(Nov 12): Saudi Arabia said debris from two ballistic missiles intercepted by its air defences fell in the Mecca region on Wednesday, as the kingdom and Yemen's Iran-aligned Houthi movement exchanged attacks in an escalating conflict.

Saudi Arabia says debris from intercepted missiles falls in Mecca region

MELBOURNE/BENGALURU (Nov 12): BHP said on Thursday that it had appointed internal candidate Adrian Wood as chief financial officer, replacing Vandita Pant, in the latest senior management change since the miner's new chief executive took over in July.

BHP appoints Adrian Wood CFO as Vandita Pant exit adds to leadership shakeup

BENGALURU/MEXICO CITY/SINGAPORE (Nov 11): Nvidia's board is meeting on Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told Reuters, as the world's dominant supplier of AI processors grapples with reports of two extramarital affairs involving its longtime leader.

Nvidia board meets to decide CEO Huang's future — Reuters

TOKYO (Nov 12): Japan's annual wholesale inflation re-accelerated in October as the Middle East conflict and AI-related demand kept pushing up prices for fuel and semiconductor chips, data showed, keeping alive market expectations of a near-term interest rate hike.

Japan wholesale inflation accelerates, keeps alive rate hike view

WASHINGTON/BEIJING (Nov 11): US Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi agreed on Wednesday on the importance of leader-level talks to advance peace and denuclearisation, including in any trilateral summit with Russia, the US State Department said.

China's foreign minister says call with Rubio was 'positive and constructive'

YOUR DAY AHEAD: Nov 12, 2026

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

YOUR DAY AHEAD: Nov 12, 2026 

(Nov 11): Polymarket has cut jobs and terminated several contractor agreements in a reorganization as the prediction market startup seeks to compete ​with rapidly growing rival Kalshi.

An internal email from the company, ending a ‌contractor agreement, has been doing the rounds on socia...

Polymarket cuts jobs, contracts as prediction market competition heats up

SYDNEY (Nov 12): Australia's blue-chip companies are increasingly invoking artificial intelligence as they cut jobs and move work offshore, unions and experts say, complicating the government's efforts to support employment in a slowing economy.

On ​Tuesday, Qantas, Australia's flag car...

Australian companies face 'AI washing' claims after wave of job cuts, offshoring

MADRID (Nov 11): A general strike by 4 million Spanish workers — around one-fifth of the total workforce — against the ​country's housing crisis was mostly peaceful on Wednesday, unions said, though by the evening clashes erupted in some areas of Barcelona and Madrid.

Workers endur...

Millions of Spaniards stage first general strike in 14 years as anger over housing leads to clashes

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

Zetrix AI, Dialog, United Plantations, Heineken Malaysia, S P Setia, MMAG, Southern Score, L&P Global

The Malaysian Bar has sought the court's permission to challenge the house arrest of Datuk Seri Najib Razak.

Bar files court challenge against Najib's house arrest

The retail prices of RON97, unsubsidised RON95 and unsubsidised diesel will drop by 50 sen, 40 sen and 25 sen per litre&nbsp;respectively&nbsp;from Nov 12 to 18.

Retail prices of RON97, unsubsidised RON95, diesel to drop from Thursday

The government, through the Employees Provident Fund (EPF), will continue to study a proposal to expand the scope and coverage of the EPF i-Sayang scheme to allow Malaysian husbands to make voluntary contributions for their non-citizen wives.

Govt studies proposal to extend EPF's i-Sayang scheme to non-citizen wives 

Home Minister Datuk Seri Saifuddin Nasution Ismail is set to address the terms governing former prime minister Datuk Seri Najib Razak's house arrest in the Dewan Rakyat on Thursday.

Saifuddin to clarify Najib's house arrest terms, monitoring arrangements in Parliament on Thursday

The expansion of electricity bill protection to cover households consuming up to 800kWh a month is expected to cost RM248 million over four months, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Minister: Expanded electricity bill protection to cost RM248 mil, Tenaga to bear automatic fuel adjustment costs

Barisan Nasional (BN) chairman Datuk Seri Dr Ahmad Zahid Hamidi is confident that the political crisis in Negeri Sembilan will be resolved soon.&nbsp;

Ahmad Zahid confident Negeri Sembilan political crisis nearing resolution

The S&amp;P 500 and the tech-heavy Nasdaq climbed on Wednesday after neocloud firm CoreWeave's strong earnings calmed investor jitters about bloated artificial intelligence (AI) expenditure.

S&P 500, Nasdaq rise as CoreWeave results ease AI spending worries

Mercedes-Benz Group AG’s struggles with shrinking demand in China mean it’s being forced into a complete overhaul of its business in the world’s biggest auto market, according to chief executive officer Ola Källenius.

Mercedes CEO flags pivot to strategy of ‘100% China for China’

Asian stocks were set for gains, tracking a Wall Street rally led by technology giants as bets grew that the artificial-intelligence trade powering the bull market is far from over.

Asian stocks set to gain on renewed US tech rally

Nvidia Corp’s investigation of chief executive officer Jensen Huang’s affair with an alleged Chinese spy is raising questions about the company’s future and sending its stock into a tailspin.

Nvidia’s bull case hinges on CEO Huang surviving China spy probe

Indonesia's Vice President Gibran Rakabuming Raka has resigned, an aide said on Wednesday, a move that threatens to split a key political alliance and risks further political uncertainty in Southeast Asia's largest economy.

Indonesia's vice president has resigned, aide says, stoking political uncertainty

KUALA LUMPUR (Nov 11): The government, through the Employees Provident Fund (EPF) will continue to study a proposal to expand the scope and coverage of the i-Sayang scheme to allow Malaysian husbands to make voluntary contributions for their non-citizen wives.

Proposal to extend EPF's i-Sayang scheme to non-citizen wives being studied, Parliament hears

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

&nbsp;A rally in tech giants lifted stocks on bets the artificial-intelligence trade that has powered the bull market has more room to run.

US stocks climb as Wall Street gets fresh AI fuel

EasyJet shareholders on Wednesday overwhelmingly backed a takeover by US private equity firm Apollo, as the British airline's boss insisted its fares would remain "affordable" amid soaring fuel costs.

EasyJet shareholders back £5.7 bil takeover by US firm Apollo

SYDNEY (Nov 12): Australia's blue-chip companies are increasingly invoking artificial intelligence as they cut jobs and move work offshore, unions and experts say, complicating the government's efforts to support employment in a slowing economy.

On ​Tuesday, Qantas, Australia's flag car...

Volkswagen AG is scrapping a major advanced-manufacturing project at its sprawling headquarter as falling profits force Europe’s biggest carmaker to rethink investment across its German factories.

VW scraps advanced factory plan as earnings squeeze deepens

(Nov 11): Polymarket has cut jobs and terminated several contractor agreements in a reorganization as the prediction market startup seeks to compete ​with rapidly growing rival Kalshi.

An internal email from the company, ending a ‌contractor agreement, has been doing the rounds on socia...

ByteDance Ltd&nbsp;plans the release of a Muse-like artificial intelligence (AI) assistant in the coming weeks to augment its lead in AI video, a milestone event the company hopes will help close the gap with top US labs in as soon as three years.

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