Anthropic PBC is seeking a fully diluted valuation of about US$1.4 trillion (RM5.7 trillion) in its initial public offering (IPO), in a bid to make history as the first frontier artificial intelligence (AI) lab to go public.

Anthropic targets US$1.4 tril valuation in blockbuster IPO

PMW International Bhd (KL:PMW) has secured an additional RM64.37 million in contract value as well as a one-year extension for its spun concrete poles supply job for Tenaga Nasional Bhd (KL:TENAGA).

PMW gets RM64m extension for Tenaga concrete pole supply job

Sea Ltd earnings missed estimates after the Southeast Asia e-commerce leader boosted spending in artificial intelligence (AI) features and intense competition weighed on prices.

Singapore’s Sea misses earnings estimates on rising AI costs

More than a third of US small-business owners plan to increase prices in the coming months, the most in more than four years, pointing to persistent inflationary headwinds.

US small-business plans to raise prices reach four-year high

Senior defence lawyer Tan Sri Muhammad Shafee Abdullah said that Datuk Seri Najib Razak was a relieved man on Tuesday, and that the lawyer would personally like to thank the King, Sultan Ibrahim Sultan Iskandar, for allowing his client to serve the remainder of his sentence until Aug 23, 2028 under house arrest.

Shafee says Najib is relieved, thanks King for granting house arrest

Big Caring Group Bhd's initial public offering (IPO) was oversubscribed by 4.31 times under the Malaysian public portion, ahead of the pharmacy chain operator's listing on Bursa Malaysia's Main Market.

Big Caring IPO's public tranche oversubscribed 4.31 times

Malaysia’s industrial output is expected to maintain its strong momentum in the final quarter of the year amid resilient external trade and a rebound in manufacturers' operating conditions, say economists.

Malaysia’s industrial output to remain strong in final quarter, say economists

Environmental impact assessments alone could take up to three years in Malaysia, underscoring the challenges renewable energy faces to meet rising demand.

Renewable energy projects face lengthy approvals, land and financing hurdles

SoftBank Group Corp reported its first net loss in almost two years after the tech investor swallowed a US$3.7 billion (RM15.0 billion) write-down over its US data-centre projects and artificial intelligence (AI) valuations dipped around the world.

SoftBank loses US$7 bil in one quarter after big US data centre write-down

Datuk Seri Najib Razak is now legally allowed to serve the remainder of his SRC International Sdn Bhd jail sentence at his Jalan Langgak Duta home in Kuala Lumpur.

Court clears way for Najib to serve rest of SRC sentence at home

KUALA LUMPUR (Nov 10): Public Bank Bhd (KL:PBBANK) fell on Tuesday after the third-largest Malaysian bank by assets cut its guidance and flagged margin pressures.

Public Bank falls after cutting guidance, flagging margin pressures

NEW YORK (Nov 9): Nvidia and chief executive Jensen Huang were sued on Monday in a proposed class action accusing them of defrauding shareholders by concealing Huang's ties with a suspected Chinese spy.

Nvidia, CEO Huang sued over disclosures related to suspected Chinese spy

The Attorney General's Chambers (AGC) has filed an application at the High Court to study and review former prime minister Datuk Seri Najib Razak’s house confinement order that had been issued by the court on Friday.

AG applies to High Court to rectify order on Najib’s release for house arrest

Datuk Seri Najib Razak is now legally allowed to serve the remainder of his SRC International Sdn Bhd jail sentence at his Jalan Langgak Duta home in Kuala Lumpur.

The High Court heard on Tuesday that AirAsia had run its Free Seats campaign since 2015 without any problems, and only ran afoul with Malaysian Aviation Commission in late 2024.

AirAsia's Free Seats campaign ran for almost 10 years before flagged by Mavcom, court hears 

MELAKA (Nov 9): The interpretation of the Conditional Pardon Order and the implications of the Order of Discharge involving Datuk Seri Najib Tun Razak require further clarification to establish whether the Prisons Department has the authority to implement house arrest for the former prime minister.

Najib's discharge order needs review to clarify Prisons Dept's authority — Saifuddin

PETRONAS could tap into the massive power demand from data centres by supplying gas for dedicated power generation, a minister said on Tuesday.

PETRONAS could power data centres with gas, secure long-term buyers at market rates, says minister

<div class="content-side-bar-box">
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<ul>
	<li>Zetrix AI’s wholly-owned money-lending outfit MY EG Finance Technologies extended a RM100 million loan to three private companies and several individuals in March 2018, secured by 12...

Closer look at opaque deals at Zetrix AI’s lending arm MY EG Finance Technologies

KUALA LUMPUR (Nov 10): MISC Bhd’s (KL:MISC) proposed RM3.03 billion investment in Yinson Holdings Bhd (KL:YINSON) would increase its financial risk, even under a structure designed to keep Yinson’s substantial debt off the shipping group’s balance sheet, CGS International said.

MISC’s RM3.03 bil bet to take Yinson private exposes shareholders to higher risks — CGS

KUALA LUMPUR (Nov 10): Zetrix AI Bhd (KL:ZETRIX) has until Wednesday (Nov 11) to disclose material information on its financial position, unpaid dividends and a series of governance and operational issues following a directive from Bursa Malaysia Securities Bhd.

Zetrix faces Nov 11 deadline to disclose financial position under Bursa’s directive

The drawn out legal battle to wind up the corporate vehicle of the co-founders of glove manufacturing giant Supermax Corporation Bhd has been settled with &nbsp;Datuk Cheryl Tan Bee Geok receiving RM37,028,347.28, while estranged husband Datuk Seri Thai Kim Sim (Stanley Thai) getting RM32,536,556.58.

Supermax co-founders settle winding-up of investment vehicle via property disposal and debt repayment 

The High Court has granted VLA Architects Sdn Bhd an interim extension of a restraining order, until Jan 25, 2027, pending the hearing and full disposal of the main extension application in the winding-up proceedings of Maju Holdings Sdn Bhd.

High Court grants temporary restraining order extension to Maju Holdings in winding-up suit

The government has yet to receive evidence that Speedmatrix Sdn Bhd, the firm allegedly involved in the Nvidia spy affair scandal, violated Malaysian law, a minister said.

Malaysia yet to receive evidence on firm allegedly linked to Nvidia spy affair scandal — report

KUALA LUMPUR (Nov 10): The Democratic sweep of both US congressional chambers in the midterm elections has weighed on technology stocks globally, but analysts said Malaysian tech faces a sentiment and valuation dip rather than an earnings hit.

Analysts see Malaysia tech facing sentiment dip, not earnings hit, despite data centre worries

UEM Sunrise Bhd (KL:UEMS) has officially launched MAIA Mont’Kiara, a luxury residential development with a gross development value of RM1.17 billion, on Tuesday (Nov 10). It soft-launched in late August this year and has achieved a 60% take-up rate since then.

UEM Sunrise officially launches RM1.17b MAIA Mont’Kiara with 60% take-up rate

WASHINGTON/CAIRO/ABU DHABI (Nov 9): US President Donald Trump said on Monday that he plans to hold off on new military strikes against Iran for the time being after appeals from countries in the region, including from Qatar's prime minister in White House talks.

Trump says he will hold off on fresh Iran strikes for now

Transport Minister Anthony Loke Siew Fook announced that his resignation is now effective after Datuk Seri Najib Razak’s house arrest was cleared by the court.

Loke says resignation as transport minister effective immediately

KUALA LUMPUR (Nov 10): Yinson Holdings Bhd (KL:YINSON) has clarified that it has not accepted either the proposed privatisation scheme or the terms of the proposal letter, which involves its major shareholders privatising the company at RM2.50 per share. &nbsp;

Yinson says it has not accepted the proposed privatisation scheme

Malaysia's palm oil stocks climbed to a record high in October, surpassing the previous peak set a month earlier, as another month of bumper output more than offset a rebound in exports.

Malaysia's October palm oil stocks hit new high as output rises

KUALA LUMPUR (Nov 10): The proposed RM2.50-a-share privatisation of Yinson Holdings Bhd (KL:YINSON) offers minority shareholders an exit opportunity above CIMB Securities’ valuation, as heavy gearing and costly financing could constrain growth and dilute returns from new projects, the research house said.

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