<div class=newsTextDataWrapInner>(Nov 11): Wall Street's main indices opened higher on Wednesday after neocloud firm CoreWeave's strong earnings allowed investors to look past fears of excessive artificial intelligence (AI) spending.</div>

<div class=newsTextDataWrapInner>At 9.30am ET, the Dow Jones Industrial Average rose 27.13 points, or 0.05%, to 52,259.02, the S&amp;P 500 gained 73.02 points, or 0.97%, to 7,593.95, while the Nasdaq Composite gained 385.17 points, or 1.54%, to 25,451.05.</div>

<div class=newsTextDataWrapInner>More to come</div><div class=inPageAd id=div-gpt-ad-inpage></div>

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Wall Street's main indices opened higher on Wednesday after neocloud firm CoreWeave's strong earnings allowed investors to look past fears of excessive artificial intelligence (AI) spending.

Wall St opens higher as CoreWeave lifts AI trade

The expansion of electricity bill protection to cover households consuming up to 800kWh a month is expected to cost RM248 million over four months, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Minister: Expanded electricity bill protection to cost RM248 mil, Tenaga to bear automatic fuel adjustment costs

Barisan Nasional (BN) chairman Datuk Seri Dr Ahmad Zahid Hamidi is confident that the political crisis in Negeri Sembilan will be resolved soon.

Zahid confident Negeri Sembilan political crisis nearing resolution

Oil prices rose about 1% on Wednesday from the previous session's two-month lows, after Iran's security chief said Tehran would not allow even a single particle of enriched nuclear material to leave the country.

Oil up 1% after Iran says no nuclear material will leave country

Mercedes-Benz Group AG’s struggles with shrinking demand in China mean it’s being forced into a complete overhaul of its business in the world’s biggest auto market, according to chief executive officer Ola Källenius.

Mercedes CEO flags pivot to strategy of ‘100% China for China’

Gold prices climbed on Wednesday, but remained anchored near the US$4,000 level after a sharp sell-off in the previous session following a hot US inflation print and hawkish policymakers' comments that tilted market expectations towards further and larger rate hikes.

Gold gains after steep drop, but hawkish central bank signals weigh

The Malaysian Bar has sought the court's permission to challenge the house arrest of Datuk Seri Najib Razak.

Bar files court challenge against Najib's house arrest

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

Zetrix AI, Dialog, United Plantations, Heineken Malaysia, S P Setia, MMAG, Southern Score, L&P Global

Amendments to the Self-Employment Social Security Act 2017 (Act 789) and the Employment Insurance System Act 2017 (Act 800) will be tabled in Parliament in December.

Act amendments for commuter scheme, post-maternity leave allowance to be tabled in Parliament in December, says Ramanan

Home Minister Datuk Seri Saifuddin Nasution Ismail is set to address the terms governing former prime minister Datuk Seri Najib Razak's house arrest in the Dewan Rakyat on Thursday.

Saifuddin to clarify Najib's house arrest terms, monitoring arrangements in Parliament on Thursday

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 roll-out at the end of January 2027.

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

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

Govt extends solar installation deadline until March 2027 for approved applicants

The brewer expressed concern over the continuing impact of the excise duty increase introduced under Budget 2026, which it said had compounded affordability pressures amid an already weak consumer sentiment.

Heineken Malaysia seeks govt restraint on costs as 3Q profit drops 39%

Only Selangor and Kedah have amended their laws to set the minimum marriage age for Muslims at 18, while similar amendments in other states remain subject to their respective deliberations and legislative processes, the Dewan Rakyat was told on Wednesday.

Only Selangor, Kedah amended laws so far to set Muslims' minimum marriage age at 18 — Nancy

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

Malaysia to start electricity market for data centre operators

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.

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

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;

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

Malaysia's benchmark FBM KLCI fell to its lowest close&nbsp;in about 14 months on Wednesday, as heavyweight banks extended their descent amid rising concerns over the impact of higher US interest rates.

KLCI sinks to 14-month low, ends below 1,600 psychological mark

The High Court has given the green light 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.

Court green-lights Abdul Azeez's legal bid against IRB for allegedly cancelling agreement over settled payments

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

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.

Panda Eyes set for ACE Market listing in January 2027

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

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

Tan Sri Shahrir Samad and Tan Sri Tommy Thomas have failed to reach an out-of-court settlement in the former Federal Land Development Authority (Felda) chairman's malicious-prosecution suit against the former attorney general.

Shahrir to continue malicious-prosecution suit against ex-AG Tommy Thomas

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.

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

United Plantations Bhd (KL:UTDPLT) logged a record high third-quarter net profit, underpinned by strong production volumes and firm palm oil prices.

United Plantations posts record 3Q profit, declares 45 sen dividend

LBS Bina Group Bhd (KL:LBS) plans to launch Sherwood Residence — the first phase in its upcoming 192-acre freehold The Reserva master plan located in Kwasa Damansara, Selangor — in April or May next year, said its group executive chairman Tan Sri Lim Hock San during a press conference for the exclusive preview of The Reserva held at M Resort Hotel &amp; hotel Kuala Lumpur on Wednesday.

LBS Bina to launch The Reserva in Kwasa Damansara by 2Q2027

KUALA LUMPUR (Nov 11): Petroleum Sarawak Bhd has agreed to supply natural gas to a South Korean polysilicon manufacturer in Bintulu, Sarawak.

PETROS to supply natural gas to South Korean firm in Bintulu

The woman accused of spying for China during an affair with Nvidia chief Jensen Huang used a Hong Kong passport to enter Taiwan, the island's immigration agency said Wednesday, as authorities investigate the incident.

Chinese woman accused of spying on Nvidia boss entered Taiwan on Hong Kong passport

WHILE national AI discourse remains fixated on driving adoption numbers, our data says Malaysians are becoming active AI users faster than they are becoming confident AI workers.

In a single year, Malaysia’s score in the 2026 WiN World AI Index rose from 60.5 to 67.4, placing us sixth g...

Commentary: Malaysia ranks global sixth in AI adoption but job fears persist

Yang Liu’s parents planted roots in suburban Michigan hoping their son, who was born in China, would find success in the world’s biggest economy. In early 2020, they got their wish: End Game Interactive, the mobile game startup he co-founded in their home, raised US$3 million (RM12.22 million) on the back of breakout hit Zombs Royale.