The Sultan of Selangor, Sultan Sharafuddin Idris Shah, on Wednesday graced a high tea organised by The Edge Media Group to celebrate the silver jubilee of His Royal Highness' reign, as well as to launch a commemorative magazine published by The Edge Malaysia at Four Seasons Kuala Lumpur.

The Edge launches commemorative magazine to mark Selangor sultan's silver jubilee

The Attorney General-led special committee tasked with investigating financial crime has held its first meeting on Wednesday to finalise its member composition and outline the precise scope of its investigations.

AG-led financial crime committee holds first meeting, sets investigation scope

The World Bank on Wednesday warned that global commodity prices are set to increase by 23% by the end of 2026, with energy prices at four-year highs due to the war on Iran and food prices driven up by global conflicts and El Niño.

World Bank warns of worsening food insecurity as commodity prices soar

The S&P 500 and the Nasdaq opened higher on Wednesday as memory-chip firms climbed after SK Hynix's bumper results, while investors looked to upcoming key corporate earnings as the next test of artificial intelligence (AI) trade, alongside the Federal Reserve's rate decision.

Wall St choppy as megacap losses offset chip gains ahead of Fed decision

Indah Water Konsortium Sdn Bhd (IWK) expects repairs to a sinkhole which appeared along Lebuhraya Mayang Pasir in Bayan Baru, Penang, on Wednesday afternoon to take at least 10 days, with completion targeted by Nov 7, weather permitting.

Indah Water says repairs to sinkhole along Penang’s Lebuhraya Mayang Pasir to take at least 10 days

The Bank of Canada (BOC) hiked interest rates to ward off upside inflation risks posed by higher energy prices, and said it may need to raise borrowing costs further.

Bank of Canada raises rates to 2.5%, says more could be needed

British Finance Minister John Healey announced support to help households through the "global economic storms" with subsidies for energy bills and a freeze in fuel duty for drivers in the first budget plan of Prime Minister Andy Burnham's government.

UK offers billions of pounds of help for households amid global economic storms

The US merchandise-trade deficit widened in September to the largest since March 2025 amid an ongoing surge in imports of capital goods.

US trade gap jumps to most since March 2025 on capital goods

Benjamin Netanyahu won the support of an unexpectedly clear majority of Israeli Jews in an election billed as a major turning point in his nation's history, apparently ensuring he will survive as the prime minister at least in a caretaker role.

Netanyahu survives another day with unexpectedly clear backing of Israeli Jews in election

A high-speed rail service slammed into another train about 60 miles south of Madrid on Wednesday, killing at least 64 people — the second major accident on Spain’s rail network this year and the deadliest crash in over a decade.

Death toll in Spanish high-speed train crash increases to more than 64

Bank Negara Malaysia (BNM) has fined two subsidiaries of AMMB Holdings Bhd (KL:AMBANK) a total of RM552,000 for failing to promptly report cash transactions of RM25,000 and above, following lapses in their reporting systems.

BNM fines AmBank, AmBank Islamic RM552,000 over delayed cash transaction reports

PUTRAJAYA (Oct 28): The transportation costs to bring Datuk Seri Najib's from prison to Putrajaya for next month's civil appeal will be borne either by the former prime minister.

Najib agrees to cover transport costs for appeal hearing in Putrajaya, court told

The Malaysian billionaire families behind Maxis Bhd (KL:MAXIS) and U Mobile Sdn Bhd are reviving plans to combine the companies in a deal that could create the country’s biggest wireless operator by market value, people with knowledge of the matter said.

Malaysian billionaires said to revive plan to create nation’s biggest mobile operator

States without sufficient water supply will not be allowed to host data centres, even if land is available, as Malaysia tightens its approval process for new projects, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

States without sufficient water supply cannot host data centres, says Johari Ghani

Magma Kiara Sdn Bhd, a subsidiary of Bursa Malaysia-listed Magma Group Bhd (KL:MAGMA), has signed a memorandum of collaboration (MOC) with interior fit-out specialist Jalex Sdn Bhd at the Wolo Experience Lounge in Bukit Bintang, to explore its proposed appointment as hotel interior adviser for Wolo Hotel &amp; Residences, Mont Kiara KL, according to a press statement issued on Oct 28.&nbsp;

Magma Kiara partners Jalex for hotel interior work at RM850 mil Wolo Mont Kiara KL

<div class="content-side-bar-box" style="background-color: lightblue; color: black;">
Summary

•&nbsp;&nbsp; &nbsp;While high-profile deals continue (such as the RM132 million sale of Menara Haw Par and other land acquisitions), buyer...

Menara Haw Par deal signals renewed interest in KL’s Golden Triangle

Singapore’s top diplomat got to Jakarta so fast this week that his hosts described the visit as unexpected.&nbsp;

Singapore’s top envoy on mission to soothe Indonesian angst

Berjaya Property Bhd's (KL:BPROP) unit Berjaya Construction Bhd said on Wednesday it will undertake design-and-build works for the Sanglang Port development project in Perlis.

Berjaya Construction to undertake design-and-build works for RM1.2 bil port development project in Perlis

Datin Seri Rosmah Mansor will vigorously resist a Lebanese jewellery firm’s bid to enforce a High Court judgement in June which had ordered her to pay the firm RM67.5 million over 43 missing pieces of jewellery that had been sent to her in February 2018.

Rosmah to vigorously resist Lebanese firm enforcing RM67.5 mil judgement on her

Billionaire Gautam Adani-controlled Adani Enterprises Ltd returned to profit in the second quarter as newer businesses including airports and data centres scaled up.

Adani flagship returns to profit as newer businesses deliver

AMMB Holdings Bhd (KL:AMBANK) will likely shrug off rising bond yields, and it may be time to start buying shares of the sixth-largest bank in Malaysia again, an analyst said.

AMMB on track with earnings, time to ‘buy’ again — analyst

The rapid backlash against French football star Kylian Mbappe over a perceived insult to Mao Zedong underscores how little room for error remains for celebrities and global brands seeking to tap China’s lucrative market.

Mbappe backlash shows shrinking margin for error in China

Corruption and other scandals involving government-linked companies (GLCs) are, unfortunately, not new. Neither are analyses and commentaries that follow. We are never short on prescriptions for how to prevent these scandals. The latest, of course, is the scandal that engulfed Lembaga Tabung Haji...

My Say: Corruption scandals and GLCs: When accountants have more clout than lawyers (and what lawyers can do about it)

The Securities Commission Malaysia (SC) has paid a visit to Zetrix AI Bhd’s (KL:ZETRIX) headquarters in Petaling Jaya as part of an investigation involving the company, according to sources familiar with the matter.&nbsp;

SC visits Zetrix AI headquarters amid probe, sources say

Mitsubishi Materials Corporation will stop processing copper and copper alloy strips in Johor as part of reorganisation efforts at the Japanese smelting firm.

Mitsubishi Materials to shut down copper processing ops in Johor

KUALA LUMPUR (Oct 28): Bursa Malaysia Bhd (KL:BURSA) reported on Wednesday that its earnings grew nearly 10% in the third quarter from a year earlier, thanks to higher trading activities.

Bursa Malaysia grows 3Q net profit by nearly 10%, says on track with targets

KUALA LUMPUR (Oct 28): The Energy Commission&nbsp;is developing a comprehensive framework and guidelines on self-generation facilities and the use of renewable energy for the data centre sector, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Fadillah: Energy Commission developing comprehensive guidelines for self-generation facilities in data centre sector

Standard Chartered (StanChart) on Wednesday hiked its full-year growth and profitability targets after third-quarter income handily beat estimates, sending its shares 8% higher.

StanChart shares soar after it hikes full-year targets and trounces profit estimates

Malaysian advanced materials company and deep-tech unicorn&nbsp;Vertex Material plans to list on the US Nasdaq stock exchange in the second or third quarter of next year, targeting&nbsp;to raise funds of US$300 million (RM1.22 billion) to US$400 million, said its chief executive officer Chris Lai.

Malaysia's Vertex Material plans Nasdaq listing by 2Q-3Q next year, to raise US$300m to US$400m

The Malaysia Competition Commission is investigating 510 firms over suspected bid-rigging in tenders worth more than RM3 billion across the public and private sectors.

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