<div class=newsTextDataWrapInner><p data-qa-component="item-headline" data-rc-highlight="headline">YOKOHAMA, Japan (Nov 11): Nissan said on Wednesday that its operating profit was nearly wiped out in the second quarter, as a benefit from lower US emissions-related expenses dropped out and an earthquake in southern Japan disrupted operations.</p></div>

<div class=newsTextDataWrapInner><p>Operating profit for the July-September quarter slumped 96% from a year earlier to just 2.1 billion yen (US$13.23 million), versus a median forecast of 60.1 billion in a poll of eight analysts surveyed by LSEG.</p></div>

<div class=newsTextDataWrapInner><p>Despite the steep drop, Nissan retained its full-year operating profit forecast of 200 billion yen, citing momentum in Japan and North America, while China remains challenging.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The automaker also booked a net loss for the first half of the financial year, and faces a tough task in reversing a prolonged decline in global sales after years of scandal and management turmoil.</p></div>

<div class=newsTextDataWrapInner><p>CEO Ivan Espinosa, who took the helm in April 2025, has cut jobs, manufacturing capacity and the number of models in Nissan's lineup as part of a push to restore profitability.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>


YOKOHAMA, Japan (Nov 11): Nissan said on Wednesday that its operating profit was nearly wiped out in the second quarter, as a benefit from lower US emissions-related expenses dropped out and an earthquake in southern Japan disrupted operations.

Nissan's 2Q operating profit tumbles as US emission costs weigh

South Korea’s antitrust regulator imposed a record 1.63 trillion won (US$1.2 billion or RM5 billion) fine on more than a dozen domestic banks and brokerages for colluding in sovereign bond auctions, exposing a yearslong practice that the watchdog said undermined competition and raised the government’s borrowing costs.

South Korea fines bond dealers record US$1.2 bil over collusion

KUALA LUMPUR (Nov 11): No one should be allowed to plunder or pillage the people's or the nation's wealth, even if they have served the country for hundreds of years, said Prime Minister Datuk Seri Anwar Ibrahim.

PM: Service to country no excuse to let anyone plunder public, national wealth

KUALA LUMPUR (Nov 11): Barisan Nasional members of Parliament (MPs) on Wednesday called for an independent review of how the Attorney-General’s Chambers (AGC) handled requests for clarification, which subsequently delayed the implementation of Datuk Seri Najib Razak’s house arrest.

BN MPs seek review of AGC’s clarification process over Najib house arrest

BENGALURU (Nov 11): Goldman Sachs forecast a 25-basis-point Federal Reserve rate increase in March on Tuesday after hotter-than-expected October inflation data prompted it to change its call for an end to the hiking cycle in December.

Goldman adds another rate hike to Fed outlook after hot inflation data

SYDNEY (Nov 11): Stocks in Asia rallied on Wednesday as CoreWeave results waved away AI bubble fears, while global bond yields jumped and the dollar held firm after a hot US inflation print raised the risk of a half-point rate hike next month.

Stocks rally as CoreWeave soothes, bonds reel on rate hike fears

KUALA LUMPUR (Nov 11): Malaysia’s unemployment rate held steady in September as payrolls grew faster than the number of people without jobs, official data on Wednesday showed.

Malaysia’s September unemployment holds steady as job market grows

(Nov 11): Siemens Energy AG said profit margins will swell to as much as 22% by 2030 after the company more than doubled earnings last year on booming demand for gas turbines and power-grid equipment.

Siemens Energy sees 2030 profit surge on gas power demand boom

VILNIUS (Nov 11): The Baltic nations of Lithuania, Latvia and Estonia withdrew on Wednesday a flurry of alerts that had urged citizens to seek shelter against threats from unidentified drones entering from neighbours Russia or Belarus, officials and media said.

Baltic nations briefly issue drone alerts as Russia, Ukraine exchange strikes

Malaysia intends to launch a separate wholesale electricity market for large power consumers, including data centres, the New Straits Times reported.

Malaysia to start electricity market for data centre operators

<blockquote>
<p><em>The Nvidia CEO’s advocacy for selling AI chips to China could be previously explained by self-interest, but things have become a lot murkier, says Catherine Thorbecke for Bloomberg Opinion.</em></p>
</blockquote>

<p>TOKYO (Nov 11): No American argued harder for selling artif...

Opinion: Everything Jensen Huang said about China is out the window

<p>KUALA LUMPUR (Nov 11): Japanese metal materials producer Mitsui Kinzoku is investing 190 billion yen (RM4.87 billlion) &nbsp;to construct a new copper foil plant in Malaysia, as it looks to ensure a stable supply amid rapid growth in the artificial intelligence (AI) and semiconductor markets.</p>


Mitsui Kinzoku to invest RM4.87 bil in new copper foil plant in Malaysia — report

<p>The recent sell-off in YTL Power International Bhd (KL:YTLPOWR) appears excessive as its colocation data centre business continues to support the group's valuation, said CGS International.</p>


CGS International says YTL Power sell-off overdone, stays upbeat on data centre prospects

<p>KUALA LUMPUR (Nov 11): Big Caring Group Bhd could see its already steep listing price soar higher, though longer-term value hinges on its expansion beyond retail, an analyst said.</p>


Big Caring’s already pricey valuations could stretch further — BIMB Securities

<p>SKA Capital Bhd (KL:SKACAP) rose 19% in the electrical engineering firm’s debut on the ACE Market on Wednesday. &nbsp;</p>


SKA Capital climbs 19% on ACE Market debut

<p>(Nov 11) :&nbsp;Nvidia Corp.’s independent board members tapped a former top federal prosecutor to help probe chief executive officer Jensen Huang’s relationship with a suspected Chinese spy.&nbsp;</p>


Nvidia board members tap Wachtell’s Kim for Huang probe

<p>Taxpayers who fail to settle outstanding taxes within six months and do not respond to notices from the Inland Revenue Board (IRB) may be barred from leaving the country, Deputy Finance Minister Liew Chin Tong said.</p>


Taxpayers with tax arrears may face travel ban if dues unpaid within six months — deputy minister

<p>Indonesia’s bourse more than quadrupled the number of stocks found with high shareholder concentration, as it sought to resolve MSCI Inc’s complaints about illiquidity and opaque ownership.</p>


Indonesia to cut 300 more tightly held stocks from benchmark

<p>SYDNEY (Nov 11): Stocks in Asia rallied on Wednesday as CoreWeave results waved away AI bubble fears, while global bond yields jumped and the dollar held firm after a hot US inflation print raised the risk of a half-point rate hike next month.</p>


<p>KUALA LUMPUR (Nov 11): Malaysia's palm oil inventories are expected to start declining in the first quarter of next year as production growth slows from its seasonal peak.&nbsp;</p>


High palm oil inventories set to decline in 1Q2027 as output slows, El Niño risks loom — analysts

<p>Malaysia will allow approved applicants under the SuRIA Home solar rebate programme until March 2027 to complete their installations and retain their rebates.</p>


Govt extends solar installation deadline until March 2027 for approved applicants

<p>Andrea Kimi Antonelli, widely known in Formula One simply as Kimi, is the new king of F1.</p>


MY Say: Kimi Antonelli: F1’s new king and Malaysia’s opportunity

<p>KUALA LUMPUR (Nov 11): The government said on Wednesday that at least four of Malaysia’s largest private hospital groups have expressed interest in joining MediAsas, the nation-backed medical insurance and takaful plan slated for nationwide rollout at the end of January 2027.</p>


Four major private hospital groups keen to join MediAsas ahead of January rollout, says deputy finance minister

<p>KUALA LUMPUR (Nov 11): The High Court has given the greenlight for former Lembaga Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim to pursue his case against the Inland Revenue Board (IRB) for allegedly unilaterally cancelling a prior agreement of the settled payment of over RM4 million in tax and penalties.</p>


Court greenlights Abdul Azeez Rahim's legal bid against IRB for allegedly cancelling agreement over settled payments

<p>Malaysia intends to launch a separate wholesale electricity market for large power consumers, including data centres, the <em>New Straits Times</em> reported.&nbsp;</p>


<p>Panda Eyes Group Bhd has signed an underwriting agreement with M&amp;A Securities Sdn Bhd for the homegrown fashion retailer’s listing slated for January 2027.</p>


Panda Eyes set for ACE Market listing in January 2027

<p>KUALA LUMPUR (Nov 11): Mega Fortris Bhd (KL:MEGAFB) fell as much as 18.06% in Wednesday morning trade, prompting Bursa Malaysia to suspend intraday short-selling (IDSS) of the stock.</p>


Mega Fortris intraday short-selling suspended after stock falls 18%

<p>(Nov 10):&nbsp;CoreWeave said on Tuesday that it would become profitable on an adjusted basis in the first half of 2028, as the AI cloud company sought to reassure investors that strong demand and customer commitments will support its debt-fueled expansion.</p>


CoreWeave targets 2028 profitability as AI demand surges

<p>Here's a heads up on what to look out for today.</p>


YOUR DAY AHEAD: Nov 11, 2026 

<p>Russia has effectively abandoned attempts to replace the dollar with China’s yuan under the pressure of US secondary sanctions, underlining the difficulties facing other nations looking for an alternative global currency.</p>
