The Malaysian Communications and Multimedia Commission (MCMC) has its eyes on social media content that allegedly used artificial intelligence (AI) to manipulate footage of former prime minister Tun Dr Mahathir Mohamad grieving the death of his wife, Tun Dr Hasmah Mohamad Ali.

MCMC scrutinises AI-manipulated content featuring grieving Mahathir

(Oct 2): Advanced artificial intelligence tools may have been used in a cyberattack on South Korea’s Shinhan Bank Co that exposed information on about 25,000 customers, Yonhap News reported, highlighting the risk of automated hacking against financial institutions.

AI tools suspected in Korea’s Shinhan Bank hack, Yonhap says

Three regional lenders in northern Japan are set to begin talks on a merger that would create the area’s largest banking group, a fresh sign that industry consolidation is gaining momentum as the population declines.

Northern Japanese banks mull merger with US$82 bil in assets

GEORGE TOWN (Oct 2): Malaysia is still far from achieving its target of transforming 3,000 manufacturers into smart factories by 2030, with only 93 having successfully completed the transformation so far.

Sim: Malaysia still far from target of 3,000 smart factories by 2030

KUALA LUMPUR (Oct 2): One of the 55 Malaysians reported to have lost contact following floods and landslides in Nepal last August has been confirmed safe and has returned to Malaysia.

Nepal floods: One of 55 missing Malaysians confirmed safe, returns home

Broadcom Inc’s Wall Street syndicate is starting to gather US$60 billion (RM245 billion) of fresh artificial intelligence (AI) chip financing to benefit Anthropic PBC and other companies, according to people with knowledge of the matter.

Broadcom said to be amassing US$60 bil to fund chips for Anthropic

Prime Minister Datuk Seri Anwar Ibrahim’s PKR has lost another member of Parliament after Petaling Jaya MP Lee Chean Chung announced his resignation from the seat on Friday.

Lee Chean Chung resigns as Petaling Jaya MP, leaving PKR with only 26 seats

KUALA LUMPUR (Oct 2): All parties must strive to ensure that Islamic finance remains innovative, inclusive and globally competitive in navigating the challenging period of global and economic uncertainty, said Prime Minister Datuk Seri Anwar Ibrahim.

PM: Islamic finance must remain innovative, inclusive, globally competitive

The Securities Commission Malaysia (SC) has approved construction firm Lim Seong Hai Capital Bhd’s (KL:LSH) transfer of its listing to the Main Market from the ACE Market.

SC approves Lim Seong Hai Capital’s transfer to Main Market

A Chinese financing company owned by several local government entities has funded the purchase of restricted Nvidia Corp chips, according to documents filed with Beijing regulators, suggesting state support for an illicit trade that Washington worries is fuelling China’s artificial intelligence (AI) progress.

Chinese state-backed firm discloses deal for Nvidia Blackwell chips

KUALA LUMPUR (Oct 2): Zetrix AI Bhd (KL:ZETRIX) owes the government over RM200 million as the digital services firm failed to remit the money collected from its customers, the Straits Times reported on Friday.

Transport Ministry confirms to The Edge that Zetrix AI owes JPJ over RM200 mil

KUALA LUMPUR (Oct 2): American manufacturers operating in Malaysia are reducing their reliance on Chinese inputs and turning to local suppliers as they adapt to pressure from US tariffs, according to a survey.

US manufacturers in Malaysia shift to local suppliers, cut Chinese inputs amid tariffs, survey shows

Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup in the Gulf kept oil prices elevated.

Asian shares fall after wild swings in bonds, forex before US jobs data

Selling pressure on Malaysian large-cap stocks could persist over the next one to three months amid cautious global sentiment but is unlikely to trigger a sharp market correction, according to BIMB Securities.

KLCI selling pressure may persist, but sharp correction unlikely — analysts

Prime Minister Datuk Seri Anwar Ibrahim’s PKR has lost another member of Parliament after Petaling Jaya MP Lee Chean Chung announced his resignation from the seat on Friday.

KUALA LUMPUR (Oct 2): IOI Properties Group Bhd's (KL:IOIPG) second attempt at Shenton House is drawing less analyst concern now that the group has a clearer capital-recycling path through its Malaysian REIT and a potential Singapore REIT.

IOI Properties' second bid on Shenton House draws less caution as REITs open capital-recycling route — analysts

Petroliam Nasional Bhd’s (PETRONAS) capital allocation could come under pressure if the government seeks larger dividend contributions from the state-owned oil firm to offset higher fuel subsidy costs, according to BIMB Securities.

Larger PETRONAS dividend may weigh on long-term capital allocation — BIMB Securities

Malaysia’s top 100 technology start-ups identified by Cradle Fund Sdn Bhd collectively generated RM8.5 billion in revenue in the financial year 2024, with an average compound annual growth rate of 87% between 2021 and 2024.

Top 100 start-ups generate RM8.5 bil in revenue

（吉隆坡2日讯）据《海峡时报》周五报道，数字服务公司Zetrix AI Bhd（KL:ZETRIX）拖欠政府逾2亿令吉，原因是该公司没有上缴向客户收取的款项。

交通部向The Edge证实 Zetrix AI欠JPJ超过2亿

The first apartment came up for auction and nobody moved.

Luxury condos seized in Singapore’s biggest money-laundering case find few buyers

SINGAPORE/PERTH (Oct 2): Oil prices were broadly stable on Friday as the market weighed the possibility of renewed US-Iran tensions against signs of recovering Middle Eastern supplies this week.

Oil treads water as market weighs mixed supply signals

PUTRAJAYA (Oct 2): Berjaya Hills Resorts Bhd has filed leave to appeal to the Federal Court, over the Court of Appeal’s decision on July 16, which had ruled that state governments have the authority to determine quit rent rates without having to obtain approval from the National Land Council (NLC).

Berjaya Hills obtains stay against Pahang govt’s land forfeiture, also lodges appeal to apex court

Tenaga Nasional Bhd’s (TNB) (KL:TENAGA) customers who use up to 800 kilowatt-hours (kWh) of electricity per month will receive a pro-rata credit for the September bill adjustment, which will be credited directly to their October 2026 electricity bills.

Customers to get pro-rata credit in October 2026 bills, says TNB

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

YOUR DAY AHEAD: Oct 2, 2026 

KUALA LUMPUR (Oct 2): Gas Malaysia Bhd (KL:GASMSIA)&nbsp;aims to make a final investment decision on plans for its first regasification terminal by the second half of next year, with the facility due to come online by the end of 2030, its chief executive said.

Gas Malaysia targets investment decision on Kedah LNG terminal by second half of 2027

Zhi Ge, the alleged leader of an international insider trading ring, lost his court challenge against a US extradition request.

Singaporean insider trading suspect loses extradition fight

PUTRAJAYA (Oct 1): University students and higher education institutions will be among the key priorities in Budget 2027, which is currently being finalised, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: University students, institutions among Budget 2027 priorities

BENGALURU (Oct 2): Amazon is seeking to offload about US$8 billion of advanced Nvidia&nbsp;chips to investors through a new vehicle to strengthen its balance sheet, the Financial Times reported on Friday, citing people familiar with the matter.

Amazon seeks to offload US$8 bil of Nvidia chips to investors, FT reports

THE government will have to find more fiscal space without slapping on new taxes under Budget 2027. High energy prices are eating into some of the savings from subsidy reforms even as Putrajaya wants to cushion households, invest for growth and continue narrowing the fiscal deficit.

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Cover Story 1: Experts expect Putrajaya to sweat existing tax system 

SYDNEY/BENGALURU (Oct 2): Australian lender ANZ Group said on Friday that it would become the latest blue-chip client to dump KPMG as its auditor following the firm's whistleblower and data leak scandal.

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