<div class=newsTextDataWrapInner><p>(Nov 2):&nbsp;China’s central bank launched daily overnight reverse repurchase operations on Monday, kicking off a revamped liquidity framework that establishes the short-term tool as its primary policy anchor.</p></div>

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<div class=newsTextDataWrapInner><p>The People’s Bank of China (PBOC) conducted 541 billion yuan (US$81.3 billion) overnight reverse repurchases on Monday at 1.25%. After accounting for maturing reverse repos, it resulted in a net withdrawal of 515 billion yuan from the banking system, according to <em>Bloomberg</em> calculations.</p></div>

<div class=newsTextDataWrapInner><p>This marks the first regular session since the PBOC unveiled the overhaul on Friday, formalising a shift away from the seven-day reverse repo rate as its primary policy anchor. Other tools that used to be based on the seven-day benchmark will be linked to the overnight rate going forward, the PBOC had said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>
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(Nov 2): China’s central bank launched daily overnight reverse repurchase operations on Monday, kicking off a revamped liquidity framework that establishes the short-term tool as its primary policy anchor.

PBOC conducts overnight reverse repo as policy anchor shifts

ISF Group Bhd (KL:ISF) has secured four contracts worth a combined RM83.23 million for a hyperscale data centre in Port Dickson, Negeri Sembilan, the largest amount it has announced to date.

ISF Group grows order book to RM225.5m with data centre contracts worth RM83.2m 

E5: Govt to reject new manufacturing licences premised on heavy foreign labour reliance.

Several Penang state assemblymen have called for a State Commission of Inquiry (SCI) to investigate the fatal landslide at Taman Seri Rambai, Paya Terubong last week.

Penang assemblymen call for inquiry into fatal landslide in Paya Terubong

Ahold Delhaize and Colruyt said on Monday that an IT incident overnight hit fridges and freezers in dozens of stores in Belgium and Luxembourg, while Swedish grocers ICA and Coop reported similar temperature spikes, with one store blaming a cyberattack.

European supermarkets hit by new fridge cyber attack

Estee Lauder Cos reported better-than-expected earnings and raised its outlook, the latest sign the beauty conglomerate’s turnaround effort is winning over consumers.

Estee Lauder raises outlook, buoyed by fragrance demand

Barisan Nasional (BN) has pledged to provide improved toilet facilities for 24 homes across four Orang Asli villages in Asahan if it retains the state seat in the upcoming Melaka election.

Melaka polls: BN promises better toilet facilities for Orang Asli in Asahan

Global manufacturing activity remained solid in October but factories are increasingly showing strain from rising energy costs while supply-chain disruptions squeezed margins, surveys showed on Monday.

Manufacturing solid but strain of energy costs, supply disruptions starts to show

Binance's customers have withdrawn almost US$5 billion (RM20.3 billion) from the world's biggest cryptocurrency exchange since it reopened after a hack that saw US$6.3 billion of crypto stolen from the platform in what could be the largest financial heist in history.

Binance says customers pulled net US$4.7b after hack as crypto world weighs risk

Signature Alliance Group Bhd (KL:SAG) said it has secured a RM51.56 million contract to undertake the redevelopment  of  the Underwater World Langkawi aquarium on the island.

Signature Alliance bags RM52 mil contract to redevelop Langkawi aquarium

Singapore has denied investigating a Chinese executive reportedly close to Nvidia chief Jensen Huang, rejecting claims made in a Wall Street Journal report that authorities were "concerned" about possible Chinese espionage.

Singapore denies probe into reported Chinese spy plot linked to Nvidia boss

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<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

<p>•&nbsp;&nbsp; &nbsp;JCorp and CVC, together with the EPF, are shareholders of the fast-food businesses through Massive Equity Sdn Bhd</p>

<p>•&nbsp;&nbsp; &nbsp;Massive Equity wholly owns...

JCorp, CVC said to eye exit from KFC and Pizza Hut

<p>KUALA LUMPUR (Nov 2): The government will reject applications for new manufacturing licences that perpetuate heavy reliance on low-skilled foreign labour, according to Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.</p>


Govt to reject new manufacturing licences premised on heavy foreign labour reliance — trade minister

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<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

<p>•&nbsp;&nbsp; &nbsp;Menara Tun Perak’s listed book value is around RM65.87 million. The building is currently on a 10-year triple-net lease deal with PNB, which generates a minimum rental in...

Menara Tun Perak, Maybank’s former KL headquarters, up for sale, sources say

<p>Tony Lim, the founder of popular Malaysian food and beverage (F&amp;B) chains BananaBro and Boat Noodle, has died at the age of 47.</p>


BananaBro, Boat Noodle founder Tony Lim dies at 47 

<p>RHB Bank Bhd's (KL:RHBBANK) dividend payout appears secure for the year with the fourth-largest bank by assets unfazed by rising bond yields, an analyst said on Monday.</p>


RHB Bank’s dividends intact, not swayed by rising bond yields — analyst

<p>KUALA LUMPUR (Nov 2): Lawmakers have called for reforms to the Malaysian Anti-Corruption Commission (MACC) Act 2009 and urged the government to make the findings of investigations involving former MACC chief commissioner Tan Sri Azam Baki public to prevent future abuse of power.</p>


Lawmakers urge MACC reforms, renew call for public release of Azam Baki probe findings

<p>PETRONAS has signed farm-out agreements with French energy giant TotalEnergies and national oil companies of Kuwait and Thailand for two gas fields offshore Sarawak.</p>


PETRONAS signs farm-out agreements for fields offshore Sarawak

<p>Ray-Ban heir Leonardo Maria Del Vecchio proposed buying out his family members from their shared investment vehicle, in a bid to keep the EssilorLuxottica SA eyewear fortune from Czech arms billionare Michal Strnad.</p>


Ray-Ban heir proposes family buyout after €31 bil Czech bid

<p>The mass exit of Zetrix AI Bhd’s (KL:ZETRIX) three independent directors last week marks the total departure of all four of the group’s independent directors in less than three weeks, leaving behind only three executive directors on its once seven-member board.</p>


Frankly Speaking: An exodus that leaves Zetrix without independent oversight

<p>The Seremban High Court on Monday ruled that the appointment of lawyers in private practice to represent Negeri Sembilan state secretary Datuk Mohd Zafir Ibrahim and the state government is valid under Section 24(3) of the Government Proceedings Act 1956.</p>


High Court dismisses Negeri Sembilan excos objection against private lawyers representing state govt, state secretary   

<p>The Sabah portion of the Pan Borneo Highway (PBH) will go down in the Malaysian record books as one of the costliest road infrastructure projects in the region.</p>


Frankly Speaking: The mind-boggling cost of Sabah’s Pan Borneo Highway

<p>CTOS Digital Bhd (KL:CTOS) said on Monday that all credit reporting services affected by a cybersecurity breach have been restored following the implementation of remediation measures and enhanced security controls.</p>


CTOS fully restores services following cybersecurity breach

<p>KUALA LUMPUR (Nov 2): Pekat Group Bhd (KL:PEKAT) is acquiring six adjoining freehold industrial plots in Nilai, Negeri Sembilan, from Sime Darby Property Bhd (KL:SIMEPROP) for RM30.58 million.</p>


Pekat buys six industrial land plots in Nilai from Sime Darby Property for RM31 mil

<p>Malaysian Border Control and Protection Agency (AKPS) director general Datuk Seri Mohd Shuhaily Mohd Zain returned to work on Monday after taking a week’s leave following his court charge over allegations of assaulting two junior officers.</p>


Border Control DG Shuhaily returns to duty

<p>The Malaysian passport renewal service through the MyOnline passport system will offer a choice of five- or 10-year validity periods starting from Monday.</p>


Five- and 10-year passport renewal options available from Monday via MyOnline system

<p>The Penang government has received no fresh request from Consortium Zenith Construction Sdn Bhd (CZC) to reauction a six-acre (2.42-hectare) plot of land near Gurney Drive after an earlier auction failed to attract bidders.</p>


CZC no longer cash-strapped, no request for reauction of land near Gurney Drive, says Penang CM

<p>Malaysia's strong export performance and foreign direct investment (FDI) inflows may not translate into equivalent gains for the ringgit, as profit repatriation by multinational companies and growing investments abroad offset some of the benefits, according to HSBC Malaysia.</p>


Profit repatriation, AI investment risks could limit ringgit gains — HSBC

<p>CelcomDigi Bhd’s (KL:CDB) core earnings for the financial year ending Dec 31, 2026 (FY2026) to FY2028 are expected to take a small hit, between 1% to 4%, following an assignment to boost its network capacity and coverage, according to CIMB Securities.</p>


CIMB Securities trims CelcomDigi’s FY2026-FY2028 earnings forecasts on spectrum cost

<p>KUALA LUMPUR (Nov 2): Malaysia Aviation Group (MAG) is actively advancing key strategic projects to build capacity and accelerate commercial expansion.</p>


Malaysia Aviation Group advances strategic projects to drive commercial expansion

<p>HSBC expects the ringgit to weaken in 2027, as a resilient greenback and widening interest rate differentials weigh on the local currency.</p>
