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

Building climate resilience is no longer just about recovering from the next massive flood or enduring another scorching heat wave. It requires fundamentally rethinking how our cities grow, fund and protect their most vulnerable populations, according to experts from government planning agencies,...

Planning cities that last

Rehda Youth’s latest Township Tour Series took participants through two aspects of modern property development — how a township is planned and activated, and how its homes are increasingly being built off-site. The Aug 28 visit to Gamuda Cove and Gamuda IBS Banting Factory — both in Selangor — ga...

Rehda Youth tours Gamuda Cove and Gamuda IBS factory

Boosted by a stellar first half, CPI Land Sdn Bhd has reaffirmed its RM2.4 billion gross development value (GDV) target for new launches despite market headwinds.

“Rising costs and market uncertainties are very challenging for the entire industry, not just for CPI Land. For us, we plan ...

Cover Story: Completing Taman Selayang Mulia

As Malaysia readies itself for Budget 2027, property industry stakeholders are, once again, on cue with their annual wish lists.

The “wants” and “needs” sound all too familiar: easier financing, stamp-duty relief, incentives for first-time homebuyers, lower development costs and perhaps...

Who will manage the next million affordable homes?

When Malaya gained its independence in 1957 and later expanded to form Malaysia with Sabah and Sarawak in 1963, it gave citizens the freedom to shape their own future. This trajectory has driven immense economic and social growth, leading many to measure success through material possessions like ...

Big living in small spaces

Managing financial and operational conflicts

Major urban high-rise developers appear to have taken a new approach to their projects in recent years. Companies such as EXSIM Group, Mah Sing Group Bhd (KL:MAHSING), ParkCity Group, SkyWorld Development Bhd (KL:SKYWLD) and UEM Sunrise Bhd (KL:UEMS) believe that a community isn’t built on an abu...

Cover Story: Creating common spaces to tackle vertical isolation

Masteron Sdn Bhd’s KR7 Residences Tower A in Taman Mas Puchong and Astra Residence in Taman Puchong Prima have achieved a take-up rate of 90%.

KR7 Residences Tower A, launched in December 2021, is one of two towers on a 3.12-acre development. The towers have a combined gross development...

Masteron’s KR7 Residences Tower A and Astra Residence achieve 90% take-up

In City & Country's Sept 21 cover story, CPI Land Sdn Bhd is rolling out its second launch of the year — a 50-acre landed residential development located in Selayang, Selangor.

Completing Taman Selayang Mulia

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

Global networking devices and accessories provider TP-Link Distribution Malaysia Sdn Bhd has launched WiFi 8, a new technology designed to strengthen coverage, manage congestion and reduce interference.

TP-Link launches new WiFi technology to strengthen connectivity, manage congestion

Every important decision we make is, in one way or another, a decision about the future. Parents save for their children’s education in the hope of creating better opportunities. Young professionals choose careers based on where they believe industries are heading. Businesses invest in new produc...

Ideas: Thinking beyond tomorrow

Malaysia is strengthening its cybersecurity foundations as businesses, public services and critical infrastructure become more digitally connected. The Cyber Security Act 2024 has reinforced the importance of stronger governance and accountability, while the adoption of cloud services, automation...

Security: Building the workforce behind Malaysia’s cyber resilience

Last week, I learnt about something called a “dopamine site”, which is basically a website that lets you shop without spending any actual money.

One of them, Dopamine Shop (dopamine-shop.com), looks like any other online marketplace, with a search bar, shopping cart, deals, mystery boxe...

Geekspeak: The thrill (and disappointment) of shopping for nothing

Affluent and high-net-worth (HNW) investors in Malaysia are adopting artificial intelligence (AI) tools for finance and investment, but they still rely heavily on the critical oversight that comes from human professional judgement. This is why more than half, or 58%, still want human-AI synergy when making financial decisions.

Human-AI hybrid preferred in financial decision-making

Just a year ago, most manufacturers experimenting with artificial intelligence (AI) were still in the pilot stage, testing the technology in controlled environments to better understand its potential. That phase is now largely over, says Samson Khaou, executive vice-president for Asia-Pacific at ...

Industry: AI adoption among manufacturers enters a more mature phase

CelcomDigi Bhd (KL:CDB) is expanding beyond mobile connectivity into enterprise technology solutions as slowing growth in the telecommunications market pushes operators to seek new revenue streams.

Kugan Thirunavakarasu, chief enterprise business officer at CelcomDigi, says connectivity...

Connectivity: CelcomDigi looks beyond connectivity for growth

Malaysia’s bid to capture 7% of the global advanced packaging market by 2035 is beginning with five local companies developing an advanced packaging prototype built around an HBM4-capable chip for artificial intelligence (AI) and high-performance computing applications — in a collective attempt t...

Cover Story: What it takes for Malaysia to gain a foothold in advanced packaging

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) is testing a framework to align research and commercialisation efforts with national priorities.

CEO Ashran Ghazi, who stepped into the role in December 2025, says the approach is intended to prevent research and ...

Interview: MRANTI uses national priorities to guide park and commercialisation plans

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

Plastic bags and straws labelled as biodegradable, compostable, or environmentally friendly are now a common sight in the market. Unfortunately, the reality is that not all of these claims are entirely true and that the use of these materials may end up causing more harm to the environment than t...

Cover Story: Are biodegradable and compostable plastic the greenest solution?

There are only four years left to achieve the Sustainable Development Goals (SDG) by 2030, but it is unlikely that all the 17 SDGs will be fulfilled by the deadline. According to the latest report, only 16% of the SDGs are on a positive pathway, and the rest are significantly off track.

Policy: What’s next after the 2030 Sustainable Development Goals?

The likelihood of El Niño developing now exceeds 90%, bringing expectations of a prolonged period of hotter and potentially drier conditions in Malaysia in early 2027. Climate change could further intensify the heat and other weather extremes.

The Super El Niño

Michelle Tee started her working life in the textile manufacturing industry by joining her father’s business in Johor, which specialised in manufacturing uniforms for companies. For the first eight years, Tee was happy whenever she saw batches of uniforms being sent to clients. That meant good sa...

Waste: Tackling the problem of used uniforms

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 Edge Billion Ringgit Club 2025

The JPJ has suspended MYEG Group’s services as a collection agent from Oct 5. This and more in our quick round-up of today’s biggest stories on theedgemalaysia.com

E5: JPJ suspends MyEG, Zetrix AI’s services

Reliving an unforgettable evening with Mercedes-AMG F1 in Kuala Lumpur, featuring Kimi Antonelli, George Russell, and the AMG lineup as the Bahrain Grand Prix gets underway at Sepang.

Mercedes-AMG F1 takes over Kuala Lumpur | Recap

Disputes in mixed-use developments rarely start as disputes. They start as small gaps left unaddressed. City & Country and Henry Butcher (Mont Kiara) explain why transparent reporting, tailored by-laws, balanced representation, and early intervention separate well-run mixed-use developments from those heading for conflict.

Strata Sense Part 4: The Importance of Proactive Governance

Group of Seven countries agreed on Friday on the release 100 million barrels of diesel and crude oil from emergency reserves in a move cheered by US President Donald Trump as he seeks help to cool off surging fuel prices linked to the Iran war.

G7 countries agree on release of diesel and oil stocks after US pressure

KUALA LUMPUR (Oct 2): PMCK Bhd (KL:PMCK) has proposed to diversify into the import and supply of medical consumable products by acquiring Derberg Sdn Bhd and Marpoliq Sdn Bhd for RM52.77 million in cash.

In a Bursa filing on Friday, the healthcare services provider said it had entered i...

PMCK to diversify into import and supply of medical consumables with RM53m acquisitions 

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

Gas Malaysia, PETRONAS Chemicals, TXCD, Berjaya Corp, Zetrix AI, Country Heights, Lim Seong Hai, Mah Sing, Kinergy Advancement 

US stocks rose on Friday, pushing the Nasdaq Composite to a record high, after weaker-than-expected jobs data reduced odds of a near-term rate hike, driving Treasury yields lower, while lower oil prices added to the risk-on mood.

Nasdaq hits record high after softer jobs data cuts rate-hike bets 

Global shares rose on Friday as wild volatility in bond and currency markets eased and oil prices fell, while weaker-than-forecast US jobs data scuppered chances of a rate hike from the Federal Reserve later this month.

Global shares gain, bonds supported as oil drops, jobs data misses expectations

Both the SME Association of Malaysia and Malaysia Retail Chain Association (MRCA) have called on the government to defer any minimum wage increase for now, citing challenging operating conditions.

SME Malaysia, MRCA seek deferment of minimum wage review

Zetrix AI Bhd's (KL:ZETRIX) shares fell to a 13-year low of 10 sen in intraday trade on Friday following reports that the company owes the government more than RM200 million it had collected on behalf of the Road Transport Department (popularly known as JPJ).

Zetrix AI falls to 13-year low of 10 sen following reports it owes JPJ RM200m

Berjaya Hills Resort Bhd, part of Berjaya Corp Bhd (KL:BJCORP), said the enforcement on its properties by the Pahang authorities was “unconscionable and totally unacceptable”.

Berjaya calls enforcement on its hill resort ‘unconscionable and totally unacceptable’ amid quit rent hike dispute

The Road Transport Department (JPJ) will suspend MyEG Sdn Bhd and Zetrix AI Bhd (KL:ZETRIX), both under MYEG Group, as its collection agents effective 12.01am on Oct 5, 2026.

JPJ suspends MYEG Group’s services as collection agent from Oct 5

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

FBM KLCI up 0.03% to 1,630.87 on Oct 2, 2026

UWC Bhd (KL:UWC) rose to a fresh high on Friday as analysts flagged upside for the engineering services firm from Southeast Asia’s rapidly growing semiconductor supply chain.

UWC shares hit fresh high with new ‘buy’ call from UBS

Passenger service for the Johor Bahru-Singapore Rapid Transit System (RTS) Link is expected to commence in February 2027, with all system tests and trial runs targeted for completion by Dec 31 this year.

RTS Operations Pte Ltd (RTSO) said in a statement on Friday that the timeline takes into account the expected duration of the remaining works, as well as the time required for safety certification by a third party and approvals from the grantors of both countries.

RTS Link passenger service expected to begin in February 2027

Selling pressure on Malaysian large-cap stocks could persist over the next one to three months amid cautious global sentiment but is unlikely to trigger a sharp market correction, according to BIMB Securities.

KLCI selling pressure may persist, but sharp correction unlikely — analysts

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

Sustainability hasn’t retreated, but its progress has fractured into winners and laggards, and CEOs must build conviction rather than assume uniform momentum, according to Bain and Company’s 2026 CEO Sustainability Report.

US$2.4 tril in green investment, yet most sectors are being left behind

A total of 8,000 businesses in Kuala Lumpur renewed their business licences within two months after a new multi-year renewal initiative was introduced in July.

A total of 8,000 businesses renew DBKL licences in two months — Hannah

Kuala Lumpur Kepong Bhd (KLK) said its wholly‑owned Indonesian unit, PT Perindustrian Sawit Synergi (PT PSS), has received the arbitral award in a dispute involving the termination of a gas supply agreement.

KLK says arbitral award received in gas supply dispute in Indonesia, won't have material impact on earnings

Malaysia is exploring cooperation with Embraer Defense & Security of Brazil to join the company's regional and global supply chain.

Defence Minister Datuk Seri Mohamed Khaled Nordin said the matter was discussed during a courtesy call by the company’s chief commercial officer, Frederico Lemos, at Wisma Pertahanan on Friday.

Malaysia explores opportunities to join Embraer aerospace supply chain

Construction of the Malaysian Maritime Enforcement Agency’s (MMEA) Multi-Purpose Mission Ship 1 (MPMS 1) is progressing smoothly and ahead of schedule, with the vessel expected to begin its voyage home in late January next year.

Multi-Purpose Mission Ship 1 construction ahead of schedule, voyage home in January

Builder Inta Bina Bhd (KL:INTA) has launched its second property development project — a 499-unit serviced apartment project — in Bukit Jelutong, Shah Alam, with a projected gross development value of RM290.96 million.

Inta Bina undertakes RM291m serviced apartment project in Bukit Jelutong

SEPANG (Oct 2): The Sepang International Circuit (SIC) has become a showcase of Bahrain's prowess at staging world-class sporting events, as evident in the preparations for the hosting of the Formula 1 Gulf Air Bahrain Grand Prix in Malaysia which took less than 10 weeks to be completed.

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Sepang a showcase of Bahrain's prowess at staging world-class events

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has expressed his appreciation to outgoing Chinese Ambassador to Malaysia Ouyang Yujing for his commitment to strengthening bilateral ties during his tenure.

Ahmad Zahid, who is also Rural and Regional Development Minister, said Ouyang's commitment included continuous efforts to enhance cooperation between the governments, business sectors and people of both countries.

Ahmad Zahid thanks outgoing Chinese envoy Ouyang Yujing for strengthening bilateral ties

The prime minister’s pre-Budget 2027 remarks have put practical support for smallholders and agro-commodity businesses in the spotlight. The government is considering RM425.65 million for agro-commodity initiatives, including RM280.03 million for oil palm smallholder replanting, RM100 million for farm roads, RM28.57 million for disaster and disease control, and RM17.05 million for downstream agro-commodity entrepreneurs. These are proposals under consideration, not confirmed Budget allocations.

Opinion: Budgeting beyond the harvest

Seal Incorporated Bhd (KL:SEAL) non-interested shareholders are advised to vote in favour of providing associate company MSR Green Energy Sdn Bhd (MSRGE) a corporate guarantee of RM58.72 million to help it complete several solar projects.

Seal Inc shareholders advised to back RM58.7m corporate guarantee for associate firm

The SME Association of Malaysia (SMEAM) and Malaysia Retail Chain Association (MRCA) have stressed the need for stronger enforcement of e-commerce and product regulations as the government prepares to revise the country’s e-commerce law, amid concerns over the influx of low-priced products through online cross-border e-commerce platforms.

SME, retail groups call for stronger enforcement amid revision of E-Commerce Act

Fixing medical cost inflation: Change the rules, change the behaviour

The international percussion festival returns to gather five nations around the same rhythm.

Hands Percussion takes over Sunway Square with ‘Kaleidoscope VIII: Infinite Beats’

The city's foremost luxury watch fair returned for its 12th edition at Pavilion Kuala Lumpur.

Art of Time reinforces Swiss Watch’s commitment to creativity and innovation in horology

Faye Lim is broadening her family’s business into a platform for cultural documentation.

Canvas Art is chronicling our Malaysian history through photo restoration

Set against the limestone grandeur and greenery of the forest reserve in Rawang, the club is his answer to the country’s predictable wellness template.

Joewel Lee’s Takun Retreat club in Templer Park is built around sports and recovery

In conjunction with World Heart Day, he shares how the organisation is assisting patients in securing treatment.

CVSKL Foundation chairman Tan Sri Rashpal Singh Randhay highlights the changing face of heart disease

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

China continues to deepen its ties with Asean through closer capital market collaborations, industrial ecosystem and cross-border investment channels, including the launch of the first Belt and Road exchange-traded fund (ETF), said Wang Sheng, chairman of China Galaxy Securities Co Ltd (CGS).

China-Asean ties move beyond trade into capital markets

During the California gold rush of the 1850s, many prospectors dreamt of striking it rich by finding gold. Yet some of the most consistent fortunes were made not by those digging for gold, but by those selling the picks, shovels and supplies that enabled the boom.

More than a century la...

Pitfalls & Pitch Calls: Risks and opportunities in the AI boom

Asked to describe an entitled child, most of us understandably would describe that child as spoiled, demanding or accustomed to getting everything he or she asks for. Yet, some psychologists are increasingly suggesting that we may be looking at the wrong thing.

Imagine two children who ...

Wealth, by Design: The surprising investment lesson from an entitled child

Ray Farris, chief economist at Prudential PLC (UK) and Eastspring Investments (Singapore) Ltd, sees further upside in Asian equities as US hyperscalers pour money into artificial intelligence (AI) infrastructure. He says, however, that investors should favour selected markets and companies over b...

Event: Selective opportunities in Asia’s US$3.7 tril AI boom

Malaysian investors may soon be able to trade Hong Kong exchange-traded funds (ETFs) and real estate investment trusts ­(REITs) on the local bourse in ringgit, without currency conversion, and in board lots of 100 units. They may also be able to participate in the initial public offerings (IPOs) ...

Cover Story: New playbook on Hong Kong

Hive Ventures has set its sights on two Malaysian start-ups — one in fintech and the other in supply chain management — as it expects to close at least four new deals across Southeast Asia by year-end.

The investments form part of the venture capital firm’s bet on artificial intelligenc...

Venture Capital: Taiwan-based Hive Ventures targeting third and fourth deals in Malaysia

CoKeeps, one of the three digital asset custodians licensed by the Securities Commission Malaysia (SC), has been quietly expanding its business and product suites over the past 2½ years with fresh funding from investors.

In an interview with Wealth, its CEO Suhanna Husein says the firm ...

Digital Asset: CoKeeps positioning for data sovereignty

The income fund trend stretched into mid-August, with six new funds launched between July 17 and Aug 12, according to the Federation of Investment Managers Malaysia (FIMM).

The six funds were PMB Shariah Stable Distribution Income, AHAM AIIMAN Global Thematic Mixed Asset, Opus Life Sett...

Funds: Only six funds launched between mid-July and mid-August

While Grab and Gojek continue to dominate the urban e-hailing and on-demand delivery market, Haloje Delivery has stepped in to meet the needs of underserved communities in the suburban and semi-urban areas.

Haloje founder and director Jalluddin Abu Hassan conceived the idea in 2019 afte...

TheWall: Delivery and e-hailing platform Haloje aims to raise RM2 mil for expansion

THE government will have to find more fiscal space without slapping on new taxes under Budget 2027. High energy prices are eating into some of the savings from subsidy reforms even as Putrajaya wants to cushion households, invest for growth and continue narrowing the fiscal deficit.

Cover Story 1: Experts expect Putrajaya to sweat existing tax system 

PRIME Minister Datuk Seri Anwar Ibrahim heads into the Budget 2027 announcement facing an unusual combination of pressures — the broader economy continues to grow and the fiscal deficit is steadily narrowing, but the government’s balance sheet has less room to absorb another shock given the incre...

Cover Story 1 | Budget 2027: Narrowing room to manoeuvre

The government reintroduced the sales tax and service tax, collectively known as SST, on Sept 1, 2018. It replaced the goods and services tax (GST), which had been in place since April 2015. At the time, GST was seen as too broad-based and burdensome for ordinary Malaysians. Some businesses also ...

My Say: Hybrid SST: Malaysia’s next tax turning point

THIS past week, the artificial intelligence (AI) freakout went mainstream. It is now appropriate to talk about doom and gloom and warn about an impending AI apocalypse. Fear-mongering headlines like “Will AI kill us all?”, or variations of it, were among the most popular. Some headline writers he...

Tech: Is it time to flip the AI kill switch?

AS workers of the 21st century, we are fortunate to enjoy the convenience that artificial intelligence (AI) brings. With just a question — even if poorly phrased or riddled with typos — ChatGPT can provide an answer within seconds. With Claude’s assistance, tasks such as extracting and tabulating...

Cover Story: Big Money | Taking charge of our critical thinking

MALAYSIA’s economy grew 6% year on year in the second quarter of 2026, its second-fastest pace of growth in three years and well above the 4.4% recorded in 2019, before the Covid-19 pandemic.

The quarterly figure puts Malaysia among the fastest-growing economies in the region, outpacing...

Cover Story: AI may boost productivity, but what about workers’ share?

FOR engineering outfit owner John, using artificial intelligence (AI) in his work has been a game changer. He “trains” the AI to write codes in the company’s style and now merely checks to ensure that the codes are written correctly.

“I use AI to write more routine codes and it has help...

Cover Story: How the AI tidal wave is reshaping the jobs market

The release of the Pre-Budget Statement 2027 was a welcome and encouraging development. It reflects the government’s continued commitment to transparency, accountability and stakeholder engagement in shaping the nation’s fiscal priorities.

The key themes outlined in the statement, inclu...

My Say: Budget 2027: Balancing fiscal responsibility with social support

Saudi Arabia is planning an offensive against Iran-backed Houthi militants in Yemen, with options being considered including a coastal push to secure the Red Sea shipping route or an assault on multiple fronts, regional and Western officials told Reuters.

The operation, expected to be launched in the coming weeks, will by led by Yemeni forces on the ground, which are overseen by Riyadh, and supported by Saudi air strikes, according to six people with knowledge of the preparations.

Saudis plan assault on Houthis to break Red Sea chokehold

Paramount Skydance CEO David Ellison on Friday said upon closing the company's merger with Warner Bros Discovery, the combined entity will be called Skydance.

David Ellison says combined Paramount and Warner Bros Discovery will be named Skydance

New orders for US factory goods barely rose in August as strong demand for electrical equipment, appliances and components was offset by weakness in commercial aircraft orders.

US factory orders increase slightly in August

US Treasury yields lost ground on Friday after the nonfarm payrolls report showed that the economy added fewer-than-expected jobs in September.

The US economy added 29,000 jobs in September compared with expectations for 90,000, according to the Labor Department's closely watched employment report. It reported a September unemployment rate of 4.2%, which was above economist expectations for 4.1%. Job growth for August was revised down to 133,000 from a previously reported 162,000 surge.

US yields fall as jobs growth slows in September

Tesla beat Wall Street estimates for third-quarter deliveries on Friday, as a demand rebound in Europe offset the loss of US tax incentives and stiffer competition in China.

Tesla quarterly deliveries beat as Europe demand recovers

President Donald Trump said on Friday that a US trade deal with South Korea now includes US$8.4 billion for an oil recovery project.

"The Republic of Korea Deal keeps getting BETTER! 8.4 Billion Dollars for an enhanced Oil Recovery Project. Producing more Oil and Gas means American Energy Dominance and Energy Security in the World for the Future!" Trump wrote on Truth Social.

Trump says US deal with South Korea includes US$8.4 billion for oil recovery

US job growth slowed more than expected in September, but that likely does not signal a material shift in the labour market, with the weakness likely related to a calendar quirk.

Nonfarm payrolls increased by 29,000 jobs last month after a downwardly revised 133,000 rise in August, the Labor Department's closely watched employment report showed on Friday. Economists polled by Reuters had forecast payrolls advancing 90,000 after a previously reported 162,000 surge in August.

US job growth slows sharply in September; unemployment rate rises to 4.2%

A weekly round-up of tanker and dry bulk market (Oct 2, 2026)

Baltic Exchange shipping updates: Oct 2, 2026

China's antitrust regulator has asked Anglo American to commit to supply the country with a steady flow of copper concentrate as a condition for approving its proposed US$54 billion merger with Canada's Teck Resources, three people aware of the development said.

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