Pentamaster Corp Bhd (KL:PENTA) reported a 19.6% year-on-year increase in third-quarter net profit, driven by stronger demand for factory automation solutions (FAS), particularly from the artificial intelligence (AI) computing sector.

Pentamaster 3Q net profit rises on AI demand, expects double-digit revenue growth for FY2026

The Johor government has called on DayOne, Perbadanan Darul Ta'zim (PDT) and Ranhill SAJ to hold an immediate technical discussion to explore the possibility of channelling excess treated water from the data centre company’s water treatment plant for public use.

Johor MB wants DayOne, PDT, Ranhill SAJ to explore supplying excess treated water to public

Micron Technology Inc has suspended plans for a memory chip plant in Taiwan due to a protracted labour dispute, according to people familiar with the matter, throwing into question the fate of a major production base for crucial artificial intelligence (AI) components.

Micron said to pause work on US$4.5 bil Taiwan plant after labour spat

Hon Hai Precision Industry Co reported a 46% jump in October sales, reflecting resilient demand for the Nvidia Corp servers central to a global artificial intelligence (AI) infrastructure build-out.

Nvidia partner Foxconn sales up 46% on AI demand

Google’s expanded US$15 billion (RM60.9 billion) investment in Malaysia reflects strong confidence in the country’s ability to realise its ambition of becoming an AI nation by 2030, said Digital Minister Gobind Singh Deo.

Google’s US$15 bil investment strengthens AI nation 2030 ambition — Gobind

BENGALURU (Nov 5): Microsoft will not exercise an option to more than double the size of its existing agreement with AI cloud provider Nscale to rent more computing power at a Texas data centre, according to a person familiar with the matter.

Microsoft will not expand Texas data center deal with UK's Nscale — Reuters

Embattled Zetrix AI Bhd (KL:ZETRIX) has launched a digital identity service for artificial intelligence (AI) agents in partnership with China's Academy of Information and Communications Technology (CAICT), as it seeks to commercialise its AI-related investments following RM3.7 billion in development spending.

Embattled Zetrix AI launches AI agent identity service after RM3.7 bil development spending

DayOne Data Centers has secured a HK$1.86 billion (US$237 million or RM960 million) loan to help finance a project in Hong Kong, according to people familiar with the matter, adding to a slew of funding deals for the Singapore company as it seeks to expand globally.

Singapore's DayOne secures US$237 mil loan for Hong Kong data centre

Sunway Construction Group Bhd (KL:SUNCON) announced that it has won a RM1.74 billion contract to build a hyperscale data centre in Bandar Serendah, Selangor.

Sunway Construction wins RM1.74 bil contract to build another data centre in Selangor

Elon Musk’s Texas-based empire is coming under investor scrutiny after Democrats clinched unlikely wins in his adopted state on their way to taking control of Congress.

Texas blue wave erases US$130 bil from Musk stocks

BRUSSELS (Nov 4): The European Union will invest €525 million ($590 million) in chip startups ​to help them scale up faster, EU ‌tech chief Henna Virkkunen said on Wednesday, part of a push to help Europe catch up with the ​United States and China.

The European Commission and ​EU countr...

Europe to invest €525 mil in chip startups to catch up with US and China

(Nov 5): Apple Inc. is reducing employee budgets for artificial intelligence usage as part of a cost-cutting effort, even as the company seeks to put AI at the center of its operations.

Last month, Apple quietly lowered the daily spending cap for some engineers using AI models to $...

Apple cuts internal AI usage budgets in move to reduce spending

(Nov 4): Qualcomm has signed a multi-year agreement with SpaceX to supply radio equipment, baseband units and software for Starlink Mobile's planned nationwide terrestrial 5G ​network, as the Elon Musk-led space company seeks to challenge ‌established US wireless carriers.

The...

Qualcomm signs major 5G infrastructure deal with SpaceX for Starlink Mobile network

HP Inc on Wednesday named former GSK chief and Microsoft board member Emma Walmsley as CEO to steer the PC maker through a memory-chip crunch that has driven up prices and triggered a steep industry downturn.

HP names former GSK chief Emma Walmsley as CEO

LONDON (Nov 5): The Bank of England (BOE) raised interest rates for the first time in over three years on Thursday and warned that at least one more increase was likely if the US-Iran conflict continues, as it started on a path that its main peers have already embarked on.

British infla...

Bank of England raises rates for first time since 2023, says more may come

The proposed privatisation of Yinson Holdings Bhd (KL:YINSON) is “a shareholder matter” with no immediate impact on Yinson Production Ltd (YPL), which is the offshore floating asset arm of Yinson.

No strategy change from Yinson privatisation, says floating asset unit chief

The midterm drubbing of Donald Trump's Republicans may strengthen China's hand in trade talks with Washington, but Beijing is unlikely to revel in the misfortunes of a US president whose successor could prove less accommodating.

Trump's political humbling signals short-term gain, long-term pain for China

Democrats vowed to use their resounding midterm victory to rein in President Donald Trump, setting up two years of possible deadlock in Washington, as Trump spent his first post-election appearance showing off his under-construction White House ballroom.

Democrats vow to rein in Trump as he shows off White House ballroom

Barisan Nasional (BN) chairman Datuk Seri Dr Ahmad Zahid Hamidi has reminded all party machinery to exercise restraint and conduct their campaigning responsibly during the 16th Melaka state election.

Melaka polls: BN machinery urged to exercise restraint during campaigning — Ahmad Zahid

NEWS: SD Guthrie on plans to expand midstream ops

NEWS: SD Guthrie talks El Niño impact

Wall Street banks were bracing on Wednesday for heightened scrutiny after Democrats took control of the US Congress, with executives and analysts predicting lawmakers would investigate cost-of-living issues and summon bank chiefs to testify.

Banks brace for tighter oversight from US Congress after Democrats sweep

The number of companies holding open approved permits (APs) has risen to 414 as of Thursday, up from 107 in 2019, following the government’s move to expand bumiputera entrepreneurs’ participation in the country’s automotive industry.

Number of open AP holders increases fourfold since 2019 — Johari Ghani

Flag-waving protesters marched through French cities and public workers went on strike on Thursday, in a renewed challenge to President Emmanuel Macron after weeks of unrest that have rattled his government five months before a presidential election.

France hit by more protests, strike, Macron seeks to contain unrest

<div class="content-side-bar-box" style="background-color: lightblue; color: black;">
Summary

<ul>
	<li>The company started as MyEG Services Bhd, providing an e-payment gateway for government departments. It was a shining star until Ma...

Cover Story: How T S Wong lost Zetrix AI’s tech narrative

Embattled Zetrix AI Bhd (KL:ZETRIX) has launched a digital identity service for artificial intelligence (AI) agents in partnership with China's Academy of Information and Communications Technology (CAICT), as it seeks to commercialise its AI-related investments following RM3.7 billion in development spending.

KUALA LUMPUR (Nov 5): Shares of Capital A Bhd (KL:CAPITALA) and AirAsia Group Bhd (KL:AAGB) rose in early trade on Thursday, amid easing crude oil prices,&nbsp;although an analyst cautioned that the rebound may be short-lived given lingering geopolitical uncertainties.

Capital A, AirAsia shares climb as crude oil prices ease further

Sunway Construction Group Bhd (KL:SUNCON) announced that it has won a RM1.74 billion contract to build a hyperscale data centre in Bandar Serendah, Selangor.

Malaysia’s central bank stood pat again on Thursday as most expected, holding that the current benchmark interest rate matches its outlook on inflation and growth.

Bank Negara Malaysia holds policy rate steady

Malaysia’s central bank is expected to keep interest rates unchanged at its final policy meeting of the year on Thursday while signaling scope for a hike early in 2027 as economic growth remains strong.

BNM set to hold overnight policy rate on strong growth, signal hike in 2027

Home Minister Datuk Seri Saifuddin Nasution Ismail has been called upon to clarify Malaysian Border Control and Protection Agency (AKPS) director general Datuk Seri Mohd Shuhaily Mohd Zain's transfer back to the police force.

Lawyer urges home minister to clarify Shuhaily's transfer back to PDRM

MBSB Research has valued Main Market-bound Big Caring Group Bhd at RM1.20 a share, an 11.1% premium to its initial public offering (IPO) retail price of RM1.08, as it expects the pharmacy chain to deliver stronger earnings growth than its retail peers.

MBSB Research values Big Caring at 11% premium to IPO price, citing faster growth than retail peers

IN 2017, Wong Thean Soon debuted at 33 on Forbes’ list of Malaysia’s richest with a net worth of US$330 million, based on his shareholdings in My E.G. Services Bhd, since renamed Zetrix AI Bhd (KL:ZETRIX).

Forbes said of Wong and Zetrix AI back then, “In 2000, he launched MyEG Services ...

Cover Story: What’s left in Zetrix AI?

A consortium including the founding family of Yinson Holdings Bhd (KL:YINSON) is considering sweetening its bid to take the Kuala Lumpur-listed energy infrastructure company private, according to people familiar with the matter.&nbsp;

Consortium led by founding Lim family mulls higher offer to privatise Yinson — Bloomberg

Tanco Holdings Bhd's (KL:TANCO) joint venture with a unit of China Nuclear Industry Huaxing Construction Co Ltd has secured a RM700 million contract to build an industrial warehouse complex in Klang, Selangor.

Tanco-China builder JV bags RM700m warehouse contract in Klang

Japanese retail chain Daiso Malaysia Group Sdn Bhd has officially opened its RM1.2 billion Global Distribution Centre (GDC) at Taman Perindustrian Samudera, Pulau Indah, reinforcing Malaysia’s positioning as a premier regional supply chain and logistics hub.

Japan's Daiso opens its largest ever logistics hub in Pulau Indah

KUALA LUMPUR (Nov 5): The Railway Assets Corporation (RAC) is suing political activist Badrul Hisham Shaharin (also known as Chegubard) regarding the dissemination of statements allegedly defaming RAC and the Rolling Stock Strategy (RSS) initiative. &nbsp;

Railway Assets Corp takes legal action against Chegubard over alleged defamatory claims

AS Malaysia continues accelerating towards Industry 4.0 with investments into smart logistics and connected infrastructure, businesses are deploying more IoT devices than before. Adoption momentum is also building, with 78% of enterprises surveyed by Beecham Research either already using eSIMs for IoT or planning to do so. This is in addition to recent trial rollouts from Malaysian telcos, such as CelcomDigi's industrial 5G-enabled intelligent warehouse and U Mobile's 5G-IoT logistics, demonstrating how connected technologies are becoming increasingly integral to business operations.

Commentary: Why eSIM is becoming critical for Malaysia’s next phase of IoT growth

ZETRIX AI Bhd (KL:ZETRIX) has become a rudderless ship given its highly fragmented shareholding structure.

Beyond the forced sell-down of its shares held by its managing director Wong Thean Soon, several other shareholders have sold down their holdings, according to the latest sharehold...

Cover Story: Rudderless, with no clear controlling shareholder

Democrats vowed on Wednesday to use their resounding midterm victory to rein in US President Donald Trump, setting up two years of possible deadlock in Washington, as Trump spent his first post-election appearance showing off his under-construction White House ballroom.

Democrats flex congressional majorities as Trump accepts electoral losses

Lawyers for Datuk Seri Jamil Khir Baharom have indicated that they will be filling several applications including a challenge to the charges against the former minister in charge of Islamic affairs.

Jamil Khir's lawyer indicates filing of several applications, including challenge to Tabung Haji charges

SD Guthrie Bhd (KL:SDG) reported a 17% decline in third-quarter earnings though the world’s largest palm oil producer by acreage is still confident of ending the year strong.

SD Guthrie reports 17% drop in 3Q earnings, says still on track for strong year

Velesto Energy Bhd (KL:VELESTO) is now more attractive with a stronger earnings outlook as the last of its idle drilling rig returns to work, analysts said on Thursday.

Velesto now more attractive as Naga 3 returns to work, analysts upgrade

Any pullback in technology stocks following the US midterm elections could present a buying opportunity, said BIMB Securities, which expects long-term demand for artificial intelligence (AI) infrastructure to persist.

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