<div class=newsTextDataWrapInner>AMSTERDAM (Oct 14): The chief financial ​officer of top ‌computer chip equipment manufacturer ASML&nbsp;said on ​Wednesday the company ​opposes a proposal by ⁠US Congress to ​limit the company's sales ​of DUV lithography equipment to China as a ​bad idea.</div>

<div class=newsTextDataWrapInner>On a ​call with reporters after the ‌company's third-quarter ⁠earnings, CFO Roger Dassen said that if the Match Act ​is ​passed ⁠after US midterm elections, it would ​accelerate China's ​domestic ⁠development of rival technology.</div>

<div class=newsTextDataWrapInner>He added he was "optimistic ⁠that ​common sense ​will prevail".</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Uploaded by Siow Chen Ming</div>

AMSTERDAM (Oct 14): The chief financial ​officer of top ‌computer chip equipment manufacturer ASML said on ​Wednesday the company ​opposes a proposal by ⁠US Congress to ​limit the company's sales ​of DUV lithography equipment to China as a ​bad idea.

On a ​call with reporters after...

ASML CFO says US Match Act limiting DUV sales to China would be counterproductive

Norway's sovereign wealth fund, the world's largest with assets of more than US$2.2 trillion (RM9 trillion), may once again be allowed to invest in firms that make nuclear weapons under a proposal made Thursday.

Norway may let wealth fund invest in nuclear weapon makers

A sharp sell-off in Asian tech stocks sent a chill through global equity markets on Thursday, as crowded bets on data centres and other key AI plays faced a reckoning from high and rising interest rates.

Tech sell-off gathers pace as chipmakers hammered

Rescuers were searching for eight missing crew on Thursday from one of two chemical tankers that caught fire overnight inside Romanian territorial waters in the Black Sea, after Russian drones strayed into Romanian airspace, Romanian officials said.

Two ships ablaze in Romanian Black Sea waters, eight sailors missing

India is expected to become the world's fourth-largest economy by 2027, overtaking Japan, according to International Monetary Fund projections that on Thursday laid out the Asian nations' contrasting trajectories.

India expected to overtake Japan as world's fourth largest economy in 2027 — IMF

Malaysia welcomes China's proposals to expand technology and knowledge transfer, as both countries seek to deepen strategic cooperation beyond conventional investment arrangements, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Malaysia welcomes China's technology, knowledge transfer proposals, says Zahid

Former prime minister Datuk Seri Najib Razak will serve the remainder of his prison sentence for the SRC International Sdn Bhd case under home confinement at his residence in Langgak Duta, Kuala Lumpur, with his family, according to several Malay dailies.

Najib to serve remaining SRC jail sentence under home confinement at Langgak Duta, says Shafee — reports

UBS is preparing contingency plans that could include moving its headquarters out of Switzerland if lawmakers tighten capital requirements for the bank, The Wall Street Journal (WSJ) reported on Wednesday, citing people familiar with the matter.

UBS could move headquarters from Switzerland if capital rules tighten, WSJ reports

The European Central Bank can afford to take some time in analysing inflation dynamics that are shaped by opposing forces in the global economy, governing council member Martins Kazaks said.

ECB in no rush to act amid opposing economic forces, Kazaks says

KUALA LUMPUR (Oct 15): All educational institutions under the Ministry of Education (MOE) in Negeri Sembilan, Pahang, Selangor, and Putrajaya will operate as usual on Friday.

In separate statements Thursday, the state education departments (JPN) in the three states and the Putrajaya Fed...

Schools in Selangor, Pahang, Negeri Sembilan, Putrajaya to reopen doors Friday

The US is considering using its biggest non-nuclear bomb against Iran if President Donald Trump should decide to renew combat in the war that has hit a deadlock, CNN reported on Thursday.

US considering 'mother of all bombs' in Iran war — report

Former prime minister Datuk Seri Najib Razak will serve the remainder of his prison sentence for the SRC International Sdn Bhd case under home confinement&nbsp;at his residence in Langgak Duta, Kuala Lumpur, with his family, according to several Malay dailies.

Penang Regional Development Authority (Perda) chairman Datuk Dr Shaik Hussein Mydin has been charged with 15 counts of receiving bribes totalling nearly RM850,000.

Penang development authority chairman Shaik Hussein Mydin charged with 15 counts of graft

BYD Malaysia has appointed Inokom Corporation Sdn Bhd, a subsidiary of Sime Darby Bhd (KL:SIME) based in Kulim, Kedah, as its local assembly partner for its planned completely knocked-down (CKD) vehicle operations in Malaysia. 
&nbsp;

BYD Malaysia appoints Inokom as local assembly partner

(Oct 15): Malaysian property tycoon Datuk Lee Yeow Seng is making waves as one of the most aggressive buyers of commercial real estate in Singapore, and he’s not done yet.

Malaysia's IOI Properties Group eyes US$760 mil property deals in Singapore

Bina Puri Holdings Bhd (KL:BPURI) is doubling down on Sarawak-focused projects to turn its fortunes around, as the group emerges from a court-supervised debt restructuring that was completed in September.

Bina Puri doubles down on Sarawak pivot as it emerges from debt restructuring

IN September 2022, CGS International Securities Sdn Bhd (then CGS CIMB) granted a RM60 million margin trading account facility to Wong Thean Soon, co-founder and largest shareholder of MyEG Services Bhd, now known as Zetrix AI Bhd (KL:ZETRIX).

The facility came with a price cap on Zetri...

Cover Story 2: Insights into margin calls on Zetrix’s Wong

A sharp sell-off in Asian tech stocks sent a chill through global equity markets on Thursday, as crowded bets on data centres and other key AI plays faced a reckoning from high and rising interest rates.

Zetrix AI Bhd (KL:ZETRIX) on Thursday confirmed it is under police investigation following a Bursa Malaysia query about a news report on the probe.

Zetrix AI confirms police investigation into company following Bursa query

CTOS Digital Bhd (KL:CTOS) reversed course on Thursday as more analysts downgraded the digital services firm following a major cybersecurity incident.

CTOS Digital resumes descent with more analyst downgrades

THE situation at Zetrix AI Bhd (KL:ZETRIX) appears to be deteriorating, with more issues emerging. Late last Friday (Oct 2), Zetrix and its wholly-owned unit MyEG Sdn Bhd had their roles as collection agents for the Road Transport Department (JPJ) suspended, effective from 12.01am on Oct 5.
...

Cover Story 2: Heading deeper into the woods

Malaysia recorded a 4.5% decline in live births in 2025, while the total fertility rate (TFR) fell to 1.5 children per woman, reflecting a continued downward trend in the country's birth rate.

Malaysia's live births down 4.5%, fertility rate at 1.5 children per woman in 2025 — official data

Nasdaq-listed American Resources Corporation (ARC) has appointed Datuk Mark Ling as chief executive officer of its newly established American Resources Indo Pacific, which will spearhead the group's expansion into the region, starting with the development of an integrated rare earth supply chain in Malaysia.

American Resources appoints former Edra president Mark Ling to lead rare earth supply chain development in Malaysia

Sunway Bhd (KL:SUNWAY) property arm, Sunway Property, soft-launched Tower C — the final tower of Sunway Velocity 3 — on Oct 10 virtually, following a 98% take-up rate across Towers A and B within two years. 
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Sunway Property soft-launches final tower of Sunway Velocity 3

The government plans to introduce a “user-pays” electricity pricing system for large consumers, including data centres and energy-intensive industries, to shield households from rising electricity costs.

Govt plans ‘user-pays’ electricity pricing for data centres, energy-intensive industries

Malaysia is considering hosting Formula One (F1) races once every few years, potentially in collaboration with other countries, following the recent Bahrain Grand Prix held at the Sepang circuit that generated nearly RM950 million in estimated economic returns.

Malaysia mulls F1 return after race generates RM950 mil in economic returns

IN a rare move, Excel Force MSC Bhd ­(KL:­EFORCE) (EForce) has proposed to raise funds of up to RM10.66 million through the issuance of new shares.

According to the company, which last implemented a share placement to raise funds in 2010, the proceeds are required for working capital be...

Cover Story 2: Where did Excel Force’s RM26.6 mil go?

Stocks fell the most since July as a sell-off in chipmakers on Wednesday extended a decline that was fuelled by wagers the US Federal Reserve will keep lifting interest rates to fight inflation.

US stocks fall on inflation woes as chip rout deepens

Malaysia shares fell on Thursday with the benchmark index at the verge of snapping a four-day winning streak amid renewed concerns over rising US interest rates.

Malaysia shares slip as US inflation worries, foreign selling threaten four-day rebound

Oil prices fell by about 2% on Thursday as potential US steps to ease restrictions on Russia's "shadow fleet" tankers soothed price concerns, but attacks on ships in the Middle East and Ukrainian strikes on Russian energy infrastructure limited the decline.

Oil prices slide as US weighs easing sanctions on 'shadow fleet'

Malaysian exporters are likely increasing conversions of their foreign-currency earnings into the ringgit, which stands to boost the local exchange rate through the rest of the year, analysts say.