The government’s latest attempt to achieve zero abandoned housing projects by 2030 is through an option to purchase (OTP) mechanism, which Minister of Housing and Local Government Nga Kor Ming says would kick off before the year is out.

The OTP basically provides developers and buyers w...

The REAL deal: OTP: Win-win or a licence to walk away?

The property manager’s role

Johor-based Astaka Padu Sdn Bhd is taking an integrated approach to its latest development in Tampoi, Johor, combining residential, commercial, retail, hospitality and education components with a focus on wellness.

Known as Amora Park, the 11.76-acre freehold development will comprise f...

Cover Story: Astaka Padu debuts first project since going private

It is a typical day in Ho Chi Minh City. Motorcycles stream through crowded streets, weaving in and out between cars and buses. The honking is incessant. Along the roads, construction barriers, roadworks and unfinished stretches of infrastructure remind you that this city is in the midst of chang...

Vietnam’s property market offers a different perspective

This week, we spoke to OSK Property’s new CEO Chu Wai Lune on how the developer creates value for buyers.  He believes that rather than competing on size or amenities alone, thoughtful design, functionality, future-ready homes and community can make a meaningful difference to buyers.

Making the ordinary extraordinary

Once occupied by industrial properties, Jalan 51A/223 in Petaling Jaya has been transformed into a street with largely commercial and office buildings that benefits from its proximity to the Federal Highway and Asia Jaya LRT station. Property experts familiar with the road say it is a consistent ...

Streetscapes: A consistent performer

Penang’s residential market is seeing resilient demand, supported by an active industrial sector that is driving housing demand, although buyers remain cautious in their spending, according to Nawawi Tie Leung Property Consultants Sdn Bhd executive director and regional head of research and consu...

The Edge Malaysia | Nawawi Tie Leung Property Consultants Penang Housing Property Monitor 2Q2026: Strong industrial sector underpins residential market resilience

Tan & Tan Developments Bhd, the property development arm of IGB Bhd (KL:IGBB), is all set to unveil its mixed-use development — Aviera Bangsar South — in Kuala Lumpur this November.

The freehold project, which has a gross development value (GDV) of RM656 million, comprises the 35-st...

Tan & Tan Developments to launch Aviera Bangsar South next month

The 525km East Coast Rail Link (ECRL), the Phase 1 of which is 98.16% completed, could mark a turning point for Gombak, bringing renewed attention to the area’s commercial potential, surrounding property market and prospects for transit-oriented developments, say property consultants Henry Butche...

Cover Story: Gombak picks up speed for next growth cycle

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

Amazon Web Services (AWS) will be training 445,000 government officers on its artificial intelligence (AI) tools under its newly launched Semarak AI Malaysia programme.

AWS to train 445,000 civil servants on AI tools under Semarak AI Malaysia

Capital investment in technology is surging but workforce readiness remains a challenge, leaving enterprises short of the returns they expect.

Personalised upskilling key to job readiness

Not every photo needs to end up on a social media feed. Some are simply reminders of an ordinary day, whether it is a meal between classes, a funny moment with friends or a quick snapshot taken on the way home.

In response to the curated, polished feeds encouraged by mainstream social m...

Listicle: Apps for the moments you don’t post

Here’s a set of seven skills for you to consider cultivating to get and retain a job in the AI era

 

Human resources (HR) launches an artificial intelligence (AI) tool to analyse employee engagement. The AI reads 15,000 comments and p...

Econ 4.0: AI is here. Which skills matter more now?

Conversations around social entrepreneurship often focus on funding, but a bigger challenge for founders is moving from building businesses that look for customers to creating products and services that customers are actively looking for, says Ahmad Azuar Zainuddin, CEO of Satu Creative Services ...

Beyond Grants: Helping social enterprises build a stronger business case

IIMMPACT Sdn Bhd began in 2018 as a consumer app that allowed users to pay different bills through a single platform, but the business changed direction after struggling to retain customers as larger e-wallet operators expanded.

CEO and co-founder Alex Tan says fewer than 20% of users w...

Platform-as-a-service: IIMMPACT builds bill payment business after consumer app pivot

Alphaswift Industries Sdn Bhd is the only drone maker among the Malaysian companies given access to British chip architect Arm Holdings plc’s chip design technology, and it plans to design its own chip as it builds towards passenger flight.

The local drone industry has come a long way, ...

Cover Story: Betting on chip design for long climb to passenger flight 

Mall developers need to incorporate telecommunications infrastructure at the planning stage as growing demand for digital payments, artificial intelligence (AI) applications and 5G services puts greater pressure on indoor connectivity, says EdgePoint Towers Sdn Bhd.

Planning fibre pathw...

Infrastructure: Mall developers urged to plan early for 5G-ready connectivity

NEWS

Malaysia’s daily multimodal AI use to reach 43% by 2030

Malaysia’s daily use of multimodal artificial intelligence (AI) is projected to reach 43% by 2030, exceeding the global estimate of 30%, according to new research by Erics...

Bits + Bytes: A Miscellany Of Technology

Sarawak aims to position itself as a regional clean energy hub by leveraging its hydropower resources to supply electricity, develop hydrogen and strengthen energy interconnections across Southeast Asia.

Sarawak banks on hydropower to become Asean's battery

About 14,500 hectares, or less than 1%, of the more than 1.9 million hectares affected by fires across Indonesia between January and September 2026 were within Roundtable on Sustainable Palm Oil (RSPO)-certified concessions, said RSPO chief executive officer Joseph D’Cruz.

Less than 1% of Indonesia’s fire-affected land falls within RSPO-certified concessions 

The anatomy of an ordinary failure, with extraordinary consequence, is a lesson that Malaysian boards of directors should not ignore.

At 10.02am on Tuesday, Sept 8, a notification appeared at Britain’s air traffic control centre outside Southampton: The link between London Area Control ...

Climate And Environmental Governance: The Tuesday that closed Britain’s skies

The average size of monitored wildlife populations worldwide declined by 73% between 1970 and 2022, according to the World Wide Fund for Nature’s (WWF) “Living Planet Report 2026: The Science of Hope”, released on Oct 8.

Monitored wildlife populations shrink by 73% on average over five decades

With the Ministry of Housing and Local Government (KPKT) preparing to mandate recycling facilities across all shopping malls, retail operators must begin investing substantial time and capital into recycling initiatives, mainly centred on waste separation at source systems and logistics partnersh...

Circular Economy: Malls taking the lead to promote recycling

Six youths looking to sue the government in their bid to enforce Malaysia’s 50% forest cover pledge will know on Dec 9 whether their case can proceed further, their lawyer Lim Wei Jiet tells ESG.

The six applicants are Abe Lim, Sitti Fatimah, Winona Elisha Jemak, Lee Yu Dong, A...

Action: High Court to rule on ‘Mana Hutan Kami’ suit on Dec 9 following AGC objection

The Securities Commission Malaysia’s (SC) announced plan to ask major listed companies for their El Niño preparedness is both a climate-disclosure development and a governance stress test, assessing the quality of board oversight over climate-related business risk.

Many Malaysian organi...

Views: When moderate to low climate risk becomes a board’s blind spot

While carbon footprints and board diversity are frequently discussed, the inclusion of neurodivergent individuals — those with autism, attention-deficit or hyperactivity disorder (ADHD) and other cognitive differences — remains a frontier that few small and medium enterprises (SMEs) have dared to...

Social: Incentive claiming process for hiring PWDs needs to be digitalised and simplified

A common criticism of nature-based carbon projects is that they could erode the rights of indigenous communities who live on the land and rely on the forests for farming, hunting and gathering forest produce.

There are allegations of failure by project developers to engage with indigeno...

Cover Story: Benefit sharing in carbon credit projects must be strengthened

Datuk Ho Leng Wai, executive chairman of CY Plastic Recycling Group of Companies, began his career in this industry on the ground. He started by collecting plastic scrap and later made a trip to China to learn how to turn it into new plastic again.

In 2004, he established a factory in K...

Waste: Consumer acceptance and regulation needed to boost use of post-consumer recycled plastics

The Edge Billion Ringgit Club 2026

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The Edge Property Excellence Awards 2026

Economists broadly expect Bank Negara Malaysia to raise its benchmark rate next year, after it stood pat on the OPR today. More in our quick round-up of some of today’s biggest stories on theedgemalaysia.com

E5: BNM expected to raise OPR in 2027

SD Guthrie is working on deals to double its midstream segment’s trade flow from its current four million metric tonnes.

NEWS: SD Guthrie on plans to expand midstream ops

SD Guthrie sees a potential 10% drop in overall Indonesian production next year due to severe El Niño dry spells, with Kalimantan hit worse than Sumatra. Impact could escalate in 2028 if dry conditions persist.

NEWS: SD Guthrie talks El Niño impact

US stocks dropped sharply on Thursday, with the Nasdaq poised to confirm correction territory as steep losses in chip and data centre-related stocks weighed a day after the Democrats' sweeping midterm election victory powered a broad-based rally.

Wall St slumps as sharp tech losses put Nasdaq on course for correction

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

ViTrox, Sunway Construction, Zetrix AI, SD Guthrie, Lotte Chemical Titan, Pentamaster, Kobay, F&N, Tanco, Alpha IVF, TT Vision

MRT Corp has awarded a RM2.69 billion contract to a joint venture comprising China Communications Construction Company, TRC Construction and Ufuk Semarak for the construction of the Penang LRT Mutiara Line's cross-sea extension linking Penang Island to the mainland.

MRT Corp awards RM2.69 bil contract for Penang LRT cross-sea extension

The dispute between Petroliam Nasional Bhd (PETRONAS) and Petroleum Sarawak Bhd (PETROS) is expected to be settled by year-end, according to Sarawak Premier Tan Sri Abang Johari Tun Openg.

PETRONAS-PETROS dispute to be settled by year-end, says Abang Johari

ViTrox Corporation Bhd (KL:VITROX) is upbeat after the semiconductor equipment maker posted its best quarter since listing in 2005, as higher volume drove down unit costs.

ViTrox posts best quarter since listing as volume surges, sees bright outlook

Chip stocks and the dollar fell on Thursday, while oil steadied around recent lows and broader share prices, gold and other assets rose after a sweeping Democratic victory in US midterm elections raised hopes for an end to the US-Iran war.

AI stocks, oil fall as investors bet on change after US election 'blue wave'

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

FBM KLCI up 1.19% to 1,635.86 on Nov 5, 2026

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.

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

SD Guthrie Bhd (KL:SDG) has called on the government to consider temporarily waiving the crude palm oil (CPO) export duty as a measure to resolve the ongoing supply glut.

SD Guthrie calls for export duty waiver to resolve palm oil supply glut

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

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

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

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

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

The two lower-ranking police officers whom Datuk Seri Mohd Shuhaily Mohd Zain allegedly assaulted in a viral CCTV footage are suing the Border Control chief for assault and battery.

Border Control chief Shuhaily hit with assault and battery civil suit

Asia-Pacific rail infrastructure investment is projected to reach US$9.6 trillion by 2050, the highest of any region globally, as governments expand networks to meet rising passenger and freight demand, according to a report by PricewaterhouseCoopers (PwC).

Southeast Asia faces varied paths to rail infrastructure growth

For more than two months, Malaysia has been shrouded in cross-border haze that has grown increasingly severe. While haze is an annual occurrence in Indonesia, Malaysia, Singapore and Timor-Leste, this year’s episode has been described as the worst since 2015.

Choking fumes sweep across Malaysia

Voters in the Melaka state election are urged to choose elected representatives who have a "direct line" to the Prime Minister's Office to ensure smooth development processes and the protection of local residents' welfare.

Melaka polls: Choose candidates who have 'direct line' to PM's office — Anwar

The government has agreed to provide flexibility regarding the existing moratorium on the export of raw rare earth element (REE) materials through the Guidelines for the Conditional Export of Raw Rare Earth Elements in order to attract potential investors.

Govt grants flexibility in rare earth element export moratorium to attract investors

DAP is focusing on retaining the four seats it currently holds in the 16th Melaka state election, its secretary general Anthony Loke Siew Fook said.

Melaka polls: DAP focused on retaining four incumbent seats, seeks to win three more

Members of the administration have been urged to arrive early for Dewan Rakyat sittings instead of waiting for their turn to speak, ensuring smooth proceedings and avoiding absences that reflect poorly on the House.

Johari lashes out at administrative members over Dewan Rakyat absences, skipped questions

Fertility care specialist  Alpha IVF Group Bhd (KL:ALPHA) has secured approval from the Securities Commission Malaysia (SC) and Bursa Malaysia to transfer its listing from the ACE Market to the Main Market.

Alpha IVF gets SC, Bursa approval for Main Market transfer 

KUALA LUMPUR (Nov 5): TT Vision Holdings Bhd (KL:TTVHB) has secured a purchase order worth RM15.32 million for automated optical inspection equipment.

According to its bourse filing, the Penang-based vision equipment maker secured the purchase order from an unnamed global opto-semicondu...

TT Vision bags RM15.32 mil order for automated optical inspection equipment

Yinson Production Ltd continues to prefer the lease-and-operate model for its floating asset business, said its chief executive, even as more oil majors explore the turnkey model in recent years.

Yinson's floating rig business prefers leasing model despite market shift towards turnkey

Fraser & Neave Holdings Bhd (KL:F&N) reported an 18.2% increase in net profit to RM135.05 million for its fourth financial quarter, from RM114.29 million a year earlier, mainly due to lower tax expenses.

F&N 4Q net profit rises 18% on lower tax expenses, proposes 30 sen final dividend

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 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

More degrees, wrong skills: Malaysia's graduate mismatch

Philip Morris International's global travel retail VP Beste Ermaner shared some market insights at the annual global summit and trade show in Cannes.

TFWA World Exhibition & Conference 2026 reveals what jet-setters are looking for today

The 33-piece fine jewellery oeuvre is inspired by the late cultural historian Azah Aziz’s sartorial legacy, drawing from her book 'Malay Textiles and Costumes: Form and Style'.

Suen’s latest Tita collection is an ode to Malaysian textiles and their motifs 

Between global premieres, collector fervour and a friendlier format, the second edition of the luxury event is fast earning a permanent spot on the horological calendar.

Bangkok Watch Week 2026 raises the bar for haute horlogerie in Southeast Asia

From glass sculptures and jewellery to paintings and textile design, the artworks are being showcased at ChinaHouse in George Town until Nov 30.

Mixed media exhibition 'Men with Plants IV' reflects on the importance of greenery and green spaces

A preview of the vehicles was recently held at the Mercedes-Benz Center in Singapore, showcasing the luxury automaker’s cutting-edge technology for the electric age and beyond.

Up close and personal with the new Mercedes-Benz electric GLC and CLA 200 AMG Line

KUALA LUMPUR (Oct 6): Two additional general partners (GPs) have been named in Jelawang Capital Sdn Bhd’s inaugural 2025 Emerging Fund Managers’ Programme (EMP) cohort, more than 15 months after the first three were announced.

Two more firms named in Jelawang’s inaugural Emerging Fund Managers’ Programme cohort

KUALA LUMPUR (Oct 6): Malaysia needs to ensure the investments it attracts translate into deeper local supply chains, higher-value jobs and greater participation by domestic companies, said UOB Malaysia CEO Datuk Ng Wei Wei.

Malaysia needs to turn foreign investment into stronger local supply chains

For much of the past two years, investors have asked when the US Federal Reserve would start cutting interest rates. After Jackson Hole, a gathering of central bankers, a more important question has emerged: are markets prepared for rates to remain higher for longer?

The message from Ja...

Pitfalls & Pitch Calls: Rate uncertainty and your portfolio

There is a peculiar feature of modern wealth. Some of the biggest things we aspire to own make surprisingly little financial sense. Take a car. In a city where ride-hailing is readily available, the mathematics of ownership can be difficult to justify once you add the purchase price, depreciation...

Wealth, by Design: Lifestyle tax: The price of the life we choose

Income funds took the spotlight for the third consecutive month. Five of the seven new funds launched from mid-August to mid-September were income or income-related funds, according to the Federation of Investment Managers Malaysia.

The seven funds were AHAM Shariah Gold Tracker Ringgit...

Funds: Seven funds launched from mid-August to mid-September

Tokenisation, the act of representing an asset or claim as a token on a distributed ledger or blockchain, has remained under the radar among local financial institutions. Until recently.

The catalyst, market observers say, came from Bank Negara Malaysia, when it launched the Digital Ass...

Cover Story: Banks shift tokenisation into higher gear

Transitioning from the entertainment industry to the food and beverage (F&B) sector is not easy, but when comedian Ajak Shiro heard his child express a desire to start a fried chicken business, he thought of making the idea a reality.

Ajak, whose real name is Mohd Hanaffi Razak, loo...

Private Deal: Celebrity-founded nasi padang restaurant chain Bumbu Babah aims to raise RM20 mil

Two veterans of Malaysia’s start-up and investment ecosystem — entrepreneur and investor Sivapalan Vivekarajah and former Pitch Platforms Sdn Bhd (pitchIN) chief operating officer Xelia Tong — are launching a RM50 million debut venture fund.

Main Market-listed automotive replacement-par...

Venture Capital: Cypress Asia launches RM50 mil debut venture fund with New Hoong Fatt as anchor investor

Halogen Capital, the country’s first licensed digital asset fund manager, is in the process of launching Malaysia’s first digital currency exchange-traded fund (ETF).

Its founder and CEO Hann Liew says the firm is preparing a shariah-compliant Bitcoin ETF, potentially giving millions of...

TheWall: Halogen aims to go mainstream with ETF, starting with digital assets

KUALA LUMPUR (Sept 25): Khazanah Nasional Bhd’s venture capital fund-of-funds, Jelawang Capital Sdn Bhd, has appointed Howard Soh as CEO, effective Oct 1.

Soh’s appointment comes about 15 months after former CEO Bryan Lim left Jelawang and its parent, Khazanah, at the end of June 2025, ...

Jelawang Capital appoints new CEO Howard Soh after long vacancy

Cover Story: HeiTech Padu: Collaboration with Zetrix AI for NIISe project lapsed

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?

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

Summary


	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

“The only thing worse than being blind is having sight but no vision.”  — Helen Keller (1880-1968), American author, disability rights advocate and political activist

 

I lost my eyesight temporarily recently — a condition so frightening, s...

Everyday Matters: A journey beyond the visible

Akiko walks home after work, grocery bags in both hands, when she catches sight of her cognitively impaired father-in-law wandering the street in the falling snow, with no overcoat and a vacant expression. When they reach home, she learns why no one had been watching over him: her mother-in-law h...

My Say: Crucial lessons from Japan on ageing and becoming an aged nation

THE Lees of IOI Corporation (KL:IOICORP), with its sprawling plantation and property interests, are a high-profile family in Malaysia. Until recently, IOI Properties Group (IOIPG), the conglomerate’s Bursa-listed property arm, had remained relatively unknown in Singapore. 

Just as ...

Singapore: IOI Properties Group tightens grip on Singapore’s CBD

FOUR years ago, OpenAI unveiled ChatGPT and unleashed an unprecedented artificial intelligence (AI) boom. For a lack of a better yardstick, the barometer S&P500 Index is up over 115% inclusive of reinvested dividends while the XLK, the State Street Technology Select Sector SPDR ETF, the large...

Tech: Coreweave and neocloud troubles won’t end the AI boom 

Emerging economies’ external debt climbed to a record US$9.4 trillion (RM38 trillion) in 2025, according to the World Bank, boosted in part by the poorest nations facing borrowing cost levels unseen since the 1980s.

Poorer nations face highest debt costs since 1989, World Bank says

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

Gold prices hit a more than two-week high on Thursday as US dollar and Treasury yields weakened after lower oil prices eased inflation concerns, while investors awaited key US payrolls data for rate policy clues.

Gold at over two-week high as dollar, yields weaken; US payrolls data awaited

Apple Inc is planning to raise about US$7 billion (RM28.33 billion) from its first investment-grade bond offering in more than a year to help fund share buybacks, adding to a flurry of debt issuance by US technology heavyweights.

Apple seeks about US$7 bil from first bond sale in over a year — Bloomberg

Goldman Sachs Group Inc and Apollo Global Management Inc are in talks with Wall Street investors to start selling portions of a roughly US$40 billion (RM162.55 billion) chip financing deal for SpaceX, just as the artificial intelligence (AI) boom braces for upheaval following a sweeping Democratic victory.

Goldman, Apollo in talks to sell SpaceX’s US$40 bil AI deal — Bloomberg

Garment workers staged fresh protests in Bangladesh on Thursday, forcing factories to suspend operations despite a wage board move to introduce a revised pay structure from December.

Bangladesh garment protests continue despite wage board move

Brent crude futures rose nearly US$3 on Thursday as investors weighed the future course of the US-Israeli war with Iran after US President Donald Trump's Republican Party suffered heavy losses in midterm elections this week.

Oil rises as investors weigh uncertainties around Iran war

The number of Americans filing new claims for unemployment slipped to a 57-year last week as lay-offs remained low against the backdrop of a resilient labour market.

US weekly jobless claims at 57-year lows amid low lay-offs

US labour productivity accelerated in the third quarter (3Q) at the fastest pace in a year, suggesting a capital spending boom is translating into greater efficiency at a time when input costs have soared.

US labour productivity increases at fastest pace in a year

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.

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