PM announces additional special cash aid of RM2,500 for heads of households of each flood-affected family in Selangor, with payments starting tomorrow — PMO


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PM announces additional special cash aid of RM2,500 for heads of households of each flood-affected family in Selangor, with payments starting tomorrow — PMO

PARIS (Nov 9): G7 foreign ministers gathered in Paris on Monday aiming to gauge whether a US midterm defeat for President Donald Trump alters the administration's approach to Ukraine, the Middle East and ties with its closest allies, four G7 diplomats said.

G7 allies to assess impact of Trump's midterm setback at Paris talks

BENGALURU (Nov 9): Gold prices rose on Monday as lower oil prices helped ease inflation concerns, while investors awaited US price data this week that could shape the Federal Reserve's rate outlook.

Gold gains as lower oil prices temper inflation fears; US inflation in focus

LONDON/HONG KONG/SYDNEY (Nov 9): World stock markets nudged up from six-month lows on Monday, but the mood was fragile as a fall in Nvidia shares added to the unease hanging over AI following last week's global rout in tech shares.

Stocks edge up but Nvidia woes pose a fresh test, oil falls

KUALA LUMPUR (Nov 9): The number of flood evacuees in Selangor more than doubled, while Perak recorded a slight improvement, bringing the total number of victims sheltering at six temporary relief centres in the two states to 1,002 as of on Monday afternoon.

Floods: Selangor evacuees surge, Perak records slight drop

KUALA LUMPUR (Nov 9): Malaysia must step up vigilance against threats posed by state-linked hacker groups capable of breaching networks and crippling essential services, says Malaysia Cyber Consumer Association (MCCA) president Siraj Jalil.

Malaysia must step up vigilance against state-linked hackers — association

DUBAI (Nov 9): Iran defended a proposal on Monday to restart peace talks in as few as two days as the most reasonable offer on the table, after US Secretary of State Marco Rubio called some of Iran's conditions "outrageous and ridiculous".

Iran defends two-day proposal for peace talks after US rejects conditions

BEIJING (Nov 9): China on Monday announced a two-month extension of export-control waivers due to expire this month, preserving part of a wide-ranging deal struck after a summit between Presidents Xi Jinping and Donald Trump.

China extends suspension of new rare earth controls until January

(Nov 9): BMW AG is adding South Korean battery-cell makers Samsung SDI Co and LG Energy Solution Ltd to its supplier networks in Europe and the US, as the German carmaker looks to reduce dependencies.

BMW widens battery component suppliers with Samsung, LG Energy

SYDNEY (Nov 9): Australian data centre operator NextDC said on Monday that it would stop work on all projects without customer contracts following a big setback on a facility in Melbourne, as two major rivals finalised buying an A$715 million (US$492 million) stake in the company.

NextDC pauses uncontracted projects after Australian data centre woes

(Nov 9):&nbsp;In a 257-word memo to employees, Nvidia Corp&nbsp;chief executive officer Jensen Huang left no doubt that the chip colossus was embroiled in a crisis like none before in its three-decade history.&nbsp;

Nvidia CEO’s affair engulfs AI giant in Chinese spying probe

(Nov 9):&nbsp;A Chinese state-run newspaper denied Beijing had any link to Nvidia Corp chief executive officer Jensen Huang’s extramarital affair, accusing American media outlets of spreading a fabricated spy narrative and warning the issue could hurt ties.

China newspaper dismisses Jensen Huang spy claim, warns on ties

Malaysia is producing more tertiary graduates. Yet, many of them work in jobs that do not require their qualifications (or even a qualification), earn modest salaries and struggle to find the careers they expected. Meanwhile, employers complain that they cannot find people with the skills they need.

Tong's Portfolio — More graduates. Where are the good jobs?

DOHA (Nov 9): Malaysia is considering accelerating its quantum migration process to strengthen national data security amid advances in quantum computing technology that are expected to pose new challenges to cybersecurity systems.

Fahmi: Malaysia considers accelerating quantum migration to boost data security

KUALA LUMPUR (Nov 9): While Malaysia’s inflation rate has moderated, the easing trend does not necessarily translate into a lower cost of living for households, highlighting the difference between changes in consumer prices and the actual affordability of everyday necessities.

BNM: Lower inflation does not mean lower cost of living, CPI only tells part of story

LONDON/HONG KONG/SYDNEY (Nov 9): World stock markets nudged up from six-month lows on Monday, but the mood was fragile as a fall in Nvidia shares added to the unease hanging over AI following last week's global rout in tech shares.

BEIJING (Nov 9): China on Monday extended the suspension of its additional tariff of 24% on US imports and the suspension of special port fees on US-linked ships for two months.

China extends suspensions of 24% tariff on US goods, port fees on US ships for two months

(Nov 8): US&nbsp;President Donald Trump said on Sunday that he thinks he will meet Chinese President Xi Jinping and Russian President Vladimir Putin at an Apec leaders' summit in China next week and discuss ending the war in Iran and denuclearisation.

Trump thinks he will meet Xi and Putin at China Apec summit

LONDON (Nov 9): Oil prices fell on Monday after US President Donald Trump downplayed the likelihood of renewed strikes on Iran, though attacks on ships near the Strait of Hormuz kept supply concerns in focus.

Oil falls as Trump signals restraint on Iran despite fresh shipping attacks

While nine months is not a long time for a new index, it can still provide useful insight into whether it is capturing the characteristics it was designed to identify.

In the first nine months of the year, the Bursa Malaysia Quality 50 Index (BMQ) has gained 9.4%. Over the same period, ...

Has the Bursa Malaysia Quality 50 Index passed its first real test?

<div class="content-side-bar-box">
Summary

<ul>
	<li>Sources say the company had expected to secure a higher valuation</li>
	<li>A private equity firm is said to be keen on acquiring a stake</li>
</ul>
</div>

1 Doc Internation...

Beauty centre operator 1 Doc International’s IPO scrapped

<div class="content-side-bar-box">
Summary

<ul>
	<li>Hektar REIT’s proposal to acquire KYS KL East International School for RM125 mil could be withdrawn, say sources</li>
	<li>Unitholders are to vote on the proposal on Nov 16</li>
	<...

Hektar REIT said to be withdrawing proposal to buy KYS KL East International School

SYDNEY/BENGALURU (Nov 9): ANZ&nbsp;fell short of expectations for net interest margin and net interest income on Monday, dragging on its share price, as its CEO warned that global competition for capital from AI and other sectors would keep interest rates higher for longer.

ANZ misses some expectations, warns capital competition to keep rates higher

BENGALURU (Nov 9): Taiwan stocks rallied on Monday after the government activated its stock stabilisation fund following an AI-linked selloff last week that wiped out trillions of dollars from global markets.

Taiwan shares rally as state supports; South Korean equities extend loss

WASHINGTON/CAIRO (Nov 8): US President Donald Trump said on Sunday that he was highly unlikely to order fresh attacks on Iran as long as talks to end the conflict progress, even as both countries reported that shipping had been hit in or near the Strait of Hormuz.

Trump says he is highly unlikely to order Iran strikes if talks progress

(Nov 9):&nbsp;Nvidia Corp&nbsp;shares fell after the company’s board launched an investigation into chief executive officer Jensen Huang, following his admission of an affair with a woman identified in a series of reports as a suspected Chinese spy.

Nvidia shares drop after CEO Huang’s affair triggers board probe

THERE are around 137 living languages spoken in Malaysia, depending on how you count them.

Commentary: From Manglish to Bahasa Rojak in one sentence: Is AI ready for real conversations?

Country Heights Holdings Bhd (KL:CHHB) has failed to draw bidders for two of its forced auctions this year. The latest was for a 667,147 sq ft leasehold parcel in Mukim Petaling owned by Mines Waterfront Business Park (in liquidation) that had a reserve price of RM152.77 million.

Frankly Speaking: Why auctions of Country Heights assets failed

There is a certain poetry in the TuJu story. On Oct 20, the prime minister urged Malaysians to ditch Waze for the home-grown alternative TuJu. A day later, the app was offline for “system upgrades”. Its eventual fix, an update on Oct 30, was to launch Google Maps whenever a user wanted to navigate.

Frankly Speaking: The TuJu saga continues

The week ahead will get off to a slow start as the Deepavali public holiday falls on Monday, but will heat up towards the end of the week with the 16th Melaka state election on Saturday, Nov 14.

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