<div class=newsTextDataWrapInner>KUALA LUMPUR (Oct 19): American private equity firm KKR is planning to invest some RM2.6 billion in PETRONAS’ renewable energy subsidiary in India, The Economic Times reported on Monday.</div>

<div class=newsTextDataWrapInner>The capital injection will not translate into equity in Gentari Renewable India Pte Ltd for KKR, the Indian business newspaper reported, citing unidentified people familiar with the matter. Instead, KKR will have an option to acquire a stake later, the report said.</div>

<div class=newsTextDataWrapInner>Gentari Renewable India has been looking to raise growth capital to fund expansion of its renewable and green hydrogen projects besides lowering debt, The Economic Times said.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>In March 2025, Gentari Renewable India acquired a 1.6-gigawatt solar and wind portfolio from Brookfield Asset Management for US$900 million (RM3.67 billion). In May 2024, the unit bought a 185-megawatt operating solar portfolio from Fortum Corporation and partners.</div>

<div class=newsTextDataWrapInner>PETRONAS, officially Petroliam Nasional Bhd, has built a presence in India through liquefied natural gas supplies, petrochemicals, petroleum trading and automotive lubricants. The Malaysian national oil company also has a 50:50 joint venture with Indian Oil Corporation on liquefied petroleum gas.</div>

American private equity firm KKR is planning to invest some RM2.6 billion in PETRONAS’ renewable energy subsidiary in India, The Economic Times reported on Monday.

KKR to invest some RM2.6 bil in PETRONAS’ renewable energy venture in India

KUALA LUMPUR (Oct 19): The Works Ministry has rejected claims that delays in the Sabah Pan Borneo Highway project stem from the government’s failure to pay contractors on time.

Works Ministry blames Pan Borneo delays on contractor issues, delivery model change

A private viewing: Hublot × Jeff Koons

Preparing for retirement doesn’t mean not enjoying life now

(Oct 19): Vietnam aims to introduce stock index options in the first quarter of next year as the country seeks to deepen its capital markets and attract more overseas investors following an upgrade to its equity market.

Vietnam plans index options for next year after FTSE upgrade

Middle 40% income (M40) earners who have lost their jobs or whose financial circumstances have changed can appeal to the government for assistance and have their eligibility reassessed, the Dewan Rakyat was told on Monday.

M40 households can seek aid reassessment after income loss — MOF

Iran's offer to the US to reopen the Strait of Hormuz within seven days is still on the table, Foreign Minister Abbas Araqchi told Iranian media outlets on Sunday.

Iran urges US to accept proposal to reopen Strait of Hormuz

KUALA LUMPUR (Oct 19): Zetrix AI Bhd (KL:ZETRIX) said on Monday that it is withdrawing a planned dividend payment declared two months to conserve cash.

Zetrix AI rescinds dividend plan to conserve cash

BEIJING (Oct 19): China's economy grew faster than expected in the third quarter as a surge in exports and strong factory activity offset persistent weakness in domestic demand, easing pressure on policymakers to roll out more forceful stimulus measures.

China's economy picks up pace in 3Q as exports power uneven recovery

Gold prices edged higher on Monday as softer oil prices offered support, while investors assessed the chances of a Federal Reserve (Fed) interest rate hike later this year and looked for fresh signals on the US central bank's policy trajectory.

Gold edges higher on softer oil; Fed rate outlook in focus

KUALA LUMPUR (Oct 19): Malaysia was among Asian markets that recorded net foreign institutional outflows last week, with foreign institutions extending their net selling streak on Bursa Malaysia to four consecutive weeks, amounting to RM270.2 million, according to MBSB Investment Bank Bhd (MBSB IB).

Malaysia among Asian markets recording net selling last week — MBSB IB

KUALA LUMPUR (Oct 19): Zetrix AI Bhd (KL:ZETRIX) said on Monday that it is withdrawing a planned dividend payment declared two months to conserve cash.

KUALA LUMPUR (Oct 19): The Negeri Sembilan Dewan Keadilan dan Undang (DKU) and its secretary last Friday (Oct 16) filed an application at the Seremban High Court, seeking permission to initiate contempt proceedings against Menteri Besar Datuk Ismail Lasim, its 10 former executive council (exco)&nbsp;members and six others.

DKU and its secretary seek permission to initiate contempt against Negeri Sembilan MB and 16 others

SINGAPORE (Oct 19): Oil prices slipped on Monday after US President Donald Trump waived sanctions and tariffs on Russia that may lead to more Russian fuel exports.

Oil tumbles as Trump's Russia sanctions waiver may lead to more fuel supplies

A budget should be judged by both the relief it provides today and the productive capability it builds for tomorrow.

Tong's Portfolio - Budget 2027: More to spend, less to build?

American private equity firm KKR is planning to invest some RM2.6 billion in PETRONAS’ renewable energy subsidiary in India, The Economic Times reported on Monday.

KUALA LUMPUR (Oct 19): MS&amp;AD Insurance Group Holdings Inc is exploring a takeover of Malaysian insurer LPI Capital Bhd (KL:LPI) for growth overseas, Bloomberg reported.

Japan’s MS&AD said to consider deal for Malaysia’s LPI Capital — Bloomberg

US stock futures rose and oil edged lower as traders prepared for a packed week of corporate earnings and Chinese economic data against a backdrop of heightened geopolitical risks.

US stock futures rise ahead of busy earnings week

Asian share markets slipped on Monday as unease over artificial intelligence's (AI)&nbsp;enormous funding needs undermined confidence ahead of a week packed with earnings, while Chinese economic data pipped forecasts in a positive for world growth.

Asian stocks slip, Wall Street and bonds benefit from oil skid

Digital Nasional Bhd, which deploys Malaysia’s 5G network infrastructure, no longer requires any support from the government, Communications Minister Datuk Seri Fahmi Fadzil said.

Digital Nasional no longer needs state support, govt exposure reduced to nil — Fahmi

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

YOUR DAY AHEAD: Oct 19, 2026 

JAKARTA (Oct 19): The Indonesia Stock Exchange said on Monday that it has cut its lower auto-rejection limit to 7% from 15%, a move it said would support investors in making decisions.

Indonesia bourse cuts its lower auto-rejection limit to 7% from 15%

When Hublot paired a precious gold case with a rubber strap in 1980, the luxury watch world called it heresy.

Taking shape: The Edge, HSBC Malaysia and The Hour Glass Malaysia host private viewing of radical timepieces by Hublot and artist Jeff Koons

A total of 27 areas nationwide recorded unhealthy air pollutant index (API) readings as of 9am on Monday, with Johan Setia in Selangor recording the highest reading at 172.

Haze: Unhealthy air in 27 areas, reading highest at 172 in Selangor's Johan Setia

Indonesian stocks slid to a six-year low on Monday as a warning from MSCI over possible expulsion from its global indices next year rattled fragile investor sentiment, sharpening the focus on how Jakarta intends to allay the index provider's concerns.

Indonesian stocks slide to six-year low as MSCI warning weighs

KUALA LUMPUR (Oct 19): Malaysia was among Asian markets that recorded net foreign institutional outflows last week, with foreign institutions extending their net selling streak on Bursa Malaysia to four consecutive weeks, amounting to RM270.2 million, according to MBSB Investment Bank Bhd (MBSB IB).

The week ahead will begin on Oct 19 with the reporting of Malaysia’s September external trade data, keenly watched by economists and the market given the stellar performance so far this year.

Bloomberg estimates put export growth &nbsp;at 37.4% year on year and imports at 9% y-o-y. The ...

The Week Ahead: Malaysia September export data, two of Magnificent 7 earnings to take spotlight

Aid for middle 40% income (M40) households, allocations for the Madani school and Kampung Angkat programmes, and the effectiveness of the Tourism Compliance Focus Zone (ZTPP) programme are among the issues scheduled to be raised at the Dewan Rakyat sitting on Monday.

M40, Madani allocations, tourism compliance zone on Dewan Rakyat agenda on Monday

（吉隆坡19日讯）Zetrix AI Bhd（KL:ZETRIX）周一表示，为了保留现金，公司将撤回两个月前宣布的派息计划。

为了保留现金 Zetrix AI取消派息计划

(Oct 19):&nbsp;Meta Platforms Inc&nbsp;said an automated security system mistakenly suspended the Instagram account of the No Kings Coalition at the height of a nationwide series of demonstrations.

Meta says Claude AI tool triggered No Kings Instagram suspension

BENGALURU (Oct 18): An Austrian Airlines flight from Tel Aviv carrying 57 people was diverted to the Bulgarian capital Sofia late on Sunday after a threat was made against the aircraft, an airline spokesperson told Reuters.