There is still no expected operational date for the Light Rail Transit 3 (LRT3) Shah Alam Line, as the project has yet to enter its final fault-free running (FFR) testing phase following the confirmed delay, Transport Minister Anthony Loke Siew Fook said on Wednesday.

No commencement date for LRT3 as final tests yet to begin, says Loke

The My50 public transport pass programme faces a funding shortfall of RM100 million as claims exceeded allocation provided by the Ministry of Finance.

Transport Minister Anthony Loke Siew Fook said the allocation of RM200 million was insufficient to fully cover the cost of subsidising the My50 pass. Despite the financial constraint, the government is committed to the initiative, he said.

Loke: Govt committed to My50 pass despite RM100m funding gap

Malaysia had no choice but to enter negotiations with the US over the recent reciprocal trade agreement, as the discussions were driven by Washington’s unilateral move, and the two sides were not on equal footing, Deputy Investment, Trade and Industry Minister Liew Chin Tong said.

Malaysia 'forced' into US trade talks to protect its exports, says deputy minister

KUALA LUMPUR (Nov 3): The government will announce enhancements to the Budi95 targeted fuel subsidy programme for e-hailing drivers this month, Treasury secretary general Datuk Johan Mahmood Merican said.

E-hailing Budi95 eligibility threshold to be 'improved' by November, says Treasury sec-gen

YOUR DAY AHEAD: Oct 2, 2026

Here's a heads up on what to look out for today.

YOUR DAY AHEAD: Oct 2, 2026 

Asian stocks were poised to fall as oil surged on the prospect of renewed conflict between the US and Iran, reviving concerns about the inflationary impact of higher energy prices. Bonds will be in focus after a rebound in Treasuries.

Asian stocks to fall on oil rally, bonds in focus

President Donald Trump’s top trade adviser said there’s no timeline for cutting tariffs on the US$60 billion of goods recently recommended by the US-China Board of Trade.

Greer says no date set for US-China board of trade tariff cuts

Oil rose a third day on signs the conflict in the Middle East is escalating, threatening to hamper a recovery in energy flows from the region. West Texas Intermediate rose above US$93 a barrel after adding almost 3% in the previous session, while Brent settled around US$102 on Thursday.

Oil extends gain as Middle East conflict threatens to escalate

A rebound in Treasuries brought relief to Wall Street, spurring gains in stocks and overshadowing concerns about inflationary pressures stemming from elevated energy costs.

Stocks rise as yields drop from multi-decade highs

KUALA LUMPUR (Oct 1): GB Bond Holdings Bhd (KL:GBBOND) was barely higher in its ACE Market debut on Thursday before the industrial adhesive maker slipped below the listing price.

GB Bond closes below IPO price on debut, second ACE counter to do so in a week

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

MN Holdings, IOI Properties, Yinson, Tien Wah Press, KKB, Hengyuan, Hextar Capital, Globaltec 

IOI Properties Group Bhd (KL:IOIPG) has agreed to acquire Shenton 101 Pte Ltd, which owns Singapore's Shenton House, from its group chief executive officer and major shareholder Datuk Lee Yeow Seng for a nominal S$1.00.

IOI Properties now agrees to buy Shenton House from group CEO for S$1 and settle S$217m advance

Global bond markets are still functioning in an orderly fashion, the International Monetary Fund said on Thursday, following the recent sharp rise in yields that has driven world borrowing costs to their highest levels in decades.

Bond markets functioning in orderly manner, IMF says

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

IOI Properties Group Bhd (KL:IOIPG) chief executive officer and major shareholder Datuk Lee Yeow Seng has accumulated RM87.99 million the property developer's shares via the open market.

IOI Properties CEO accumulated RM88m in company's shares since late August

Two lawsuits filed within days of each other in late July and early August have renewed a question that matters to every investor. When financial statements rest on estimates that could go either way, what does a “clean” audit opinion actually guarantee?

Opinion: When audit opinions meet uncertain numbers

MALAYSIA has seen the weapon. It has not measured the wound. 
&nbsp;

Opinion: They knew our fault lines. We still do not know our voters.

Wall Street's main indices slipped on Thursday as a deepening bond selloff drove Treasury yields to multi-decade highs, outweighing gains in software stocks.

Wall Street dips as surging Treasury yields outweigh software gains

The Trump administration has been taking steps to turn China's dependence on US aviation suppliers into leverage for trade negotiations, according to people familiar with the matter.

US slows aircraft-part exports to China as Trump seeks leverage in trade negotiations — Reuters

Globaltec Formation Bhd (KL:GLOTEC) has announced the redesignation of executive director Chen Heng Mun, 56, as deputy group chief executive officer, with immediate effect.

Globaltec redesignates Chen Heng Mun as deputy group CEO; founder’s son appointed as ED

ARTIFICIAL Intelligence (AI) recommends. The board approves. Liability stays human.&nbsp; 
&nbsp;

Opinion: Directors’ fiduciary duty of care redefined in the age of AI

Asian stocks were poised to fall as oil surged on the prospect of renewed conflict between the US and Iran, reviving concerns about the inflationary impact of higher energy prices. Bonds will be in focus after a rebound in Treasuries. &nbsp;

SK Hynix Inc’s US$26.5 billion (RM108.3 billion) US listing kept the streak of artificial intelligence-related mega-deals going in the third quarter, even as a trio of postponed smaller IPOs cast doubt on the market’s prospects aside from Anthropic PBC’s expected debut. 
&nbsp;

SK Hynix mega-listing maintains US IPO momentum in third quarter

Oil rose a third day on signs the conflict in the Middle East is escalating, threatening to hamper a recovery in energy flows from the region.&nbsp;West Texas Intermediate rose above US$93 a barrel after adding almost 3% in the previous session, while Brent settled around US$102 on Thursday.

Bank of England interest rate-setter Catherine Mann said the central bank made errors in how it framed its policy response to the shock from the Middle East war, and that has pushed up borrowing costs in the UK in ways that should be of no comfort to officials.

Bank of England official says central bank mishandled its first response to Iran shock

Here's a heads up on what to look out for today.

Global bond markets are still functioning in an orderly fashion, the International Monetary Fund said on Thursday, following the recent sharp rise in yields that has driven world borrowing costs to their highest levels in decades.

US manufacturing activity was little changed in September, with prices for inputs surging amid strong demand, pointing to sustained inflation pressures.

US manufacturing steady in September, input prices increase

A rebound in Treasuries brought relief to Wall Street, spurring gains in stocks and overshadowing concerns about inflationary pressures stemming from elevated energy costs.

&nbsp;President Donald Trump’s top trade adviser said there’s no timeline for cutting tariffs on the US$60 billion of goods recently recommended by the US-China Board of Trade.

Emir Zainul & Vincent Lee

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