Stocks came under renewed pressure in Asian trade on Tuesday and oil prices stabilised after the previous session's tumble, with investors on edge ahead of the start of voting for the US midterm elections.

Asian stocks retreat ahead of US midterms; oil steadies

theedgemalaysia.com highlighted three stocks with positive momentum and one stock with negative momentum at Bursa Malaysia's afternoon close on Tuesday.

Stocks with momentum on Nov 3, 2026: AWC, Iconic Worldwide, KKB Engineering, Seng Fong

Copper and tin fell with other industrial metals, as a renewed selloff in technology stocks in Asia weakened the demand outlook for materials used in data centers and to solder circuit boards.

Copper, tin fall with base metals on renewed AI stocks selloff

The High Court has struck out the late Tun Daim Zainuddin's family suit challenging the police investigations against them for allegedly committing activities detrimental to parliamentary democracy.

Court strikes out late Daim’s family legal bid against PM, IGP over allegations to topple govt

Indonesia will prioritise domestic energy needs over exporting electricity, according to a government minister, complicating a plan for the country to supply renewable power to Singapore.

Singaporean plan to import clean power hits Indonesian hurdle

Technology-heavy markets in South Korea and Taiwan led declines across Asia on Tuesday as disappointing US corporate earnings rattled investor sentiment globally, while regional currencies moved in different directions ahead of US midterm election results.

Asian shares fall as AI-linked sell-off deepens ahead of US midterm elections

China Vice Premier He Lifeng said China will continue to support a free and open economic environment in Hong Kong and boost offshore yuan liquidity in the financial hub.

China vows to boost yuan liquidity, back Hong Kong markets

Thailand approved a higher excise tax on some fully imported electric vehicles, stepping up efforts to protect its auto-manufacturing base and encourage automakers to produce locally.

Thailand set to approve higher EV import tax

Club Med has appointed Michelle Davies as the general manager of Club Med Singapore and Malaysia, succeeding Olivier Monceau, according to a statement on Tuesday.

Club Med appoints Michelle Davies as GM for Singapore, Malaysia and emerging markets

Former prime minister Tan Sri Muhyiddin Yassin will submit a representation to drop the charge of uttering seditious words during the Nenggiri State Legislative Assembly by-election campaign in 2024, after the Pahang Ruler granted him an audience last week.

Muhyiddin to seek withdrawal of sedition charge in 'positive development' with Pahang Palace

IOIPG Malaysia Real Estate Investment Trust has priced its shares at 96 sen apiece for its Main Market listing.&nbsp;

IOIPG Malaysia REIT sets Main Market IPO at 96 sen apiece

The Ministry of Transport said that the East Coast Rail Link (ECRL) is projected to generate some 3% annual growth for its passenger services over the next three years, while its cargo services are expected to see a sharp increase in freight income by 2029.&nbsp;

ECRL passenger revenue to grow about 3% annually in 2027-2029, cargo income to surge — Loke

BENGALURU/BEIJING (Nov 3): Oil prices edged up on Tuesday after a report that the United States had struck Iran's Qeshm Island, raising concerns about an escalation of the eight-month conflict and prolonged disruptions to Middle East oil supplies.

Oil edges up after report of US strike on Iran's Qeshm Island

Stocks came under renewed pressure in Asian trade on Tuesday and oil prices stabilised after the previous session's tumble, with investors on edge ahead of the start of voting for the US midterm elections.

Malaysia is among potential targets of cyberattacks amid the country’s growing digital infrastructure and positions on international issues, particularly Palestine and Gaza, the government warned.

Malaysia a potential cyberattack target, Anwar warns

The US carried out strikes on Iran's Qeshm Island in the Strait of Hormuz, a US official said on Monday.

US carries out 'defensive' strikes on Iran's Qeshm Island

Malaysian retailers have warned of an "existential threat" posed by foreign e-commerce in an appeal to the Ministry of Finance (MOF).&nbsp;

Malaysian retailers warn of 'existential threat' posed by foreign e-commerce in appeal to MOF

Apple warned on Monday that the cost of memory chips would continue to rise, pressuring its gross margin for the crucial holiday quarter, but said it had taken steps to lock in supplies.

Apple forecasts margin drop in holiday quarter as rising memory costs bite

Prime Minister Datuk Seri Anwar Ibrahim said on Tuesday that investigations into two failed gas pipeline projects involving a participation loan from the Export-Import Bank of China (China Exim Bank) remain&nbsp;open despite difficulties obtaining information involving both countries.&nbsp;

Probes into two failed gas pipeline projects remain open despite difficulties obtaining information — PM

BENGALURU (Nov 3): Singapore's Grab lifted its annual forecasts on Tuesday, helped by steady growth in its ride-hailing unit, while demand for its delivery services benefitted from promotional offers and expansion into categories beyond groceries.

Singapore's Grab lifts 2026 forecasts on strong ride-hailing, delivery demand

A selloff in chipmakers weighed on stocks, offsetting a slump in oil prices driven by hopes for diplomatic efforts to end the war in Iran. West Texas Intermediate settled near US$96.50 a barrel. While most S&amp;P 500 firms rose, the index fell amid technology weakness

S&P 500 falls as chip rout offsets US-Iran hopes

Former prime minister Tan Sri Muhyiddin Yassin will submit a representation to drop the charge of uttering seditious words during the Nenggiri State Legislative Assembly by-election campaign in 2024, after the Pahang Ruler granted him an audience last week.

HONG KONG (Nov 3): Tech companies will need to deliver more big ticket fundraisings deals to help meet the enormous demand for capital required by a growth boom in the AI industry, global financial leaders said on Tuesday.

Big ticket tech deals needed to keep pace with AI growth boom, financial leaders say

LONDON (Nov 2):&nbsp;The initial AI gold rush enriched the companies selling the picks and shovels: semiconductor manufacturers and other infrastructure providers. The next wave ​of market gains may instead belong to the adopters, with healthcare in a prime position.

BlackRock&nbsp;Fund...

Opinion: Healthcare could be the next big AI winner

ORLANDO, Florida (Nov 2):&nbsp;There are mounting signs that global growth is cooling. An AI-driven stock market slump could sharply deepen the slowdown and even tip several major economies into recession.

Whether the current selloff snowballs into something more serious remains to be s...

Opinion: Brutal AI selloff stirs recession fears

KUALA LUMPUR (Nov 3): Dialog Group Bhd (KL:DIALOG) is expanding its storage terminal in Tanjung Langsat, Johor with engineering and construction works set to begin immediately.

Dialog to expand Tanjung Langsat storage terminal

KUALA LUMPUR (Nov 3): Malaysia has decided not to extradite independent preacher Dr Zakir Naik to India and has made no commitment to do so, the Dewan Rakyat was told on Tuesday.

Malaysia decides not to extradite Zakir Naik to India

KUALA LUMPUR (Nov 3): Former human resources minister Datuk Seri M Saravanan's criminal trial is slated to start in March next year.

Saravanan's graft trial to start in March next year

KUALA LUMPUR (Nov 3): The Perak State Development Corporation (PKNPk) and Global Vision Lab Sdn Bhd (GVL) are exploring a proposal for an artificial intelligence (AI) data centre development in Perak.

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