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.

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

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

BIMB says buy the dip in Malaysian tech stocks as AI demand remains intact

(Oct 30): The European Central Bank (ECB) is responding in a measured way to inflation as most prices are stable and pressures are largely imported rather than driven by domestic factors, Governing Council member Emmanuel Moulin said.

ECB’s Moulin sees policy as measured with most prices stable

(Oct 30): Indian AI infrastructure firm AM Intelligence is seeking to raise as much as US$3 billion to fund a previously announced purchase of Nvidia Corp’s next-generation chips, according to people familiar with the matter, the latest sign that the technology’s boom is driving a debt binge.

Indian AI firm seeks US$3 bil financing for Nvidia chips order — Bloomberg

Indonesian President Prabowo Subianto’s brother stressed the importance of a trusted and transparent local share market, saying the country must “mitigate the MSCI issue” and telling business leaders at a forum Thursday to stop “deep frying” stocks.

Prabowo’s brother sounds alarm over Indonesian stock market

(Oct 30): A US majority-owned startup plans to invest US$600 million in a rare-earth refinery in Malaysia, seeking to develop a new source of the critical minerals as Washington pushes to reduce its reliance on China.

US-owned startup plans US$600 mil Malaysia rare-earth refinery

The core businesses of America’s technology giants — the advertising, consumer and retail machines propping up a collective US$750 billion (RM3.04 trillion) in artificial intelligence (AI) spending this year — are starting to show signs of slowing. In some cases, they’re being cannibalised by the very technology the firms are betting the house on.

Big Tech’s US$750 bil AI bet collides with slowing core growth

(Oct 30): Bangladesh is poised to sign deals to buy more US liquefied natural gas (LNG) as the Trump administration pushes to expand energy exports, says the American ambassador to the country.

Bangladesh in talks to buy more American gas, says US ambassador

Indonesia is set for more consistent rain next month, providing relief from wildfires that have spewed toxic smoke across Singapore and Malaysia, though widespread downpours are still weeks away.

Indonesia rain set to ease toxic haze in Singapore, Malaysia

A selloff in several tech companies spurred a rotation into a broader category of stocks while fueling a push toward the safety of bonds.

Stock rotation hits AI winners on spending worries

The cost of insuring against losses on Alphabet Inc’s debt rose on Thursday as its shares plummeted, after disappointing results intensified fears that its massive bet on debt-funded artificial intelligence (AI) spending may fail to pay off.

Google debt-risk gauge rises as earnings revive AI debt jitters

Oil eased as fresh diplomatic efforts in the Middle East eroded some risk premium associated with a resumption of US military strikes on Iran.

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