US coffee chain Starbucks has signed a pact to set up a global capability centre (GCC) in the southern Indian city of Chennai and hire roughly 800 technology professionals, the Tamil Nadu state government said on Monday.

US coffee chain Starbucks plans global tech centre in India

SoftBank Group Corp is seeking the equivalent of more than US$11 billion (RM44.8 billion) in what would be one of the biggest junk bond deals ever, people familiar with the matter said on Monday, as billionaire Masayoshi Son’s conglomerate ramps up its investments in ChatGPT creator OpenAI.

SoftBank said to seek over US$11 bil in junk bonds for OpenAI bet

KUALA LUMPUR (Sept 21): Kelington Group Bhd (KL:KGB) has entered into a collaboration with electronics and semiconductor manufacturer Tata Electronics to advance the development of the latter’s semiconductor fabrication facility (Fab) in Dholera, Gujarat. 

Kelington said under the ...

Kelington to collaborate with Tata Group’s unit on Gujarat semiconductor fabrication facility

KUALA LUMPUR (Sept 21): South Korean universities are now offering company-linked degrees that provide financial aid and pathways to jobs at Samsung Electronics and SK Hynix years before students graduate.

Sogang University’s Department of System Semiconductor Engineering is teaching a ...

South Korean universities offer linked degrees with pathways to Samsung, SK Hynix — report

Opposition to data centres continues to mount in the US.

New data centres worth US$68 billion disrupted in US, data show

WASHINGTON/DETROIT (Sept 20): One of the world's best-known cybercrime groups said on Sunday that it had hijacked one of its chief rivals' dark web site, bringing what it said was a long-simmering feud out into the open.

Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website

Citigroup Inc chief executive officer Jane Fraser said that companies are racing to build up their defences as artificial-intelligence models become even more powerful and risk spurring cyber attacks.

Citi CEO sees ‘tsunami’ of patches in race to defend against AI

Chinese DRAM chipmaker CXMT said on Sunday its fifth-generation technology platform had entered mass production, a claimed breakthrough that could help China build a stronger competitor to Samsung Electronics, SK Hynix and Micron Technology in the global market for memory chips.

China's CXMT says new memory-chip platform enters mass production

President Donald Trump said he would name an artificial intelligence czar as he continued to push tech companies to race ahead with development despite growing fears safety.

Trump to name AI czar while rejecting safety risks as a hoax

Artificial intelligence (AI) could lift European productivity by about 1% over five years, but risks widening inequality, straining power networks and increasing dependence on foreign technology unless governments deepen economic integration, an International Monetary Fund (IMF) paper said.

IMF tells EU ministers AI could boost growth but increase economic strains

Google’s Gemini artificial intelligence (AI) model inadvertently hacked into three company systems in May during cybersecurity testing, adding to a string of breaches by AI agents that have alarmed security experts and developers of the technology alike.

Google joins OpenAI, Anthropic, Meta in disclosing AI hacks

SoftBank Group Corp is closing out the week with nearly US$21 billion (RM85.69 billion) in potential fresh borrowings as it builds out its artificial intelligence (AI) financing capacity. It’s also looking to raise another US$10 billion to US$20 billion next week in a separate jumbo bond deal.

SoftBank adds US$21 bil to AI firepower in new debt deals — Bloomberg

Artificial intelligence giant Anthropic said on Thursday that AI systems are increasingly capable of building future versions of themselves, adding to mounting concerns about the dangers of the powerful technology.

Anthropic says AI systems moving towards building themselves

Toyota Motor estimates it could cost 1 trillion yen (US$6.4 billion) annually from 2028 to modernise its factories as the world's biggest carmaker accelerates automation and robotics deployment.

Across the industry, automakers are turning to robotics to cut costs and address ageing infrastructure and labour shortages, a strategy that analysts say could open a growth avenue beyond vehicle manufacturing.

Toyota estimates factory automation could cost US$6.4 billion per year from 2028

Oil prices slid towards the psychological threshold of US$100 a barrel and to their lowest in 11 days on Monday as investors hoped for diplomatic progress on the Iran war due to this week's United Nations meeting, and eyed a partial recovery in shipments from Saudi Arabia.

Oil prices slide to 11-day low on hopes of US-Iran diplomacy, Saudi exports

Interior fit-out firm Inspace Creation Bhd (KL:INSPACE) has won a subcontract of RM34.75 million to undertake renovation works on commercial properties.

Inspace Creation bags RM35 mil subcontract for renovation works

Houthi fighters were pushing to seize strategic heights in Yemen on Monday to cut off the Red Sea coast from remaining areas held by Saudi-backed forces, after a report that President Donald Trump had called off US strikes on the group at the last minute.

Houthis push for control of Yemen highlands as Trump reported to have called off airstrikes

Federal Reserve Bank of Chicago president Austan Goolsbee warned the central bank cannot ignore repeated and persistent supply shocks, and must respond in a way that may cause economic hardship.

Fed’s Goolsbee says road to 2% inflation may not be painless

Prime Minister Datuk Seri Anwar Ibrahim left the Negeri Sembilan Palace in Changkat Persekutuan here on Monday after an audience of nearly an hour with the Yang di-Pertuan Besar of Negeri Sembilan, Tuanku Muhriz Tuanku Munawir.

Anwar leaves Negeri Sembilan Palace after hour-long audience with Tuanku Muhriz

Every Sept 12, the United Nations marks the International Day for South-South Cooperation. The language surrounding it centres on solidarity, mutual development, knowledge sharing, and cooperation among developing economies, presented as an aspiration. Some countries have taken this further, turning South-South cooperation into something decidedly commercial by bringing not just their products but also their capital, technology, expertise, and capabilities into new markets.

Opinion: The US$7.2 tril shift — What the Global South means for Malaysian business

China has expelled two top military officers, Zhang Youxia and Liu Zhenli, from the Communist Party and the military over "serious violations of discipline and law", the state-run Xinhua news agency said on Monday.

China expels two top generals from party and military, alleging disloyalty, corruption

E5: Court orders return of RM1.5 mil in Agrobank fraud case

Malaysia is heading into a far more difficult economic environment in the final quarter of the year.

Opinion: War, oil and votes: Anwar’s triple budget dilemma

Global stocks rose on Monday, as evidence of booming artificial intelligence (AI) demand lifted tech shares, and oil fell on reports that more supply was leaving the Gulf than previously thought despite the ongoing conflict.

Global stocks gain on AI optimism; lower oil helps bonds

Last Friday (Sept 18), Zetrix AI Bhd (KL:ZETRIX) made an unusual and shocking announcement. The company was unable to proceed to pay to shareholders a cash dividend which was due on that day.

The Edge Says: Bursa must get Zetrix to disclose name of substantial shareholder who blocked cash dividend payment

Zetrix AI Bhd (KL:ZETRIX) was a darling of the stock market when it was still called MyEG Services Bhd. It was the pioneer in online government services transactions such as road tax and foreign maid renewals. At its peak, it had a market capitalisation of over RM6 billion. But once it lost its m...

Frankly Speaking: Zetrix AI must explain the RM3.7 bil development cost

Bank Pertanian Malaysia (Agrobank) suffered losses of RM203.8 million from close to 3,000 unauthorised transactions carried out between Oct 28 and Nov 3, 2025, according to an affidavit filed in court.

How Agrobank lost RM203.8m from its settlement account through unauthorised payment instructions

KUALA LUMPUR (Sept 21): Transport Minister Anthony Loke Siew Fook will deal with matters related to his resignation after completing his official trip to China.

Loke to deal with resignation after China trip

Tenaga Nasional Bhd (KL:TENAGA) fell before rebounding on Monday as investors and analysts weigh the impact of additional subsidy on the national electric utility’s earnings.

Tenaga recoups loss, ends flat as market digests impact of subsidy burden

Negeri Sembilan Menteri Besar (MB) Datuk Seri Ismail Lasim said on Monday he was not consulted or advised on the termination of the state’s ten executive council (exco) members.

Negeri Sembilan MB says exco removal unconstitutional, will not submit new lineup

The Sessions Court has ordered the return of RM1.505 million to Bank Pertanian Malaysia (Agrobank) from 60 mule accounts, marking the first recovery in a much larger online fraud case in which the bank lost more than RM200 million last year.

Court orders return of RM1.5m in first recovery from Agrobank’s RM203.8m fraud case

AirAsia Group Bhd’s (KL:AAGB) pursuit of US$1 billion (RM4.08 billion) in financing from international debt markets has inevitably raised questions about whether its balance sheet can support borrowings of that magnitude and whether the government may ultimately have to step in.

Frankly Speaking: Isn’t AirAsia too big to fail?

Two Fridays ago, MyEG Capital Sdn Bhd, a subsidiary of Zetrix AI Bhd, disposed of its 16.9% stake in Heitech Padu Bhd (KL:HTPADU).

Frankly Speaking: Hazy shareholding structure at Heitech Padu

WE are a country of laws. Yet several events of the past few days have wrought chaos upon the sanctity of the rule of law and the institutions established under the Federal Constitution. 
&nbsp; 
On Sept 16, 2026, Malaysians were shocked by the news that His Royal Highness the Yang di...

Opinion: An assault on the constitutional sovereignty of the Negeri Sembilan monarchy and the rule of law

THE four-star Cititel Penang, a 19-storey hotel along Penang Road at George Town, is up for sale at RM163 million via an expression of interest (EOI) exercise. The hotel sits on three freehold parcels (Lots 832, 833 and 834), totalling nearly one acre.

Owned by Cahaya Utara Sdn Bhd, whi...

Cititel Penang on the market for RM163 mil

KOTA BHARU (Sept 21):&nbsp;A former TH Properties deputy general manager of construction projects pleaded not guilty in the Sessions Court here on Monday to abetting a criminal breach of trust involving RM14,000 in penalty funds collected from a contractor for a commercial building project owned by Tabung Haji (TH).

Ex-TH Properties deputy GM charged again with abetting in CBT

SOUTHEAST Asia’s (SEA) fintech space appears to be heating up.

TNG Digital Sdn Bhd, the operator of Malaysia’s most widely used e-wallet, TNG eWallet, recently sounded out several investment banks for a potential listing on Bursa Malaysia, sources say.

“[TNG Digital] invited a...

TNG Digital sounds out banks as GCash operator nears listing

Singapore's retrenchment rate in the second quarter of 2026 hit its highest level since the height of the Covid pandemic in late 2020, driven by business reorganisation and restructuring, the manpower ministry said on Monday.

Singapore's retrenchment rate at highest level since 2020 in 2Q this year, ministry says

KUALA LUMPUR (Sept 21): Unisem (M) Bhd (KL:UNISEM) is approaching an earnings inflection point that could see its profit after tax growth outpace revenue growth, according to CIMB Securities.

Unisem nears point where profit growth outpaces revenue, says CIMB Securities

KUALA LUMPUR (Sept 21): Gamuda Bhd (KL:GAMUDA) and Australian construction group BMD Constructions Pty Ltd have secured a A$624 million (RM1.8 billion) contract to upgrade two roads in Western Sydney.

Gamuda JV secures RM1.8 bil Western Sydney road upgrade contract

The average monthly salary and wage of Malaysians increased by 4.1% to RM3,803 in 2025, compared with RM3,652 the previous year, according to the Salaries and Wages Survey Report 2025 published by the Department of Statistics Malaysia (DOSM) on Monday.

Malaysians’ average monthly salary up 4% to RM3,803 in 2025 — DOSM

PINDUODUO’s growing presence in Malaysia has yet to leave a big dent in the earnings of major bricks-and-mortar retailers, but signs that consumers are becoming increasingly price-conscious as the cost of living rises could point to a more subtle challenge ahead.

The Chinese e-commerce ...

Will Pinduoduo eat listed retailers’ lunch?

KUALA LUMPUR (Sept 21): The Sessions Court judge who had presided over former Youth and Sports Ministry personnel Otman Arsahd’s criminal case, and found him guilty of 96 counts of corruption and money laundering, had failed to appreciate all the evidence before him.

Convicted ex-sports official appeals 15-year jail term, argues evidence wasn't fairly evaluated

Citigroup Inc chief executive officer Jane Fraser said that companies are racing to build up their defences as artificial-intelligence models become even more powerful and risk spurring cyber attacks.

Tech

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