A Philippine national, believed to be the mastermind of a drug smuggling syndicate, booked a private jet linked to the seizure of 521kg of methamphetamine in Laos on Sept 23, about one week prior to the incident.

Private jet booking in Laos drug seizure made by a Philippine national — NCID

Singapore’s Formula 1 race will go ahead this weekend despite haze from Indonesian wildfires that has choked the city for weeks, pushing it to the top of the global rankings for air pollution.

F1 says Singapore race will go ahead despite Indonesia haze

The Malaysian Immigration Department (JIM) detained 20 individuals aged between 23 and 47 during a special operation in Taman Datuk Ahmad Razali here on Thursday over suspected involvement in a syndicate abusing foreign worker quotas.

Immigration Dept nabs 20 in probe into alleged foreign worker quota abuse syndicate

SYDNEY (Oct 9): Australia's Firmus, a data centre operator backed by Nvidia, shelved its US$5 billion initial public offering on Friday, opting for a private fundraising round ahead of a potential New York share sale.

Nvidia-backed Firmus scraps US$5 bil Australian IPO as investors step up AI scrutiny

The Securities Commission Malaysia (SC) on Thursday charged a former unit trust consultant and Private Retirement Scheme (PRS) consultant at the Ipoh Magistrate’s Court for offences relating to unlicensed capital market activities.

Former unit trust, PRS consultant charged with dealing in securities without licence

Malaysia’s wholesale and retail trade recorded sales of RM173 billion in August 2026, an increase of 10.5% year-on-year (y-o-y), said the Department of Statistics Malaysia (DOSM).

Wholesale, retail trade sales rise 10.5% to RM173 bil in August — DOSM

BENGALURU (Oct 9): SoftBank Group CEO Masayoshi Son is seeking to raise up to US$100 billion from Gulf investors to fund a new wave of AI investments, the Financial Times reported on Friday, citing people familiar with the matter.

SoftBank seeks up to US$100 bil from Gulf investors for AI push, FT reports

The tabling of Budget 2027 on Friday is expected to further strengthen the national economy, ease the people's cost-of-living burden, and safeguard national peace and stability.

Budget 2027 expected to strengthen economy, ease people’s burden, says Saifuddin

The Pilgrims Fund Board has implemented 13 of the 17 recommendations proposed by the Royal Commission of Inquiry (RCI) into Lembaga Tabung Haji (TH) that fall under the responsibility of the statutory body.

 Tabung Haji implemented 13 of 17 recommendations by RCI 

KUALA LUMPUR (Oct 9): A former company director of a property development company has been charged with criminal breach of trust (CBT) for transferring RM100,000 of company funds to himself for a non-existent "director fee".

Former property development company director charged with CBT for transferring RM100k to himself for non-existing 'director fee'

KUALA LUMPUR (Oct 8): Klang member of Parliament (MP) V Ganabatirau has filed a defamation suit at the High Court here against independent preacher and activist Firdaus Wong over social media postings questioning the lawmaker's loyalty to the country.

Klang MP Ganabatirau sues Firdaus Wong over social media posts questioning his loyalty to Malaysia

KUALA LUMPUR (Oct 9): Dagang NeXchange Bhd (KL:DNEX) could see renewed investor interest after settling its long-running legal dispute over semiconductor subsidiary SilTerra Malaysia Sdn Bhd, removing a major uncertainty that has weighed on the stock, according to TA Securities.

DNeX's SilTerra legal settlement clears path for growth, says TA Securities

&nbsp;Oil fell after President Donald Trump said the US would not attack Iran ahead of November’s midterm elections.&nbsp;West Texas Intermediate dropped toward US$91 barrel after climbing 3.6% on Thursday, while Brent closed above US$104

Oil declines after Trump says no Iran attacks before midterm

SINGAPORE (Oct 9): Asian stocks slipped on Friday and were poised for a second straight weekly drop as investors fretted about elevated energy prices, bond market ructions and the huge sums needed to fund AI investment.

Tech stocks struggle on AI spending worries, elevated yields

A selloff in chipmakers weighed on stocks as speculation around OpenAI’s revenue revived worries that the artificial-intelligence spending spree is becoming harder to justify.

S&P 500 falls as reports on OpenAI sink chipmakers

KUALA LUMPUR (Oct 9): A former company director of a property development company has been charged with criminal breach of trust (CBT) for transferring RM100,000 of company funds to himself for a non-existent "director fee".

The worsening haze in Malaysia could disrupt manufacturing operations, affect worker attendance and drive up business costs, according to the Federation of Malaysian Manufacturing (FMM).

Haze threatens manufacturing productivity, raises business costs — FMM

Oriental Kopi Holdings Bhd (KL:KOPI) could see its share price rise by more than 50%, according to CGS International Securities (CGSI), which expects the cafe operator's expansion and growing packaged food business to drive stronger earnings over the next few years.

CGSI sees over 50% upside for Oriental Kopi on expansion, earnings growth

SYDNEY (Oct 9): Australia's Firmus, a data centre operator backed by Nvidia, shelved its US$5 billion initial public offering on Friday, opting for a private fundraising round ahead of a potential New York share sale.

ORLANDO, Florida (Oct 8):&nbsp;US stocks and bonds currently appear highly stretched on several key measures, suggesting investors should tread with extreme caution. The big question is whether we may be at, ​or near, an inflection point.

Wall Street's record-breaking highs mask histori...

Opinion: Five charts sounding the alarm for stretched US markets

SEOUL (Oct 9): The Chinese developer of ARTEX said they have converted the AI agent to a closed-source project after cybersecurity firms identified it as a tool used in a recent cyberattack campaign against South Korean banks.

Chinese developer makes ARTEX AI agent closed-source after Korean bank hack

KUALA LUMPUR (Oct 9): Lestari Cooling Energy Sdn Bhd, a joint venture between KJTS Group Bhd (KL) and infrastructure-focused investment firm Stonepeak Partners, aims to use its capital expenditure (capex) model to adopt new energy-efficient technologies as they become commercially viable.

...

Preparing district cooling systems for future technologies

(Oct 8):&nbsp;Alphabet's Google Cloud on Thursday introduced the Gemini agent, a single AI agent for work ​that can answer questions, handle tasks, create content ‌and write code.

The move comes as tech companies race to sell AI that can work autonomously.

The announcement com...

Google Cloud introduces Gemini agent for work as AI race heats up

BENGALURU (Oct 8): OpenAI has told investors its annualised revenue for September was almost US$50 billion, a drop from what it signaled earlier, a person familiar with the matter told Reuters on Thursday.

OpenAI's September annualised revenue nears US$50 bil, less than previously indicated — Reuters

BERLIN (Oct 8):&nbsp;Audi's factory in Neckarsulm, one of the Volkswagen Group's four German production sites ​facing possible closure, needs a "viable" perspective to ‌secure its future, the premium brand's CEO told workers on Thursday.

"Neckarsulm boasts extensive industrial expertise...

Audi plant facing closure needs 'viable' solutions, CEO tells workers

Long on ceremony but short on substance, the eagerly anticipated summit between US President Donald Trump and China’s President Xi Jinping was a disappointment. Perhaps not a major disappointment, as expectations were generally low, and as some talk is certainly better than no talk. But on the ma...

The Asia Portfolio: Trump’s vanity summit with Xi

Gold was steady after rising moderately the previous day, as traders assessed Middle East tensions following President Donald Trump’s comments that the US wouldn’t attack Iran before November midterm elections.&nbsp;

Gold steadies as traders assess US-Iran tensions, Fed rate path

Despite the rising risks, uncertainties, and large negative supply shocks of the last two years, stock markets and the overall global economy have held up quite well. Following the shock of US President Donald Trump’s “Liberation Day” (April 2) tariffs in 2025 came this year’s Iran War, which cau...

After the Storm: Why Is the Global Economy So Resilient?

(Oct 8):&nbsp;Stock markets finally stalled on Wednesday and early Thursday as the bond crunch ground on, with the latest Federal Reserve minutes showing most policymakers in September saw more interest rate rises ahead.

Markets have ​scaled back the Fed tightening horizon a bit in rece...

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