TOKYO (Oct 23): Japan's core consumer inflation exceeded the central bank's 2% target in September for the first time in nine months, data showed on Friday, a sign of broadening price pressure that cements the case for a near-term interest rate hike.

Japan's core inflation exceeds BOJ target, cements near-term rate hike chance

KUALA LUMPUR (Oct 22): The remaining net financial burden borne by the government in relation to 1Malaysia Development Bhd (1MDB) is estimated at RM20.1 billion, assuming no further recovery of funds or assets in the future.

MOF: Govt’s net financial burden related to 1MDB estimated at RM20.1 bil

(Oct 23): Oil prices were little changed in early Asian trade on Friday, after rising 4% to a five-month high in the previous session due to concern of further energy supply disruption after Houthi attacks on top exporter Saudi Arabia.

Oil little changed as supply concern lingers amid Houthi attacks on Saudi Arabia

SEOUL (Oct 23): South Korean chipmaker SK Hynix said on Friday that it had suspended its review of a US initial public offering (IPO) for its Solidigm subsidiary, citing financial market volatility and share price trends.

SK Hynix says Solidigm suspends review of US IPO, citing market volatility

SYDNEY/SAN FRANCISCO/BENGALURU (Oct 23): Sales of Apple's first folding phone, the iPhone Duo, began on Friday, with market watchers betting on whether the device can reinvent the small foldables market just like the iPhone did for smartphones.

Apple launches into foldable market as iPhone Duo sales begin

YOUR DAY AHEAD: Oct 23, 2026

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

YOUR DAY AHEAD: Oct 23, 2026 

Investors are navigating a crowded mix of narratives, from geopolitical tensions and supply chain disruption to energy price volatility, inflation uncertainty and the continuing debate over AI. Yet beneath the noise lies a constructive backdrop, supported by resilient economic growth and strong corporate earnings across regions, especially in the US.

Accelerating AI adoption powers further upside for global markets

Asian stocks were set to extend losses Friday, tracking a slump on Wall Street as a rout in technology giants and escalating Middle East hostilities drove investors toward the safety of bonds.

Asian stocks to slide on tech rout, bonds rally

(Oct 23): The Trump administration is seeking to restrict American investment in Chinese biotechnology companies, potentially complicating financial ties at a time when US drugmakers are increasingly turning to China for new medicines.

US proposes curbs on investment in Chinese biotech firms

Here is a brief recap of some business news and corporate announcements that made headlines on Thursday:

Zetrix AI, RHB Bank, TSH Resources, RedPlanet, Aizo Group, BMS, Harbour-Link, Jati Tinggi, TNB, Kerjaya Prospek, Exsim Hospitality, Pavilion REIT and Foodie Media

The Ministry of Finance (MOF) will allocate RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) in 2027 for early sukuk redemption, with the funds also aimed at strengthening Lembaga Tabung Haji’s (TH) cash flow.

MOF to inject RM1 bil into Urusharta Jamaah for sukuk redemption in 2027

The Ministry of Finance (MOF) said Bank Simpanan Nasional, a statutory body under its purview, has paid RM13.52 million in claims to victims of a fake investment scheme run by a former employee at its Kuching branch.

BSN has refunded 92.9% of claims in Kuching investment scam — MOF

The tech-heavy Nasdaq slid more than 2% on Thursday as growth stocks weakened after earnings from mega-caps Tesla and Meta did little to address artificial intelligence (AI)-related concerns, with a recovery in oil prices further adding to market unease.

Wall Street sinks as Nasdaq falls over 2% on AI cost worries

US Treasuries surged — sending the US 10-year yield back below 5% — as investors sought shelter from tumbling share prices for companies leading the boom in spending on artificial intelligence (AI).

US 10-year yield falls below 5% as investors flock to safe havens

Asian shares fell on Friday as concerns over the enormous funding needs of artificial intelligence (AI) hammered tech and led to the biggest daily rally in Treasuries in more than three years, with investors fleeing to sovereign bonds and safe-haven currencies.

Asian shares wobble as tech rout boosts bonds, dents rate hike bets

Malaysia must strengthen gas supply security, invest in infrastructure and prepare for future demand to maintain a reliable and competitive energy system amid geopolitical uncertainty.

MyGAS 2026: Securing Malaysia’s gas future amid global uncertainty 

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

Taiwan’s stock exchange will shut on Friday as Typhoon Champi approaches the island, bringing heavy rainfall and strong winds and prompting authorities to shut offices and schools in capital city Taipei.

Taiwan’s US$5 tril stock market to close on Friday as Typhoon Champi nears

(Oct 23):&nbsp;The Trump administration is seeking to restrict American investment in Chinese biotechnology companies, potentially complicating financial ties at a time when US drugmakers are increasingly turning to China for new medicines.

(Oct 23): Oil prices were little changed in early Asian trade on Friday, after rising 4% to a five-month high in the previous session due to concern of further energy supply disruption after Houthi attacks on top exporter Saudi Arabia.

(Oct 23):&nbsp;Wall Street shunned stocks as a technology rout and Middle East risks drove investors to the safety of bonds, reducing bets on another Federal Reserve rate hike in 2026.

Stocks fall as AI jitters ease bets on Fed hikes

The US Treasury Department on Thursday proposed new regulations to bar large institutional investors from buying up single-family homes, the latest step in the process to implement the most controversial section of the sweeping bipartisan housing law passed this summer.

Treasury unveils rules banning large investors from buying homes

Mortgage rates fell for the first time in nine weeks, providing little comfort to sellers facing the slowest US housing market in at least 25 years.

US mortgage rates decline for first time in nine weeks, to 7.32%

SYDNEY/SAN FRANCISCO/BENGALURU (Oct 23): Sales of Apple's&nbsp;first folding phone, the iPhone Duo, began on Friday, with market watchers betting on whether the device can reinvent the small foldables market just like the iPhone did for smartphones.

Student safety, TVET development and social protection for industrial trainees were among the key issues raised on the final day of the policy-stage debate on the Supply (Budget) Bill 2027 on Thursday.&nbsp;

School safety, TVET direction among key issues in final day of Budget 2027 debate

The Women, Family and Community Development Ministry (KPWKM) will reveal the findings of a study on bullying conducted through the National Population and Family Development Board (LPPKN) as early as this week or next week.

Bullying study findings to be revealed soon — Nancy Shukri 

SEOUL (Oct 23): South Korean chipmaker SK Hynix&nbsp;said on Friday that it had suspended its review of a US initial public offering (IPO) for its Solidigm subsidiary, citing financial market volatility and share price trends.

KUALA LUMPUR (Oct 22): The remaining net financial burden borne by the government in relation to 1Malaysia Development Bhd (1MDB) is estimated at RM20.1 billion, assuming no further recovery of funds or assets in the future.

TOKYO (Oct 23): Japan's core consumer inflation exceeded the central bank's 2% target in September for the first time in nine months, data showed on Friday, a sign of broadening price pressure that cements the case for a near-term interest rate hike.

Asian shares fell on Friday as concerns over the enormous funding needs of artificial intelligence (AI) hammered tech and led to the biggest daily rally in Treasuries in more than three years, with investors fleeing to sovereign bonds and safe-haven currencies.

The tech-heavy Nasdaq slid more than 2% on Thursday as growth stocks weakened after earnings from mega-caps Tesla and Meta did little to address artificial intelligence (AI)-related concerns, with a recovery in oil prices further adding to market unease.

Global firms and governments rushed on Thursday to patch critical flaws in the PHP programming language that underpins much of the internet, as a cloud firm reported millions of hacking attempts after vulnerabilities were disclosed.

Millions of hacking attempts as companies, governments rush to patch PHP flaws

The number of Americans filing new claims for unemployment benefits dropped to near 57-year lows last week, pointing to low layoffs and labour market stability.

US weekly jobless claims near 57-year lows

Demand for Indian billionaire Mukesh Ambani's US$3.2 billion Jio Platforms IPO swelled to more than five times the shares on offer on Thursday, and the retail portion of the country's biggest ever stock offering was fully subscribed.

The offering is the first by Ambani's Reliance Industries in 20 years and a key part of the billionaire's long-term vision to transform the group from an oil-to-chemicals company into a broader consumer, retail and technology business.

Ambani's record Jio Indian IPO subscribed over five times as demand surges

Blackstone, the world's largest alternative asset manager, posted a drop in third-quarter earnings on Thursday, as a turbulent market environment weighed on its ability to cash in on investments.

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