Malaysia is leaning towards relying on Huawei Technologies Co’s artificial intelligence (AI) chips to power its sovereign AI efforts, in what would be a major victory for Chinese AI technology in the face of strong opposition from US President Donald Trump’s administration.

Malaysia eyes Huawei chips for AI project despite US warning — Bloomberg

Prime Minister Andy Burnham said the UK has left itself “overexposed” to global bond markets as he defended controversial comments made last year that alarmed investors.

Burnham stands by remarks that UK is in hock to bond markets

The United Nations (UN) selected six countries across Africa and Asia to receive support aimed at helping them extract more value from their critical-mineral deposits seen as crucial to the global energy transition.

UN to help six nations get more value from critical minerals, including Indonesia

US Energy Secretary Chris Wright on Wednesday said a US ban on diesel exports would not work and could push up gasoline and jet fuel prices, putting him at odds with President Donald Trump, who is backing the idea.

US Energy Secretary Wright says diesel export ban 'definitely doesn't work'

US crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday.

US crude stocks rise, gasoline and distillate inventories fall — EIA

Wall Street's main indices fell on Wednesday, as crude oil prices resumed their uptrend and bond yields gained, while investors awaited a breakthrough in talks to end the Middle East conflict ahead of the high-stakes US-China summit.

Wall St falls as oil ticks up, yields rise ahead of US-China summit

Sunway Construction Group Bhd (KL:SUNCON) was crowned Company of the Year (COY) at The Edge Billion Ringgit Club (BRC) Awards 2026, the financial publication's flagship event to honour the best of Malaysia's listed companies.

Sunway Construction crowned Company of the Year at The Edge BRC awards, PETRONAS honoured for nation building    

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

Tenaga, CTOS, Carimin, YTL Power, Aneka Jaringan, Destini, Rimbunan Sawit, PRG, LB Aluminium, Gold Li

US business activity raced to a more than five-year high in September, fueled by a surge in new orders, though strong demand strained supply chains and pushed prices higher.

US business activity at more than five-year high; inflation pressures building

More than 160 civil society organisations released a joint statement on Wednesday urging Malaysia to halt plans to deport Rohingya refugees to Myanmar, citing severe risks of ongoing violence and forced conscription.

Civil society groups urge Malaysia to stop deporting Rohingyas

The first shuttle talks between the United States and Iran for months raised hopes on Wednesday that the adversaries could make progress towards ending the Middle East war, although neither side spelled out any change in its position.

First US-Iran talks in months raise hopes for progress, despite no concessions

Datin Seri Rosmah Mansor must pay RM67.5 million to Lebanese jeweller Global Royalty Trading SAL for more than 40 pieces of jewellery allegedly missing after a 2018 police raid.

Rosmah vows to resist enforcement of RM67.5m deposit order in missing jewellery suit after losing stay appeal

THE present impasse in Negeri Sembilan must begin with one fundamental fact: Tuanku Muhriz ibni Almarhum Tuanku Munawir was duly elected, installed and recognised as the Yang di-Pertuan Besar of Negeri Sembilan.

Opinion: Constitutional legitimacy cannot be displaced without due process

KUALA LUMPUR (Sept 23): EcoSys (Malaysia) Bhd, a Penang-based semiconductor services firm, is offering its shares at 27 sen a piece for its ACE Market listing.

EcoSys offers shares at 27 sen apiece, ACE Market IPO aims to raise over RM39 mil

Pappajack Bhd (KL:PPJACK) jumped 22% on Wednesday to chart a new all-time high since the pawnbroker’s listing in 2022, before paring most of its intra-day gains.

Pappajack pulls back after early 22% surge to new all-time high

Palm oil prices dropped to the lowest since early August as peaking production and flagging demand prompted worries over swollen inventories in the world’s second-biggest grower Malaysia.&nbsp;

Palm oil drops to seven-week low on worries over ample reserves

KUALA LUMPUR (Sept 23): A large majority of developers are delaying property launches in the remaining months of 2026 as rising construction costs squeeze margins and take-up remains soft.

Most developers delaying launches amid margins squeeze, unsold units

CTOS Digital Bhd (KL:CTOS) said on Wednesday that its cybersecurity system recently detected unauthorised access to an environment supporting its consumer business.

CTOS detects cyber breach, limited consumer data accessed

Two directors of a direct sales company pleaded not guilty in the Sessions Court here on Wednesday to two charges relating to a pyramid scheme and a breach of direct sales licence conditions between September 2024 and June last year.

Direct selling company directors charged with promoting pyramid scheme

KUALA LUMPUR (Sept 23): theedgemalaysia.com highlighted no stocks with positive momentum and 10 stocks with negative momentum at Bursa Malaysia's afternoon close on Wednesday.

<h3>The stocks with negative momentum were:</h3>

<ul>
	<li>OCK Group Bhd (KL:OCK) — up two and a half sen or 5...

Stocks with momentum on Sept 23, 2026: OCK, Kinergy, Samaiden, WTEC, Cypark, Skyechip, Bintai Kinden, Chuan Huat, Tek Seng, RGT

ELECTRICAL engineering services firm HE Group Bhd (KL:HEGROUP) expects to set a new record high order book of RM400 million by the end of the current financial year ending Dec 31, 2026 (FY2026) as a beneficiary of the data centre (DC) boom.

<div class="mt-3 imgw-300 embed-right"><a class="...

HE Group rides data centre boom towards RM400 mil order book, seeks recurring income

<a href="https://theedgemalaysia.com/node/819099" target="_blank">https://theedgemalaysia.com/node/819099</a>Prime Minister Datuk Seri Anwar Ibrahim said he will not rush into deciding on DAP secretary general Anthony Loke’s offer to resign as transport minister, saying he wants to hear Loke’s explanation first.

Anwar says won’t rush decision on Loke’s resignation, urges DAP not to bow to external pressure 

(Sept 23):&nbsp;Hong Kong will focus on enhancing its core strengths rather than entering a race to outbid Singapore with generous tax breaks, as the rival Asian finance hubs compete for wealthy investors and global talent, Financial Secretary Paul Chan said.&nbsp;

Hong Kong’s Paul Chan rejects ‘race to bottom’ with Singapore

Malaysia’s retail prices for unsubsidised RON97 and RON95 petrol will rise by 20 sen per litre, while unsubsidised diesel will increase by 15 sen from Thursday (Sept 24) to Sept 30, according to the Finance Ministry.

Unsubsidised fuel prices to rise again from Thursday, petrol up 20 sen and diesel 15 sen

KUALA LUMPUR (Sept 23): Prime Minister Datuk Seri Anwar Ibrahim had on Wednesday settled his 2023 defamation suit against Pendang member of Parliament Datuk Awang Solahuddin Hashim of PAS.

Anwar settles defamation suit against Pendang MP

KUALA LUMPUR (Sept 23): Sushi operator Empire Premium Food Bhd (KL:EMPIRE), which was listed just five months ago, is keeping the door open to future acquisitions in the food and beverage (F&amp;B) sector, backed by its strong balance sheet.

Empire Sushi operator keeps F&B acquisition door open amid expansion push

SHANGHAI (Sept 23): Malaysia underscored its regional leadership in skills development and green workforce readiness at the WorldSkills Shanghai 2026 Conference, reaffirming its long-standing commitment to elevating technical and vocational excellence.

Malaysia champions regional green jobs and technical excellence at Worldskills Shanghai

DAP secretary general Anthony Loke said he remains firm in his decision to resign as transport minister.

Loke says sticking with decision to quit, to hand in resignation letter upon return from China

Domestic tourism continued to grow in the second quarter, with tourism spending rising faster than visitor numbers, according to the Department of Statistics Malaysia.

Domestic tourism spending outpaces visitor growth in 2Q

YTL AI Labs Sdn Bhd, a subsidiary of YTL Power International Bhd (KL:YTLPOWR), announced the creation of a dataset of 1.35 million synthetic personas that will help in the development of artificial intelligence models that suit&nbsp;Malaysia's diversity.

Faris Mokhtar, Mackenzie Hawkins & Niluksi Koswanage

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