Israel's parliament was sworn in on Tuesday without a new government, after a deadlocked general election stripped Prime Minister Benjamin Netanyahu of his parliamentary majority but left his main rivals with no clear path to power.

Israel's parliament sworn in as Eisenkot tries to forge a government

Wall Street is poised to deliver another banner year for bonuses off record profits for big banks, with questions lingering around what lies further ahead for the industry.

Wall Street bonuses seen climbing before prospects weaken

Federal Reserve Bank of Dallas president Lorie Logan said she still sees the need for at least two quarter-point rate increases, but that the pace of those hikes may need to be quicker than the Fed is moving this fall.

Fed’s Logan favours at least two hikes, says pace could quicken

Prime Minister Datuk Seri Anwar Ibrahim should not bow to political pressure to dissolve Parliament ahead of schedule.

PM should not bow to pressure to dissolve Parliament — Loke

International Business Machines Corp (IBM) is ending immigration sponsorship for some roles in its largest division following a crackdown by the Trump administration on a visa programme that’s been a talent pipeline for the tech industry.

IBM to end immigration sponsorship for roles in biggest unit

Wall Street's main indices retreated on Tuesday, pausing a two-day rebound in tech shares, after a hotter-than-expected October inflation reading reinforced fears that the Federal Reserve could keep interest rates higher for longer.

Wall St falls as hot inflation data fuels rate-hike jitters

The Home Ministry (KDN) is ready to implement the High Court's decision ordering former prime minister Datuk Seri Najib Razak to serve the remainder of his six-year prison sentence under house arrest until Aug 23, 2028.

Najib's house arrest: Home Ministry ready to implement High Court ruling

NEWS: Najib arrives at Langgak Duta residence

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.

Zetrix AI, Sunway REIT, Hup Seng, YNH Property, Favelle Favco, Critical Holdings, PMW, Kumpulan Kitacon, Advancecon & Jati Tinggi

A sport utility vehicle bearing Datuk Seri Najib Razak has arrived at his residence in Langgak Duta here, hours after the High Court issued a rectified order allowing the former prime minister to spend the rest of his jail time for siphoning RM42 million from SRC International Sdn Bhd under house arrest.

Najib arrives home at Langgak Duta to begin house arrest

The High Court heard on Tuesday that AirAsia had run its Free Seats campaign since 2015 without any problems, and only ran afoul with Malaysian Aviation Commission in late 2024.

AirAsia's Free Seats campaign ran for almost 10 years before flagged by Mavcom, court hears 

Datuk Seri Najib Razak is now legally allowed to serve the remainder of his SRC International Sdn Bhd jail sentence at his Jalan Langgak Duta home in Kuala Lumpur.

Court clears way for Najib to serve rest of SRC sentence at home

HIS TIZA Pahang Sdn Bhd, a company linked to the crown prince of Pahang, has emerged as the second-largest shareholder of oil palm planter and timber firm Mentiga Corp Bhd (KL:MENTIGA).

Pahang crown prince-linked firm completes purchase of 30% Mentiga stake

The drawn out legal battle to wind up the corporate vehicle of the co-founders of glove manufacturing giant Supermax Corporation Bhd has been settled with &nbsp;Datuk Cheryl Tan Bee Geok receiving RM37,028,347.28, while estranged husband Datuk Seri Thai Kim Sim (Stanley Thai) getting RM32,536,556.58.

Supermax co-founders settle winding-up of investment vehicle via property disposal and debt repayment 

The High Court has granted VLA Architects Sdn Bhd an interim extension of a restraining order, until Jan 25, 2027, pending the hearing and full disposal of the main extension application in the winding-up proceedings of Maju Holdings Sdn Bhd.

High Court grants temporary restraining order extension to Maju Holdings in winding-up suit

YTL Power International Bhd (KL:YTLPOWR) fell on Tuesday amid renewed scrutiny of its data centre partner Nvidia Corp over espionage allegations.

YTL Power shares under selling pressure amid Nvidia scrutiny

The government has yet to receive evidence that Speedmatrix Sdn Bhd, the firm allegedly involved in the Nvidia spy affair scandal, violated Malaysian law, a minister said.

Malaysia yet to receive evidence on firm allegedly linked to Nvidia spy affair scandal — report

Transport Minister Anthony Loke Siew Fook announced that his resignation is now effective after Datuk Seri Najib Razak’s house arrest was cleared by the court.

Loke says resignation as transport minister effective immediately

The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has urged Muslims to channel religious-related funds through parties authorised and recognised by the state Islamic religious council to ensure proper governance and accountability.

Sultan of Selangor reminds Muslims to channel religious funds via authorised bodies

OCBC Group said on Tuesday that it has been ranked the strongest bank in Singapore and the Asia-Pacific, and third globally, in The Asian Banker’s 2026 World’s 1,000 Strongest Banks ranking.

OCBC among top three strongest banks globally in The Asian Banker ranking

Big Caring Group Bhd's initial public offering (IPO) was oversubscribed by 4.31 times under the Malaysian public portion, ahead of the pharmacy chain operator's listing on Bursa Malaysia's Main Market.

Big Caring IPO's public tranche oversubscribed 4.31 times

French energy management and automation company Schneider Electric has opened a regional training centre in an attempt to help workers keep pace with technological advances in data centres and other industries across Asia-Pacific.

Schneider Electric opens regional centre to build technical skills

Environmental impact assessments alone could take up to three years in Malaysia, underscoring the challenges renewable energy faces to meet rising demand.

Renewable energy projects face lengthy approvals, land and financing hurdles

Senior defence lawyer Tan Sri Muhammad Shafee Abdullah said that Datuk Seri Najib Razak was a relieved man on Tuesday, and that the lawyer would personally like to thank the King, Sultan Ibrahim Sultan Iskandar, for allowing his client to serve the remainder of his sentence until Aug 23, 2028 under house arrest.

Shafee says Najib is relieved, thanks King for granting house arrest

<div class="content-side-bar-box">
Summary

<ul>
	<li>The transition to the Stamp Duty Self-Assessment System has given rise to uncertainty among businesses over which documents are subject to stamping</li>
	<li>The Ministry of Finance...

Stamp duty framework simplification underway as businesses grapple with self-assessment

Dutch Lady Milk Industries Bhd (KL:DLADY) (DLMI) is planning to acquire a 35% stake in a Johor dairy firm for RM17.5 million, giving the dairy producer more access to local fresh milk production.&nbsp;

Dutch Lady to buy 35% stake in Johor dairy venture from Kulim for RM17.5 mil 

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.

A&nbsp;sport utility vehicle bearing Datuk Seri Najib Razak has arrived at his residence in Langgak Duta here, hours after the High Court issued a rectified order&nbsp;allowing the&nbsp;former prime minister to spend the rest of his jail time for siphoning RM42 million from SRC International Sdn Bhd&nbsp;under house arrest.&nbsp;

Zetrix AI Bhd (KL:ZETRIX) on Tuesday confirmed to Bursa Malaysia it still owes RM25 million in payments that was due last Friday for a tranche of its sukuk programme. &nbsp;&nbsp;

Zetrix AI confirms to Bursa default on RM25m sukuk obligation on Nov 6, commits to settlement

SoftBank Group Corp&nbsp;reported its first net loss in almost two years after the tech investor swallowed a US$3.7 billion (RM15.0 billion) write-down over its US data-centre projects and artificial intelligence (AI) valuations dipped around the world.

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