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

Zetrix AI, Sunway REIT, Hup Seng, YNH Property, Favelle Favco, Critical Holdings, PMW, Kumpulan Kitacon, Advancecon & Jati Tinggi

A sport utility vehicle bearing Datuk Seri Najib Razak has arrived at his residence in Langgak Duta here, hours after the High Court issued a rectified order allowing the former prime minister to spend the rest of his jail time for siphoning RM42 million from SRC International Sdn Bhd under house arrest.

Najib arrives home at Langgak Duta to begin house arrest

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

Wall Street's main indices opened lower on Tuesday after hotter-than-expected inflation data for October threatened to pause a two-day rebound in tech shares and revive the selling pressure that had rattled markets last week.

Wall St opens lower after October's hot inflation print

Microsoft has been pressing the Trump administration to halt plans to bar Chinese imports of a key component used in artificial intelligence (AI) data centres, three people familiar with the situation said.

Microsoft said to press Trump to scuttle expected ban on Chinese data centre technology

Treasuries sank and traders solidified their bets that Federal Reserve officials will raise interest rates when they next meet in December after evidence of persistently hot US inflation.

US Treasuries drop as hot inflation backs December rate bets

Russian and Ukrainian officials met in Abu Dhabi on Tuesday for their first peace talks since February as US President Donald Trump's envoys launched a new push to end the war in Ukraine.

US seeks to bridge gaps at first Russia-Ukraine peace talks in nine months

Nvidia chief executive officer Jensen Huang's affair with a Chinese businesswoman alleged to be a spy for Beijing facilitated the shipment of at least US$7.5 billion (RM30.4 billion) worth of the company's chips to Chinese firms, The Information reported on Tuesday, citing two people who know her.

Nvidia CEO's affair with alleged spy aided US$7.5 bil in China chip shipments, Information reports

Zetrix AI Bhd (KL:ZETRIX) on Tuesday confirmed to Bursa Malaysia it still owes RM25 million in payments that was due last Friday for a tranche of its sukuk programme.

Zetrix AI confirms to Bursa default on RM25m sukuk obligation on Nov 6, commits to settlement

Parents should instil values of respect and empathy in their children from an early age to help prevent bullying, said Education Minister Datuk Seri Fadhlina Sidek.

Bullying prevention begins at home, says Fadhlina

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

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 

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

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	<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

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

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 

HIS TIZA Pahang Sdn Bhd, a company linked to the crown prince of Pahang, has emerged as the second-largest shareholder of oil palm planter and timber firm Mentiga Corp Bhd (KL:MENTIGA).

Pahang crown prince-linked firm completes purchase of 30% Mentiga stake

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

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

YTL Power International Bhd (KL:YTLPOWR) fell on Tuesday amid renewed scrutiny of its data centre partner Nvidia Corp over espionage allegations.

YTL Power shares under selling pressure amid Nvidia scrutiny

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

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

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

OCBC Group said on Tuesday that it has been ranked the strongest bank in Singapore and the Asia-Pacific, and third globally, in The Asian Banker’s 2026 World’s 1,000 Strongest Banks ranking.

OCBC among top three strongest banks globally in The Asian Banker ranking

The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has urged Muslims to channel religious-related funds through parties authorised and recognised by the state Islamic religious council to ensure proper governance and accountability.

Sultan of Selangor reminds Muslims to channel religious funds via authorised bodies

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

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.

Yinson buyout offers exit opportunity, CIMB Securities advises shareholder to vote in favour

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

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;

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