<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 9): WCE Holdings Bhd has named its chief financial officer Lyndon Alfred Felix as the highway construction group’s new chief executive officer (CEO), effective Feb 17. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Lyndon will replace Datuk Neoh Soon Hiong, who will retire as the group's CEO effective Feb 16, after fulfilling his service contract.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>“In view of Felix's appointment as the CEO of the company, he will no longer hold the position of chief financial officer,” WCE said in a bourse filing.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The group said Sisie Lim Shee Shee will be appointed as the general manager of finance and accounts with effect from Feb 17.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>According to WCE’s 2021 annual report, Lyndon was appointed as the group’s chief financial officer on Feb 17, 2014. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Shares of WCE settled up half a sen or 1.72% at 29.5 sen on Wednesday (Feb 9), valuing the group at RM881.37 million. The counter saw some 758,600 shares exchanging hands.</p></div>


KUALA LUMPUR (Feb 9): WCE Holdings Bhd has named its chief financial officer Lyndon Alfred Felix as the highway construction group’s new chief executive officer (CEO), effective Feb 17.

WCE’s CFO Lyndon Alfred Felix to take over as CEO

TOKYO (Nov 5): Bank of Japan (BOJ) policymakers saw the need to keep raising interest rates with some signalling the chance of faster-paced increases, minutes of their September meeting showed, bolstering the case for another hike as soon as December.

BOJ debated need for more rate hikes, scope for faster moves, September minutes show

Asian chipmaking shares fell on Thursday as investors rotated away from the sector after the Democratic sweep in the US midterm election fuelled concern about greater regulation. Treasuries gained.

Asian chip shares drop after US vote, bonds rise

KUALA LUMPUR (Nov 5): 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

Gold prices rose in early Asian trade on Thursday after posting their biggest daily gain since mid-August in the previous session, buoyed by a weaker dollar, while investors awaited this week's non-farm payrolls report for clues on the US Federal Reserve's (Fed) policy outlook.

Gold rises after biggest daily gain since August, with US payrolls in focus

NAPA, California (Nov 4): OpenAI president Greg Brockman said on Wednesday that the company now generates the majority of its revenue from enterprise sales and he believes it will be ready to go public in 2027.

OpenAI, ready to IPO in 2027, now counts majority of sales from enterprises, Brockman says

Brent oil pushed lower on Thursday after tumbling more than 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the war in the Middle East.

Oil extends slide after plunging 8% on hopes to end US-Iran war

(Nov 5): UK consumers are spending over £1 billion (US$1.4 billion) a year on artificial intelligence subscriptions, with Anthropic eating into OpenAI’s lead, research showed on Thursday.

Claude lowers ChatGPT’s lead in US$1.4 bil UK consumer AI market

MANILA (Nov 5): Philippine annual inflation accelerated to its highest level since 2023 in October, driven by higher transport and utility costs, strengthening the case for more policy tightening after the central bank's larger-than-expected rate hike last month.

Philippine inflation hits more than three-year high of 7.8% in October

For more than three decades, organisations have pursued competitive advantage by investing in technology. They digitised operations, modernised infrastructure, migrated to the cloud, automated workflows, and more recently, embraced artificial intelligence.

The AI Economy Demands a New Discipline: Enterprise Capability Architecture

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.

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

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday</p>


Sunway Construction, Paramount Corporation, Country Heights, Sapura Industrial, Binastra Corporation, Public Bank, Ancom Nylex, Velesto Energy, Waja Konsortium, Ni Hsin, IOI Corporation, Ho Hup Construction, Kee Ming 

<p>US stocks rose on Wednesday as investors bet a divided Washington after the Democrats' midterm sweep could limit sharp policy shifts, though data centre stocks were under pressure as concerns over tighter artificial intelligence (AI) regulation weighed.</p>


Wall Street rallies after Democrats win Congress; data centre stocks slide

<p>Asian chipmaking shares fell on Thursday as investors rotated away from the sector after the Democratic sweep in the US midterm election fuelled concern about greater regulation. Treasuries gained.</p>


<p>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.</p>


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

<p>Ancom Nylex Bhd (KL:ANCOMNY) has called off its proposed RM77.04 million disposal of up to a 50% stake in Maxlive Sdn Bhd to Thailand's Topnext International Company Ltd after both parties failed to agree on certain terms of the deal.</p>


Ancom Nylex scraps RM77m stake sale to Thai chemical distributor

<p>(Nov 5):&nbsp;The US government borrowed a record US$839 billion in a single week via its sales of Treasury bills and notes — both to repay holders of maturing debt and to raise the additional capital needed to finance the federal deficit.</p>

<p>Auctions of bills, floating-rate notes and Trea...

US Treasury borrows record US$839 bil in single week

<p>Brent oil pushed lower on Thursday after tumbling more than 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the war in the Middle East.</p>


<p>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.</p>


<p>Ho Hup Construction Company Bhd (KL:HOHUP) has secured another six-month extension from Bursa Malaysia to submit its regularisation plan, pushing the deadline to April 16, 2027.</p>


Ho Hup gets another six months to submit regularisation plan, deadline now April 2027

<p>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.</p>


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

<p>Here's a heads up on what to look out for today.</p>


YOUR DAY AHEAD: Nov 5, 2026 

<p>The Chiong family has strengthened its representation on the board of oil palm plantation owner and miller Kretam Holdings Bhd (KL:KRETAM), following a series of board appointments and committee changes.</p>


Kretam sees board changes as Chiong family strengthens presence

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

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

<p>(Nov 4):&nbsp;As Republicans suffered a landslide defeat and Texas elected its first Democratic governor in more than three decades, one of the biggest losers of the US midterms was not on the ballot: billionaire Elon Musk.</p>

<p>The world's richest man spent nearly half a billion ​dollars to...

Elon Musk's business empire braces for Democratic wave as Texas flips blue

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


HP names former GSK chief Emma Walmsley as CEO

<p>(Nov 5):&nbsp;Apple Inc. is reducing employee budgets for artificial intelligence usage as part of a cost-cutting effort, even as the company seeks to put AI at the center of its operations.</p>

<p>Last month, Apple quietly lowered the daily spending cap for some engineers using AI models to $...

Apple cuts internal AI usage budgets in move to reduce spending

<p>A Democratic sweep of Congress that highlighted opposition of the Iran war extended this week’s plunge in oil prices, helping drive stocks and bonds to big post-election gains.</p>


Stocks, bonds climb after US election as oil sinks

<p>SINGAPORE (Nov 5): DBS Group Holdings has reported net profit of S$2.8 billion for its 3QFY2026, down 5% year-on-year, on the back of a 1% dip in its total income to S$5.845 billion. Compared to the preceding 2QFY2026, net profit was down 9%.</p>


DBS 3QFY2026 net profit down 5% y-o-y on 'unfavourable' equity trading conditions

<p>US services sector growth slowed marginally in October amid a moderation in new orders, but supply chains remained strained, keeping prices for inputs elevated.</p>


US services sector activity cools slightly in October; inflation remains elevated

<p>CVS Health said on Wednesday it will split in two, separating its retail pharmacies from the Aetna insurance business and pharmacy-benefit operations in a major unwinding of the US$117 billion (RM475.6 billion) healthcare conglomerate it spent years building.</p>
