<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Malaysia Weekly on August 10, 2026 - August 16, 2026</span></p></div><div class="imgw-400 pb-5"><img alt="" src="https://myassets.theedgemalaysia.com/pics/2026/tem1639_SR-64-1_theedgemalaysia_20260810110244_yqtbwc.jpg" /></div>

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<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/813875" target="_blank">The new political equation: What the maths shows about the likely outcome of GE16 in Peninsular Malaysia</a><br />
<a href="https://theedgemalaysia.com/node/813878" target="_blank">Outcome of polls goes beyond identity politics</a><br />
<a href="https://theedgemalaysia.com/node/814603" target="_blank">Negeri Sembilan state seat composition 
over the years
</a><br />

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A lens on Malaysia’s politics 

President Vladimir Putin said Russia’s ready to resume trilateral negotiations with the US and Ukraine on a potential peace deal, according to the Kremlin.

Putin says Russia ready for new peace talks with US, Ukraine

The Trump administration is offering to loan up to nearly a third of the one-million-barrel US emergency heating oil reserve, the Department of Energy said on Wednesday, in a bid to tame surging prices.

US aims to loan about a third of heating oil reserve in bid to tame prices

The Malaysian Employers Federation (MEF) has urged the government to tighten enforcement against the misuse of foreign worker recruitment approvals to ensure foreign workers are employed only in approved sectors and occupations facing genuine labour shortages.

MEF urges stricter enforcement, priority for local workers

The next five years will serve as a crucial transition period for Sarawak in its efforts to develop a high-value economy based on technology creation, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Next five years crucial transition period for Sarawak’s economy

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

Sunway Healthcare, Sunway REIT, Zetrix AI,Malakoff,  Capitaland Malaysia,Westports, AME REIT, Pantech Global, MHB, ES Sunlogy, Kerjaya Prospek & Mudajaya

Singapore's Accounting and Corporate Regulatory Authority (ACRA) has rejected HB Global Ltd’s (KL:HBGLOB) application to change its financial year-end from June 30, 2026 to Nov 30, 2026, following the withdrawal of its auditor’s consent to act.

Singapore's regulatory authority rejects HB Global’s second year-end change this year after auditor’s withdrawal

Barisan Nasional (BN) will contest 21 seats while PAS and its allies will contest seven in next month’s Melaka state election, following the finalisation of negotiations between the parties.

Barisan finalises talks with PAS, to contest 21 seats in Melaka polls — Zahid

Berkshire Hathaway Inc investors are moving on after the departure of the firm’s legendary leader Warren Buffett, as shares hit a new high on Wednesday.

Berkshire stock hits new high, moving on from Buffett’s exit

Malaysia has continued to record encouraging trade performance despite facing global uncertainty which includes tariff revisions and international trade restrictions, according to the Ministry of Investment, Trade and Industry (Miti).

Malaysia's trade performance remains encouraging despite global uncertainty — Miti

MMAG Holdings Bhd (KL:MMAG) on Wednesday cited anticipated maintenance cost of over RM10 million as the reason it is willing to absorb a loss of RM12.69 million with the sale of a cargo plane it acquired less than two years ago.

MMAG cites expected RM10m maintenance bill, tough market conditions for selling cargo plane at a loss

<p>Temasek Holdings Pte Ltd and GIC Pte Ltd denied claims by a former Indonesian trade minister that Singapore’s two biggest state-owned investors helped instigate Indonesia’s recent stock market collapse.</p>


Singapore’s Temasek and GIC deny instigating Indonesian stock rout

<p>One of the strongest storms of the current season is set to bring heavy rain and roaring winds to parts of East Asia in the next week, with major cities in Taiwan and China bracing for impact within days.</p>


Super Typhoon Champi poised to hit China, Taiwan within days

<p>ASML Holding NV and other key providers of chipmaking machines have expedited supplies for Tesla Inc&nbsp;and SpaceX’s Terafab, Elon Musk said, signalling that the billionaire is making fast progress on an ambitious semiconductor project.</p>


Musk says ASML, others expediting chipmaking gear for Terafab

<p>Taiwan's Fair Trade Commission said on Wednesday it had blocked Grab's purchase of Delivery Hero's Foodpanda delivery business in Taiwan, citing competition concerns.</p>


Taiwan regulator blocks Grab's purchase of Foodpanda delivery business

<p>Police are awaiting further instructions from the Attorney General’s Chambers (AGC) on a probe into Negeri Sembilan Menteri Besar Datuk Ismail Lasim’s claim that he was forced to sign a proclamation seeking to remove Tuanku Muhriz Tuanku Munawir as the state’s ruler.</p>


Police await AGC instructions on probe into Negeri Sembilan MB’s ‘duress’ claim

<p>Malaysia’s retail prices for unsubsidised RON95 and RON97 petrol will fall by 30 sen per litre, while unsubsidised diesel prices will decline by 10 sen, from Thursday (Oct 22) to Oct 28.</p>


Unsubsidised petrol prices fall 30 sen, diesel down 10 sen for coming week — MOF

<p>Zetrix AI Bhd (KL) managing director Wong Thean Soon's stake in the digital services firm has shrunk further, diminishing the prospect&nbsp;of fixing a breached sukuk condition that he remains the company's largest shareholder.</p>


TS Wong's Zetrix AI stake down to 1.841% ahead of Oct 22 deadline to fix sukuk covenant  

<p>Iskandar Regional Development Authority on Wednesday named career civil servant Datuk Ashari Kasnan as its chief executive officer.</p>


Iskandar Malaysia development authority names Ashari Kasnan as CEO

<p>CIMB Group Holdings Bhd (KL:CIMB) is expected to report softer earnings for the third quarter ended Sept 30, 2026, as higher funding costs and weaker trading income weigh on profitability, although its loan growth remains resilient, according to analysts.</p>


CIMB's 3Q earnings expected to soften on weaker trading income, higher funding costs

<p>Sunway Healthcare Holdings Bhd (KL:SUNMED) and &nbsp;Putrajaya Holdings Sdn Bhd have formalised a joint venture to develop a 325-bed private hospital in Putrajaya, with construction slated to begin in the fourth quarter of 2027.</p>


Sunway Healthcare, Putrajaya Holdings ink JV to build private hospital in Putrajaya

<p>ACE Market-listed Ramssol Group Bhd (KL:RAMSSOL) sees a business opportunity in allowing employees to draw part of their salaries before payday in exchange for a small fee multiplied across a sizeable workforce.</p>

<p>The human resources (HR) management solutions company charges RM5 each time...

Pay Day Now to offer Ramssol a pathway to recurring income

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday</p>


<p>Malakoff Corp Bhd (KL:MALAKOF) announced the resignation of its chief financial officer (CFO) Mohd Nazersham Mansor, after nine years in the role.</p>


Malakoff CFO Mohd Nazersham to step down on Nov 30, deputy to take over  

<p>Malaysia has banned the use of the navigation app Waze among civil servants, citing concerns over the potential misuse of government information and users’ personal data by the Israeli regime.</p>


Govt bans Waze use among all civil servants over fears of data misuse by Israeli regime — PM

<p>Lawmakers have called on the government to clarify its decision to ban civil servants from using navigation app Waze over its alleged links to Israel, questioning the rationale for the restriction and whether other applications pose similar data security risks.</p>


Lawmakers seek clarity on Waze ban for civil servants over alleged Israel links

<p>We, the members of G25, are deeply concerned with the Ministry of Home Affairs for the apparent disregard for established requirements and the double standards in the administration of Malaysian citizenship exposed by the controversy involving the Football Association of Malaysia (FAM) and the seven foreign footballers.&nbsp;</p>


Opinion: G25 statement on FAM, citizenship and equal treatment under the law

<p>The Malaysian Anti-Corruption Commission (MACC) has arrested a civil servant on suspicion of soliciting and accepting bribes amounting to approximately RM30 million in connection with assessment taxes.</p>


MACC nabs civil servant over RM30m bribes in assessment tax probe  

<p>Sunway Real Estate Investment Trust (KL:SUNREIT) and Sunway Healthcare Holdings Bhd (KL:SUNMED) have agreed to extend the deadline for fulfilling conditions tied to the RM60 million acquisition of Sunway Hotel Seberang Jaya in Penang.</p>


Sunway Healthcare, Sunway REIT extend deadline for acquisition of Sunway Hotel Seberang Jaya

<p>Bursa Malaysia's telecommunications and media stocks extended their decline on Wednesday, bringing the sector's losses to nearly 20% so far this year amid&nbsp;steep falls in Axiata Group Bhd (KL:AXIATA), CelcomDigi Bhd (KL:CDB) and Reach Ten Holdings Bhd (KL:REACHTEN).</p>


Telco and media stocks extend losses as sector index down nearly 20% this year

<p>Global index provider MSCI was trying to "intimidate" Indonesia but the country would not be afraid, President Prabowo Subianto told his cabinet on Wednesday, striking a combative tone in his first public reaction to last week's downgrade warning.</p>
