Apple will use organic light-emitting diode (OLED) displays for all iPhone models sold in 2025 and later, moving entirely away from liquid crystal displays (LCDs), Japan's Nikkei newspaper reported on Tuesday, citing unnamed sources.

Apple to switch to OLED displays for all upcoming iPhones from 2025 — report

Millions of people were told to evacuate from their homes as Typhoon Shanshan lashed southwest Japan with strong winds and heavy rain on Thursday, knocking out power, snarling air traffic and forcing major factories to close.

Millions evacuated as typhoon slams Japan's Kyushu, halting flights and factories

Toyota Motor chairman Akio Toyoda said he may not be re-elected as a director if shareholder support for him continues to fall at the pace it did this year, according to an interview published on Monday.

Shareholder backing for Toyoda slid to 72% in the company's annual general meeting last month, following proxy advisers' recommendations to vote against his re-election. That compares to the support of 85% in 2023.

Toyota chairman warns he may lose board spot if investor support continues to fall

Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than eight million vehicles, the Nikkei newspaper said on Sunday.

Mitsubishi Motors to join Honda-Nissan alliance — report

Any hopes that a flood of coffee exports from Asia’s major growers would take the heat out of a blistering rally that’s pushed robusta prices to the highest since the 1970s are fading fast.

Soggy Asia coffee crop means world’s caffeine fix to stay pricey

A roaring rally in US stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings test in coming weeks as investors navigate one of the most volatile periods of the year for equity markets.

Investor focus turns to data, election, earnings after Fed cut

World stocks hovered near record highs on Friday, underpinned by a big interest rate cut from the Federal Reserve earlier this week, while the yen eased after Bank of Japan governor Kazuo Ueda tempered expectations around imminent rate hikes.

Wall Street dips after rate cut rally, dollar firms

Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a US interest rate cut and a dip in US supply.

Oil ends week higher as investors take stock of Fed rate cuts

US stocks closed nearly unchanged on Friday, as investors paused buying after a strong rally in the prior session that was fuelled by an upsized interest-rate cut by the Federal Reserve (Fed), while Nike's gains helped nudge the Dow to a record.

Equities end flat but Dow ekes out record in strong week

The spectacular performance of Malaysian equities thus far this year in response to major developments locally and abroad may well be a prelude to even better days to follow, should the projections of fund managers and heads of research hold true.

Four factors investors should watch in 4Q

Prime Minister Datuk Seri Anwar Ibrahim challenged the Opposition to file a motion for a vote of no-confidence against him at the Dewan Rakyat session this October.

Anwar challenges Opposition to file no-confidence vote in Parliament

The European Central Bank (ECB) must think hard about how it deals with risks and uncertainty in an era of more-volatile inflation and less clarity about monetary-policy transmission, President Christine Lagarde said.

ECB must prepare for more-volatile inflation era, says Lagarde 

The overdue salaries of employees at a Ninja Van Vietnamese unit ECRM Nobita have been processed and will be paid, according to Ninja Van.

On Friday, the Straits Times reported that ECRM Nobita’s operations had been halted, as it seeks to settle matters over delayed salary and social insurance payments to employees.

Ninja Van: Overdue salaries at halted Vietnam unit will be paid

Digital investment totalling RM185.3 billion had been approved from 2021 to June 2024, including projects from leading companies such as Nvidia Corp and Amazon Web Services, Prime Minister Datuk Seri Anwar Ibrahim said.

RM185.3b in digital investments greenlit from 2021 to June 2024 — Anwar 

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

TNB, Top Glove, Sunzen Biotech, NCT Alliance

Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.

Three major Chinese heavy industry firms set to establish operations in Labuan

The spectacular performance of Malaysian equities thus far this year in response to major developments locally and abroad may well be a prelude to even better days to follow, should the projections of fund managers and heads of research hold true.

Prime Minister Datuk Seri Anwar Ibrahim challenged the Opposition to file a motion for a vote of no-confidence against him at the Dewan Rakyat session this October.

US stocks closed nearly unchanged on Friday, as investors paused buying after a strong rally in the prior session that was fuelled by an upsized interest-rate cut by the Federal Reserve (Fed), while Nike's gains helped nudge the Dow to a record.

Digital investment totalling RM185.3 billion had been approved from 2021 to June 2024, including projects from leading companies such as Nvidia Corp and Amazon Web Services, Prime Minister Datuk Seri Anwar Ibrahim said.

The overdue salaries of employees at a Ninja Van Vietnamese unit ECRM Nobita have been processed and will be paid, according to Ninja Van.

On Friday, the Straits Times reported that ECRM Nobita’s operations had been halted, as it seeks to settle matters over delayed salary and social insurance payments to employees.

The Negeri Sembilan government hopes that the religious authorities at federal level will make a clear ruling on all matters related to Global Ikhwan Service and Business Holdings (GISBH) Sdn Bhd.

Negeri Sembilan wants clear ruling on GISBH — Aminuddin

The owner of the shuttered Three Mile Island nuclear plant in Pennsylvania will invest US$1.6 billion (RM6.76 billion) to revive it, agreeing to sell all the output to Microsoft Corp as the tech titan seeks carbon-free electricity for data centres to power the artificial intelligence (AI) boom.

Microsoft AI needs so much power it's restarting Three Mile Island nuclear plant

Johnson &amp; Johnson (J&amp;J) has boosted to more than US$8.2 billion (RM34.63 billion) its offer to settle thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter.

J&J lifts baby powder settlement bid to more than US$8.2 bil

The European Central Bank (ECB) must think hard about how it deals with risks and uncertainty in an era of more-volatile inflation and less clarity about monetary-policy transmission, President Christine Lagarde said.

The Ministry of National Unity supports the resolution made at the National History and Unity Convention 2024 in finding the best methods to deal with unity-related issues and challenges in the country.

Unity ministry backs resolution of National History and Unity Convention

A roaring rally in US stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings test in coming weeks as investors navigate one of the most volatile periods of the year for equity markets.

Any hopes that a flood of coffee exports from Asia’s major growers would take the heat out of a blistering rally that’s pushed robusta prices to the highest since the 1970s are fading fast.

Kiyoshi Takenaka

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Kiyoshi Takenaka

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