The global sugar market supply deficit, or the gap between production and demand, was projected on Tuesday to grow to 6.28 million tonnes, three million tonnes more than a previous estimate, according to market analyst Green Pool Commodities.

Global sugar market supply deficit to grow sharply, analyst says

Volkswagen AG’s truck unit Scania AB is speeding up plans to make electric trucks at its new Chinese factory as record diesel prices fuel a faster-than-expected switch in the world’s biggest market.

VW’s Scania hastens China e-truck push as drivers abandon diesel

The Road Transport Department (JPJ) has denied the authenticity of a TikTok advertisement offering driving licences without the need to take a test.

No driving licences without tests: JPJ warns against fake TikTok promotions

Property developer Magna Prima Bhd (KL:MAGNA) proposes to change its name to Hallson Group Bhd, subject to shareholders’ approval.

Magna Prima proposes name change to Hallson Group

Gamuda Bhd (KL:GAMUDA) has signed an agreement with the Perak government to develop and operate the Northern Perak Water Supply Scheme, which will transfer up to 1,500 million litres per day (MLD) of raw water from Sungai Perak to Bukit Merah Dam.

Gamuda signs agreement with Perak government for 1,500 million litres per day water supply scheme

ACE Market-bound RedPlanet Bhd saw higher contributions from its main information communications technology (ICT) segment as the group posted a 22.1% increase in net profit to RM6.33 million for the financial year ended June 30, 2026 (FY2026).

ACE Market-bound RedPlanet’s FY2026 net profit rises 22%

General Motors Co narrowed its full-year profit forecast and said it will buy back another US$20 billion (RM82 billion) in stock, reflecting strong cash flows even as the carmaker’s sales are softening.

General Motors narrows 2026 outlook, approves US$20 bil share buyback

Qualcomm will cut jobs globally in a "performance-focused reduction" following its annual employee reviews, chief executive officer Cristiano Amon told staff in a memo on Monday reviewed by Reuters, with notifications set to begin in November.

Qualcomm to cut jobs worldwide in performance-focused lay-offs, internal memo shows

Civil service pensions manager Retirement Fund (Incorporated) (KWAP) has sold 11.4 million shares in CTOS Digital Bhd (KL:CTOS) amid a small rebound in the credit reporting agency's share price.

KWAP sells RM4.1 mil worth of CTOS Digital shares 

An outage at Google Cloud knocked out banking services in the UK including Revolut Ltd early on Tuesday.

Google Cloud outage takes down Revolut and other banks in UK

Serba Dinamik Holdings Bhd founder Datuk Mohd Abdul Karim Abdullah has been placed on an Interpol Red Notice to help locate and arrest him.

Serba Dinamik founder Abdul Karim on Interpol Red Notice, says Anwar

Existing laws governing Malaysia's financial and enforcement agencies are adequate to tackle corporate crime, said Prime Minister Datuk Seri Anwar Ibrahim on Tuesday, stressing that effective enforcement depends on clear leadership direction and political will.

Anwar cites three cases of owners forced to sell their firms over politics post-Asian Financial Crisis

Malaysia Rail Link Sdn Bhd (MRL) will offer a 30% discount on East Coast Rail Link (ECRL) economy-class tickets for one month to mark the launch of the service on Dec 12.

Loke: 30% discount on ECRL economy-class tickets for first month of operations

Perikatan Nasional was deregistered by the Registrar of Societies on Tuesday, throwing a spanner in the coalition's election machinery ahead of the Nov 14 Melaka polls.

Registrar of Societies deregisters Perikatan Nasional as Melaka polls loom

Attorney General Tan Sri Mohd Dusuki Mokhtar has confirmed that Malaysian Border Control and Protection Agency director general Datuk Seri Mohd Shuhaily Mohd Zain will face charges over the alleged assault of two policemen at Kuala Lumpur International Airport (KLIA).

AG confirms Border Control DG Shuhaily to face charges for voluntarily causing hurt

KUALA LUMPUR (Oct 20): Malaysia is considering a waiver of export tax on crude palm oil as a way to boost shipments and whittle down record-high inventories, Bloomberg reported.

Malaysia considers waiving palm oil export taxes to clear glut — Bloomberg

DURING the Covid-19 lockdown, Datuk Seri Andrew Tan Jun Suan, managing director and 53.86% shareholder of Tanco Holdings Bhd (KL:TANCO), was at his beachside resort in Port Dickson, pondering over a long-standing plan to build an integrated resort city that required a large investment.

...

From beach resort to seaport — is Tanco for real?

Prime Minister Datuk Seri Anwar Ibrahim has dismissed the allegation that a minister had solicited RM9.5 million in connection with the “corporate mafia” controversy as a mere “political statement unsupported by evidence”.

Allegation minister solicited RM9.5m in 'corporate mafia' case just a political statement, says Anwar

Prime Minister Datuk Seri Anwar Ibrahim on Tuesday said the government will establish a special committee chaired by the attorney general to investigate corporate crime.

Anwar: Govt to set up special committee to investigate corporate crime, chaired by attorney general

SINCE the beginning of the year, Sunway Bhd (KL:SUNWAY) shares have declined more than 20%. From a record high of RM5.98 in February this year, the stock has fallen by almost 30%, coming on the heels of Sunway’s failed bid earlier this year to take over rival IJM Corp Bhd (KL:IJM) for RM3.15 bill...

Sunway shares slide as investors await fresh rerating catalysts

KUALA LUMPUR (Oct 20): National shuttler Lee Zii Jia and his family members have settled an ongoing court tussle involving his company LZJ Management Sdn Bhd.

National shuttler Lee Zii Jia settles court tussle against father, family over his company

Electrical engineering firm SKA Capital Bhd has priced its shares at 43 sen per share for its ACE Market listing.

SKA Capital aims to raise over RM100 mil from ACE Market IPO

Maybank Investment Bank Bhd is the most bullish among 12 analysts surveyed by Bloomberg covering Solarvest Holdings Bhd (KL:SLVEST), citing the group's track record of bagging 30% of Malaysia's current solar jobs as another RM20-RM25 billion in contracts are in the pipeline.

Maybank IB expects Solarvest stock to shine amid solar construction boom, ups target price to RM5.68 

<h2>Notable filings</h2>

Over the week of Sept 28 to Oct 2, notable filings on shareholding changes among Bursa Malaysia-listed companies included those at Avangaad Bhd (KL:AVANGAAD).

Sindora Bhd and Kulim (M) Bhd, both controlled by Johor Corp Bhd, the investment ar...

Insider Moves: Avangaad Bhd, Greatech Technology Bhd, Inari Amertron Bhd, Johor Plantations Group Bhd, Southern Cable Group Bhd, IJM Corp Bhd

The Court of Appeal has upheld a Kuala Lumpur High Court summary judgment that had been entered against Indonesian businessman Datuk Jovian Mandagie over a friendly loan of about RM5 million each given by two companies.

COA upholds summary judgment on Ismail Sabri’s former son-in-law Jovian Mandagie

Big Caring Group Bhd plans to launch its share sale this month in a bid to raise some RM2.45 billion, the Wall Street Journal reported.

Big Caring to launch Main Market IPO by end-October to raise some RM2.45b — report

The government is finalising the State-owned Enterprises Bill to tighten the regulation, governance and financial management of government bodies and agencies, with the aim of having it tabled and passed in the Dewan Rakyat this year.

State-Owned Enterprises Bill targeted for tabling and approval this year — PM

Prime Minister Datuk Seri Anwar Ibrahim on Tuesday denied that prosecutions over questionable transactions in the Federal Land Development Authority (Felda) were selective, saying that investigations needed time but were never blocked.

Anwar rejects selective prosecution claims in Felda probe, says investigations take time

A waiver of export tax on palm oil reportedly under consideration could help Malaysia claw back some market share from Indonesia, an analyst said on Tuesday.

Palm oil export tax waiver could help Malaysia regain market share, says analyst

KUALA LUMPUR (Oct 20): SD Guthrie Bhd (KL:SDG) on Tuesday denied allegations that its subsidiaries or employees caused forest and land fires in Indonesia.

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