The government is set to strengthen Malaysia's third sector — comprising groups such as non-governmental organisations, cooperatives and social enterprises — to help the country transition into a high-value, high-growth economy, according to Economy Ministry secretary general Datuk Nor Azmie Diron.

Putrajaya to boost NGOs, social enterprises to help grow economy

Asian stocks were poised to extend their winning streak after chipmakers drove the Nasdaq 100 to its first record since June, while falling oil prices provided a further boost amid hopes for progress toward ending the war with Iran.

Asian stocks set to extend gains as tech rallies

Oil extended losses as the US flagged progress in talks with Iran to end their war, and Saudi Arabia moved to restart a key pipeline. West Texas Intermediate for November fell below US$90 a barrel after losing more than 10% over the previous five days, while Brent settled above US$99

Oil extends slump on Iran talks optimism, Saudi pipeline restart

President Donald Trump and UK Prime Minister Andy Burnham discussed bringing up the detention of Hong Kong tycoon and democracy activist Jimmy Lai when the US leader meets China’s Xi Jinping later this week.

Trump, Burnham discussed bringing up Jimmy Lai with China’s Xi

A renewed rally in chipmakers drove the Nasdaq 100 toward its first record since June, with the stock market also bolstered by hopes for diplomatic efforts to end the war in Iran.

Nasdaq 100 eyes peak, oil falls on US-Iran talks

IHH Healthcare Bhd (KL:IHH) outperformed on Tuesday as Macquarie flagged an improving earnings trajectory across the hospital operator’s portfolio.

IHH Healthcare rises 5% as Macquarie flags strong earnings outlook

Apple Inc is developing a screenless health and fitness tracker similar to Whoop Inc’s wrist-worn device, part of an effort to rethink its smartwatch lineup and add new wearable technologies.

Apple developing new fitness tracker aimed at rivalling Whoop — Bloomberg

The Nasdaq hit an intraday record high on Tuesday, underpinned by gains in heavyweight technology stocks and potential negotiations over the Iran conflict, while declines in big banks limited broader market gains.

Nasdaq hits intraday record high as tech stocks regain footing

The European Union (EU) preliminarily agreed to remove sanctions on two Russian billionaires following pressure from France and Luxembourg, making the concession in order to preserve other penalties before they expire.

EU to exempt two Russian tycoons in sanctions renewal deal — Bloomberg

The Court of Appeal on Tuesday delivered three unanimous rulings in the ongoing marital dispute between Supermax Corp Bhd (KL:SUPERMX) founders Datuk Seri Stanley Thai and his wife Datin Seri Cheryl Tan Bee Geok.

Stanley Thai cleared of contempt as wife succeeds in lifting asset freeze, winding-up ban

US President Donald Trump on Tuesday called for complete economic isolation of Iran, showing no intention to resume talks at the United Nations (UN) General Assembly but saying he believed a deal would be done after the US midterm elections in November.

Trump urges complete isolation of Iran, expects deal after election

A top executive at ASML Holding NV, Europe’s most valuable company, said it isn’t selling any of its chipmaking machines on the continent and that the region risks getting left behind as the US, China and India invest heavily in developing their domestic semiconductor industries.

ASML executive says no chipmaking machines sold in Europe, region risks getting left behind

The Court of Appeal on Tuesday delivered three unanimous rulings in the ongoing marital dispute between Supermax Corp Bhd (KL:SUPERMX) founders Datuk Seri Stanley Thai and his wife Datin Seri Cheryl Tan Bee Geok.

Zetrix AI Bhd (KL:ZETRIX) managing director Wong Thean Soon's stake in the company has now dropped to 11.06% from 11.97% last Friday, as Wong continued to pare his direct and indirect stakes in the company.

TS Wong further trims Zetrix AI stake; investment vehicle exits substantial shareholder list

Cuscapi Bhd (KL:CUSCAPI) has proposed a private placement of up to 94.49 million new shares to raise up to RM4.55 million for working capital, making it the second company linked to businessman Wong Thean Soon, better known as TS Wong, to announce a share placement this week.

Cuscapi seeks RM4.55m via private placement, second TS Wong-linked firm to tap equity market this week

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

Cuscapi, Zetrix AI, Sunway Healthcare, Eco World, SD Guthrie, MMAG, NexG, Country Heights, OGX, Maybulk & Oriental Interest

The Attorney General's Chambers has stated that the Negeri Sembilan state executive council has no legal authority to suspend the duties of the state secretary and state legal adviser.

No legal authority for Negeri Sembilan exco to suspend state secretary, state legal adviser — AGC

Tremors from a weak magnitude 4.4 earthquake that struck the waters off Batu Pahat, Johor, at 4.55pm on Tuesday were felt across four states, as well as Putrajaya and Kuala Lumpur.

Quake off Batu Pahat: Tremors felt across Johor, Melaka, Negeri Sembilan and Klang Valley

All foreign-registered vehicles entering Singapore via land checkpoints must have a valid Vehicle Entry Permit (VEP) beginning Oct 6, 2026, said the Immigration and Checkpoints Authority (ICA).

Foreign-registered vehicles entering Singapore from Oct 6 must have valid VEP

Property developer Oriental Interest Bhd (KL:OIB) has applied to withdraw its draft circular and listing application filed more than a month ago for its proposed RM280 million share‑based related party acquisition that would have marked its entry into the motorcycle financing and retail business.

Oriental Interest applies to withdraw draft circular, listing application for RM280m related party deal to make ‘essential updates’

The Malaysian Bar Council is calling for reforms to the Malaysian Anti-Corruption Commission and for a Royal Commission of Inquiry (RCI) to look into "grave" allegations against graft-busting officers.&nbsp;

Bar Council calls for RCI to look into 'grave' allegations against MACC

A weak 4.4-magnitude earthquake that struck the waters off Batu Pahat, Johor, on Tuesday afternoon startled residents in several areas, with some initially mistaking the brief tremors for vibrations caused by heavy vehicles passing nearby.

Earthquake off Batu Pahat: Residents thought tremors caused by lorries

A Taiwanese minister returned from a rare trip by a senior official to China on Tuesday, saying he was well-treated and not "belittled" while attending a regional Apec meeting though still happy to be home.

Taiwan minister says he was not 'belittled' on rare trip to China

Transportation and logistics group Maybulk Bhd (KL:MAYBULK) has proposed to buy a freehold industrial property in Bandar Bukit Raja, Klang for RM35.5 million cash.

Maybulk to expand into industrial property business with Klang land buy

Cypark Resources Bhd (KL:CYPARK) posted a profit before tax of RM5.7 million for its first quarter ended July 31, 2026 (1QFY2027), compared with a loss before tax of RM17.6 million a year earlier, crediting the turnaround to its existing businesses and development of new sources of earnings.

Cypark returns to profitability in 1Q, powered by existing businesses, new sources of earnings

Malaysia’s economy is projected to grow 4.7% in 2026, supported by technology-related exports and investment as well as robust domestic demand, according to the World Economic Forum (WEF).

Malaysia to grow 4.7% in 2026 as Southeast Asian outlook brightens — World Economic Forum

Glencore plc last month told Mizuho Bank Ltd that it believes Radiant World fraudulently generated email correspondence purporting to show that the Switzerland-based commodities trader planned to pay back the Japanese lender nearly US$100 million (RM407.5&nbsp;million), according to a legal filing obtained by Bloomberg News.

Radiant World sent Mizuho fake Glencore email, court filing says

GB Bond Holdings Bhd announced that its initial public offering (IPO) has been oversubscribed by 8.22 times, ahead of its planned listing on Bursa Malaysia’s ACE Market on Oct 1.

GB Bond reports 8.22 times IPO oversubscription ahead of ACE Market debut

US President Donald Trump on Tuesday called for complete economic isolation of Iran, showing no intention to resume talks at the United Nations (UN) General Assembly but saying he believed a deal would be done after the US midterm elections in November.

The Nasdaq hit an intraday record high on Tuesday, underpinned by gains in heavyweight technology stocks and potential negotiations over the Iran conflict, while declines in big banks limited broader market gains.

Nvidia Corp’s sinking stock valuation is sending a warning signal about the chipmaker’s prospects for maintaining its booming profit growth.

Maryam Kamal & Emir Zainul

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Maryam Kamal & Emir Zainul

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