<div class=newsTextDataWrapInner>SINGAPORE (Nov 18): Genting Singapore’s licence to operate a casino here has been renewed for two years with effect from next February.</div>

<div class=newsTextDataWrapInner>The company, which operates Resorts World Sentosa, has been assessed by the Gambling Regulatory Authority of Singapore (GRA) to be “suitable to manage and operate the casino”.</div>

<div class=newsTextDataWrapInner>Just last week, Genting Singapore held the groundbreaking ceremony of its planned S$6.8 billion (RM22.7 billion) expansion and<a href="https://www.theedgesingapore.com/news/tourism/genting-singapore-receives-two-year-extension-its-casion-license?utm_source=WeekdayEDM&amp;utm_medium=email&amp;utm_campaign=FREE" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

SINGAPORE (Nov 18): Genting Singapore’s licence to operate a casino here has been renewed for two years with effect from next February.

Genting Singapore receives two-year extension of its casino licence

European Central Bank chief Christine Lagarde said it would "not be a good idea" to run in France's 2027 presidential race, telling newspaper La Croix on Wednesday that if she were to step down early from the bank in 2027, it would only be by a few months.

ECB's Lagarde says it 'would not be a good idea' to run for French president

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

UWC, F&N, Astro, Divfex, Zetrix AI, Batu Kawan, MKH, Chin Hin Group Property, ES Sunlogy, Solid Automotive

The co-pilot of a flight from Dubai to Tel Aviv tried to crash the plane after stabbing the pilot, but passengers subdued him while other pilots landed the plane safely in Saudi Arabia, Israeli officials said on Wednesday.

Passengers overcame pilot who tried to crash flydubai flight, Israel says

The Malaysian Communications and Multimedia Commission (MCMC) is demanding a comprehensive explanation from Meta regarding issues involving WhatsApp accounts that have been suspended, rendered inaccessible, or accessed without authorisation.

MCMC seeking explanation from Meta over WhatsApp issues 

UWC Bhd (KL:UWC) achieved record performance for its financial year 2026, following a more than doubling of its fourth quarter earnings.

UWC ends FY2026 with record numbers as 4Q profit more than doubles

Companies seeking dual listings on the main boards of the Kuala Lumpur and Hong Kong bourses only need one centralised, coordinated submission.

Simplified procedure for simultaneous IPO listing in Malaysia and Hong Kong takes effect

The Federal Trade Commission is opening a sweeping probe into Anthropic, OpenAI and other AI labs to uncover the potential dangers their technology poses to consumers, a source familiar with the matter told Reuters on Wednesday.

FTC opens probe into AI giants including Anthropic and OpenAI — Reuters

The Reserve Bank of India’s net short dollar book rose past US$200 billion (RM815.9 billion) for the first time, reflecting surging future repayment obligations from a dollar diaspora programme to support the rupee.

RBI’s short dollar book surges past US$200 bil on forex plan

Wall Street's main indices gained on Wednesday, as a softer-than-anticipated inflation reading buoyed hopes that the Federal Reserve might not hike rates as soon as next month.

Wall Street climbs as cooling inflation tempers Fed rate-hike concerns

“At the pleasure of the King” — what if the King is displeased?
The phrase is not what it seems.
Many have misinterpreted it. And a great many have given the phrase its literal meaning, forgetting and, in some cases, even in ignorance, that it is a legal phrase that has its own lega...

Opinion: At the pleasure of the King

Zetrix AI Bhd (KL:ZETRIX) and IPVG Employees Inc have agreed to extend by three months the deadline to complete the Malaysian company's purchase of a 50% stake in Philippines-based MyEG Ventures Inc.

Zetrix AI, IPVG Employees extend deadline of MyEG Ventures deal by three months

The US trade deficit in goods widened sharply in August amid a surge in imports, suggesting that trade could remain a drag economic growth in the third quarter.

US goods trade deficit widens sharply in August

IOI Properties Group Bhd (KL:IOIPG) and Marriott International Inc have expanded their strategic relationship with the signing of a portfolio deal for four new hotels in Malaysia.

IOI Properties expands hospitality pipeline with four new Marriott hotels totalling 888 rooms

Petroliam Nasional Bhd (PETRONAS) is exploring ways to make its advanced sustainable fuel (ASF) more economical while maintaining its performance, as development continues alongside changes to Formula One's (F1) power unit regulations.

PETRONAS exploring ways to produce cheaper advanced fuel, says downstream CEO

Batu Kawan Bhd’s (KL:BKAWAN) unconditional mandatory takeover of MKH Bhd (KL:MKH) has crossed the 95% threshold, paving the way for the property developer’s delisting.

Batu Kawan’s takeover of MKH crosses 95%

Astro Malaysia Holdings Bhd (KL:ASTRO) sank into the red in the May-July quarter — its first quarterly loss since late 2023 — dragged by unrealised foreign exchange losses while its top line declined on lower subscription revenue.

Forex losses, lower subscription revenue pull Astro into the red

“At the pleasure of the King” — what if the King is displeased? 
The phrase is not what it seems. 
Many have misinterpreted it. And a great many have given the phrase its literal meaning, forgetting and, in some cases, even in ignorance, that it is a legal phrase that has its own lega...

The co-pilot of a flight from Dubai to Tel Aviv tried to crash the plane after stabbing the pilot, but passengers subdued him while other pilots landed the plane safely in Saudi Arabia, Israeli officials said on Wednesday.

One of the brothers who co-founded Solid Automotive Bhd (KL:SOLID), Ker Boon Kee, has transferred his shares in the company to his children, making his son and executive director Ker Keddy the company’s second-largest shareholder.

Solid Automotive’s co-founder Ker Boon Kee transfers shares to children, son Keddy emerges as second-largest shareholder

Chin Hin Group Property Bhd (KL:CHGP) is selling its&nbsp;entire equity interest in four loss-making subsidiaries involved in the commercial vehicle and bodyworks business for a combined RM62 million in cash, to focus on its property development business.

Chin Hin Group Property exits commercial vehicle business in RM62m cash deal

Bank Negara Malaysia (BNM) is seeking feedback on proposed new rules on insurance and takaful providers meant to strengthen protections on policy owners.

Bank Negara seeks feedback on proposed tighter rules on insurance and takaful sales pitches

Retail prices of unsubsidised petrol and diesel are set to fall from Thursday, Oct 1, as average global crude oil prices moderate after Saudi Arabia’s East-West pipeline resumed operations.

Unsubsidised fuel prices to fall from Oct 1, diesel down 15 sen

Public Bank Bhd’s (KL:PBBANK) wholly-owned subsidiary, Public Mutual Bhd, has declared distributions totalling more than RM61 million for two funds for the financial year ended Sept 30, 2026.

Public Mutual declares distributions of over RM61m for two funds

A governor of Indonesia's most populous province has ordered Singapore's BDx Data Centers to halt construction on a data centre due to a lack of required permits, amid a push by Southeast Asia's largest economy to catch up with regional peers in technology infrastructure projects.

Indonesian governor orders halt on data-centre project by Singapore's BDx due to lack of permits

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

Companies seeking dual listings on the main boards of the Kuala Lumpur and Hong Kong bourses only need one centralised, coordinated submission.&nbsp;

Shareholders of NexG Bhd (KL:NEXG), Malaysia’s sole supplier of passport booklets and MyKad identity cards, approved the company’s proposed name change back to Datasonic Group Bhd at its annual general meeting on Wednesday.

NexG gets shareholders’ nod to revert to Datasonic name 

Divfex Bhd (KL:DFX) said it has secured two contracts worth RM120.12 million to supply equipment for a 15MW data centre fit-out in Penang.

Divfex wins RM120m data centre equipment jobs in Penang

EP Manufacturing Bhd (KL:EPMB) has announced the resignation of its group chief executive officer Ahmad Razlan Mohamed, 50, with immediate effect.

EP Manufacturing group CEO Ahmad Razlan Mohamed resigns

VisDynamics Holdings Bhd (KL:VIS) shares on Wednesday opened at 53.5 sen, its highest level since March 2023, after the automated test equipment maker reported a sharp improvement in earnings.