The Youth and Sports Ministry will not approve the Hyrox Kuala Lumpur 2026 event, scheduled to take place from Dec 10 to 13, unless the sponsorship from an alcoholic beverage company is withdrawn entirely.

No Hyrox KL unless alcohol sponsorship withdrawn — ministry

TALKING EDGE: From tiles to industrial parks, can NCT Alliance keep up the momentum?

WASHINGTON (Nov 3): Democrat Annie Andrews won South Carolina's US Senate seat on Tuesday, a stunning victory over President Donald Trump's hand-picked candidate Darline Graham in a state that he carried by nearly 18 percentage points just two years ago.

Democrats close in on US House, make gains in Senate

PUTRAJAYA (Nov 4): A three-member Court of Appeal bench on Wednesday has acquitted celebrity preacher Dai Syed of rape in a majority decision.

Celebrity preacher acquitted of rape charge, by majority

The government on Wednesday announced the formation of an independent board to provide leadership, oversight, and monitoring of MediAsas plans moving forward.

Govt forms independent MediAsas board

The Federal Territories Department is studying the use of artificial intelligence (AI) technology, including facial recognition systems, to identify legitimate business licence holders and curb the misuse of business licences around the Kuala Lumpur Wholesale Market.

DBKL studying AI use to address foreign trader issue at KL Wholesale Market, Parliament hears

MUMBAI (Nov 4): Indian palm oil imports surged to their highest in more than a year in October, while soyoil purchases hit a record high, as lower prices prompted refiners to step up buying to build stocks ahead of the festive season, five dealers said.

India's palm oil imports hit 14-month high, soyoil purchases set record

Tan Sri Muhammad Shafee Abdullah, the lead defence counsel for imprisoned Datuk Seri Najib Razak, said that he has no knowledge of rumours that the former prime minister is expected to pay the RM50 million fine on Wednesday, which would pave the way for Najib to start serving his house arrest.

Shafee says no knowledge Najib to pay RM50m fine today

“London, Rome, Paris and Berlin We will fight and we will win.”

 

The ghost of this clarion call of the 1968 protests in Europe has returned, although what was Vietnam then is Iran today.

Many other issues are also di...

My Say: World at war, Europe in turmoil

Markets are near record peaks in current stock markets, especially in the US. Many market pundits think that a bubble is already with us. We do not know when the bubble will peak, nor what will trigger the reversal, but history has given us a double top pattern in bubble behaviour that may be use...

Condivergence: Watch for the double top pattern that precedes a market crash

Tan Sri Muhammad Shafee Abdullah, the lead defence counsel for imprisoned Datuk Seri Najib Razak, said that he has no knowledge of rumours that the former prime minister is expected to pay the RM50 million fine on Wednesday, which would pave the way for Najib to start serving his house arrest.

SINGAPORE (Nov 4): UOB announced net profit of S$1.25 billion for the 3QFY2026 ended Sept 30, down 15% quarter-on-quarter and 10% below the Street’s forecast of S$1.376 billion as other non-interest income (non-II) fell by 41% q-o-q to S$370 million.&nbsp;

UOB's 3Q net profit 10% below expectations due to 41% decline in non-interest income

Local independent palm oil millers could face a hard time selling their crude palm oil (CPO) over the next two months as refineries move to halt deliveries amid record-high inventories, according to industry sources.

Supply glut could soon squeeze independent palm oil millers and smallholders — sources

Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.

Malaysia to expand local currency use through BRICS cooperation — MOF

The ECM Libra Foundation and CVSKL Foundation have teamed up to provide affordable health screenings for serving and former journalists struggling to afford medical care.

ECM Libra, CVSKL foundations team up to provide RM1m in health screenings for senior journalists

SINGAPORE (Nov 4): US stock futures slumped, Treasuries rallied and the dollar softened on Wednesday as Democrats notched early Senate wins, fuelling bets they could wrest control of the chamber from President Donald Trump's Republicans, though the final outcome remained uncertain.

Stocks, dollar slide after some early wins for Democrats in US midterm election

Flash floods hit several areas in Shah Alam following persistent heavy rain early on Wednesday, leaving several major roads inundated and disrupting traffic.

Flash floods hit Shah Alam, disrupt morning traffic

Sime Darby Property Bhd (KL:SIMEPROP) is laying the groundwork for its future growth, as it explores two primary avenues for expansion, including a potential&nbsp;real estate investment trust (REIT)&nbsp;listing by 2028, according to Maybank Investment Bank.

Sime Darby Property mulls REIT listing by 2028, to bank on heavy industrial parks, says Maybank IB

WASHINGTON (Nov 3): Democrat Annie Andrews won South Carolina's US Senate seat on Tuesday, a stunning victory over President Donald Trump's hand-picked candidate Darline Graham in a state that he carried by nearly 18 percentage points just two years ago.

(Nov 4):&nbsp;Advanced Micro Devices Inc, a key challenger to Nvidia Corp&nbsp;in artificial intelligence chips, gave a revenue forecast that exceeded analysts’ estimates, showing that demand for data centre processors remains strong.

AMD forecast exceeds estimates after AI chip demand soars

The group of six Negeri Sembilan deposed Undangs and chieftains will have to answer the committal proceedings at the Seremban High Court.

Negeri Sembilan’s deposed Undangs, chieftains fail to stop committal proceedings

Non-bank financial institutions (NBFIs) do not fall under the regulatory framework of the Securities Commission Malaysia (SC), the Ministry of Finance (MOF) said.

LTAT, EPF, KWAP, Socso and Amanah Raya not under SC regulatory framework — MOF

A consortium led by US billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major Lukoil's international assets and a deal is expected within weeks, four people close to the sales process said.

US billionaire leads swap plan to buy Lukoil's overseas assets — Reuters

A revival of the artificial-intelligence trade powered Wall Street gains, bonds fell and the dollar rose on US Election Day.&nbsp;Chipmakers halted a selloff that had been fueled by worries the AI spending spree is becoming harder to justify.

Chip stocks rally as bonds fall on US election day

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

YOUR DAY AHEAD: Nov 4, 2026 

Binance said on Tuesday hackers used a bogus job interview to compromise a computer and an internal artificial intelligence (AI) tool to gain control over the company's wallets before draining US$6.3 billion (RM25.7 billion) worth of crypto, in what could be the largest-ever financial heist.

Binance hackers used fake job interview to compromise computer before US$6.3 bil attack

Asia-Pacific rail infrastructure investment is projected to reach US$9.6 trillion by 2050, the highest of any region globally, as governments expand networks to meet rising passenger and freight demand, according to a report by PricewaterhouseCoopers (PwC).

Southeast Asia faces varied paths to rail infrastructure growth

Princeton Digital Group (PDG) has secured US$1.3 billion (RM5.3 billion) in green financing for its JH1 campus in Johor.

Princeton Digital Group secures US$1.3b green financing for Johor project

WASHINGTON (Nov 3): US President Donald Trump on Tuesday said he had made a deal with Israeli Prime Minister Benjamin Netanyahu that Washington would stop $4 billion in annual funding to Israel after this year, but will still sell weapons to its close Middle East ally.

In ​a surprise an...

As Americans vote, Trump says US will stop US$4 bil in aid to Israel

(Nov 2): Walt Disney&nbsp;is considering cutting thousands of jobs and has asked some ​managers to target 20% in annual cost savings, Bloomberg ‌News reported on Monday, citing people familiar with the matter.

The reported restructuring effort comes as CEO Josh D'Amaro navigate...

Disney eyes thousands of layoffs, asks managers to target 20% savings

Asia-Pacific rail infrastructure investment is projected to reach US$9.6 trillion by 2050, the highest of any region globally, as governments expand networks to meet rising passenger and freight demand, according to a report by PricewaterhouseCoopers (PwC).

Summary

•    Alam Maritim has exited the offshore support vessel business. It is now exclusively in subsea services, with saturation diving expertise

•    The...

Alam Maritim banks on subsea services after second restructuring

AFTER years of delay, investors in 8 Conlay must now decide on three options presented by the receivers and managers (R&M) of the developer and Magna Prima Bhd (KL:MAGNA) as the rehabilitation developer under a proposed scheme of arrangement as a way forward from the current stalemate. The sc...

Magna Prima: Rehabilitation framework a tangible pathway towards project completion

Johor-based Astaka Padu Sdn Bhd is taking an integrated approach to its latest development in Tampoi, Johor, combining residential, commercial, retail, hospitality and education components with a focus on wellness.

Known as Amora Park, the 11.76-acre freehold development will comprise f...

Cover Story: Astaka Padu debuts first project since going private

Summary

•    654 buyers of 8 Conlay units face a vote within days on a RM700 million rehabilitation that would restart construction, wipe out LAD and end the Kempinski brand

Light at the end of the tunnel for KL’s 8 Conlay?

Summary

•    Eng Lian group has proposed to take Toyo Ventures private via selective capital reduction (SCR) and repayment scheme at 28 sen per share

•    Toy...

Eng Lian’s costly energy bet on Toyo Ventures ends in 28 sen buyout

Malaysian REITs

OVERWEIGHT

RHB INVESTMENT BANK (OCT 20): We continue to like the M-REITs sector for its defensive qualities, with underlying fundamentals still healthy d...

Brokers Digest: Local Equities - Malaysian REITs, CIMB Group Holdings Bhd, Gamuda Bhd, Mr DIY Group (M) Bhd

Summary

•    The haze has taken a toll on the economy, with smaller businesses, lower-income households and outdoor workers among the hardest hit

•    Travel ...

The Edge Malaysia

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