The government is developing a sovereign artificial intelligence (AI) cloud to ensure the country’s classified information remains secure and beyond the reach of foreign laws and policies, said Communications Minister Datuk Seri Fahmi Fadzil.

Sovereign AI cloud crucial to protecting country's digital sovereignty — Fahmi

Discussions on the list of Pakatan Harapan (PH) candidates for the Melaka state election are over 95% complete, said PH Communications director Datuk Seri Fahmi Fadzil.

Fahmi, who is also Communications Minister, said PH has scheduled its candidate announcement for Oct 24, with the venue to be confirmed later.

Melaka polls: PH candidate list discussions more than 95% complete — Fahmi

Chinese automakers looking to expand production capacity in Europe have ruled out Italy because of a lack of suitable factories, Italian industry minister Adolfo Urso said on Wednesday.

Chinese producers are looking to establish manufacturing plants inside the European Union as Brussels works on rules that will set minimum local content limits for electric vehicles sold in the bloc.

No auto plants available in Italy for Chinese purchase, Italian minister says

A total of 27 data centre projects with an estimated investment of RM225.97 billion have been approved under the data centre task force (DCTF) up to July 2026, according to the Digital Ministry.

Twenty-seven data centre projects worth RM226b greenlit by task force — Digital Ministry

Here is a brief recap of some business news and corporate announcements that made headlines on Wednesday:

EcoSys, Gamuda, Epicon, AWC, JAG, Genting, Infomina, Bus Cap, IHH Healthcare

EcoSys (Malaysia) Bhd's (KL:ECOSYS)  shares almost tripled in value on its first day of listing on the ACE Market amid strong demand for a piece of the semiconductor services firm.

EcoSys shares almost triple in value on ACE Market debut

Wall Street's main indices edged lower on Wednesday after a hotter-than-expected inflation report boosted bets of an interest rate hike this month, while investors parsed more big bank earnings.

Wall Street slides as hot CPI data fuels rate-hike bets; chips, banks weigh

Yields on US Treasuries climbed across durations on Wednesday after consumer prices accelerated in September ramping up expectations that the Federal Reserve will have to increase interest rates to try to tame stubborn inflation.

US yields jump as hot consumer inflation boosts rate hike bets

Lembaga Tabung Haji is proposing amendments to the Tabung Haji Act 1995 to bar active politicians from its board.

Tabung Haji mulls legislative changes to ban politicians from board     

A week after a fellow backbender urged the federal government to reject any airline bailout requests, Putatan MP Datuk Shahelmey Yahya called on Putrajaya to step in to help address AirAsia Group Bhd's (KL:AAGB) financial woes.

Sabah MP urges govt intervention over AirAsia woes just days after fellow MP warned Putrajaya against bailouts

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

A week after a fellow backbender urged the federal government to reject any airline bailout requests, Putatan MP Datuk Shahelmey Yahya called on Putrajaya to step in to help address AirAsia Group Bhd's (KL:AAGB) financial woes.

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

The Malaysian Anti-Corruption Commission (MACC) on Wednesday summoned Datuk Seri Nazir Hussin Akhtar Husin, his wife and an aide to its headquarters here to assist in an investigation into alleged misappropriation and abuse of position involving an investment deal worth about RM10 million.

MACC summons Nazir Hussin, wife, aide over RM10 million investment deal

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.

Malay rulers urge outsiders not to politicise Negeri Sembilan throne dispute

Here is a brief recap of some business news and corporate announcements that made headlines on Wednesday:

Former energy minister Yeo Bee Yin has sought government clarification on a reported increase in effective grid access charges under the Corporate Renewable Energy Supply Scheme (CRESS) and warned that reversing last month’s announcement would undermine investor confidence.

Former energy minister seeks answer on reported CRESS charge reversal, warns of investor fallout

A total of 27 data centre projects with an estimated investment of RM225.97 billion have been approved under the data centre task force (DCTF) up to July 2026, according to the Digital Ministry.

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 

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

Disputes over royal succession in Negeri Sembilan must be resolved in accordance with adat or customary law and legal provisions, rather than personal interests, Yang Dipertuan Besar Tuanku Muhriz Tuanku Munawir said on Wednesday.

His Royal Highness stressed that the authority of the royal institution must be upheld through integrity, justice and responsibility, warning that actions contrary to established customs could undermine public confidence and threaten the state's stability.

Tuanku Muhriz: Royal succession disputes must follow adat, law

AWC Bhd (KL:AWC) said on Wednesday it has secured a RM40 million subcontract for plumbing and sanitary works at a hyperscale data centre in Bandar Spring Hill, Port Dickson, Negeri Sembilan.

AWC bags RM40m subcontract for plumbing, sanitary work at Port Dickson data centre

JAG Bhd (KL:JAG) said it is acquiring a freehold industrial land in Shah Alam for RM36.89 million cash to expand its total waste management business.

JAG acquires industrial land in Shah Alam to expand total waste management business

Yields on US Treasuries climbed across durations on Wednesday after consumer prices accelerated in September ramping up expectations that the Federal Reserve will have to increase interest rates to try to tame stubborn inflation.

Lawyers representing Home Minister Datuk Seri Saifuddin Nasution Ismail told the Court of Appeal on Wednesday that he did not defame Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor.

Saifuddin Nasution denies defaming Sanusi, argues damages should be reduced if liability upheld

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

Wall Street's main indices edged lower on Wednesday after a hotter-than-expected inflation report boosted bets of an interest rate hike this month, while investors parsed more big bank earnings.

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

KUALA PILAH (Oct 14): The Yang di-Pertuan Besar of Negeri Sembilan, Tuanku Muhriz Tuanku Munawir, on Wednesday accepted the declaration of the installation of Datuk Azrin Khairi as the 17th Undang of Jelebu in a ceremony at Istana Besar Seri Menanti.

Tunku Ampuan Besar of Negeri Sembila...

Azrin Khairi installed as 17th Undang of Jelebu

Singapore-based data centre developer DayOne said on Wednesday its total billings exceeded one gigawatt (GW), a day after financing for its expansion in Malaysia was increased to US$7.2 billion (RM29.4 billion).

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Search Results

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

Search Results

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌