OSLO (Oct 29): Forecasts published on Thursday of rapid growth in power demand from data centres in Norway have further underscored concerns among policymakers and energy market operators, ​with one political party calling an emergency debate in parliament next week that ‌may lead to a ban o...

Data centre growth triggers backlash in Norway over power deficit concerns

YOUR DAY AHEAD: Oct 30, 2026

(Oct 29): Wall Street's top alternative asset managers are betting on the AI boom by owning the infrastructure behind it and locking ​in rent through long-term leases.

With concerns growing that debt-laden neocloud companies at the heart of the AI infrastructure boom could default and ‌...

Wall Street's AI bet: Own the infrastructure, collect the rent

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

YOUR DAY AHEAD: Oct 30, 2026 

(Oct 29): Intel shares plunged 21% on Thursday after ​the chipmaker said a deadly explosion at its Israel factory would erase roughly $600 million in revenue over two quarters, while a faltering PC market could ‌dent sales through the first half of next year.

A below-estimates fore...

Intel shares drop 21% on Israel factory blast, PC weakness

(Oct 29): Amazon.com on Thursday reported a massive cash burn in the third quarter, sending shares sharply lower, while it signaled higher capital expenditures next year atop an already ​huge amount in 2026.

Amazon's cloud computing cash cow, Amazon Web Services, continued to accel...

Amazon sinks as AI spending eclipses fastest cloud growth in five years

(Oct 29): Cash flow is king again.

Wall Street rewarded Microsoft and Oracle on Wednesday for showing that they could ​fund their enormous AI ambitions without endlessly tapping investors.

Alphabet, by contrast, was punished for burning through cash, while Google Search's slow...

Cash is king as investors draw new battle lines in AI spending boom

LONDON (Oct 29): Much of today’s massive AI build-out is being financed with instruments that do not trade. So, the question for investors now is not only whether AI will pay off, but also how they will know if it is starting to ​come off the rails.

While hyperscalers like Meta Pla...

Private credit’s huge AI footprint obscures growing risks

A selloff in several tech companies spurred a rotation into a broader category of stocks while fueling a push toward the safety of bonds.

Asia stocks under pressure, haven bid boosts bonds

Every household has its own routines, needs and preferences. Coway's water purifier range makes it easier to enjoy clean drinking water, whatever the day brings.

A lighter way with water

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

Big Caring, Zetrix AI, Heitech Padu, SD Guthrie, YTL Power, Mega Fortris, GIIB, JF Technology, TSH Resources, BAT Malaysia, Mi Technovation, Axis REIT, Chin Teck Plantations, Taghill &SLGC 

HeiTech Padu Bhd (KL:HTPADU) said it is no longer collaborating with Zetrix AI Bhd (KL:ZETRIX) on the RM1.05 billion National Integrated Immigration System (NIISe) project, after both parties mutually agreed not to extend their teaming agreement.

HeiTech Padu says no longer working with Zetrix AI on NIISe, assures no impact on project

The tech-heavy Nasdaq fell more than 1% on Thursday as Alphabet's results rekindled worries about ballooning artificial intelligence (AI) costs, outweighing strength in other sectors, including financials and healthcare, as earnings continued to dominate investor focus.

Nasdaq falls as Alphabet set for record loss amid AI spending woes

Mi Technovation Bhd (KL:MI) posted record earnings in the third quarter ended Sept 30, 2026 (3QFY2026), driven by higher sales volume, improved average selling prices and optimised product mix.

Mi Technovation 3Q profit surges 85% on strong semiconductor demand

Main Market-bound Big Caring Group Bhd supports calls to allow Malaysians to use their government issued cashless aid credits in retail pharmacies.

Big Caring Group supports proposal on expanding SARA cashless aid to retail pharmacies in Budget 2027

JF Technology Bhd (KL:JFTECH) has proposed issuing up to 388.01 million free warrants to existing shareholders, giving them the option to buy more shares in the semiconductor test equipment maker over the next five years.

JF Technology proposes up to 388 mil free warrants to reward shareholders

TSH Resources Bhd (KL:TSH) said its review of records to date has not identified any business relationship with any of the 10 companies named by Singapore’s National Environment Agency (NEA) regarding forest and peatland fires in Indonesia. 
&nbsp;

TSH Resources finds no business links to 10 Indonesian firms named by Singapore's NEA

The Malaysian Anti-Corruption Commission (MACC) issued asset declaration notices to businessman&nbsp;Datuk Seri Nazir Hussin&nbsp;Akhtar Hussin and his brother,&nbsp;Datuk Mubarak Hussain, on Oct 20.

MACC issues asset declaration notices to Nazir Hussin and his brother 

European Central Bank (ECB) president Christine Lagarde played down the danger that inflation will spread beyond energy after news that she will step down early overshadowed Thursday’s decision to leave interest rates untouched.

Lagarde downplays inflation risk as ECB holds, announces her early exit

Taghill Holdings Bhd (KL:TAGHILL) has secured a RM166 million contract to undertake the main building works for a commercial development in Penang.

Taghill bags RM166 mil construction job in Penang

Prime Minister Datuk Seri Anwar Ibrahim has called on Malaysia’s mid-tier listed companies to expand and become regional champions, saying too many promising businesses remain small for too long.

Anwar urges mid-tier listed firms to grow into regional champions

Cuscapi Bhd (KL:CUSCAPI) saw boardroom changes on Thursday, including the resignation of businessman Datuk Jayakumar Panneer Selvam.

Cuscapi sees boardroom changes as businessman Jayakumar resigns

Parti Pribumi Bersatu Malaysia (Bersatu) announced eight candidates who will contest in the 16th Melaka state election on Nov 14.

Melaka polls: Bersatu announces candidates for eight seats

US inflation accelerated in September as consumers paid more for gasoline and other goods, supporting economists' expectations of an interest rate increase from the Federal Reserve in December.

US inflation heats up in September; consumer spending rises

Perikatan Nasional (PN) has postponed announcing its candidate for one remaining state seat allocated to the coalition under an understanding with Barisan Nasional (BN) for the 16th Melaka state election.

Perikatan delays announcement of one Melaka state seat candidate

(Oct 29): Cash flow is king again.

Wall Street rewarded Microsoft and Oracle on Wednesday for showing that they could ​fund their enormous AI ambitions without endlessly tapping investors.

Alphabet, by contrast, was punished for burning through cash, while Google Search's slow...

The US economy expanded in the third quarter (3Q) at the fastest pace in a year, supercharged by feverish business investment and a resilient American consumer.

US economy grows most in a year at a faster-than-expected 3.4% in 3Q 

A selloff in several tech companies spurred a rotation into a broader category of stocks while fueling a push toward the safety of bonds.

Oil rose on signs the US may resume military strikes against Iran, risking fresh turbulence in the region that may hurt energy flows.

Oil climbs on signs US may resume military strikes against Iran

Perikatan Nasional (PN) has announced five candidates for the 16th Melaka state election next month.&nbsp;

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Search Results

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

Search Results

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌