Oil prices rose more than US$1 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to supplies from the Middle East.

Brent crude futures LCOc1 rose US$1.93, or 1.77%, to US$110.75 a barrel at 0442 GMT, while US West Texas Intermediate crude CLc1 gained US$1.43, or 1.47%, to US$98.58. Brent had settled largely unchanged on Wednesday, while WTI had eased 67 cents.

Oil climbs over US$1 on more Houthi attacks in Saudi Arabia

The ban on the use of the Waze navigation app applies only to public servants carrying out official duties and does not extend to all Malaysians, a minister told the Dewan Rakyat on Thursday.

Waze ban applies only to public servants on official duties, says Gobind

Hong Kong stocks slumped to four-month lows on Thursday, while mainland blue chips edged closer to a technical bear market, as a selloff in tech shares and fading expectations for fresh stimulus to shore up China's economy dented investor sentiment.

Hong Kong stocks slide to four-month low as stimulus hopes fade

Elon Musk made headlines on SpaceX’s earnings call when he confirmed that it and Tesla Inc had formed special committees to explore a potential merger.

A Tesla-SpaceX merger may boost Musk’s fortune by US$110 bil

Westports Holdings Bhd (KL:WPRTS) climbed on Thursday towards its highest in more than a month as investors cheered a better-than-expected quarter at the port operator.

Westports extends gain to over one-month high as results beat estimates

A probe into KPMG Australia has found it mishandled whistleblower allegations of client data leaks and let cultural and governance weaknesses persist for years, but stopped short of recommending a permanent ban on the firm from federal government work.

Review finds KPMG Australia mishandled whistleblower claims, pause on government work extended

CYBERJAYA (Oct 22): Civil servants who defy the immediate ban on navigation app Waze could face disciplinary action, National Security Council (MKN) director general Datuk Raja Nushirwan Zainal Abidin said.

Civil servants who defy Waze ban face disciplinary action — National Security Council

The Shah Alam High Court has dismissed a striking out application brought by developer Midlands City Sdn Bhd, in a suit brought by 24 purchasers for delays in procuring strata titles and a Certificate of Completion and Compliance (CCC).

High Court dismisses striking out application by Midlands City, orders full trial in suit brought by purchasers

(Oct 22): Barclays Plc is continuing with plans to expand in Saudi Arabia and the wider Middle East, keeping its “constructive” view on the region, according to the bank’s Asia-Pacific chief executive officer Jaideep Khanna.

Barclays’ Middle East expansion plans ‘on track,’ Khanna says

Stocks fell on Thursday as megacap earnings failed to reassure investors about the rebound in the artificial intelligence (AI) trade, Chinese equities neared a bear market and escalating Middle East tensions drove oil prices higher.

AI trade stumbles after tech earnings; oil gains

Zetrix AI Bhd (KL:ZETRIX) faces a deadline on Thursday to resolve a covenant breach that could trigger a payment default on its RM2 billion sukuk.

D-day for Zetrix AI to fix RM2b sukuk covenant breach

'Clearly the prime minister has been wrongly advised,' says former finance minister Lim Guan Eng.

Opinion: TuJu doesn't work, improvements needed

KUALA LUMPUR (Oct 22): RedPlanet Bhd (KL:RPLANET) staged a strong ACE Market debut on Thursday following the information technology services firm’s listing transfer from the LEAP Market.

RedPlanet rises 42% in ACE Market debut following listing transfer

Oil prices rose more than US$1 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to supplies from the Middle East.

Brent crude futures LCOc1 rose US$1.93, or 1.77%, to US$110.75 a barrel at 0442 GMT, while US West Texas Intermediate crude CLc1 gained US$1.43, or 1.47%, to US$98.58. Brent had settled largely unchanged on Wednesday, while WTI had eased 67 cents.

Stocks fell on Thursday as megacap earnings failed to reassure investors about the rebound in the artificial intelligence (AI) trade, Chinese equities neared a bear market and escalating Middle East tensions drove oil prices higher.

Meta Platforms has struck a deal with Mark Zuckerberg to keep him living in California after the chief executive officer warned he was considering leaving the state that houses the company's headquarters if voters pass a wealth tax proposal next month.

Meta strikes deal to keep Zuckerberg in California after wealth tax concerns

The Federal Court has set Nov 5 to hear Muar Member of Parliament Syed Saddiq Syed Abdul Rahman's appeal, on whether the courts can adjudicate on policy matters, specifically on funds already earmarked for parliamentary constituencies.

Apex court sets Nov 5 to hear Syed Saddiq's bid to reinstate legal action over Muar constituency allocation

CIMB Group Holdings Bhd (KL:CIMB) on Thursday “categorically” denied planning to privatise its Indonesian unit.

CIMB denies plans to privatise Indonesian unit

(Oct 22):&nbsp;Malaysia has given the go-ahead for a batch of unprocessed rare earths to be exported, the first approval under a new framework designed to permit testing and potentially encourage investments in local capacity.

Malaysia allows first export of raw rare earths under new rules

KUALA LUMPUR (Oct 22): The government is still finalising a natural gas roadmap that will guide the development of Malaysia’s gas sector through energy transition.

Malaysia’s natural gas roadmap still being finalised, launch set for 4Q

PUTRAJAYA (Oct 22): The Malaysian Highway Authority (LLM) and TuJu's developer are working to identify the cause of disruptions to the navigation app, restore system stability and increase its capacity to accommodate more users.

Malaysian Highway Authority, TuJu developer address app disruptions amid user surge

Wall Street’s wagers on artificial intelligence regained traction, with stocks rising in late hours as solid results bolstered confidence in the trade that has powered the bull market.

Stocks climb in late hours on Meta’s big AI wagers

KUALA LUMPUR (Oct 22): Palm oil prices will stay firm above RM4,600 per tonne next month on stronger exports and seasonal output decline, said a Malaysian industry council.

Palm oil to stay above RM4,600 in November on stronger export, output decline — MPOC

NEW YORK (Oct 21):&nbsp;Federal Reserve Chair Kevin Warsh wasn't nominated to raise rates, but he did so anyway. Now, cash investors are asking why money market fund yields have lagged. The answer is mechanics, not malfunction.

Warsh and his colleagues on the ​Federal Open Market Commit...

Opinion: Why is capital leaving money market funds as rates rise?

(Oct 21): The Federal Reserve can substantially shrink its balance sheet if it overhauls its rate control toolkit to provide liquidity on demand, if those alterations are in made in conjunction with rule changes that allow ​banks to hold lower levels of cash on hand, says a new<a data-testid="Lin...

Brookings paper offers broad plan to shrink Fed balance sheet

(Oct 21):&nbsp;Netflix's&nbsp;cut to ​its advertising sales forecast is fuelling concerns that its growth engine is losing steam, threatening the ‌edge that made it a model for the media industry.

Shares of the company fell nearly 5% in Wednesday afternoon trading after Netflix forecast...

Netflix's ad stumble deepens fears its growth is hitting a wall

(Oct 21):&nbsp;Electronic Arts is planning to close BioWare, the developer of the "Mass Effect" series ​of games, and lay off employees ‌to focus on more lucrative projects, the company said on Wednesday in an email to employees.

EA said it would cancel an ​early-stage "Mass Effect" pro...

EA to shutter BioWare studio, cut jobs as it narrows game slate

MELBOURNE/BENGALURU (Oct 22): Australia's Fortescue warned on Thursday that its operations could be hit if talks with China's state-backed buyer did not conclude by year-end, as the world's fourth-largest iron ore miner released results that showed sales lagging shipments.

Australia's Fortescue warns of possible operations hit as China state buyer talks rumble on

Westports Holdings Bhd (KL:WPRTS) climbed on Thursday towards its highest in more than a month as investors cheered a better-than-expected quarter at the port operator.&nbsp;

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Search Results

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

Search Results

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌