Firefly has further extended the cancellation of flights between Subang and Singapore until Oct 16 as haze conditions worsen in the city-state.

Firefly extends Subang-Seletar flight cancellations till Oct 16

US consumer prices accelerated in September as the cost of gasoline surged, dealing another blow to President Donald Trump and his Republican Party ahead of the November 3 midterm elections and putting an interest rate increase later this month back on the radar.

US inflation heats up in September; Fed rate hike this month back on table

Japan will invest up to US$21 billion (RM85.7 billion) in two chip factories in New York state that will be jointly owned by the US government and Japanese interests and operated by GlobalFoundries, the company said on Wednesday.

Japan to invest up to US$21b in two US chip factories to be run by GlobalFoundries

More than a dozen US companies are exploring opportunities in Malaysia’s rare earths sector, including mining projects with local partners and processing facilities, according to the US Embassy in Kuala Lumpur.

More than a dozen US firms explore rare earths opportunities in Malaysia — US embassy

Netflix is cutting about 6% of its workforce, or roughly 1,000 jobs, in its biggest round of layoffs since 2022, the Wall Street Journal reported on Wednesday, citing an email sent to employees.

Netflix cuts about 6% of jobs in biggest layoff since 2022 — report

Genting Bhd (KL: GENTING) has earmarked RM280 million from its proposed RM1.25 billion rights issue to pay interest and other financing costs.

In a response to Bursa query, Genting says will use RM280m from working capital portion of rights issue for interest costs

Malaysia’s retail prices for unsubsidised RON97 and RON95 petrol will drop by five sen per litre, while unsubsidised diesel will drop by 10 sen from Thursday (Oct 15) to Oct 21.

Unsubsidised petrol down five sen, diesel down 10 sen from Oct 15 

French video games group Ubisoft said Wednesday that it planned to close a studio in Finland and cut 70 jobs in Singapore as it tries to return to profitability.

Ubisoft to close Finland studio, cut 70 jobs in Singapore

Educational institutions under the Ministry of Education (MOE) in Selangor, Negeri Sembilan, Melaka and Pahang will reopen on Thursday (Oct 15).

Schools in Selangor, Negeri Sembilan, Melaka and Pahang to reopen Thursday

US mortgage rates continue to rise, pushing down home purchasing activity for a sixth straight week.

US mortgage rates hit 7.5%, extending slump in home buying

IHH Healthcare Bhd (KL:IHH)&nbsp;is considering joining the race to buy Malaysian hospital assets being sold by TPG Inc, people with knowledge of the matter said.&nbsp;

IHH said to join race for TPG’s Malaysian hospitals

Marriage between a foreign national of the Islamic faith and a Malaysian citizen of Malay descent does not change the foreign national's ethnicity to Malay, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

Only children of foreign Muslims married to Malay Muslims can be registered as Malays — home minister

United Malacca Bhd (KL:UMCCA) said on Wednesday that&nbsp; its executive director Datuk Seri Tee Lip Sin has died at the age of 55.

United Malacca executive director Tee Lip Sin passes away at 55

The High Court here on Wednesday refused to grant former prime minister Datuk Seri Najib Razak a stay of his jail sentence in the 1Malaysia Development Bhd (1MDB) case.

Najib fails to pause 15-year jail term, fine in 1MDB case

Paper losses on Bank of America Corp’s bond portfolio rose past US$100 billion (RM408.2 billion), bringing the spotlight back on a pain point that was at the heart of the 2023 regional-banking crisis.

BofA’s bond portfolio surpasses US$100 bil in paper losses

Operator of pharmacy chains Big Caring Group Bhd (BCG) has signed a retail underwriting agreement with Maybank Investment Bank Bhd, RHB Investment Bank Bhd and AmInvestment Bank Bhd ahead of its proposed listing on the Main Market of Bursa Malaysia.&nbsp;

Big Caring Group signs retail underwriting agreement with three banks for Main Market IPO; 1.9 bil shares to be issued

Malaysia aims to table a law that will criminalise rent seeking and the government is studying potential punishment, Economy Minister Akmal Nasrullah Mohd Nasir said.

Malaysia to table legislation combating rent seeking in 2027

Hongkong Land Holdings Ltd is in discussions with Ong Beng Seng’s Hotel Properties Ltd to buy a majority stake in three buildings in Singapore’s Orchard Road shopping belt, according to people familiar with the matter.

Hongkong Land to seek stake in tycoon Ong Beng Seng’s Singapore assets — Bloomberg

In scenes reminiscent of the post-apocalyptic film Mad Max, thick orange-brown haze has&nbsp;returned to Indonesia's Central Kalimantan, darkening the skies and severely reducing visibility amid the forest and land fires gripping the province.

Mad Max-like skies return as forest fires, haze grip Indonesia's Kalimantan

THE 1Malaysia Development Bhd (1MDB) scandal exposed failures that extended beyond the individuals accused of wrongdoing, raising questions about the effectiveness of the institutions and oversight mechanisms entrusted with safeguarding public funds.

The fallout has extended to auditors...

Where the buck stops when governance fails

The Madani Submarine Cable&nbsp;(Salam) project, which aims to strengthen communications connectivity between Peninsular Malaysia, Sabah and Sarawak, is expected to begin in the first quarter of 2027 (1Q2027) and be completed by 4Q2029.

Madani Submarine Cable project expected to begin in 1Q2027

Gamuda Bhd (KL:GAMUDA) said its joint venture has secured a contract worth RM3.7 billion to build the Keelung mass rapid transit system (MRT) and trackwork project in Taiwan.

Gamuda JV gets RM3.7b contract to build Taiwan urban rail system

Newly listed EcoSys (Malaysia) Bhd (KL:ECOSYS) plans to nearly double its cleanroom capacity by the end of this year to meet growing demand from existing and new customers.

EcoSys to nearly double cleanroom capacity by year end amid growing demand

Genting Bhd (KL: GENTING) has earmarked RM280 million from its proposed RM1.25 billion rights issue to pay interest and other financing costs.

Battersea Power Station Development Company Ltd has secured a £280 million (RM1.52 billion) refinancing loan from various banks for its Battersea Power Station development project.

Battersea Power Station secures £280 mil refinancing loan

A total of 1,726 housing developments have been revived by a task force for sick and abandoned projects at the end of August, the Ministry of Housing and Local Government reported.

Housing Ministry reports over 1,700 projects worth RM158 bil revived as of August

Asian data centre operator Princeton Digital Group Ltd is seeking a syndicated loan of up to US$1.2 billion (RM4.9 billion) to fund its Malaysia buildout, according to a person familiar with the matter, as the debt binge to finance artificial intelligence (AI) infrastructure continues.

Singapore’s Princeton Digital Group seeks US$1.2 bil loan for Malaysia data centre — Bloomberg

More than a dozen US companies are exploring opportunities in Malaysia’s rare earths sector, including mining projects with local partners and processing facilities, according to the US Embassy in Kuala Lumpur.

A total of 27 areas nationwide recorded unhealthy air pollutant index (API) readings as of 9am on Wednesday, with Pasir Gudang, Johor, registering the highest at 177.

Haze: Pasir Gudang worst hit as 27 areas nationwide record unhealthy readings

The Malay Rulers have urged outsiders not to interfere in or politicise the dispute over the Negeri Sembilan throne, calling for the matter to be resolved by the relevant authorities through proper legal and customary channels.

In a statement issued on Wednesday by Keeper of the Rulers' Seal Tan Sri Syed Danial Syed Ahmad on behalf of the Malay Rulers, all parties involved were urged to exercise wisdom, patience and respect for adab, adat and the dignity of the royal institution.

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