<div class=newsTextDataWrapInner><p>(Oct 6):&nbsp;Citigroup Inc&nbsp;took top spot for underwriters in global initial public offerings (IPOs) for the year through September after working on some of the biggest share sales in Asia and the US.</p></div>

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<div class=newsTextDataWrapInner><p>Citi was just ahead of Goldman Sachs Group Inc&nbsp;in the league tables, according to data compiled by <em>Bloomberg</em>. Goldman was the top underwriter globally for equity offerings, a broader measure that also includes deals such as block trades and follow-on share sales, the data show.</p></div>

<div class=newsTextDataWrapInner><p>Citi worked on transactions including National Stock Exchange of India Ltd’s US$2.4 billion listing in Mumbai in September, one of the biggest in the country’s history. It was lead global coordinator on SK Hynix Inc’s US$26.5 billion Nasdaq listing in July, the biggest-ever US share sale by a foreign company. It also had a role on SpaceX’s historic&nbsp;US$86 billion IPO in June.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The US lender has been adding dozens of senior investment bankers globally, including for its equity capital markets business. Last year, Citi hired Charlie Black from Goldman as head of North America technology ECM, and Bernal J&nbsp;Vargas III from JPMorgan Chase &amp; Co&nbsp;as head of ECM in North America. It also named Rob Chan as head of ECM syndication in Asia.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>
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(Oct 6): Citigroup Inc took top spot for underwriters in global initial public offerings (IPOs) for the year through September after working on some of the biggest share sales in Asia and the US.

Citi takes top spot in global IPO underwriting through September

YOUR DAY AHEAD: Oct 7, 2026

Here's a heads up on what to look out for today.

YOUR DAY AHEAD: Oct 7, 2026 

Malaysian Prime Minister Datuk Sri Anwar Ibrahim is expected to tackle rising living costs in potentially his government’s last budget before he calls national elections.

PM Anwar set to boost budget spending as election speculation grows

From design to the finished device, a chip goes through four main stages. Global giants dominate each stage, but Bursa Malaysia–listed companies are strongest in assembly and test, and in the equipment, machined parts and automation segments that the entire chain depends on.

Where Malaysian players sit in the semiconductor value chain

FTSE Russell has reaffirmed the emerging-market status of Indonesian equities amid measures taken by local authorities to improve transparency.  FTSE said it will continue to closely monitor capital market integrity reforms in the country.

FTSE reiterates Indonesia’s emerging status amid ongoing reforms

Oil steadied as traders weighed increased flows through the Strait of Hormuz against a pickup in Iranian attacks against vessels. West Texas Intermediate traded below US$90 a barrel after a volatile session on Tuesday, while Brent settled near US$101.

Oil steadies with focus on Hormuz shipments and vessel attacks

Wall Street traders drove stocks to all-time highs on growing bets that Corporate America will be able to weather the threats from still-elevated energy costs and interest rates.

S&P 500 climbs to record high on earnings optimism

Home confinement granted under a royal conditional pardon cannot be equated with a statutory house arrest order as it operates under its own set of rules, according to Home Minister Datuk Seri Saifuddin Nasution Ismail.

Home confinement under royal pardon differs from house arrest, has own SOPs — Saifuddin

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

CIMB, Zetrix AI, Top Glove, Samaiden, Mesiniaga, Scientex, Dialog, Elridge Energy, Insights Analytics, SLGC

Chin Hin Group Property Bhd (KL:CHGP) said on Tuesday that its proposed disposal of four loss-making commercial vehicle and bodyworks subsidiaries and the earlier aborted sale of the same businesses were negotiated under different commercial terms and transaction structures.

Chin Hin Group Property says fresh commercial vehicle business deal negotiated under different terms

<p>Zetrix AI Bhd (KL:ZETRIX) said the exact amount it owes the Road Transport Department (JPJ) is still being finalised between the two parties, a day after Transport Minister Anthony Loke Siew Fook said the company had accumulated RM314 million in unpaid remittances.</p>


Zetrix says still finalising amount owed to JPJ after Loke reveals RM314m arrears

<p>Home confinement granted under a royal conditional pardon cannot be equated with a statutory house arrest order as it operates under its own set of rules, according to Home Minister Datuk Seri Saifuddin Nasution Ismail.</p>


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


<p>Former Treasury secretary Janet Yellen criticised President Donald Trump’s treatment of US allies, and backed the idea of retaliation for protectionist moves.</p>


Yellen says Trump ‘appalling’ on US allies, backs retaliation

<p>A survey of 1,000 people by the Malaysia&nbsp;Retail Chain Association found that 59% of them were unable to use the one-off RM100 government aid at their preferred shops to buy essentials, while 72% switched stores to do so.</p>


Retailers call for wider access to Sara as 59% of those surveyed unable to use aid at preferred stores

<p>All schools, kindergartens and childcare centres across the Batu Pahat district have been ordered to close from Wednesday, Oct 7, after the air pollutant index (API) reading exceeded 200, reaching the “very unhealthy” level.</p>


Haze: Batu Pahat schools, kindergartens and childcare centres to close as API exceeds 200

<p>Insights Analytics Bhd (KL:IAB), which mainly provides asset management systems to water utilities, has secured a RM14.44 million subcontract to construct a water treatment plant in Sarawak's Miri division.</p>


Insights Analytics secures contract for Suai water treatment plant in Miri

<p>From design to the finished device, a chip goes through four main stages. Global giants dominate each stage, but Bursa Malaysia–listed companies are strongest in assembly and test, and in the equipment, machined parts and automation segments that the entire chain depends on.</p>


<p>Mesiniaga Bhd (KL:MSNIAGA) has won a RM32.3 million contract from the Royal Malaysian Customs Department (RMDC) for the maintenance and licence renewal of its MyGST System.</p>


Mesiniaga wins two-year RM32.3m contract extension from Customs Dept

<p>Elridge Energy Holdings Bhd (KL:ELRIDGE) is investing RM45 million to venture into the manufacturing and the sale of activated carbon business for&nbsp;use across water treatment, industrial purification and related filtration.</p>


Elridge Energy invests RM45m to venture into activated carbon business

<p>Malaysia and France are expected to sign a memorandum of understanding (MOU) on energy transition soon to accelerate efforts towards a cleaner and more sustainable future, Deputy Prime Minister Datuk Seri Fadillah Yusof said on Tuesday.</p>


Malaysia, France to sign energy transition MOU soon, says Fadillah

<p>Chin Hin Group Property Bhd (KL:CHGP) said on Tuesday that its proposed disposal of four loss-making commercial vehicle and bodyworks subsidiaries and the earlier aborted sale of the same businesses were negotiated under different commercial terms and transaction structures.</p>


<p>（吉隆坡6日讯）顶级手套（Top Glove Corp Bhd）（KL:TOPGLOV）在2026财政年净利翻3倍后，预计2027财年的表现将更上一层楼。</p>


2026财年表现强劲 顶级手套预计2027财年更佳

<p>The benchmark S&amp;P 500 and the Nasdaq hit record highs on Tuesday as Treasury yields eased from multi-year highs and oil prices fell, while investors looked ahead to the upcoming quarterly earnings season.</p>


S&P 500, Nasdaq touch new peaks as Treasury yields cool, oil slips

<p>A moderate earthquake measuring 5.0 on the Richter scale struck the waters off Sandakan at 9.11pm on Tuesday.</p>


Magnitude 5.0 earthquake strikes waters off Sandakan

<p>Malaysian Prime Minister Datuk Sri Anwar Ibrahim is expected to tackle rising living costs in potentially his government’s last budget before he calls national elections.</p>


<p>Willowglen MSC Bhd (KL:WILLOW) has secured a RM17.8 million contract from Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) to upgrade the public address/passenger information display system (PAPIDS) for the MRT Kajang Line.</p>


Willowglen bags RM17.8m MRT Kajang Line display system upgrade job

<p><span style="font-size: 13px;">FTSE Russell has reaffirmed the emerging-market status of Indonesian equities amid measures taken by local authorities to improve transparency.&nbsp;&nbsp;</span>FTSE said it will continue to closely monitor capital market integrity reforms in the country.&nbsp;</p>


<p>Sharp spikes in food and energy prices will likely become more common, the International Monetary Fund said, warning such crises drive inflation expectations higher for longer, worsen poverty and threaten economic stability.</p>


Cost-of-living crises have lasting impact on inflation expectations, poverty, IMF says

<p>A total of 88 open-space lots in the federal capital have been gazetted in the first nine months of this year, bringing the number of legally protected lots to 582, covering 476.17 hectares.</p>
