SYDNEY (Oct 6): Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs.

Asian shares track Wall Street higher, Treasury yields near multi-decade highs

GRAND ISLAND, Nebraska/WASHINGTON (Oct 5): US President Donald Trump signed an executive order on Monday to expand access to tax-exempt diesel that he unveiled from a rally stage in Nebraska.

Trump expands access to tax-exempt diesel fuel

KUALA LUMPUR (Oct 6): Rapidus Corporation has roped in Malaysian firms — GreatAsic Technology Sdn Bhd, Infinecs Systems Sdn Bhd, Oppstar Bhd's (KL:OPPSTAR) Oppstar Technology Sdn Bhd and SkyeChip Bhd (KL:SKYECHIP) — as design solution associates to support the development of its global chip ecosystem framework.

Rapidus taps four Malaysian firms as design solution associates for CORE ecosystem

Mi Material Holding Ltd has filed its draft prospectus for an SGX Mainboard listing.

Mi Material files draft prospectus for SGX Mainboard listing

KUALA LUMPUR (Oct 6): SLGC Bhd (KL:SLG) opened flat before dipping on the construction firm’s first day of listing on the ACE Market.

Construction firm SLGC opens flat then dips in ACE Market debut

SYDNEY (Oct 6): The Australian national broadcaster rejected a suggestion on Tuesday that it was too hard for AI companies to strike licencing deals to access its content and said the tech giants had probably already "scraped" its output for model training.

Australia's ABC rejects AI copyright carveout, believes already been scraped

BENGALURU (Oct 6): New World Development launched a debt exchange offer on Tuesday that would allow bondholders to swap some notes due in 2027 and 2028 for new secured debt maturing in 2032, as the Hong Kong property developer seeks to ease near-term repayment pressure and strengthen liquidity.

Property developer New World seeks to extend debt maturities with bond exchange offer

BENGALURU (Oct 6): Oil prices edged down on Tuesday as resilient Middle Eastern crude exports and a G7 emergency stockpile release eased supply concerns, though attacks by Yemen's Houthis on Saudi targets kept traders wary of risks to Gulf supplies.

Oil prices slip as traders weigh strong Mideast exports against Gulf tensions

BENGALURU (Oct 5): Data centre operator DayOne Data Centers filed for an initial public offering (IPO) in the United States on Monday, testing investor appetite for data-centre listings amid challenging market conditions.

Data centre operator DayOne reveals revenue surge in US IPO filing

KUALA LUMPUR (Oct 6): Seven years after Malaysians were made aware of the problems confronting the Federal Land Development Authority (Felda), the institution is once again at a crossroads.

Felda’s road ahead in the spotlight

A brief recap of some business news and corporate announcements that made the headlines on Monday.

Zetrix AI, Pertama Digital, HeiTech Padu, Yinson, Kelington, Go Hub Capital, Citaglobal, West River, Jati Tinggi, TNB, IJM, Asteel

Shipping bottlenecks, deep cuts in refinery output and inventory draws that could take years to replace will keep global oil prices high beyond this year, industry executives said at a conference in London on Monday.

Oil market turmoil could last for years, executives say at London conference

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

YOUR DAY AHEAD: Oct 6, 2026 

The Economy Ministry has received 9,955 new and extension&nbsp;project proposals totalling&nbsp;RM944 billion for 2027.

Economy Ministry receives almost 10,000 new, extension project proposals for 2027

KUALA LUMPUR (Oct 6): Seven years after Malaysians were made aware of the problems confronting the Federal Land Development Authority (Felda), the institution is once again at a crossroads.

SYDNEY (Oct 6): Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs.

This year’s federal budget is being prepared under a deepening election shadow. The results of state elections in Johor and Negeri Sembilan, together with shifting coalition dynamics raise questions about the diverging interests within the Madani government. This could be the final budget before a federal election and Prime Minister Datuk Seri Anwar Ibrahim doubtless hopes that it can strengthen the electoral prospects of Pakatan Harapan. &nbsp;

Opinion: Malaysia needs a sustainable budget, not a sugar hit

BENGALURU (Oct 6): Oil prices edged down on Tuesday as resilient Middle Eastern crude exports and a G7 emergency stockpile release eased supply concerns, though attacks by Yemen's Houthis on Saudi targets kept traders wary of risks to Gulf supplies.

Germany and France are urging the European Union (EU) to adopt new powers that would enable the bloc to cut off access to its single market if China or other nations destabilise trade relations.&nbsp;

Germany and France push trade weapon to deny access to China 

Malaysia is preparing to host the Global Tipping Points Conference 2026 at Sunway University from Oct 12 to 15 — the first time the conference is being held in Asia. The gathering is built around a powerful idea: systems can appear stable while pressure accumulates beneath the surface. Then a threshold is crossed and change accelerates, and becomes harder to reverse. We usually apply this logic to climate, coral reefs, ice sheets or forests. We must start applying it to ourselves.

Opinion: We are entering a hybrid tipping zone — And our ability to choose may decide which way we tip

A rally in giant technology companies drove stocks higher, overshadowing concerns about still-elevated oil prices and bond yields.&nbsp;The S&amp;P 500 rose to a striking distance of a record while the Nasdaq 100 reached a fresh peak. Political upheaval in Europe and fiscal worries drove the euro to its weakest since May 202

S&P 500 closes in on record high as tech rallies

KUALA LUMPUR (Oct 6): SLGC Bhd (KL:SLG) opened flat before dipping on the construction firm’s first day of listing on the ACE Market.

“Shame on you! My family in India are dying from drought because of you.”&nbsp;

Opinion: The cloud comes down to earth

BENGALURU (Oct 5): Data centre operator DayOne Data Centers filed for an initial public offering (IPO) in the United States on Monday, testing investor appetite for data-centre listings amid challenging market conditions.

The Commodity Futures Trading Commission (CFTC) unveiled a proposal on Monday to regulate digital asset transactions and markets.

CFTC proposes registering crypto exchanges offering leverage

KUALA LUMPUR (Oct 6): Rapidus Corporation has roped in Malaysian firms — GreatAsic Technology Sdn Bhd, Infinecs Systems Sdn Bhd, Oppstar Bhd's (KL:OPPSTAR) Oppstar Technology Sdn Bhd&nbsp;and SkyeChip Bhd (KL:SKYECHIP) — as design solution associates to support the development of its global chip ecosystem framework.

The US Supreme Court opened its new nine-month term on Monday by hearing a bid by oil companies ExxonMobil and Suncor Energy to thwart a lawsuit by officials in Boulder, Colorado, seeking monetary damages for harms caused by climate change.

US Supreme Court hears bid by oil companies to avoid climate lawsuit

BENGALURU (Oct 6): New World Development launched a debt exchange offer on Tuesday that would allow bondholders to swap some notes due in 2027 and 2028 for new secured debt maturing in 2032, as the Hong Kong property developer seeks to ease near-term repayment pressure and strengthen liquidity.

Mi Material Holding Ltd&nbsp;has filed its draft prospectus for an SGX Mainboard listing.

SYDNEY (Oct 6): The Australian national broadcaster rejected a suggestion on Tuesday that it was too hard for AI companies to strike licencing deals to access its content and said the tech giants had probably already "scraped" its output for model training.

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