Asian stocks bounced on Wednesday after two days of losses on expectations the US Federal Reserve (Fed) may not need to raise interest rates aggressively next year. American crude extended its rally.

Asian stocks rise on Fed rate signal; oil gains

YOUR DAY AHEAD: Oct 14, 2026

The government has effectively firmed up the national grid system access charge (SAC) for third parties at 18 sen per kilowatt-hour (kWh), sources told The Edge, in an about-turn less than a month after announcing a cut in the rate to 14 sen/kWh.

CRESS grid access charge now 18 sen/kWh after second revision in one month — sources 

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

YOUR DAY AHEAD: Oct 14, 2026 

Federal Reserve Governor Lisa Cook says she will be unable to attend a Nov. 5 hearing at the White House that’s part of a new investigation into mortgage fraud allegations by President Donald Trump.

Fed’s Lisa Cook puts off White House hearing over Trump’s allegations

Against a backdrop of global uncertainty, Malaysia is seen strengthening its position as a competitive and resilient investment destination.

Malaysia stays resilient as global investors seek new growth markets

Oil rose as a flare-up in attacks in the Middle East increased uncertainty over a recovery in energy flows from the Persian Gulf. West Texas Intermediate advanced toward US$95 a barrel, after edging higher in the previous session, while Brent declined to close below US$106.

Oil rises as Middle East attacks increase uncertainty over flows

Stocks bounced from session lows as speculation the Federal Reserve won’t be forced to raise rates aggressively offset lingering worries about elevated oil prices and the outlook for artificial intelligence.

Stocks bounce from lows on Williams’ rate remarks

AmanahRaya Investment Management Sdn Bhd announced that it has temporarily suspended dealings in three funds under its management with immediate effect, citing liquidity constraints.

AmanahRaya Investment Management suspends redemptions in three funds on liquidity constraints

Apple Inc introduced a new device called the HomeView, a US$299 (RM1,221) display that serves as the centrepiece of its push to challenge Amazon.com Inc and Alphabet Inc’s Google in the smart home market.

Apple unveils US$299 HomeView Hub as part of new smart home push

AmanahRaya Investment Management Sdn Bhd announced that it has temporarily suspended dealings in three funds under its management with immediate effect, citing liquidity constraints.

CTOS Digital Bhd (KL:CTOS), whose shares fell to a record low on Tuesday, expects its recent cybersecurity breach to reduce its financial year ending Dec 31, 2026 (FY2026) profit after tax and minority interests (Patami) by RM12 million and revenue by RM16 million.

CTOS estimates RM12m FY2026 profit hit from cyber breach as stock falls to record low

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

Sime Darby, Kelington Group, Critical Holdings, Censof Holdings, Liamson Fleet, Pantech Global, Mentiga Corp, Binasat Communications & CTOS Digital 

Land 33 Bhd (KL:LAND33) is acquiring a 1.05-acre parcel with a two-storey bungalow in Penang for RM32.3 million in cash for future property development.

Land 33 buying one-acre George Town land for RM32 mil for future development

Malaysian banks could see deposits inflows of between RM5.7 billion and RM10.1 billion because of&nbsp;the&nbsp;minimum wage hike and payroll tax deduction for non-MSMEs announced in Budget 2027.&nbsp;

Malaysian banks could see RM10b deposit spike due to Budget 2027 wage measures — Nomura

The government is still seeking to recover funds from National Feedlot Corporation Sdn Bhd (NFC), three years after the High Court ordered the company to make payment over an outstanding loan.

Finance Ministry: Govt still pursuing RM33.74m from National Feedlot Corporation three years after court ruling  

The government has effectively firmed up the national grid system access charge (SAC) for third parties at 18 sen per kilowatt-hour (kWh), sources told The Edge, in an about-turn less than a month after announcing a cut in the rate to 14 sen/kWh.

Wall Street's main indices were muted in choppy trading on Tuesday as chip stocks came under selling pressure again while investors parsed a mixed bag of quarterly results, including those from big US banks.

Wall Street subdued in choppy trade after big bank earnings, chips slide

Apple Inc introduced a new device called the HomeView, a US$299 (RM1,221) display that serves as the centrepiece of its push to challenge Amazon.com Inc and Alphabet Inc’s Google in the smart home market.

Malaysia aims to attract about 250,000 international students by 2030, focusing on a diversity of source countries to strengthen its position as a preferred higher education destination.

Malaysia targets 250,000 international students by 2030 — Zambry

Pantech Global Bhd (KL:PGLOBAL) said it is disposing of a 10-acre freehold land which it acquired less than two years ago for the expansion of its operations in Klang, for RM31.73 million in cash.

Pantech Global to sell former expansion site in Klang for RM31.7 mil

Asian stocks bounced on Wednesday after two days of losses on expectations the US Federal Reserve (Fed) may not need to raise interest rates aggressively next year. American crude extended its rally.

Oil rose as a flare-up in attacks in the Middle East increased uncertainty over a recovery in energy flows from the Persian Gulf.&nbsp;West Texas Intermediate advanced toward US$95 a barrel, after edging higher in the previous session, while Brent declined to close below US$106.

Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) have warned the public against deepfake videos impersonating their senior officers to promote private investment schemes and financial products.

BNM, SC warn against deepfake videos impersonating senior officers

JPMorgan Chase fell short of quarterly profit estimates for the first time in nearly three years as market volatility and an uncertain economic outlook dampened dealmaking and reduced bond market trading activity in recent months.

JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum

Citigroup Inc’s fixed-income traders handed in their best third quarter (3Q) in at least a decade, beating analysts’ expectations and sending the bank’s revenue for the period to one of its highest levels ever.

Citigroup fixed-income traders post higher revenue in 3Q as rivals miss

Johnson &amp; Johnson reported another quarter of anaemic sales in its medical technology division and said it is leaning towards spinning off, rather than selling, its orthopedics business.

Johnson & Johnson mulls spinning off orthopedics business as medtech sales disappoint

The government has completed RM17.15 billion in excess tax refunds involving 3.23 million taxpayer cases in the first nine months of 2026, according to the Ministry of Finance (MOF).

MOF: RM17.15 bil in excess tax refunds paid in first nine months

For Corporate America, the bar to deliver earnings growth that satisfies Wall Street’s bulls is only getting higher.&nbsp;

S&P 500 record rally meets risk of peaking earnings growth

Federal Reserve Governor Lisa Cook says she will be unable to attend a Nov. 5 hearing at the White House that’s part of a new investigation into mortgage fraud allegations by President Donald Trump.

I HAVE a running joke with my boyfriend about cell phone chargers in cars.

Everything we have driven in the past year has had USB ports — typically multiple of them — strewn about the interior, from the US$280,000 (RM1.13 million) McLaren 720S to the US$60-a-day Toyota Yaris we rented r...

Cars: Bentley’s US$244,600 Flying Spur harks back to an era of grandeur

This article first appeared in The Edge Financial Daily, on January 20, 2016.

 

KUALA LUMPUR: Palm oil prices are expected to rise between US$50 (RM218) and US$100 in the next five months due to shrinking stocks as consumption exceeds production, while growth in ...

‘Palm oil prices to rise US$50-US$100’ 

ITALY has chosen Neapolitan pizza as its candidate for protection under Unesco’s Intangible Cultural Heritage list, Italian media repor...

Italy offers Neapolitan pizza for Unesco heritage menu

THE awards season kicked off on Sunday in Los Angeles with the 72nd Golden Globes Awards. Here’s a look at some of Tinseltown’s fashion hits and misses at the event recognising the movie industry for its work.

Garb Galore

THE net overall impact of this year’s 28% plunge in oil prices is positive for the global economy. But it isn’t universal, and it comes with negative dimensions that need to be well understood, lest they end up reversing the benefits.

The good comes from the boost that lower oil prices ...

The good, the bad and the ugly

KUALA LUMPUR: The government’s efforts to narrow fiscal deficit to 3% of gross domestic product (GDP) next year could see a setback if crude oil prices remains below US$70 (RM240.80) per barrel, said the Ministry of Finance (MOF).

“The threshold level of the crude oil price that will ex...

Fiscal deficit target may be derailed

Dear Readers,

ON April 2, 2007 a US real estate investment trust that specialised in subprime mortgage, New Century Financial Corp, filed for bankruptcy — an event that was little noticed around the world.

A month later on May 22, The Edge Media Group, which by then had establ...

FD says goodbye after 13 years

SOLID Automotive Bhd (-ve)
SOLID Automotive Bhd (fundamental: 0.75/3, valuation: 0.9/3) made it into our Stocks with Momentum list yesterday for the eighth time this year.

Solid Automotive shares closed unchanged at 31.5 sen. Some 6.17 million shares were traded,...

Stock With Momentum: SOLID Automotive

Rubberex Corp (M) Bhd (+ve)
TRADING of shares in Rubberex Corp (M) Bhd (fundamental: 1.8/3, valuation: 0.6/3) triggered our momentum algorithm yesterday for the fourth time this month.

Rubberex shares closed up five sen or 4.63% at RM1.13. Some 27.47 million shar...

Stock With Momentum: Rubberex Corp (M)

Ho Wah Genting Bhd (+ve)
TRADING of shares in Ho Wah Genting Bhd (fundamental: 0.55/3, valuation: 0/3) triggered our momentum algorithm yesterday for the fourth time this year.

The company’s share price closed 2.33% or half a sen higher at 22 sen.

the Edge Financial Daily

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

the Edge Financial Daily

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌