A total of 24 areas nationwide recorded unhealthy air quality as of 9.30am, with Pasir Gudang, Johor, registering the highest air pollutant index (API) reading at 196.

Haze: 24 areas nationwide record unhealthy readings as of 9.30am

The Malaysian Employers Federation (MEF) has urged employers to take proactive measures to protect employees’ safety, health and welfare as haze conditions worsen, including adjusting work arrangements in line with prevailing air quality and occupational safety requirements.

MEF urges employers to strengthen workplace safety, health amid worsening haze

Chinese firms have emerged as the biggest losers of the faltering global artificial intelligence (AI) trade, a setback for Beijing’s efforts to use stock markets to supercharge its ambition of technological supremacy.

Chinese stocks turn biggest losers as global AI trade stumbles

Nvidia Corp chief executive officer Jensen Huang took a sanguine view towards the latest artificial intelligence (AI) stock-market rout, saying the benefits of the technology will soon outweigh the concerns of investors.

Nvidia CEO on AI market turmoil: ‘All of this is going to pass’

Global stocks fell modestly on Friday as markets stabilised after a sharp tech-led sell-off, while the dollar headed for a weekly loss.

Global stocks slip as dollar heads for weekly loss

Wall Street ended sharply lower on Friday, with CoreWeave, Broadcom and other artificial intelligence (AI)-related technology stocks under renewed pressure, while a jump in oil prices spooked traders heading into the weekend.

Wall Street ends down sharply; worries about AI trade and high oil prices weigh

A generation of investors grew up believing that Genting Bhd (KL:GENTING) was a cash-generating machine where nothing can go wrong even during the worst of times.

Genting loses its lustre

Chinese chipmaker CXMT Corp reported a surge in preliminary profit and sales during the first nine months of the year after global demand for memory sent prices of the components soaring.

China’s CXMT swings to profit after memory chip prices surge

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

Zetrix AI, Genting, Genting Plantation, IOI Properties, Public Bank, RHB Bank, Cape EMS, Turiya, EGH International, Westsports Holdings & Cosmos Tech 

ExxonMobil Holdings Corp is the latest oil supermajor to signal soaring third-quarter refining profits as wars in the Persian Gulf and Russia crippled fuel-making facilities causing prices to surge.

Exxon signals record refining earnings on soaring diesel prices 