<div class=newsTextDataWrapInner><p data-qa-component="item-headline" data-rc-highlight="headline">(Oct 30): Yemen's Houthis denied launching any attack towards Saudi Arabia on Friday, after the Saudi-led coalition said it had intercepted and destroyed a drone launched by the group over the Mecca region.</p></div>

<div class=newsTextDataWrapInner><p>Houthi military spokesperson Yahya Saree dismissed the coalition's account as false in a post on X, saying the group had not carried out any operation towards Saudi territory. He said its operations target Saudi oil facilities and military bases.</p></div>

<div class=newsTextDataWrapInner><p>The Iran-aligned Houthis have launched a series of cross-border attacks against Saudi Arabia targeting military installations, airports and energy infrastructure.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The group has repeatedly denied targeting Mecca and Medina, Islam's two holiest cities, rejecting previous Saudi-led coalition accusations that it had launched drones towards the cities.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>


(Oct 30): Yemen's Houthis denied launching any attack towards Saudi Arabia on Friday, after the Saudi-led coalition said it had intercepted and destroyed a drone launched by the group over the Mecca region.

Yemen's Houthis deny launching drone after coalition reports interception in Mecca region

The Malaysian Communications and Multimedia Commission (MCMC) has issued spectrum assignments to CelcomDigi Bhd via its wholly-owned subsidiary, CelcomDigi Telecommunications Sdn Bhd (CDTel), for the 2600 MHz and 900 MHz frequency bands under Lot B of the Applicant Information Package No 1 of 2026.

MCMC issues spectrum assignments to CelcomDigi

TOKYO (Oct 30): The Bank of Japan (BOJ) kept interest rates steady on Friday, but declared victory in a nearly 14-year battle to hit its price target and signalled vigilance against inflation risks, suggesting the next rate hike could be as soon as December.

BOJ declares victory in hitting price target, signals near-term hikes

CelcomDigi Bhd (KL:CDB) said on Friday it has received spectrum assignments for two blocks each in the 2600-megahertz and 900-megahertz frequency bands.

CelcomDigi gets formal spectrum assignments, discloses annual fees

Sepang International Circuit (SIC) hopes Petronas will continue its commitment as title sponsor of the Malaysian Motorcycle Grand Prix (MotoGP) after the current contract ends this year, ensuring the continuity of a strategic partnership that began in 2022.

SIC chief executive officer Azhan Shafriman Hanif said the circuit hopes discussions between the current title sponsor and MotoGP commercial rights holder Dorna Sports will reach a positive outcome for both parties to continue staging the prestigious race together.

SIC hopes Petronas will continue as MotoGP Malaysia title sponsor until 2031

WHEN a company faces concerns about questionable transactions or financial records, public attention often turns quickly to one question. Was there fraud? It is an understandable reaction, particularly when public funds, investors’ money or the reputation of a major institution may be at stake. But there is another question worth asking. How should an organisation respond when something appears wrong, before the facts are fully established?

Opinion: From irregularities to accountability: The real test of corporate governance

(Oct 30): The Swiss National Bank reported a solid nine-month profit thanks to its foreign-currency portfolio and gold holdings.

SNB reports nine-month profit on foreign currencies and gold

KUALA LUMPUR (Oct 29): Pharmacy chains operator Big Caring Group Bhd is looking to raise RM2.03 billion in Malaysia's second-largest listing this year.

Big Caring sets Main Market IPO at RM1.08 apiece, substantial shareholders to pocket RM1.33 bil

Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Ni Hsin Group Bhd and Mega Fortis Bhd following the sharp fall in the price of their shares on Friday. 

In an UMA query, the exchange asked Ni Hsin and Mega Fortis to clarify whether there are any corporate developments relating to their respective groups’ business and affairs, including those at the negotiation or discussion stage, that have not been previously announced and that may account for the trading activity.

Bursa issues UMA query to Ni Hsin, Mega Fortis 

KUALA LUMPUR (Oct 30): Two men pleaded not guilty in the Sessions Court here on Friday to charges of creating and posting extremely offensive comments against Yang di-Pertuan Besar of Negeri Sembilan, Tuanku Muhriz Tuanku Munawir, on social media in August.

Two men charged with posting extremely offensive comments against Tuanku Muhriz

GIIB Holdings Bhd said it had no undisclosed corporate developments that could explain the unusual trading activity in its shares, after Bursa Malaysia Securities Bhd queried a sharp fall in its share price.

In a Bursa Malaysia filing on Friday, the rubber compound distributor and tyre retreader company said its board is not aware of any previously unannounced corporate developments, rumours or reports that could account for the trading activity.

No undisclosed developments behind unusual trading activity — GIIB

<p>KUALA LUMPUR (Oct 30): All three audit committee members of Zetrix AI Bhd (KL:ZETRIX) and the majority of its board members resigned within a month, citing personal commitments.</p>

<p>The departure leaves the embattled company with only three directors remaining after four out of seven board ...

Zetrix AI loses entire audit committee, most board members resign

<p>Rakuten Trade Sdn Bhd’s online trading for Bursa Malaysia stocks has been disrupted for more than a week following precautionary measures taken in response to a cybersecurity attempt, with no confirmed date for services to resume.</p>


Rakuten Trade’s Bursa trading has been down for over a week following cyberattack, with no restart date

<p>(Oct 29):&nbsp;Intel shares plunged 21% on Thursday after ​the chipmaker said a deadly explosion at its Israel factory would erase roughly $600 million in revenue over two quarters, while a faltering PC market could ‌dent sales through the first half of next year.</p>

<p>A below-estimates fore...

Intel shares drop 21% on Israel factory blast, PC weakness

<p>Indonesia is set for more consistent rain next month, providing relief from wildfires that have spewed toxic smoke across Singapore and Malaysia, though widespread downpours are still weeks away.</p>


Indonesia rain set to ease toxic haze in Singapore, Malaysia

<p>(Oct 30):&nbsp;A US majority-owned startup plans to invest US$600 million in a rare-earth refinery in Malaysia, seeking to develop a new source of the critical minerals as Washington pushes to reduce its reliance on China.</p>


US-owned startup plans US$600 mil Malaysia rare-earth refinery

<p>MyDCD Bhd may have 91% upside to its listing price though there are risks that investors of the mechanical and electrical engineering firm have to watch out for, according to an analyst.</p>


MyDCD may have 91% upside, but watch out for risks, says analyst

<p>Hackers stole US$6.3 billion from Binance, the world's largest cryptocurrency exchange, in what analysts say is the biggest crypto hack ever, an attack that could prompt investors to rethink the risks of owning digital assets.</p>

<p>The hackers behind the raid were from North Korea, according to US blockchain analysis firms TRM Labs and Chainalysis. The attackers targeted Binance wallets on 10 blockchains and shifted most of the funds in about 20 minutes, TRM Labs said in a statement.</p>


Binance freezes assets after US$6.3 billion heist, crypto industry's biggest

<p>SINGAPORE (Oct 30): Tech shares slumped in Asia on Friday, while the yen rose and bonds surged towards their biggest monthly gain in nearly three years, as investors scurried to safety against worries that huge and rising AI spending may not deliver sufficient returns.</p>


Stocks slump, bonds leap as AI giants' spending spooks investors

<p>MBSB Research remains positive on YTL Power International Bhd’s (KL:YTLPOWR) longer-term growth prospects, underpinned by the ramp-up of its data centre operations in Kulai, Johor, the planned expansion into Sedenak Tech Park West (STeP West), and rising opportunities in the power and digital infrastructure sectors.</p>


MBSB Research sees potential for 4GW data centre campus at YTL Power’s Bukit Kerayong site

<p>SINGAPORE (Oct 30):Oil prices rose on Friday — set for a fourth monthly gain — as an attack on a tanker in the Strait of Hormuz highlighted the continuing supply risks from the US-Israeli war on Iran, which has entered its eighth month.</p>


Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war

<p>PPB Group Bhd (KL:PPB) could see weaker earnings for its third quarter ended Sept 30, 2026 (3QFY2026) following a sharp decline posted by key associate Wilmar International Ltd, said CIMB Securities.</p>


PPB faces weaker 3Q after Wilmar's margins hit by costs, soybean crushing margins — CIMB Securities

<p>(Oct 29): Cash flow is king again.</p>

<p>Wall Street rewarded Microsoft and Oracle on Wednesday for showing that they could ​fund their enormous AI ambitions without endlessly tapping investors.</p>

<p>Alphabet, by contrast, was punished for burning through cash, while Google Search's slow...

Cash is king as investors draw new battle lines in AI spending boom

<p>(Oct 29): Amazon.com&nbsp;on Thursday reported a massive cash burn in the third quarter, sending shares sharply lower, while it signaled higher capital expenditures next year atop an already ​huge amount in 2026.</p>

<p>Amazon's cloud computing cash cow, Amazon Web Services, continued to accel...

Amazon sinks as AI spending eclipses fastest cloud growth in five years

<p>KUALA LUMPUR (Oct 30): The Waterfront Shoppes (TWS) at The Light City in Penang has officially held its soft opening, according to a press statement issued on Thursday (Oct 29). It is located within The Light City, an integrated development that is a joint venture between IJM Corp Bhd (KL:IJM) and Singapore-headquartered Perennial Holdings Private Ltd.</p>


Perennial, IJM Land mark soft opening of Penang's The Waterfront Shoppes

<p>KUALA LUMPUR (Oct 30): Jin Jiang Hotels (Malaysia) is set to introduce Southeast Asia's first Renjoy Hotel in Desaru, Johor, alongside plans to launch a 7 Days Premium Hotel in Tanjung Malim, Perak in the first half of 2027, according to a press statement issued on Thursday (Oct 29). Details of the latter are forthcoming.</p>


Jin Jiang Hotels to open region's first Renjoy Hotel in Desaru; plans 7 Days Premium hotel in Tanjung Malim, Perak

<p>(Oct 29): Wall Street's top alternative asset managers are betting on the AI boom by owning the infrastructure behind it and locking ​in rent through long-term leases.</p>

<p>With concerns growing that debt-laden neocloud companies at the heart of the AI infrastructure boom could default and ‌...

Wall Street's AI bet: Own the infrastructure, collect the rent

<p>A selloff in several tech companies spurred a rotation into a broader category of stocks while fueling a push toward the safety of bonds.</p>


Stock rotation hits AI winners on spending worries

<p>KUALA LUMPUR (Oct 30): Bank Negara Malaysia (BNM) has appointed Federal Territories Mufti Ahmad Fauwaz Fadzil as a member of its Shariah Advisory Council (SAC) for a two-year term, effective Nov 1.</p>


FT Mufti Ahmad Fauwaz joins Bank Negara’s Shariah Advisory Council

<p>OSLO (Oct 29):&nbsp;Forecasts published on Thursday of rapid growth in power demand from data centres in Norway have further underscored concerns among policymakers and energy market operators, ​with one political party calling an emergency debate in parliament next week that ‌may lead to a ban o...