<div class=newsTextDataWrapInner>KUALA LUMPUR (Sept 15): Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday:</div>

<div class="pb-5 imgw-800 mx-auto d-block"><a class="mobx embedimg-icon" data-rel="ceolightbox" href="https://myassets.theedgemalaysia.com/pics/2026/table-market-closing-web-sept-15-2026_20260915180638_zxb1ch.jpg"><img alt="" src="https://myassets.theedgemalaysia.com/pics/2026/table-market-closing-web-sept-15-2026_20260915180638_zxb1ch.jpg" /></a></div>
</div><div class=inPageAd id=div-gpt-ad-inpage>

A summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.

FBM KLCI down 1.11% to 1,679.21 on Sept 15, 2026

The US Senate failed on Tuesday to advance comprehensive cryptocurrency legislation backed by President Donald Trump in a major blow for digital asset companies and Republicans who had championed the bill for months.

US Senate fails to advance sweeping cryptocurrency bill in blow for industry

OpenAI has recently held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker's valuation to about US$1.2 trillion (RM4.8 trillion) before it goes public, the Financial Times reported on Tuesday, citing people familiar with the matter.

OpenAI mulls funding round at US$1.2 tril valuation ahead of IPO — report

US Treasury Secretary Scott Bessent defended a range of Trump administration economic policies before lawmakers on Tuesday, from currency and bond market interventions to AI safety, disclosing plans to meet with his Chinese counterpart this weekend.

Bessent defends Trump economic policies, reveals plans to meet Chinese official

Nvidia CEO Jensen Huang is set to attend US President Donald Trump's state dinner for Chinese President Xi Jinping, a source familiar with the matter said on Tuesday.

Nvidia CEO to attend Trump dinner for Xi — Reuters

Wall Street extended its sell-off on Tuesday, as rising US Treasury yields, mounting debt concerns and soaring crude prices kept buyers on the sidelines.

Wall Street ends lower as oil spikes, benchmark Treasury yield breaches 5%

The war with Iran cost the US military around US$38 billion (RM153.7 billion) as of Aug 1, the non-partisan Congressional Budget Office said Tuesday, with billions more potentially added to the price tag each month the conflict wears on.

Iran war has cost US military US$38 bil — Congressional Budget Office

The Attorney General’s Chambers (AGC) said it decided not to proceed with four charges against former prime minister Tan Sri Muhyiddin Yassin after concluding that continuing the prosecution posed litigation risks that could compromise the remaining charges against him.

Pressing on with Bukhary Equity-linked charges posed risks to broader case against Muhyiddin — AGC

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

AirAsia Group, EcoWorld, KPJ, YTL Power, Cuscapi, Hextar Retail, Pestech, Butterfield FB, Crest Builder, PTT Synergy, Frontken, UUE

Eco World Development Group Bhd (KL:ECOWLD) has emerged as the top bidder for a residential site at Lorong Puntong/Sin Ming Avenue in Singapore, with an offer of S$208.1 million (RM667.62 million).

Eco World tops bids for Singapore residential site with S$208.1 mil offer

OpenAI is working on steps to address artificial intelligence safety issues with its top competitors Anthropic PBC and Google DeepMind, escalating industry efforts to respond to a groundswell of concern that the technology poses an economic and security threat.

OpenAI says working with Anthropic, Google on AI safety

KPJ Healthcare Bhd (KL:KPJ) has discontinued its legal action against seven of 11 former directors it was suing over the RM119.92 million sale of a 49% stake in its previously wholly-owned subsidiary, Lablink (M) Sdn Bhd, in 2018.

KPJ drops lawsuit against seven ex-directors over Lablink deal, retains case against four

Tan Boon Seng has emerged as a substantial shareholder of Cuscapi Bhd (KL:CUSCAPI), purchasing a 10.618% interest in the company via a direct business transaction as existing shareholders exit.

Tan Boon Seng emerges as substantial shareholder in Cuscapi

The Attorney General’s Chambers (AGC) said it decided not to proceed with four charges against former prime minister Tan Sri Muhyiddin Yassin after concluding that continuing the prosecution posed litigation risks that could compromise the remaining charges against him.

Pestec International Bhd (KL:PESTEC) said on Tuesday that it was unaware of a winding-up petition filed against the group by its China-based supplier Shandong Power Equipment Co Ltd (SPECO) until it was informed by Bursa Malaysia Securities.

Pestec says unaware of  winding-up petition until Bursa notification, disputes Chinese supplier's claim

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

Eco World Development Group Bhd (KL:ECOWLD) has emerged as the top bidder for a residential site at Lorong Puntong/Sin Ming Avenue in Singapore, with an offer of S$208.1 million (RM667.62 million).

The Attorney General must provide a detailed explanation for seeking a discharge not amounting to an acquittal (DNAA) to discontinue part of the prosecution against former prime minister Tan Sri Muhyiddin Yassin, said Democratic Action Party (DAP) national chairman Gobind Singh Deo.

Gobind calls on AG to explain decision to drop part of Muhyiddin's charges mid-trial

A senior Taiwan Semiconductor Manufacturing Co (TSMC) executive likened artificial intelligence (AI) to a toddler with extraordinary powers that doesn’t know right from wrong, explaining why the company adopts a cautious approach to using the technology.

TSMC co-COO says AI is like a ‘three-year-old superman’

Negeri Sembilan Menteri Besar Datuk Ismail Lasim said on Tuesday he has no unilateral power to remove or vacate the position of the state’s Yang di-Pertuan Besar, while questioning the legal validity of a disputed proclamation bearing his signature.

Negeri Sembilan MB says he has no unilateral power to remove state ruler

Wall Street extended its sell-off on Tuesday, as rising US Treasury yields, mounting debt concerns and soaring crude prices kept buyers on the sidelines.

Frontken Corp Bhd's (KL:FRONTKN) 93.4%-owned subsidiary Ares Green Technology Corp (AGTC) has won the tender for an industrial property in Tainan, Taiwan, for NT$920 million (RM118.16 million) that it was bidding for as part of its strategic plan to meet future capacity requirements.

Frontken unit wins bid for RM118 mil industrial property in Taiwan for expansion

Global networking devices and accessories provider TP-Link Distribution Malaysia Sdn Bhd has launched WiFi 8, a new technology designed to strengthen coverage, manage congestion and reduce interference.

TP-Link launches new WiFi technology to strengthen connectivity, manage congestion

The Malaysian Immigration Department (JIM) has dismantled a suspected fake e-Temporary Employment Visit Pass (e-PLKS) operation following simultaneous raids on 11 premises around the commercial area of Jalan Chan Sow Lin, in Kuala Lumpur on Monday.

Immigration Dept shuts down suspected fake temporary employment visit pass operation, 11 Bangladeshi nationals detained

The US and China are discussing slashing tariffs on certain goods, including on American energy and agricultural shipments — a potential sign the leaders’ summit next week will lead to an extension of the one-year trade truce.

China and US discuss cutting tariffs on agriculture and energy — Bloomberg

Electricity consumers have received rebates totalling RM3.1 billion since the introduction of the automatic fuel adjustment (AFA) mechanism on July 1, 2025, compared to surcharges of RM800 million imposed during the same period, said Tenaga Nasional Bhd (KL:TENAGA).

Consumers have received RM3.1b in energy rebates since July 2025, says TNB

US Treasury Secretary Scott Bessent defended a range of Trump administration economic policies before lawmakers on Tuesday, from currency and bond market interventions to AI safety, disclosing plans to meet with his Chinese counterpart this weekend.

The Parliament’s Public Accounts Committee (PAC) on Tuesday began proceedings on Lembaga Tabung Haji (LTH) to review the progress in implementing recommendations from the Royal Commission of Inquiry (RCI) report on the institution.

PAC reviews implementation of RCI recommendations on Tabung Haji

Radiant World and Sapphire Minmetals, two iron ore traders under pressure amid allegations of fraud, have made further reductions in staffing across their offices in Asia and Europe, according to people familiar with the matter.

Radiant World slashing more jobs as legal challenges mount — Bloomberg

Meta Platforms said on Tuesday it is launching "Meta One" subscription service for better AI capabilities and new features across its social media apps, including Instagram, Facebook and WhatsApp.

Meta launches subscriptions with enhanced AI features

Canada will let businesses immediately write off the cost of most new capital investments for tax purposes, Prime Minister Mark Carney said on Tuesday, unveiling a measure aimed at strengthening the economy and drawing more foreign investment.