<div class=newsTextDataWrapInner><p>(Aug 12): US President Donald Trump was sued by two media organisations over Trump Media &amp; Technology Group Corp’s plan to sell faster access to his posts on Truth Social.</p></div>

<div class=newsTextDataWrapInner><p>The Intercept Media, a news organisation, and the non-profit Freedom of the Press Foundation asked a court in New York Wednesday to block the plan, calling it “extraordinary, corrupt, and unconstitutional”.</p></div>

<div class=newsTextDataWrapInner><p>Last month, the company announced it would sell faster access to Trump’s market-moving Truth Social posts — a move that drew blowback from Democrats and even rankled some free-market fundamentalists on Wall Street. The product, called Truth API, costs US$60,000 (RM245,124) to US$100,000 a month.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Trump is the largest shareholder of Trump Media. His stake, worth about US$1 billion, is held in a trust overseen by his eldest son Donald Trump Jr.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Chng Shear Lane</em></p></div>


US President Donald Trump was sued by two media organisations over Trump Media & Technology Group Corp’s plan to sell faster access to his posts on Truth Social.

Trump sued over plan to sell faster access to Truth Social posts

China’s thermal coal prices climbed to a three-year high as sluggish domestic production growth and disruptions in top exporter Indonesia coincide with an energy rally driven by the US-Iran war.

China coal prices at three-year high with little relief in sight

Goldman Sachs Group Inc strategists are turning positive on global stocks for the short term, citing a boost from strong earnings for markets already trading near all-time highs.

Goldman strategists upgrade global stocks on earnings boost

HSBC Holdings Plc will phase out fixed-pay allowances for its senior staff and instead hand out a greater proportion of its compensation in the form of bonuses.

HSBC moves to Wall Street bonus model as it cuts fixed-pay deals

Schools across Johor, Melaka, Negeri Sembilan and Putrajaya will be closed Tuesday amid the ongoing haze.

Johor, Melaka, Negeri Sembilan and Putrajaya schools to close on Tuesday — education minister

A privatisation offer for Tong Herr Resources Bhd (KL:TONGHER) is 'not fair but reasonable', the appointed independent adviser said in calling for minority shareholders to accept the deal.

Tong Herr privatisation offer 'not fair but reasonable', says independent adviser

DCD Technology joins as bronze sponsor

RAM Holdings Bhd announces the retirement of Chris Lee Wai Kit as group chief executive officer and executive director of RAM Holdings and RAM Rating Services Bd (RAM Ratings), effective Sept 30, 2026, with Julie Ng stepping in as its acting chief.

Chris Lee retires as RAM group CEO; Julie Ng is acting chief

European shares and US futures edged higher on Monday after a choppy session in Asia as oil prices retreated, while investors looked ahead to key US inflation data and the beginning of the earnings season.

Shares supported as oil retreats; focus turns to US CPI, earnings

KUALA LUMPUR (Oct 12): Batik Air has cancelled its scheduled flight from Kuala Lumpur International Airport (KLIA) to Jeddah, Saudi Arabia, on Monday as a precautionary measure amid the ongoing conflict.

Batik Air cancels Oct 12 KL-Jeddah flight

Gold eased from a more than one-week high on Monday as investors stayed cautious ahead of key US inflation data due this week for fresh clues on the Federal Reserve's interest rate path.

Gold retreats as markets await key US inflation data

<p>KUALA LUMPUR (Oct 12): Genting Bhd (KL:GENTING) fell to its lowest in nearly two decades after the gaming conglomerate announced a RM1.25 billion cash call to pare down borrowings.</p>


Genting falls 17% to 2007 lows after over RM1 bil cash call 

<p>KUALA LUMPUR (Oct 12): The High Court on Monday fixed June 14 next year for case management over the Malaysian Bar’s legal challenge against the Attorney General’s decision to drop its investigation against Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi in the Yayasan Akalbudi case.</p>


Bar's challenge to AG’s decision to drop Zahid probe on hold pending apex court ruling

<p>AirAsia (KL:AAGB) co-founder Tan Sri Tony Fernandes met with officials from Malaysia's Finance Ministry two weeks ago to discuss potential government support for Southeast Asia's largest low-cost airline, said three people with knowledge of the matter.</p>


AirAsia in talks with govt over potential funding support — Reuters

<p>RHB Research sees value emerging in Malaysian property stocks after the recent sell-off, with the sector now trading at a 60% discount to their revalued net asset value (RNAV), wider than the 50% in May.</p>


RHB sees value in battered property stocks, now at a 60% discount to asset value

<p>KYIV/WASHINGTON (Oct 11): US President Donald Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday that he said was "effective immediately", but Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal.</p>


Trump announces Ukraine energy ceasefire with Russia, surprising Zelenskiy

<p>The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, according to DBS Group Holdings Ltd chief executive officer Tan Su Shan.</p>


DBS CEO Tan says market repricing risks on AI financing

<p>1Malaysia Development Bhd (1MDB) is in talks with Deutsche Bank (M) Bhd&nbsp;to settle their legal dispute, the court heard on Monday.</p>


1MDB in settlement talks with Deutsche Bank

<p>KUALA LUMPUR (Oct 12): His Majesty Sultan Ibrahim, King of Malaysia,&nbsp;attended a state welcoming ceremony at Istana Negara on Monday, marking the start of King Abdullah II of Jordan's two-day state visit to Malaysia, which began on Sunday (Oct 11).</p>


Sultan Ibrahim attends state welcoming ceremony for Jordan’s King Abdullah II

<p>Two startling pieces of news surfaced last week about private companies that collect money on behalf of the government.</p>


Frankly Speaking: When suspension is not good enough

<p>KUALA LUMPUR (Oct 12): United Malacca Bhd (KL:UMCCA) said minority shareholders will be compensated for missing a general offer that should have been launched in 2024.</p>


United Malacca to compensate minority shareholders for missing general offer

<p>European shares and US futures edged higher on Monday after a choppy session in Asia as oil prices retreated, while investors looked ahead to key US inflation data and the beginning of the earnings season.</p>


<p>KUALA LUMPUR (Oct 12): Opposition leader Datuk Seri Hamzah Zainuddin said Malaysia should develop new revenue sources to support its finances beyond petroleum, proposing the establishment of a national rare earth entity modelled on Petroliam Nasional Bhd (PETRONAS).</p>


Hamzah proposes PETRONAS-style rare earth entity to develop industry

<p>Consumer and property stocks could emerge as among the main beneficiaries of Budget 2027, although analysts see limited upside for the broader equity market.</p>


Consumer, property stocks poised to gain from Budget 2027 measures — analysts

<p>US President Donald Trump’s Libe­ration Day tariffs, first unveiled in April 2025, triggered a barrage of near-uniform criticisms from economists and trade experts.</p>


Tong's Portfolio - Trump’s tariffs: Why the inflation shock never came

<p>Our small and medium enterprises (SMEs) are in real danger of being gutted by their hyper-competitive counterparts from China whose overcapacity is being exported to our domestic markets. They create very little domestic employment and value-add, bringing in an en bloc shipment of labour and over...

My Say: The SME crisis: How China’s exported over-capacity is gutting Malaysia’s private sector

<p>NEW DELHI/SINGAPORE (Oct 12): Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply deal with Moscow.</p>


Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies

<p>Here's a heads up on what to look out for today.</p>


YOUR DAY AHEAD: Oct 12, 2026 

<p>THE government’s move to support a fundraising drive for low-cost carrier AirAsia Group Bhd (KL:AAGB) is raising questions over how far it should go to help a heavily indebted private company and whether taxpayers could ultimately be left footing the bill.</p>

<p>People familiar with the matte...

Debate over government’s role in private enterprise

<p>Bond markets are starting to do some of the lifting for central banks around the world by pushing up borrowing costs themselves, potentially reducing the number of benchmark interest-rate hikes needed to get inflation under control.</p>


Bond selloff may mean fewer rate hikes from global central banks

<p>The government must take “drastic” action to reduce its reliance on imports and strengthen domestic manufacturing, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.</p>
