Gabungan Parti Sarawak (GPS) chairman Tan Sri Abang Johari Tun Openg has been given full mandate to decide on the coalition’s candidates for the 13th Sarawak state election (PRN13).

Abang Johari given full mandate to decide on GPS candidates — Uggah

European Central Bank president Christine Lagarde urged Europe on Wednesday to boost climate-related insurance, invest more in power infrastructure and help companies generate their own electricity, saying last summer's extreme heat should serve as a warning.

ECB's Lagarde urges climate resilience drive after scorching summer

Copper climbed as stock markets turned higher and the dollar dropped after US midterm elections that saw the Democrats sweep Congress.

Copper follows stock markets higher as democrats sweep congress

Chinese banks applied for more than 200 billion yuan (US$30 billion or RM121.9 billion) in loan quotas this week to fund share purchases by listed companies, the central bank said on Wednesday, as Beijing steps up support for a struggling stock market.

Chinese banks apply for US$30b worth of loan quota to fund share purchases  

HeiTech Padu Bhd (KL:HTPADU) has appointed Raki CS Tan & Ramanan as its new external auditor, following the resignation of SBY Partners PLT in September.

HeiTech Padu appoints new external auditor after SBY Partners' resignation

Crédit Mutuel Arkéa said hackers stole money from it after gaining access to its computer systems, underscoring the growing cybersecurity risks for the banking sector.

Cyberattackers drain money from French bank Credit Mutuel Arkea

Country Heights Holdings Bhd (KL:CHHB) has failed to attract bidders for a second land auction involving its properties, initiated by its creditors amid the group's ongoing loan defaults.

Country Heights fails to attract bidders for PJ land in second unsuccessful auction this year

NEWS: Paramount partners Mitsui Fudosan for RM1.34 bil project

Property developer KEB Bhd's initial public offering (IPO) is fully subscribed, with applications for its Malaysian public portion reaching 1.01 times the shares available ahead of its ACE Market listing on Nov 16.

KEB's IPO fully subscribed ahead of Nov 16 listing

JPMorgan Asset Management's Bob Michele has some advice for Treasury Secretary Scott Bessent: get rid of the 20-year bond.

JPMorgan’s Michele urges Treasury to axe ‘orphan’ 20-year bond

Several major roads and areas in Selangor were affected by flash floods following continuous heavy rain since early Wednesday, with a bridge along Jalan Kubu Gajah spanning Sungai Subang in the Petaling district collapsing.

Flash floods affect several Selangor roads, bridge collapses

Tan Sri Muhammad Shafee Abdullah, the lead defence counsel for imprisoned Datuk Seri Najib Razak, said that he has no knowledge of rumours that the former prime minister is expected to pay the RM50 million fine on Wednesday, which would pave the way for Najib to start serving his house arrest.

Shafee says no knowledge Najib to pay RM50m fine today

The group of six Negeri Sembilan deposed Undangs and chieftains will have to answer the committal proceedings at the Seremban High Court.

Negeri Sembilan’s deposed Undangs, chieftains fail to stop committal proceedings

Global stocks swung between gains and losses on Wednesday as investors weighed the prospects of tougher regulation, higher taxes and oversight of areas such as artificial intelligence (AI)&nbsp;and cryptocurrencies, after the Democratic Party swept the US midterm elections.

Investors poised for gridlock with Trump as Democrats sweep Congress

Non-bank financial institutions (NBFIs) do not fall under the regulatory framework of the Securities Commission Malaysia (SC), the Ministry of Finance (MOF) said.

LTAT, EPF, KWAP, Socso and Amanah Raya not under SC regulatory framework — MOF

Oriental Kopi Holdings Bhd (KL:KOPI) appears unscathed from a public uproar over its menu language, with little impact on revenue and minimal cost, said an analyst.

Business as usual at Oriental Kopi despite menu language uproar — analyst

If Bank Negara Malaysia (BNM) implements a surprise overnight policy rate (OPR) hike on Thursday, banks with higher domestic loans and floating-rate loans would be the primary beneficiaries while leaving other banks behind, according to an analyst from BIMB Securities Sdn Bhd.

Alliance Bank and AMMB to benefit most if OPR hiked unexpectedly — BIMB

SINGAPORE (Nov 4): UOB announced net profit of S$1.25 billion for the 3QFY2026 ended Sept 30, down 15% quarter-on-quarter and 10% below the Street’s forecast of S$1.376 billion as other non-interest income (non-II) fell by 41% q-o-q to S$370 million.&nbsp;

UOB's 3Q net profit 10% below expectations due to 41% decline in non-interest income

The Malaysian Anti-Corruption Commission (MACC) has arrested three individuals, including a Datuk, for allegedly offering about RM1 million in bribes to police personnel.

Businessman with 'Datuk' title among three held over alleged RM1m bribes to police

Google will invest US$15 billion (RM61 billion) in Malaysia over the next two years, covering energy efficient data centres, upskilling 800,000 Malaysians, water security and one gigawatt of clean energy.

Google to invest U$15b in Malaysia in 2027 and 2028

IOI Corp Bhd (KL:IOICORP) is looking to lease out more of its plantation land for solar projects as it seeks to diversify its income streams beyond palm oil, said group managing director and CEO Datuk Lee Yeow Chor.

IOI Corp eyes leasing more plantation land for solar projects to diversify income stream

Malaysia’s bond market, highly-convinced of a policy rate hike this week, will be proven wrong once again, according to BIMB Securities.

BIMB Securities: Bond market will be proven wrong on BNM’s rate decision

Sime Darby Property Bhd (KL:SIMEPROP) is laying the groundwork for its future growth, as it explores two primary avenues for expansion, including a potential&nbsp;real estate investment trust (REIT)&nbsp;listing by 2028, according to Maybank Investment Bank.

Sime Darby Property mulls REIT listing by 2028, to bank on heavy industrial parks, says Maybank IB

As court payment counters closed for the day, imprisoned former prime minister Datuk Seri Najib Razak has yet to pay the RM50 million fine which would pave the way for him to start serving the remainder of his prison sentence at home.

Najib yet to pay RM50m fine as court payment counters close for the day

The government on Wednesday announced the formation of an independent board to provide leadership, oversight, and monitoring of MediAsas plans moving forward.

Govt forms independent MediAsas board

KUALA LUMPUR (Nov 4): Yes Group Management Bhd is accepting applications for its shares at 18 sen per share for the travel agency’s listing on the ACE Market.

Travel agency Yes Group launches ACE Market IPO at 18 sen per share

Velesto Energy Bhd (KL:VELESTO) said on Wednesday it has secured a contract for its jack-up drilling rig Naga 3 to serve national oil and gas company PETRONAS.

Velesto gets contract for Naga 3 drilling rig

The Court of Appeal has given the prosecution until February&nbsp;3 to make further efforts to locate Muhammed Yusoff Rawther and serve him a notice to attend the hearing of its appeal against his acquittal on charges of drug trafficking and possession of fake pistols.

Court gives prosecution more time to locate Yusoff Rawther for acquittal appeal, rejects Zoom hearing to avoid setting precedent

Paramount Corporation Bhd (KL:PARAMON) said on Wednesday it will jointly develop serviced apartments with Japanese firm Mitsui Fudosan.

Paramount partners Mitsui Fudosan to develop RM1.3 bil residential project, targets 60% take-up in first year

Princeton Digital Group (PDG) has secured US$1.3 billion (RM5.3 billion) in green financing for its JH1 campus in Johor.

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