The 86-year-old power station is expected to unveil its new look in 2021</div><div class=inPageAd id=div-gpt-ad-inpage>

The transformation of Battersea Power Station

Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.

Malaysia to expand local currency use through BRICS cooperation — MOF

A consortium led by US billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major Lukoil's international assets and a deal is expected within weeks, four people close to the sales process said.

US billionaire leads swap plan to buy Lukoil's overseas assets — Reuters

Binance said on Tuesday hackers used a bogus job interview to compromise a computer and an internal artificial intelligence (AI) tool to gain control over the company's wallets before draining US$6.3 billion (RM25.7 billion) worth of crypto, in what could be the largest-ever financial heist.

Binance hackers used fake job interview to compromise computer before US$6.3 bil attack

New orders for US factory goods increased more than expected in September, boosted by bookings for aircraft and a range of other goods, government data showed on Tuesday.

US factory orders beat expectations in September amid broad strength

The S&P 500 and the Nasdaq rose on Tuesday on a further drop in crude oil prices ahead of US midterm election results, while Apple joined the list of Big Tech companies whose earnings failed to impress investors.

S&P 500, Nasdaq edge higher ahead of midterm results; Apple falls

US job openings increased sharply in September while layoffs fell, supporting economists' views that the labour market remained on firmer footing despite tepid employment gains during that month.

US job openings increase sharply in September

Ferrari on Tuesday raised forecasts for this year's results after beating consensus on core profit and revenue in the third quarter, sending shares in the Italian luxury sports car maker up as much as 4.7%.

Ferrari lifts forecasts after outperformance, Luce EV demand strong

President Donald Trump on Tuesday said he made a deal with Israeli Prime Minister Benjamin Netanyahu that Washington would stop US$4 billion (RM16.3 billion) in funding to Israel after the end of this year.

Trump says US will stop US$4b in funding to Israel at end of 2026

Gold prices ticked up on Tuesday as a decline in oil prices slightly eased inflation concerns, while investors awaited the outcome of US midterm elections for fiscal policy clues.

Gold edges higher on softer oil prices; US midterms in focus

A brief recap of some business news and corporate announcements that made the headlines on Tuesday.

IOI Properties, IOIPG REIT, Tenaga Nasional, GDB, TWL, HB Global, Malakoff, Orkim, Pertama Digital, MMCS, Asdion, Pekat, Theta Edge, ES Sunlogy

Malaysia’s Transport Minister Anthony Loke maintained his decision to step down once home confinement for former prime minister Datuk Seri Najib Razak begins, Nikkei Asia reported on Tuesday.

DAP’s Loke still plans to quit Cabinet, says projects safe — report

Monies totalling RM14 billion in Malaysia are unclaimed as of September this year, as most of the beneficiaries are unaware what is owed to them or delay making claims.

About RM14b unclaimed as owners unaware or delay making claims  

TWL Holdings Bhd (KL:TWL) is seeking shareholders’ approval for another batch of employee share option scheme (Esos) grants made without prior approval, this time involving 119.7 million options awarded to Datin Sek Chian Nee, the wife of its executive chairman and major shareholder Datuk Tan Wei Lian.

TWL Holdings again seeks approval for Esos grants made without prior consent, this time to chairman’s wife

A brief recap of some business news and corporate announcements that made the headlines on Tuesday.

Datuk Low Chin Koon, 46, the non-executive chairman of Tex Cycle Technology (M) Bhd (KL:TEXCYCL), has emerged as a substantial shareholder of auto parts supplier MCE Holdings Bhd (KL:MCEHLDG) after increasing his stake in the company.

Tex Cycle chairman Low Chin Koon becomes substantial shareholder of MCE Holdings 

The High Court was told today that businessman Victor Chin Boon Leong was consulted on major decisions involving cargo airline M Jets International Sdn Bhd despite having no aviation background.&nbsp;

Victor Chin consulted on major M Jets decisions, former MMAG executive director tells court

Datuk Ng Chee Siong has been appointed executive director of ready-to-serve food company HB Global Ltd (KL:HBGLOB), while the company’s chief financial officer (CFO), Lim Yong Hwa, has resigned amid a delay in issuing its 2025 annual report.

HB Global appoints Ng Chee Siong as executive director as CFO exits amid annual report delay

The US plans to deepen engagement with Myanmar’s military-backed government to counter China’s influence and gain access to the war-torn nation’s vast rare-earth deposits.

US seeks deeper Myanmar ties, access to ‘bountiful’ rare earths

I have always enjoyed history, especially stories of wars and conflicts: how they begin, how people defend what matters to them and how the consequences can outlast the fighting. Reflecting about tensions around the Strait of Hormuz, I found myself thinking of a different war over oil.

Opinion: The other war on oils — part 1: The war at the supermarket shelf

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

FBM KLCI edges up 0.14% to 1,621.85 on Nov 3, 2026

The Securities Commission Malaysia (SC) has approved solar engineering firm Pekat Group Bhd’s (KL:PEKAT) proposed transfer of its listing from the ACE Market to the Main Market of Bursa Malaysia.

SC approves Pekat Group's transfer to Main Market

ES Sunlogy Bhd (KL:SUNLOGY) has been awarded two subcontracts worth a combined RM25.07 million by Kerjaya Prospek Group Bhd (KL:KERJAYA) for electrical and infrastructure works in Pulau Andaman, Penang.

ES Sunlogy wins two electrical works subcontracts from Kerjaya Prospek

Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.

The S&amp;P 500 and the Nasdaq rose on Tuesday on a further drop in crude oil prices ahead of US midterm election results, while Apple joined the list of Big Tech companies whose earnings failed to impress investors.

Theta Edge Bhd (KL:THETA) said it has secured a RM33.01 million contract to be the exclusive supplier of up to 5,742 laptops and desktop computers to an IT solutions company.

Theta Edge bags RM33m contract to supply laptops and desktops

President Donald Trump on Tuesday said he made a deal with Israeli Prime Minister Benjamin Netanyahu that Washington would stop US$4 billion (RM16.3 billion) in funding to Israel after the end of this year.

MM Computer Systems Bhd (KL:MMCS) said it has secured a purchase order worth RM51.58 million to supply graphics processing unit (GPU)-accelerated servers.

MM Computer Systems bags RM52m job to supply AI-ready servers

Traders who impose hidden charges or disclose additional fees only at the final stage of a transaction may face legal action, including fines of up to RM100,000, said Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali.

Traders who impose hidden charges to face fines of up to RM100,000, says minister 

Finance Minister II Datuk Seri Amir Hamzah Azizan told Dewan Rakyat that the number of people awaiting tax refunds has been halved to around 550,000 as at Oct 30, from about one million in December last year.&nbsp;

Govt halves tax refund waiting list after RM20.27b paid out as of Oct      

A consortium led by US billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major Lukoil's international assets and a deal is expected within weeks, four people close to the sales process said.