BENGALURU (Oct 9): OpenAI fired three of its researchers last week after an investigation found they violated policies on handling sensitive information, the AI major said in a post on X on Friday.

OpenAI says it has fired three researchers for violating sensitive information policy

Indonesia is tightening government spending towards year-end, ordering ministries and agencies to cut unspent travel allocations by 30% as higher oil prices and costly flagship programmes put pressure on the budget.

Indonesia cuts travel spending as energy costs pressure budget

The collapse of Nvidia-backed data centre operator Firmus' US$5 billion IPO is a blow to Australia's capital markets which are already facing a shrinking pool of listed entities, investors said.

Australia's benchmark share index is heavily skewed to the Big Four banks and huge mining companies, so some money managers had hoped a big tech listing would make the market more attractive by offering more choice to investors.

Firmus US$5 bil float failure deals blow to Australia's shrinking share market

Ekniti Nitithanprapas was a young graduate student in the United States when Thailand devalued the baht in 1997, setting off the Asian financial crisis.

A loan from the International Monetary Fund and a raft of recovery measures helped Thailand find a way out of the economic morass.

Nearly 30 years after IMF rescue, Thailand faces new economic test

Oil declined after President Donald Trump said the US would not attack Iran before November’s midterm elections, signalling a period of more than three weeks for no offensive military action against Tehran.

Oil retreats as Trump rules out attacks on Iran before US midterms

SINGAPORE (Oct 9): China is set to resume October refined fuel exports after a brief halt during its Golden Week holiday, a move that will help ease tight global diesel, gasoline and jet fuel markets, four traders familiar with the matter said on Friday.

China to resume October fuel exports after holiday pause — Reuters

PMB Technology Bhd (KL:PMBTECH), a 58.78%-owned subsidiary of Press Metal Aluminium Holdings Bhd (KL:PMETAL), plans to invest RM650 million to build a silicon-aluminium (Si-Al) alloy plant in Sarawak as the group seeks to diversify away from a struggling silicon metal business.

PMB Technology plans RM650 mil silicon-aluminium alloy plant in Sarawak

BENGALURU (Oct 9): Shares of Tata Consultancy Services rose on Friday after reporting steady margins despite ramping up artificial intelligence investments, boosting confidence it can preserve profitability amid weak demand.

India's TCS rises as margins steady despite AI investments

Malaysia's industrial production index (IPI) rose 5% year-on-year (y-o-y) in August 2026, up from 4.7% in July, driven by stronger manufacturing and electricity output, the Department of Statistics Malaysia (DOSM) said.

Malaysia's IPI expands 5% in August, manufacturing sales hit RM185 bil

KUALA LUMPUR (Oct 9): theedgemalaysia.com highlighted two stocks with positive momentum and three stocks with negative momentum at Bursa Malaysia's afternoon close on Friday.

Stocks with momentum on Oct 9, 2026: L&P Global, Pantech Global, VisDynamics, Dagang NeXchange, Censof

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): 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 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

Oil declined after President Donald Trump said the US would not attack Iran before November’s midterm elections, signalling a period of more than three weeks for no offensive military action against Tehran.

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

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

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

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

The collapse of Nvidia-backed data centre operator Firmus' US$5 billion IPO is a blow to Australia's capital markets which are already facing a shrinking pool of listed entities, investors said.

Australia's benchmark share index is heavily skewed to the Big Four banks and huge mining companies, so some money managers had hoped a big tech listing would make the market more attractive by offering more choice to investors.

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. 
&nbsp;

F1 says Singapore race will go ahead despite Indonesia haze

Unisem (M) Bhd (KL:UNISEM) and its subsidiary plans to invest RM396 million to expand its semiconductor manufacturing plant in Gopeng, Perak, as the group seeks to capture growing demand for advanced chip packaging used in artificial intelligence (AI) and data centres..

Unisem plans RM396 mil second phase of Gopeng plant expansion

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

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

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

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

(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

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

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...

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