About 63%, or 114, of the 181 respondents in the Real Estate and Housing Developers’ Association Malaysia’s (Rehda) latest Property Industry Survey said they had no plans to launch residential projects in the second half of 2026, while the remaining respondents planned to unveil 18,696 units. The...

More than 60% of Rehda members hold off on 2H2026 residential launches

Mitraland Group is expanding its signature Quartz series by rolling out the third and largest collection so far: Bayou Quartz in Kota Bayuemas, Klang, Selangor, on Oct 10. 

Spanning 52 acres of freehold land, Bayou Quartz has a gross development value of RM800 million. It comprises...

Mitraland’s new 52-acre gem in Kota Bayuemas

For Johor-based BCB Bhd (KL:BCB), Johor’s next phase of growth is not about chasing the latest property cycle, but positioning its developments in the state’s evolving economic landscape.

According to executive director Lindy Tan, the developer sees opportunities emerging across differe...

Cover Story: BCB maps its next phase of growth across Johor

WM Senibong Bhd plans to unveil Centennial ParcVista in Johor in the first half of 2027, according to its CEO C K Quay.

Situated just across its existing development Crest@Austin in Johor Bahru, the site — spanning 959.7 acres of freehold land in Tebrau — was acquired from S P Setia Bhd...

WM Senibong’s strong cash position backs key launches, company in no rush to undertake IPO

For many Malaysians, reconnecting with nature can mean different things. It could be as simple as spending more time outdoors, learning where food comes from or taking a walk through a forest.

But beyond recreation, there are also ways of engaging with nature that involve conservation, ...

Reconnecting with nature through community engagement

The importance of proactive governance

As Budget 2027 approaches, property industry players are looking beyond measures to support homeownership, calling for broader reforms to address affordability, rising development costs, infrastructure, sustainability and urban regeneration. While continued support for buyers remains a common the...

Property players look beyond homeownership in Budget 2027 wish list

It was a scorching afternoon when Country Garden Pacificview Sdn Bhd (CGPV) executive director and chief of regional industrial business development Kevin Li and regional vice-president Syarul Izam Sarifudin arrived at The Edge’s office in Petaling Jaya, Selangor. The pair had flown in f...

Cover Story: Playing the long game at Forest City

Our cover story features Johor-based BCB Bhd (KL:BCB), who views Johor’s next phase of growth as not about chasing the latest property cycle, but positioning its developments in the state’s evolving economic landscape.

BCB maps its next phase of growth across Johor

On July 11, a new road was opened between Malaysia and Thailand connecting the Bukit Kayu Hitam ICQS (Immigration, Customs, Quarantine and Security) Complex in Kedah to the new Sadao CIQ (Customs, Immigration and Quarantine) Complex in Songkhla, in southern Thailand. Launched by Prime Minister Da...

Building a northern industrial ecosystem

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

The Sarawak Artificial Intelligence Centre (SAIC) and IBM Malaysia Sdn Bhd plan to establish the Sarawak Quantum Safe Centre, an innovation hub that will help organisations prepare for cybersecurity risks posed by advances in quantum computing.

SAIC, IBM plan Sarawak quantum-safe centre to address post-quantum cyber risks

KUALA LUMPUR (Sept 30): Consumer finance group Skyro has received approval from the Ministry of Housing and Local Government (KPKT) to conduct online moneylending in Malaysia, marking its second Southeast Asian market after the Philippines.

Philippines’ Skyro gets approval to offer online moneylending in Malaysia

KUALA LUMPUR (Oct 9): Lestari Cooling Energy Sdn Bhd, a joint venture between KJTS Group Bhd (KL) and infrastructure-focused investment firm Stonepeak Partners, aims to use its capital expenditure (capex) model to adopt new energy-efficient technologies as they become commercially viable.

...

Preparing district cooling systems for future technologies

KUALA LUMPUR (Oct 8): Malaysia’s ambition to transition towards a low-carbon, sustainable and green economy requires a whole-of-nation commitment, with the government, industries, financial institutions, research institutions, state governments and local communities playing their respective roles, said Deputy Prime Minister Datuk Amar Fadillah Yusof.

Whole-of-nation commitment needed to drive Malaysia’s green transition, says Fadillah

KUALA LUMPUR (Oct 8): Malaysia has made significant early headway in its energy transition journey, having reached a 33% renewable energy (RE) capacity mix by mid-2026, placing the nation comfortably within reach of its 35% target by 2030 and its ultimate goal of
70% by 2050.

Grid upgrades, green sukuk and bankability key to next phase of energy transition

The National Climate Change Bill (Ruupin) could be tabled during the current parliamentary sitting, subject to Cabinet approval, said Natural Resources and Environmental Sustainability Minister Datuk Seri Arthur Joseph Kurup.

Climate Change Bill could be tabled in current parliamentary sitting, says minister

The Malaysian Communication and Multimedia Commission (MCMC) has launched the Lestari: Sustainability Framework and Roadmap 2030 (SFR2030) for the sectors it oversees — telecommunications, broadcasting, and postal and courier.

MCMC launches Lestari roadmap to cut emissions and e-waste

PERAK (Sept 24): About 100 residents of Kampung Sat, an Orang Asli village in Sungkai, now have a reliable source of electricity for home lighting and mobile charging after 10 portable battery energy storage systems (BESS) were deployed to households on Sept 3.

Solar batteries bring power to Orang Asli village in Perak

KUALA LUMPUR (Sept 24): The Malaysian Constitution, shaped by the realities of 1957 and 1963, needs to be revisited if the government is to take greater responsibility for climate action today, said former natural resources and environmental sustainability minister Nik Nazmi Nik Ahmad.

Constitution must reflect today’s climate demands, says Nik Nazmi

The 30% Club has done something important: it put a number on the table. But I want to challenge the number itself. If women are competent, the right target is not 30%. It is 100%. Boardrooms are not Spartan battlegrounds where gender earns entry. They are environments that reward critical thinki...

Views: The case for moving beyond the 30% Club target

Climate scientists have rung the alarm bells: El Niño is underway, with a "super" El Niño developing in the coming months, bringing intensified drought, heatwaves and heavy rainfall. We’re already seeing the effects of it across the world. In Spain, Italy and France, sweltering summer temper...

Views: El Niño: Who is to blame?

Cutting carbon is particularly difficult for a chemical company because many of its products rely on fossil-based raw materials while lower-carbon alternatives often cost far more than buyers are prepared to pay.

That leaves companies with a few broad options, such as investing in activ...

Industry: Petrochemical companies decarbonisation journey still challenging

The Edge Billion Ringgit Club 2026

The Edge ESG Awards 2026

The Edge Centurion Club Corporate Awards 2026

The Edge Best Managed & Sustainable Property Awards 2026

The Edge Property Excellence Awards 2026

The HR Ministry plans to amend the law to pave the way for a mandatory RM2,500 minimum starting salary for graduates and semi-skilled workers. More in our quick round-up of some today’s biggest stories on theedgemalaysia.com

E5: Higher education, higher starting pay

Mixed-use developments bring together residents, retailers, offices and hotels, each with different needs and expectations. City & Country and Henry Butcher Malaysia (Mont Kiara) look at why capital expenditure planning is essential for the long-term management of strata developments.

Strata Sense Part 5: Defusing the Capex Time Bomb

The government has announced higher tax relief and lower income tax rates But how much will you really save? This week, let’s explore: How does the increase in personal tax relief affect your tax bill? How much tax can different income groups save? Watch this week’s EdgeUP to find out how Budget 2027 could affect your wallet@TheEdge_SG

EdgeUP: Budget 2027: Tax Cut Explained

Former natural resources and environmental sustainability minister Nik Nazmi Nik Ahmad will be barred from all official activities of Parti Bersama Malaysia (Bersama) for three months from Oct 20 to Jan 19, 2027.

Bersama bars Nik Nazmi from official activities for three months — president

A total of 24 areas nationwide recorded unhealthy air quality as of 9.30am, with Pasir Gudang, Johor, registering the highest air pollutant index (API) reading at 196.

Haze: 24 areas nationwide record unhealthy readings as of 9.30am

Nvidia Corp chief executive officer Jensen Huang took a sanguine view towards the latest artificial intelligence (AI) stock-market rout, saying the benefits of the technology will soon outweigh the concerns of investors.

Nvidia CEO on AI market turmoil: ‘All of this is going to pass’

Wall Street ended sharply lower on Friday, with CoreWeave, Broadcom and other artificial intelligence (AI)-related technology stocks under renewed pressure, while a jump in oil prices spooked traders heading into the weekend.

Wall Street ends down sharply; worries about AI trade and high oil prices weigh

A generation of investors grew up believing that Genting Bhd (KL:GENTING) was a cash-generating machine where nothing can go wrong even during the worst of times.

Genting loses its lustre

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

Zetrix AI, Genting, Genting Plantation, IOI Properties, Public Bank, RHB Bank, Cape EMS, Turiya, EGH International, Westsports Holdings & Cosmos Tech 

Zetrix AI Bhd (KL:ZETRIX) faces potential sukuk payment obligations of RM2.16 billion if it fails to resolve a covenant breach by Oct 22, which could trigger a payment default.

Zetrix on the hook for RM2.16 bil as sukuk holders sound alarm bell  

Public Bank Bhd (KL:PBBANK) could see its consolidated net assets and earnings per share reduced by four sen, following an expected HK$1.964 billion — or about RM1.1 billion — goodwill impairment at its Hong Kong-listed subsidiary, Public Financial Holdings Ltd (PFHL).

Public Bank’s HK unit to take HK$1.9b non-cash impairment, trimming parent’s net assets and earnings by four sen per share

Datuk Vijayasundaram Jeyabalan has emerged as a substantial shareholder in Turiya Bhd (KL:TURIYA) after acquiring 22.872 million shares, representing a 9.091% stake in the company, through a private placement.

Vijayasundaram Jeyabalan emerges as Turiya’s second-largest shareholder with 9.09% stake via placement

Indonesia's stock market is no longer worthy of "emerging market" status, MSCI said on Friday, laying out a plan to remove it from a suite of indices tracked by funds, a shock move that sparked the steepest one-day drop in Jakarta shares since 1998.

Indonesia gets 'wake-up call' as MSCI prepares to expel it from global indices

EGH International Bhd (KL:ECOGRP) fell in its ACE Market trading debut on Friday amid relatively weak demand for the interior fit-out firm’s shares.

EGH International stumbles in ACE Market debut

Zetrix AI Bhd (KL:ZETRIX) acknowledged a potential breach of a sukuk's clause that requires the digital services firm’s managing director to remain as its single-largest shareholder.

Zetrix AI acknowledges potential breach of sukuk covenant

The Human Resources Ministry plans to amend the National Wages Consultative Council Act 2011 to allow minimum wages to be set based on education levels, paving the way for a mandatory minimum starting salary of RM2,500 a month for graduates and semi-skilled workers under Budget 2027.

Govt to amend wage law for mandatory RM2,500 minimum starting salary for graduates, semi-skilled workers — HR minister

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

FBM KLCI down 0.98% to 1,607.76 on Oct 16, 2026

Against a backdrop of global uncertainty, Malaysia is seen strengthening its position as a competitive and resilient investment destination.

Malaysia stays resilient as global investors seek new growth markets

From design to the finished device, a chip goes through four main stages. Global giants dominate each stage, but Bursa Malaysia–listed companies are strongest in assembly and test, and in the equipment, machined parts and automation segments that the entire chain depends on.

Where Malaysian players sit in the semiconductor value chain

At a time when artificial intelligence (AI) is advancing rapidly, the need for cybersecurity spending has also increased significantly. According to a global survey of about 300 cybersecurity leaders conducted by Boston Consulting Group (BCG) and released on Aug 27, cybersecurity spending is expected to continue to grow strongly, with more than 80% of respondents planning to increase their budgets through 2027.

Rising AI complexity fuels cybersecurity spending

Parti Keadilan Rakyat (PKR) will field a mix of seasoned and experienced candidates, young people and women from various ethnic groups in the 16th Melaka state election on Nov 14.

Melaka polls: PKR to field experienced, young and women candidates, says Amirudin

Electricity supply to all areas affected by a fire at the Kangkar Tebrau Main Intake Substation in Johor on Friday was fully restored within 77 minutes, Tenaga Nasional Bhd (TNB) (KL:TENAGA) said.

TNB restores power within 77 minutes after Kangkar Tebrau substation fire

The National Physical Planning Council (MPFN) has given in-principle approval to the proposed development of the National Maritime Port City and Carey Island Port Special Economic Zone.

National Physical Planning Council okays Carey Island development, project to contribute RM4.7b to GDP, says Nga

The Malaysian Employers Federation (MEF) has urged employers to take proactive measures to protect employees’ safety, health and welfare as haze conditions worsen, including adjusting work arrangements in line with prevailing air quality and occupational safety requirements.

MEF urges employers to strengthen workplace safety, health amid worsening haze

IOI Properties Group Bhd (KL:IOIPG) said its board has yet to deliberate on the potential acquisition of Singapore properties mentioned by its chief executive officer in a media report.

IOI Properties board yet to deliberate on potential Singapore acquisitions

Parti Amanah Negara (Amanah) president Datuk Seri Mohamad Sabu stated that the party has been allocated eight state legislative assembly (DUN) seats to contest in the Melaka state election (PRN).

Amanah allocated eight seats in Melaka polls — Mohamad Sabu

Bank Negara Malaysia (BNM) has maintained additional capital buffer requirements for the country’s three biggest banks: Malayan Banking Bhd (KL:MAYBANK), CIMB Group Holdings Bhd (KL:CIMB) and Public Bank Bhd (KL:PPBANK).

Bank Negara keeps Maybank, CIMB and Public Bank on systemically important banks list, with capital buffers unchanged

Electronics contract manufacturer Cape EMS Bhd (KL:CAPE) is collaborating with Taiwan-listed FIC Global Inc (FICG) to serve as its strategic partner in the latter’s optical transceivers manufacturing expansion in Johor.

Cape EMS partner FIC Global unit for Johor expansion, proposes RM50 mil RCPS issuance

Two Tenaga Nasional Berhad (TNB) workers were rushed to hospital after a fire broke out at  a major electricity substation in Johor Bahru on Friday, causing power outages across large parts of the state capital.

Two TNB workers rushed to hospital after JB power substation fire  

Lembaga Tabung Haji (TH) has assured depositors that its operating systems remain secure, with the protection of their accounts, savings and personal data a top priority.

Tabung Haji reassures depositors over account, data security

Budget 2027: More to spend, less to build?

Maisons such as Vacheron Constantin and Patek Philippe are stepping beyond their traditional vocabulary to appropriate the savoir faire of haute couture.

Luxury watchmakers are taking cues from the world of bespoke tailoring

With fashion waste at an all-time high, the label is spearheading ways of designing and using the clothes we wear.

Swiss bag maker Qwstion drives new sustainable standards with banana fibre-based textile

These curated retail spaces in Kenya, Malaysia and Thailand offer abundant selections of treasures from their local creative communities.

Multibrand stores from around the world to shop for artisanal crafts and goodies

The family-run atelier celebrates its centenary next year, carrying on its traditional artisanship in the age of mass production.

Saint-Tropez's Atelier Rondini sandals are the ultimate French Riviera souvenir

The maison unveiled five new Vintage Alhambra and Magic Alhambra creations.

Van Cleef & Arpels reimagines its legendary Alhambra collection in pink enamel

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

Something fundamental has shifted in Malaysian schools, and we must confront the gravity of where we now stand. The violence witnessed within our educational corridors has escalated far beyond routine bullying into an alarming wave of homicides and suicides. A stark symptom of extreme psychologic...

Edunation: Homicide, suicide and the tragedy of school disengagement

THE situation at Zetrix AI Bhd (KL:ZETRIX) appears to be deteriorating, with more issues emerging. Late last Friday (Oct 2), Zetrix and its wholly-owned unit MyEG Sdn Bhd had their roles as collection agents for the Road Transport Department (JPJ) suspended, effective from 12.01am on Oct 5.
...

Cover Story 2: Heading deeper into the woods

IN September 2022, CGS International Securities Sdn Bhd (then CGS CIMB) granted a RM60 million margin trading account facility to Wong Thean Soon, co-founder and largest shareholder of MyEG Services Bhd, now known as Zetrix AI Bhd (KL:ZETRIX).

The facility came with a price cap on Zetri...

Cover Story 2: Insights into margin calls on Zetrix’s Wong

IN a rare move, Excel Force MSC Bhd ­(KL:­EFORCE) (EForce) has proposed to raise funds of up to RM10.66 million through the issuance of new shares.

According to the company, which last implemented a share placement to raise funds in 2010, the proceeds are required for working capital be...

Cover Story 2: Where did Excel Force’s RM26.6 mil go?

A real estate investment trust (REIT) is often seen as the ultimate destination for property developers to unlock the value of assets they have developed.

Datuk Seri Azmir Merican, group managing director and CEO of Sime Darby Property Bhd (SDP) (KL:SIMEPROP), however, is of the opinion...

Cover Story: Driving growth in an unconventional way

DATUK Seri Azmir Merican, group managing director and CEO of Sime Darby Property Bhd (SDP), is steering the country’s largest developer by land bank away from the traditional develop-and-sell model to become a diversified real estate group.

SDP is sweating its land bank, maximising retu...

Cover Story: ‘We went against the grain’

Five years ago, Sime Darby Property Bhd (KL:SIMEPROP) (SDP) was still predominantly a township developer whose earnings depended largely on building properties, selling them and moving on to the next parcel of land.

Most of these were landed homes.

Today, while property develo...

Cover Story: Reworking the developer model

The 1944 Bretton Woods (BW) conference accepted the US’ demand to use the dollar to settle international financial transactions. This arrangement would require a US balance-of-payments deficit to issue enough dollars.

But every dollar abroad was, in principle, a claim on US monetary gol...

My Say: The dollar-gold standard’s lingering demise

The global economy is showing remarkable resilience but there is no room for complacency, the head of the International Monetary Fund's steering committee said on Saturday, while divisions over Russia's war against Ukraine sparked a walkout of delegates.

IMF committee chair says global economy resilient; delegates walk out on Russian official

US President Donald Trump waived massive tariffs linked to Russian energy exports mandated in a law that he signed last month, as the measures complicated his push to lower diesel prices ahead of the US midterm elections.

Trump halts new Russia energy sanctions to ease diesel costs

Singapore has identified seven companies it says were involved in wildfires in Indonesia that have blanketed the city-state in haze, stepping up scrutiny of firms linked to the blazes.

Singapore names seven companies over Indonesia haze fires

Every year, sea turtles return to the beaches of northern KwaZulu-Natal, in South Africa, where they began life. Once they leave the shore, some travel north through the Mozambique Channel, using waters and coastal habitats off Mozambique and Madagascar, while others journey into the wider Indian...

Sustainable Development Now: Conserving a Connected Ocean

Wall Street has spent the year betting on staggering artificial intelligence (AI) growth while worrying about stubborn inflation. This week, investors got a fresh taste of both risks: a deepening rout in the AI complex that reached into its debt financing, and oil at US$110 a barrel threatening to make inflation harder to contain.

Wall Street anxiety spreads as AI rout meets US$110 oil shock

Anthropic PBC has presented its own draft bill to US lawmakers with a plan for regulating artificial intelligence (AI) safety and security, in a moment of heightened concern about the potential risks of the rapidly advancing technology.

Anthropic pitches AI safety bill to lawmakers — report

Chinese firms have emerged as the biggest losers of the faltering global artificial intelligence (AI) trade, a setback for Beijing’s efforts to use stock markets to supercharge its ambition of technological supremacy.

Chinese stocks turn biggest losers as global AI trade stumbles

Global stocks fell modestly on Friday as markets stabilised after a sharp tech-led sell-off, while the dollar headed for a weekly loss.

Global stocks slip as dollar heads for weekly loss

Chinese chipmaker CXMT Corp reported a surge in preliminary profit and sales during the first nine months of the year after global demand for memory sent prices of the components soaring.

China’s CXMT swings to profit after memory chip prices surge

ExxonMobil Holdings Corp is the latest oil supermajor to signal soaring third-quarter refining profits as wars in the Persian Gulf and Russia crippled fuel-making facilities causing prices to surge.

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