The Trump administration is seeking to restrict American investment in Chinese biotechnology companies, potentially complicating financial ties at a time when US drugmakers are increasingly turning to China for new medicines.

US proposes curbs on investment in Chinese biotech firms

Wall Street shunned stocks as a technology rout and Middle East risks drove investors to the safety of bonds, reducing bets on another Federal Reserve rate hike in 2026.

Stocks fall as AI jitters ease bets on Fed hikes

The tech-heavy Nasdaq slid more than 2% on Thursday as growth stocks weakened after earnings from mega-caps Tesla and Meta did little to address artificial intelligence (AI)-related concerns, with a recovery in oil prices further adding to market unease.

Wall Street sinks as Nasdaq falls over 2% on AI cost worries

Mortgage rates fell for the first time in nine weeks, providing little comfort to sellers facing the slowest US housing market in at least 25 years.

US mortgage rates decline for first time in nine weeks, to 7.32%

The Ministry of Finance (MOF) said Bank Simpanan Nasional, a statutory body under its purview, has paid RM13.52 million in claims to victims of a fake investment scheme run by a former employee at its Kuching branch.

BSN has refunded 92.9% of claims in Kuching investment scam — MOF

US Treasuries surged — sending the US 10-year yield back below 5% — as investors sought shelter from tumbling share prices for companies leading the boom in spending on artificial intelligence (AI).

US 10-year yield falls below 5% as investors flock to safe havens

Malaysia must strengthen gas supply security, invest in infrastructure and prepare for future demand to maintain a reliable and competitive energy system amid geopolitical uncertainty.

MyGAS 2026: Securing Malaysia’s gas future amid global uncertainty 

The Ministry of Finance (MOF) will allocate RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) in 2027 for early sukuk redemption, with the funds also aimed at strengthening Lembaga Tabung Haji’s (TH) cash flow.

MOF to inject RM1 bil into Urusharta Jamaah for sukuk redemption in 2027

The US Treasury Department on Thursday proposed new regulations to bar large institutional investors from buying up single-family homes, the latest step in the process to implement the most controversial section of the sweeping bipartisan housing law passed this summer.

Treasury unveils rules banning large investors from buying homes

Taiwan’s stock exchange will shut on Friday as Typhoon Champi approaches the island, bringing heavy rainfall and strong winds and prompting authorities to shut offices and schools in capital city Taipei.

Taiwan’s US$5 tril stock market to close on Friday as Typhoon Champi nears

Zetrix AI Bhd (KL:ZETRIX) said no payment default has occurred under its RM2 billion sukuk, as the trustee is scheduled to meet sukuk holders on Friday (Oct 23) to discuss a proposed resolution to a breach involving managing director Wong Thean Soon’s shareholding.

Zetrix AI sukuk holders to meet on Oct 23 to discuss covenant breach, no payment default yet 

Here is a brief recap of some business news and corporate announcements that made headlines on Thursday:

Zetrix AI, RHB Bank, TSH Resources, RedPlanet, Aizo Group, BMS, Harbour-Link, Jati Tinggi, TNB, Kerjaya Prospek, Exsim Hospitality, Pavilion REIT and Foodie Media

KUALA LUMPUR (Oct 22): A former deputy religious affairs minister has urged the government to look into the financial health of Urusharta Jamaah Sdn Bhd (UJSB), the company set up by the government in 2018 to take over Tabung Haji's troubled assets.&nbsp;

Datuk Ahmad Marzuk Shaary (PN-P...

Former deputy religious affair minister wants scrutiny of UJSB's financial health, cite NexG disposal 

Temasek Singapore president Png Chin Yee is set to join the board of CapitaLand Investment Ltd, while chairman Miguel Ko is retiring from the real estate asset manager.

Singapore’s CapitaLand adds Temasek executive to board

The Ministry of Finance (MOF) will allocate RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) in 2027 for early sukuk redemption, with the funds also aimed at strengthening Lembaga Tabung Haji’s (TH) cash flow.

Meridian Bhd (KL:MERIDIAN) said trading in its shares will be suspended from Oct 30 after Bursa Malaysia Securities rejected the company's fifth application for more time to submit a regularisation plan.

The financially distressed property developer added that it faces delisting on Nov 3 unless it appeals by Oct 29.

Meridian to be suspended on Oct 30, faces delisting after latest bid to delay regularisation plan rejected

Aizo Group Bhd (KL:AIZO) said its RM36.79 million sewage system upgrading subcontract in Terengganu will not proceed after the project owner cancelled the main contract awarded to its contractor.

Aizo's RM37m sewage subcontract terminated, faces potential claims

The tech-heavy Nasdaq slid more than 2% on Thursday as growth stocks weakened after earnings from mega-caps Tesla and Meta did little to address artificial intelligence (AI)-related concerns, with a recovery in oil prices further adding to market unease.

The Ministry of Finance (MOF) said Bank Simpanan Nasional, a statutory body under its purview, has paid RM13.52 million in claims to victims of a fake investment scheme run by a former employee at its Kuching branch.

US Treasuries surged — sending the US 10-year yield back below 5% — as investors sought shelter from tumbling share prices for companies leading the boom in spending on artificial intelligence (AI).

Demand for Indian billionaire Mukesh Ambani's US$3.2 billion Jio Platforms IPO swelled to more than five times the shares on offer on Thursday, and the retail portion of the country's biggest ever stock offering was fully subscribed.

The offering is the first by Ambani's Reliance Industries in 20 years and a key part of the billionaire's long-term vision to transform the group from an oil-to-chemicals company into a broader consumer, retail and technology business.

Ambani's record Jio Indian IPO subscribed over five times as demand surges

Pavilion Real Estate Investment Trust (KL:PAVREIT) reported a net property income (NPI) of RM145.58 million for the third quarter ended Sept 30, 2026 (3QFY2026), little changed from RM145.49 million a year ago.

Pavilion REIT posts flat net property income in 3Q

Malaysia's export success is well documented. Electronics, palm oil and manufactured goods dominate the discussion. Yet some of our companies have built substantial businesses overseas doing something quite different such as designing water treatment facilities, operating power stations and providing engineering services.

Opinion: Malaysia's industrial know-how has a world of opportunity

Taiwan’s stock exchange will shut on Friday as Typhoon Champi approaches the island, bringing heavy rainfall and strong winds and prompting authorities to shut offices and schools in capital city Taipei.

The Pentagon plans to buy at least 850 additional Lockheed Martin Corp F-35 fighter jets, in what would be the biggest contract in the programme’s quarter-century history that signals the stealth warplane will remain a major part of the US arsenal for many years.

US agrees to buy at least 850 more F-35 fighter jets from Lockheed 

RedPlanet Bhd (KL:RPLANET) is aiming for annual earnings growth of 10% to 20% over the next three to five years, supported by rising demand from utilities and railway sectors.

RedPlanet aims for 10-20% annual earnings growth on rising demand from utility and rail

Saudi state oil company Aramco has ordered the evacuation of its headquarters in Dhahran, six people with knowledge of the matter told Reuters on Thursday, as fighting between the world's largest crude exporter and Yemen's Iran-aligned Houthis intensifies.

Saudi Aramco tells staff to evacuate Dhahran as clashes with Yemen's Houthis continue

BMS Holdings Bhd (KL:BMS) has terminated its proposed RM23.8 million land acquisition in Cheras after failing to reach an agreement with the vendor on the terms of the deal.

BMS Holdings scraps RM24 mil land acquisition after parties fail to agree on terms

Exsim Hospitality Bhd (KL:EXSIMHB) has secured another subcontract from Binastra Corp Bhd (KL:BNASTRA), this time worth RM13.49 million,&nbsp;for the supply, fabrication, delivery and installation of carpentry works.

Exsim Hospitality secures another Binastra job at RM13.5 mil 

Malaysia must strengthen gas supply security, invest in infrastructure and prepare for future demand to maintain a reliable and competitive energy system amid geopolitical uncertainty.

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Search Results

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

Search Results

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌