A wave of third-generation members of the founding Yeoh family has been appointed to the boards of three YTL group listed entities, mostly as alternate directors to their parents, in what appears to be a concerted move to prepare the next generation for leadership succession.

Wave of third-gen Yeoh family members join boards of YTL listed entities

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

HE Group, Eco World, MNRB, Zetrix AI, UUE, IOI Properties, IHH Healthcare, MyNews, Superlon, Infomina, Ajinomoto Malaysia, Inta Bina

United Malacca Bhd (KL:UMCCA) posted a 15.8% decline in first-quarter net profit, with weaker contributions from its Malaysian operations partially offset by stronger performance in Indonesia.

United Malacca 1Q net profit slips on weaker Malaysia operations, partially offset by Indonesia gains

Wall Street's main indices dropped on Thursday as uncertainty over prospects for a resolution to the Middle East conflict lifted oil prices and Treasury yields, keeping risk appetite in check ahead of a keenly watched US-China summit.

Wall Street slips as Middle East uncertainty lifts oil; Trump-Xi talks in focus

Paramount Skydance said on Thursday it has launched a syndication for a proposed US$7.5 billion (RM30.6 billion) senior secured term loan, part of a broader financing package to fund its acquisition of Warner Bros Discovery.

Paramount seeks US$7.5b debt raise to fund Warner Bros deal

The shares of cybersecurity companies have soared in recent months on bets that the threats posed by cutting-edge AI models will be a boon for their businesses. But some of the stocks have run up so much that investors are questioning whether they’ve gone too far.

Cybersecurity stocks are so hot, investors question staying power

Steel manufacturer Hiap Teck Venture Bhd (KL:HIAPTEK) reported a 2.25% rise in net profit for the fourth quarter due to better margins even as revenue slipped on lower sales and average steel product prices.

Hiap Teck 4Q net profit edges up 2.3% despite weaker revenue, declares 0.7 sen dividend

European Central Bank board member Isabel Schnabel is set to announce her resignation on Thursday to join the International Monetary Fund, two sources told Reuters, kicking off a lengthy reshuffle of the bank's most important board positions.

ECB's Schnabel to quit, setting in motion a board reshuffle — Reuters

Zetrix AI Bhd (KL:ZETRIX) said a calculation error caused the additional delay in paying out its final dividend, as it grapples with the injunction secured by a substantial shareholder to freeze payments to certain disputed accounts.

Zetrix AI says calculation error behind further delay in dividend payout

Singapore’s major financial institutions pledged to train more than 80,000 local employees in artificial intelligence (AI) skills as the country moves to cushion white-collar workers from potential job disruption.

Singapore’s finance firms to train 80,000 staff in AI skills, says deputy PM

Qualcomm Inc said it has renewed its global licensing pact with Apple Inc, effective in April 2027, ensuring the iPhone maker will remain a key customer in the near term.

Qualcomm renews licensing pact with Apple starting in 2027

Oracle Corp is moving to shield itself from racking up expenses on a massive data centre being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks.

Oracle cites ‘force majeure’ to shield itself on controversial data centre — Bloomberg

Two top Democrats in the US Senate launched a report on Thursday saying that oil and gas companies were rewarded with tax breaks, subsidies and rollbacks of environmental regulation after then-candidate Donald Trump asked them for US$1 billion (RM4.09 billion) in donations during the 2024 campaign.

Trump rolled back regulations for oil company campaign donors, Democrats say

The High Court on Thursday fixed Oct 23 to rule on a shipping company's bid to restrain RHB Bank Bhd (LK:RHBBANK) from closing two of its long-standing accounts, pending the disposal of its full suit.

Oct 23 ruling on bid to restrain RHB from closing Maritime Network's accounts

YOUR DAY AHEAD: Sept 25, 2026

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

YOUR DAY AHEAD: Sept 25, 2026 

Asian bonds and stocks were set for further losses Friday as elevated oil prices fueled inflation concerns, driving long-term Treasury yields to multi-decade highs and raising the prospect of further Federal Reserve rate hikes.

Asian bonds, stocks to fall as oil fans inflation

Oil steadied as US and Iranian negotiators were said to be exploring a phased deal that would see Tehran reopen the Strait of Hormuz. West Texas Intermediate for November was little changed above US$94 a barrel, after gaining almost 3% on Thursday, while Brent settled above US$106.

Oil steadies with the US, Iran said to be exploring phased deal

A renewed episode of bond volatility left traders reluctant to make riskier bets, with stocks wavering on worries that elevated oil prices will fuel inflation and force the Federal Reserve to lift rates. As the selloff in bonds deepened, 30-year yields hit the highest since 2004.

Stocks waver as oil rally triggers bond volatility

The Madani government is finalising follow-up measures to address the concerns of local micro, small and medium enterprises (MSMEs) affected by competition from foreign e-commerce platforms, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt to address MSME concerns over foreign e-commerce competition, says PM 

The sacking of the Negeri Sembilan executive council has been published in the state government gazette, formalising the state ruler's Monday announcement even as the 10-member body and the menteri besar insist removing them is unconstitutional.

Sacking of Negeri Sembilan exco gazetted

Zetrix AI Bhd (KL:ZETRIX) said a calculation error caused the additional delay in paying out its final dividend, as it grapples with the injunction secured by a substantial shareholder to freeze payments to certain disputed accounts.

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

The sacking of the Negeri Sembilan executive council has been published in the state government gazette, formalising the state ruler's Monday announcement even as the 10-member body and the menteri besar insist removing them is unconstitutional.

Superlon Holdings Bhd (KL:SUPERLN) reported its highest quarterly net profit in a decade as &nbsp;revenue hit a record on higher contribution from its manufacturing division and better margins. 
&nbsp;

Superlon posts decade-high quarterly profit on record revenue, appoints new CEO 

Inta Bina Group Bhd (KL:INTA) said on Thursday it has secured a RM221.08 million contract to undertake the main building works for an apartment and office development in Klang. 
&nbsp;

Inta Bina bags RM221 mil construction contract in Klang from Mitraland

Steel manufacturer Hiap Teck Venture Bhd (KL:HIAPTEK) reported a 2.25% rise in net profit for the fourth quarter due to better margins even as revenue slipped on lower sales and average steel product prices.

Singapore’s major financial institutions pledged to train more than 80,000 local employees in artificial intelligence (AI) skills as the country moves to cushion white-collar workers from potential job disruption.&nbsp;

The High Court on Thursday fixed Oct 23 to rule on a shipping company's bid to restrain RHB Bank Bhd (LK:RHBBANK) from closing two of its long-standing accounts, pending the disposal of its full suit.

Infomina Bhd (KL:INFOM) said on Thursday that it accepted a RM63 million contract to provide technology refresh supply and maintenance to a financial institution.

Infomina bags RM63 mil contract to provide tech refresh, maintenance for financial institution

A wave of third-generation members of the founding Yeoh family has been appointed to the boards of three YTL group listed entities, mostly as alternate directors to their parents, in what appears to be a concerted move to prepare the next generation for leadership succession.

Oracle Corp is moving to shield itself from racking up expenses on a massive data centre being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks.

Iranian flights to Gulf neighbours including travel hub Dubai appeared to have been cancelled on Thursday after a US deadline passed for global firms to halt work with Iran's airlines, a major step in a campaign President Donald Trump calls "economic D-Day".

Iranian flights cancelled as new US 'D-Day' sanctions take effect, Saudis say they shoot down Houthi missiles

UDA Holdings Bhd (UDA) has identified four to five of its older properties nationwide for revitalisation through redevelopment and reactivation efforts. 
&nbsp;

UDA identifies up to five assets nationwide for revitalisation — Sim

The Madani government is finalising follow-up measures to address the concerns of local micro, small and medium enterprises (MSMEs) affected by competition from foreign e-commerce platforms, said Prime Minister Datuk Seri Anwar Ibrahim.

Wall Street's main indices dropped on Thursday as uncertainty over prospects for a resolution to the Middle East conflict lifted oil prices and Treasury yields, keeping risk appetite in check ahead of a keenly watched US-China summit.

United Malacca Bhd (KL:UMCCA) posted a 15.8% decline in first-quarter net profit, with weaker contributions from its Malaysian operations partially offset by stronger performance in Indonesia.

New claims for US unemployment benefits hovered near 57-year lows last week, suggesting the labour market was regaining momentum after struggling through much of summer and appeared for now to be weathering headwinds from the Middle East conflict.

US weekly jobless claims near 57-year lows as labour market regains footing

The US current account deficit widened sharply in the second quarter amid a surge in imports of goods, government data showed on Thursday.

US current account deficit widens sharply in second quarter

Asian bonds and stocks were set for further losses Friday as elevated oil prices fueled inflation concerns, driving long-term Treasury yields to multi-decade highs and raising the prospect of further Federal Reserve rate hikes.

Sales of new US single-family homes surged to an eight-month high in August as buyers took advantage of price cuts and other incentives, but rising mortgage rates stemming from the war in the Middle East remain a drag on the housing market.

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