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.

Russia’s push to replace dollar with China’s yuan collapses

PUTRAJAYA (Nov 11): Former transport minister Anthony Loke attended the Transport Ministry's (MOT) monthly assembly for the last time on Wednesday, following his resignation, which took effect on Tuesday (Nov 10).

Loke attends MOT monthly assembly for final time

BOSTON (Nov 10): The White House withdrew and replaced one of President Donald Trump's judicial nominees on Tuesday, after opposition from key Republican senators cast doubt on his ability to fill a US appeals court seat before Democrats take control of the Senate.

Trump replaces judicial nominee in last-ditch bid to reshape US appeals court

MELAKA (Nov 11): Melaka is targeting RM30 billion in investments over the next five years, averaging RM6 billion annually, with a focus on the electrical and electronics (E&E), semiconductor and high-technology sectors.

Ab Rauf: Melaka targets RM30 bil in investments over next five years

DOHA (Nov 11): The rapid advancement of artificial intelligence (AI) risks creating a new global divide in computing power, potentially widening inequalities between developed and developing nations, particularly those in the Global South, Communications Minister Datuk Seri Fahmi Fadzil said.

Fahmi: AI risks widening global divide, from digital access to computing power

WASHINGTON (Nov 10): The odds that ​the Federal Reserve may raise interest rates by half a percentage point next month jumped on Tuesday after US data showed prices rising faster than expected in October and policymakers opened the ‌door to a quicker pace of rate hikes.

The Consumer Pri...

Fed officials open door to a quicker round of rate hikes as inflation worsens

ORLANDO, Florida (Nov 10): US stocks bucked the global trend and fell on Tuesday, after another bout of surprisingly hot US inflation sparked a surge in bond yields and stoked expectations that interest rates might rise more quickly than envisaged.

This offset the ​decline in oil prices...

Opinion: US rate outlook trumps everything

NEW YORK (Nov 10): The United States and China should harbour no illusions about their differences on artificial intelligence (AI) as they navigate cooperation to mitigate the technology's risks while competing for AI supremacy, US Treasury Secretary Scott Bessent said on Tuesday.

US and China should stay clear-eyed on AI cooperation and competition, Bessent says

NEW YORK (Nov 10): Bond investors are growing more cautious on debt tied to the artificial intelligence boom, highlighting concerns over the expected efforts of a Democrat-controlled Congress to slow the pace of AI investment ​and data center expansion.

US high-yield credit spreads wide...

AI debt faces pressure as Democrats prepare to take over Congress

(Nov 10): The overall ​level of troubled borrowing in the US economy rose modestly in the third quarter but did not ‌appear to signal a notable deterioration in credit quality, a report from the Federal Reserve Bank of New York said on Tuesday.

Loans that were in some form of troub...

Troubled US debt levels ticked up in third quarter, New York Fed report says

SAO PAULO/RIO DE JANEIRO (Nov 10): Brazil's state-run oil firm Petrobras has frustrated market expectations as it increased investment projections for the year while reporting lower-than-expected financial results in the third quarter on Tuesday.

Brazil's Petrobras misses profit estimates, raises 2026 planned investments

Nvidia chief executive officer Jensen Huang's affair with a Chinese businesswoman alleged to be a spy for Beijing facilitated the shipment of at least US$7.5 billion (RM30.4 billion) worth of the company's chips to Chinese firms, The Information reported on Tuesday, citing two people who know her.

Nvidia CEO's affair with alleged spy aided US$7.5 bil in China chip shipments, Information reports

Israel's parliament was sworn in on Tuesday without a new government, after a deadlocked general election stripped Prime Minister Benjamin Netanyahu of his parliamentary majority but left his main rivals with no clear path to power.

Israel's parliament sworn in as Eisenkot tries to forge a government

Federal Reserve Bank of Dallas president Lorie Logan said she still sees the need for at least two quarter-point rate increases, but that the pace of those hikes may need to be quicker than the Fed is moving this fall.

Fed’s Logan favours at least two hikes, says pace could quicken

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.

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

(Nov 11): Singapore publisher SPH Media was hit by a cyber-attack, local media reported, just days after hackers accessed tens of thousands of flight bookings at national carrier Singapore Airlines Ltd.

SPH Media is latest Singapore firm impacted by data breach, report says

Indonesia’s bourse will classify an additional 300 stocks to its high shareholder concentration list, making a third of index members ineligible for benchmark calculations as it seeks to boost transparency in its market.

Indonesia bourse adds 300 stocks to high concentration list

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.

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

SoftBank Group Corp shares dropped as much as 11% after the Japanese tech investor reported its first net loss in almost two years, after a US$3.7 billion (RM15.1 billion) writedown for its US data-centre projects and falling AI valuations.

SoftBank Group shares drop 11% after booking US$7 bil loss

(Nov 11): Nvidia Corp chief executive officer Jensen Huang’s affair with an alleged Chinese spy has underscored how Beijing and other nations are increasingly turning to corporate espionage to gain an edge in the global artificial intelligence race.

Nvidia scandal underscores growing espionage risks for AI firms

Global bonds tumbled and the dollar stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve (Fed) next month, though stocks remained resilient.

Bonds reel as hot inflation fuels jumbo Fed hike fears

The Home Ministry (KDN) is ready to implement the High Court's decision ordering former prime minister Datuk Seri Najib Razak to serve the remainder of his six-year prison sentence under house arrest until Aug 23, 2028.

Najib's house arrest: Home Ministry ready to implement High Court ruling

<blockquote>
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.
</blockquote>

TOKYO (Nov 11): No American argued harder for selling artif...

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

Prime Minister Datuk Seri Anwar Ibrahim should not bow to political pressure to dissolve Parliament ahead of schedule.

PM should not bow to pressure to dissolve Parliament — Loke

(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;

Nvidia board members tap Wachtell’s Kim for Huang probe

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.

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

Global bonds tumbled and the dollar stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve (Fed) next month, though stocks remained resilient.

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

SKA Capital climbs 19% on ACE Market debut

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.

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

YOUR DAY AHEAD: Nov 11, 2026 

Israel's parliament was sworn in on Tuesday without a new government, after a deadlocked general election stripped Prime Minister Benjamin Netanyahu of his parliamentary majority but left his main rivals with no clear path to power.

(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.

CoreWeave targets 2028 profitability as AI demand surges

Wall Street doubled down on wagers the Federal Reserve will need to lift rates more aggressively, with stocks and bonds falling as inflation worries spurred fresh warnings from officials.

Stocks, bonds fall as Fed-hike chorus grows louder

International Business Machines Corp (IBM) is ending immigration sponsorship for some roles in its largest division following a crackdown by the Trump administration on a visa programme that’s been a talent pipeline for the tech industry.

IBM to end immigration sponsorship for roles in biggest unit

OpenAI’s quarterly revenue hit US$10 billion for the first time in the three months ending in September, according to a person familiar with the matter, driven by strong demand for its latest artificial intelligence software.&nbsp;

OpenAI third quarter revenue soars nearly 50% to US$10 bil

Federal Reserve Bank of Dallas president Lorie Logan said she still sees the need for at least two quarter-point rate increases, but that the pace of those hikes may need to be quicker than the Fed is moving this fall.

Wall Street is poised to deliver another banner year for bonuses off record profits for big banks, with questions lingering around what lies further ahead for the industry.&nbsp;

Wall Street bonuses seen climbing before prospects weaken

NEW YORK (Nov 10): The United States and China should harbour no illusions about their differences on artificial intelligence (AI) as they navigate cooperation to mitigate the technology's risks while competing for AI supremacy, US Treasury Secretary Scott Bessent said on Tuesday.

DOHA (Nov 11): The rapid advancement of artificial intelligence (AI) risks creating a new global divide in computing power, potentially widening inequalities between developed and developing nations, particularly those in the Global South, Communications Minister Datuk Seri Fahmi Fadzil said.

Indonesia’s bourse will classify an additional 300 stocks to its high shareholder concentration list, making a third of index members ineligible for benchmark calculations as it seeks to boost transparency in its market.

MUNICH (Nov 10): Nexperia BV could still reunite with its Chinese operations, the Dutch chipmaker's chief executive told Reuters on Tuesday, even though, more than a year after geopolitical tensions split the company, the two sides now have separate businesses.

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