri Amirudin Shari.

Melaka polls: PH component parties must respect decision on Bemban seat allocation — Amirudin

The extension of the West Coast Expressway (WCE) from Banting, Selangor, to Masjid Tanah was among the matters discussed by the Cabinet, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

WCE expected to be extended from Banting to Masjid Tanah — Ahmad Zahid

Wall Street's main stock indices advanced on Tuesday as optimism around the artificial intelligence (AI) trade persisted ahead of a raft of key corporate earnings, while easing oil prices also supported risk appetite heading into the Federal Reserve's policy decision this week.

Wall St rises as AI momentum holds heading into key earnings, Fed decision

Discussions between Melaka Barisan Nasional (BN) chairman Datuk Seri Ab Rauf Yusoh and MCA president Datuk Seri Dr Wee Ka Siong is believed to have successfully resolved several deadlocks regarding seat distribution for the Melaka state election (PRN) next month.

Several deadlocks in seat distribution with MCA resolved — AB Rauf

JetBlue Airways Corp reassured Wall Street that it’ll be profitable next year, as the debt-laden carrier seeks to overcome persistent losses and high oil prices to prevent a deeper restructuring.

JetBlue shares soar after it vows to return to profitability

A Brazilian Supreme Court justice ordered federal police to open a probe into possible illegal foreign financing of defeated candidate Flávio Bolsonaro’s presidential campaign, including by a group linked to US Vice President JD Vance.

Brazil probes foreign financing, including group linked to Vance

Israelis surged to the polls on Tuesday at a pace that shattered records, to pass wartime judgment on Prime Minister Benjamin Netanyahu in what voters described as the most consequential election in the nation's history.

Israelis shatter turnout records to pass wartime judgment on Netanyahu

Asean Special Envoy to Myanmar Maria Theresa Lazaro is expected to visit Naypyidaw, Myanmar from Oct 28 to 29 to seek progress on efforts by the country to address its political crisis ahead of the 49th Asean Summit.

Asean special envoy to visit Myanmar ahead of summit 

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

Zetrix AI, AirAsia, CIMB, SD Guthrie, Nestle Malaysia, LPI Capital, Dufu Technology, Eco-Shop, Tenaga Nasional, Matrix Concepts, AME Elite, Ni Hsin, HB Global, Infomina, Bintai Kinden, Paragon Globe

Dufu Technology Corp Bhd (KL:DUFU) reported its highest quarterly net profit in four years driven by stronger hard disk drive (HDD) component sales and a fair value gain of  RM2.8 million from investments in listed shares.

Dufu posts highest quarterly profit in four years on stronger sales, fair value gain

The government is pursuing legal action, including a civil suit, against Zetrix AI Bhd (KL:ZETRIX) over its failure to remit RM314 million in revenue collected on behalf of the Road Transport Department (JPJ).

Govt to sue Zetrix AI over RM314m JPJ arrears

The prosecution on Tuesday concluded its case against Bagan Member of Parliament and DAP adviser Lim Guan Eng in the Penang undersea tunnel graft trial at the Sessions Court here.

Prosecution phase of Guan Eng’s Penang undersea tunnel graft trial ends

The Court of Appeal has dismissed an appeal by Datuk Seri Stanley Thai to intervene in the winding-up proceedings against property unit Sunimax Development Sdn Bhd (SDSB).&nbsp;

Appellate court dismisses Stanley Thai’s bid to intervene in RM37m Sunimax Development winding-up

The government has yet to decide whether to provide financial support to financially-distressed AirAsia Group Bhd (KL:AAGB), Transport Minister Anthony Loke Siew Fook said.

Loke: Govt yet to decide on financial support for AirAsia

Nestlé (Malaysia) Bhd (KL:NESTLE) reported a 73% jump in net profit for the third quarter, thanks mainly to stronger sales and lower input costs.

Nestlé Malaysia reports 73% jump in 3Q earnings, raises dividend to 80 sen per share

Public Bank Bhd's (KL:PBBANK) investment holding unit LPI Capital Bhd (KL:LPI) saw its net profit drop 15.7% in the third quarter, weighed down by lower investment returns and net fair value losses.

LPI Capital 3Q net profit down almost 16% on lower investment returns

<h3>Banks</h3>

NOMURA RESEARCH (OCT 13): We are turning increasingly bullish on Malaysian banks as the recent bond yield spike-driven derating appears overdone, in our view. Our positive stance is based on three key reasons: 1) we think conc...

Brokers Digest: Local Equities - Banks, MN Holdings Bhd, IJM Corp Bhd, Deleum Bhd

KUALA LUMPUR (Oct 27): Impact Capital Holdings Bhd, a Sarawakian technology firm, has launched its ACE Market listing that will raise RM27.6 million for the company and its shareholders.

Sarawak tech firm Impact Capital launches ACE Market IPO at 22 sen per share

The government has approved a requirement for data centres to use at least 30% renewable energy, Deputy Prime Minister Datuk Seri Fadillah Yusof said on Tuesday.

Data centres to be required to source at least 30% renewable energy — Fadillah

GDB Holdings Bhd (KL:GDB) rose on Tuesday to the highest in over four months after the builder bagged its biggest housing contract to date while Apex Securities raised its outlook.

GDB shares rise to four-month high after record contract win, Apex raises target price

The government has barred a petrol station in Sungai Buaya in Nibong Tebal, Penang, from selling subsidised RON95 petrol and diesel after detecting suspicious transactions under the Budi Madani programme.

Govt bars Penang petrol station from selling subsidised fuel, blocks RM270,000 in payments over alleged Budi Madani abuse 

ON Oct 20, 2026, Prime Minister and Minister of Finance Datuk Seri Anwar Ibrahim, while answering a question in Parliament about recent allegations of a corporate mafia, said that this was not new and had existed in the past.

Anwar: There was corporate mafia 25 years ago

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

Malaysia’s swelling palm oil inventories are straining storage capacity in the country’s top-producing state, as a bumper harvest piles pressure on the government to clear excess supplies.

Malaysian palm oil glut swamps storage in top producer Sarawak

KUALA LUMPUR (Oct 27): Matrix Concepts Holdings Bhd (KL:MATRIX) has entered into various sale and purchase agreements for 57 parcels of agricultural land for RM169.31 million cash.

Matrix Concepts to buy 57 Johor land parcels for RM169.31 mil, targeting RM2.1 bil GDV

Barisan Nasional (BN) chairman&nbsp;Datuk Seri Dr Ahmad Zahid Hamidi said MCA will contest the Melaka state election, polling for which is on Nov 14.

MCA to contest Melaka state election, says Zahid

A group of Kuala Lumpur residents has gone to the court to challenge a 66-year-old law that allows the government to take over private land, including for projects by private companies.

Kuala Lumpur residents' group files court challenge against 1960 law on compulsory land acquisition

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Summary

•&nbsp;&nbsp; &nbsp;3REN is positioning itself to benefit from multinational corporations expanding their semiconductor and electronics ope...

3REN sees more opportunities as MNCs deepen Penang footprint

Tenaga Nasional Bhd (KL:TENAGA) has committed to connecting approved data centres to the electricity grid within one year, as Malaysia strengthens its domestic network to keep pace with rising power demand and regional electricity connectivity.

TNB commits to connect approved data centres to the grid within one year

YNH Property Bhd (KL:YNHPROP) said the Inland Revenue Board (IRB) will withdraw a winding-up petition against its wholly-owned subsidiary after it reached a settlement on outstanding tax liabilities.