The number of flood victims in Selangor continued to rise on Friday morning, with 1,253 people from 337 families taking shelter at 10 temporary relief centres (PPS), compared with 1,120 people from 284 families at nine PPS on Thursday night.

Flood evacuees in Selangor rise to 1,253, 10 relief centres now open

KUCHING (Nov 6): The Election Commission (EC) has set the polling date for the 13th Sarawak Election on Dec 12.

EC: Sarawak polls set on Dec 12

Datin Seri Rosmah Mansor said on Friday that she has no knowledge of the payment reportedly made to settle the RM50 million fine on her imprisoned husband Datuk Seri Najib Razak.

Rosmah says she and family have no knowledge of Najib's reported fine payment

SYDNEY/WELLINGTON (Nov 6): The Reserve Bank of New Zealand (RBNZ) said on Friday that it hit the local unit of Westpac with a charge alleging it breached disclosure rules for the country's Depositor Compensation Scheme.

New Zealand central bank hits Westpac with charge over disclosure breach

SEOUL (Nov 6): MSCI chairman and CEO Henry Fernandez said on Friday that the index provider needed to see South Korea's regulatory changes for an upgrade to developed-market status put into practice.

MSCI says it needs to see South Korea's regulatory changes put into practice for market upgrade

Brent oil was on track for its biggest weekly loss since April 2020 after a volatile stretch of trading, as investors weighed prospects for an end to the months-long war in the Middle East.

Brent oil set for biggest weekly loss since 2020 on war hopes

(Nov 6): Malaysia’s status as a net energy exporter is bolstering the appeal of its sovereign debt, analysts say, shielding the market from regional inflation pressures even as global oil prices fluctuate.

Malaysian bonds lure buyers as oil squeezes peers, analysts say

SINGAPORE (Nov 6): Asia's tech-heavy markets crumbled on Friday as fear of increased regulatory scrutiny and a slowdown in AI build-out unleashed the steepest decline in US stocks since the tariff-triggered "Liberation Day" rout in April 2025.

Asia stocks crumble after AI rout rocks US markets

KUALA LUMPUR (Nov 6): Malaysian shares are broadly lower as massive overnight selloff on Wall Street rippled over to Asian markets on Friday. The ringgit weakened.

Malaysia shares broadly lower as Wall Street rout spills to Asia

BENGALURU (Nov 5): AI data centre firm IREN on Thursday delayed some infrastructure deliveries for Microsoft  and laid out another US$15 billion in spending, even as a rout in AI stocks puts the sector's massive buildout under pressure.

AI data centre firm IREN delays Microsoft AI deliveries, plans US$15 bil spending push

MRT Corp has awarded a RM2.69 billion contract to a joint venture comprising China Communications Construction Company, TRC Construction and Ufuk Semarak for the construction of the Penang LRT Mutiara Line's cross-sea extension linking Penang Island to the mainland.

MRT Corp awards RM2.69 bil contract for Penang LRT cross-sea extension

A brief recap of some business news and corporate announcements that made the headlines on Thursday.

ViTrox, Sunway Construction, Zetrix AI, SD Guthrie, Lotte Chemical Titan, Pentamaster, Kobay, F&N, Tanco, Alpha IVF, TT Vision

The Nasdaq Composite looked set to confirm a correction on Thursday, with chipmakers tumbling, after the Democrats' sweeping victory in midterm elections fueled fears of tighter artificial intelligence (AI) regulation.

Nasdaq set to confirm correction as AI stocks tumble

SINGAPORE (Nov 6):&nbsp;Asia's tech-heavy markets crumbled on Friday as fear of increased regulatory scrutiny and a slowdown in AI build-out unleashed the steepest decline in US stocks since the tariff-triggered "Liberation Day" rout in April 2025.

The government has agreed to provide flexibility regarding the existing moratorium on the export of raw rare earth element (REE) materials through the Guidelines for the Conditional Export of Raw Rare Earth Elements in order to attract potential investors.

Govt grants flexibility in rare earth element export moratorium to attract investors

Goldman Sachs Group Inc and Apollo Global Management Inc are in talks with Wall Street investors to start selling portions of a roughly US$40 billion (RM162.55 billion) chip financing deal for SpaceX, just as the artificial intelligence (AI) boom braces for upheaval following a sweeping Democratic victory.

Goldman, Apollo in talks to sell SpaceX’s US$40 bil AI deal — Bloomberg

NEW YORK/BENGALURU (Nov 5): Tech-led Nasdaq notched its deepest one-day drop since ‘Liberation Day’ in April 2025, wiping out trillions in market value on fears of more AI scrutiny, particularly on data center construction, after Democrats won big in US midterm elections.

Investors wipe US$2.5 tril off Nasdaq as blue tsunami prompts AI fears

KUALA LUMPUR (Nov 6): Malaysian shares are broadly lower as massive overnight selloff on Wall Street rippled over to Asian markets on Friday. The ringgit weakened.

Paraguayan President Santiago Peña stepped down on Thursday after the collapse of a major commercial bank with ties to his government plunged the South American nation into financial and social turmoil.

Bank collapse topples a president and Trump ally in Paraguay

Members of the administration have been urged to arrive early for Dewan Rakyat sittings instead of waiting for their turn to speak, ensuring smooth proceedings and avoiding absences that reflect poorly on the House.

Johari lashes out at administrative members over Dewan Rakyat absences, skipped questions

Shares of semiconductor stocks plunged on Thursday, extending a recent selloff as investors turn sceptical on the artificial intelligence (AI) trade after the Democrats dominated the midterm elections.

Chips selloff worsens as fears about AI trade grip stock market

Voters in the Melaka state election are urged to choose elected representatives who have a "direct line" to the Prime Minister's Office to ensure smooth development processes and the protection of local residents' welfare.

Melaka polls: Choose candidates who have 'direct line' to PM's office — Anwar

KUALA LUMPUR (Nov 6): Technology stocks remained under selling pressure on Friday, as investors weighed the implications of the Democrats' strong showing in the US midterm elections for the artificial intelligence (AI) trade.

Tech stocks tumble as AI trade concerns deepen

(Nov 5):&nbsp;Shares of Elon Musk's companies ‌SpaceX&nbsp;and Tesla&nbsp;slumped on Thursday, extending losses from the previous session, as investors worried that Democratic wins in the US midterm elections could slow data center build-outs.

SpaceX, which has leaned into the ​AI data ...

SpaceX, Tesla extend losses as midterm results cloud data center, merger outlook

SINGAPORE (Nov 6): Singapore's Oversea-Chinese Banking Corp (OCBC) on Friday raised its 2026 outlook after posting a 3% annual rise in third-quarter net profit that beat estimates, even as weakness in its insurance arm weighed on its bottom line.

Singapore bank OCBC lifts 2026 guidance after 3Q profit beat

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

YOUR DAY AHEAD: Nov 6, 2026 

DAP is focusing on retaining the four seats it currently holds in the 16th Melaka state election, its secretary general Anthony Loke Siew Fook said.

Melaka polls: DAP focused on retaining four incumbent seats, seeks to win three more

A post-election slide in chipmakers snowballed as investors bailed from technology shares on speculation that congressional Democrats will clamp down on the artificial-intelligence industry.

S&P 500 sinks 4% as AI washout rattles Wall Street

(Nov 5): The backlash against data centers evident in this week's US midterm elections raises new risks for a key source of economic growth. But restrictions on development could ultimately reduce the odds of a downturn by keeping the AI investment boom in check.

Around half of planned ...

US data-centre backlash may lower odds of AI investment bust

(Nov 5): Alphabet's&nbsp;Google will invest $17 billion to build its first data center in Wyoming, the company said on ​Thursday, pushing ahead with a major AI infrastructure ‌investment as political resistance to data center expansion grows following the US midterm elections.

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