ORLANDO, Florida (Oct 8): Stocks mostly fell on Thursday, with US tech and AI chalking up notable losses as worries intensified over the AI revolution's profitability. Oil prices rose sharply, shrugging off a pledge by US President Donald Trump not to attack Iran before the November 3 US mid...

Opinion: The pAIn trade strikes

(Oct 8): 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

SYDNEY (Oct 9): Australia's Firmus, a data centre operator backed by Nvidia, shelved its US$5 billion initial public offering, citing market volatility and conditions, and said it would opt for a private fundraising round instead.

Nvidia-backed Firmus scraps US$5 bil Australian IPO on weak demand

YOUR DAY AHEAD: Oct 9, 2026

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

YOUR DAY AHEAD: Oct 9, 2026 

Oil fell after President Donald Trump said the US would not attack Iran ahead of November’s midterm elections. 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

Asian tech stocks are set to come under pressure, tracking a selloff in US chipmakers as speculation over OpenAI’s revenue revived concerns about the sustainability of the artificial-intelligence spending boom.

Asian stocks set to fall on tech, oil edges lower

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): Here is a brief recap of some business news and corporate annoucements that made the headlines on Thursday:

SD Guthrie Bhd (KL:SDG) has resolved its five-year legal dispute with the Penang Development Corporation (PDC) involving the compulsory acquisition of...

SD Guthrie, DNeX, Batu Kawan, MKH, MISC, Exsim Hospitality, GDB, Cyberjaya Education, Life Water, MTAG, UWC & Al-‘Aqar Healthcare REIT

Emotions ran high in the Coroner’s Court here on Thursday as the cheerful voice of the late Zara Qairina Mahathir, speaking affectionately to her mother, echoed through the courtroom during the inquest into the Form One student’s death.

Mother chokes up as Zara Qairina’s ‘voice’ fills courtroom during inquest

KUALA LUMPUR (Oct 9): Here is a brief recap of some business news and corporate annoucements that made the headlines on Thursday:

SD Guthrie Bhd (KL:SDG) has resolved its five-year legal dispute with the Penang Development Corporation (PDC) involving the compulsory acquisition of...

Cyberjaya Education Group Bhd (KL:CYBERE) is acquiring 24,777 square metres of vacant freehold commercial land in Sepang for RM15 million in cash to support its university’s expansion and future student facilities.

Cyberjaya Education buys Sepang land for RM15m to support university growth

Asian countries are racing to raise their oil stockpiling capacity, complete a regional power grid and speed up renewables in response to supply risks laid bare by the Iran war.

Asia races to stockpile oil, speed up renewables in response to Iran war

The US government is suspending Microsoft, Adobe and several large IT firms from a programme that allows skilled foreign workers to gain permanent residency, senior US officials announced on Thursday, citing alleged fraud, and as part of an effort to push companies to hire more Americans.

US suspends Microsoft, major IT firms from key green card programme

Fitters Diversified Bhd (KL:FITTERS) is proposing to sell its wholly-owned palm oil unit to raise cash for redeployment into other core divisions.

Fitters Diversified eyes sale of palm oil unit to redeploy funds into core businesses

&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

US stocks edged lower on Thursday as soaring oil prices and Treasury yields near multi-year highs stoked inflation worries on the cusp of a critical earnings season expected to test recent market gains.

Wall Street slips as higher yields and oil prices flag inflation risk

&nbsp;Asian tech stocks are set to come under pressure, tracking a selloff in US chipmakers as speculation over OpenAI’s revenue revived concerns about the sustainability of the artificial-intelligence spending boom.

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.

Al-`Aqar Healthcare REIT (KL:ALAQAR) has lodged two sukuk programmes with a combined limit value of RM3 billion to fund investments, refinance Islamic financing and meet working capital requirements.

Al-‘Aqar Healthcare REIT lodges sukuk programmes with combined RM3 bil limit

OpenAI opened ChatGPT advertising to Malaysian businesses on Sept 23, signalling a new channel for reaching customers. But with policies generally prohibiting financial services ads outside the US, local financial services providers are largely locked out of buying visibility.

Commentary: Who wins when customers turn to AI search?

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

Emotions ran high in the Coroner’s Court here on Thursday as the cheerful voice of the late Zara Qairina Mahathir, speaking affectionately to her mother, echoed through the courtroom during the inquest into the Form One student’s death.

American Airlines Group Inc plans to extend Elon Musk’s Starlink satellite internet service to more than 1,000 mainline aircraft, as US carriers compete to offer faster in-flight WiFi.

American Airlines to expand Starlink WiFi across entire fleet

Starbucks has explored a takeover of Chipotle Mexican Grill, the Financial Times reported on Thursday, citing sources familiar with the matter.

Starbucks explored Chipotle takeover, FT reports

SYDNEY (Oct 9): Australia's Firmus, a data centre operator backed by Nvidia, shelved its US$5 billion initial public offering, citing market volatility and conditions, and said it would opt for a private fundraising round instead.

US wholesale inventories increased less than initially thought in August as strong demand boosted sales, government data showed on Thursday.

US August wholesale inventories revised lower

PKR is finalising its list of candidates who will contest in the 16th Melaka state election on Nov 14, said its vice president Datuk Seri R Ramanan.

PKR finalising list of candidates for Melaka polls — Ramanan

(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...

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