- EQT-Range Merger Sets 0.987-Share Terms for US Gas Combination
EQT will acquire Range Resources in an all-stock deal, with a 0.987-share exchange ratio and a combined enterprise value above US$50 billion, subject to approvals.
- BNM Electronic Trading Framework Takes Effect on November 1
Bank Negara Malaysia has issued a revised framework for wholesale electronic trading platforms, with platform-specific approvals and operational requirements taking effect on 1 Nov
- SK hynix Sets October 28 Return Plan Amid Dividend Reports
SK hynix will outline shareholder returns with its October 28 results. A reported 16 trillion won special dividend remains unconfirmed pending the board decision.
- Infosys Shares Fall as FY27 Growth Outlook Drops to 1–2%
Infosys shares fall in Monday trading after a FY27 growth-guidance cut, while its quarterly results show rising AI revenue, large deals and a higher interim dividend.
- Malaysia Gold Price: Kijang Emas Falls RM146 to RM17,286
Malaysia gold price benchmarks fall on Monday as Kijang Emas drops RM146. Maybank and Public Gold quotes show the separate costs of coins, accounts and bars.
- Anwar Says Unnamed Investor Plans US$50B Malaysia AI Push
Prime Minister Anwar says an unnamed global investor intends a US$50 billion AI and data-centre investment across Sarawak and Peninsular Malaysia, with no deal timetable disclosed.
- Meta Faces US$25 Billion Penalty in New Mexico Privacy Case
Meta faces a US$25 billion New Mexico penalty over Facebook privacy claims, but says it will appeal, leaving the amount and any eventual payment uncertain.
- UN Climate Fund Sets Aside US$21.6M for Nepal Flood Recovery
The UN climate fund provisionally set aside US$21.6 million for Nepal, a first allocation against an estimated US$4.7 billion recovery bill after catastrophic floods.
- Malaysia Gold Price: GB Gold Quotes RM566 Per Gram Saturday
Malaysia gold price quotes differ by product on Saturday, with GB Gold listing a 999.9 bar at RM566 per gram to buy and RM526.38 on buyback.
- UK Consumer Confidence Falls 11 Points as Budget Nears
UK consumer confidence dropped 11 points to -24 in October, its steepest fall since 2016 outside the pandemic, adding pressure on households and the chancellor before next week’s B
- Brent Crude Nears US$115 as Gulf Attacks Raise Supply Fears
Brent crude futures reached a five-month high near US$115 as fresh Gulf attacks and stalled diplomacy revived concerns over energy supply and fuel costs.
- US Health Insurance Costs Push Worker Payments Up 9%
Workers’ average contribution toward employer family health coverage rose 9% to $7,471 in 2026, while total premiums climbed 5%, according to KFF’s annual survey.
- Malaysia Gold Price Falls RM426 as Kijang Emas Slides
Bank Negara Malaysia cut the one-ounce Kijang Emas selling quote RM426 to RM17,432 on Friday, while local 999.9 dealer prices and international spot gold also fell.
- Peacock Profit Hits US$261 Million as Comcast Loses 144,000 Broadband Users
Peacock posted US$261 million of quarterly profit as Comcast lost 144,000 domestic broadband customers.
- Spotify Subscribers Hit 306 Million as Q3 Revenue Rises 16%
Spotify reached 306 million Premium subscribers as third-quarter revenue rose 16% to €4.97 billion.
- Abbott to Spin Off US$8.5 Billion Nutrition Business
Abbott plans to separate its US$8.5 billion Nutrition business into a public company by the end of 2027.
- Asian Stocks Slide as Nikkei Falls 1.6% and Brent Tops $110
Asian stocks fell as the Nikkei lost 1.6%, the Kospi dropped 2.6% and Brent crude moved back above US$110.
- Meta Revenue Jumps 26% as Muse Tops 10 Million Accounts
Meta Q3 revenue rose 26% to US$64.6 billion as Muse passed 10 million accounts and AI spending stayed elevated.
- Tesla Profit Falls 43% as Free Cash Flow Hits US$1.53 Billion
Tesla's Q3 profit fell 43% to US$787 million, but free cash flow rebounded to US$1.53 billion as margins improved.
- Malaysia Gold Price 22 Oct: Kijang Emas Rises RM34
Bank Negara Malaysia raises the one-ounce Kijang Emas selling price by RM34 to RM17,858 as global gold steadies near US$4,138.
- Netflix Stock Falls 6% as Ad Sales Forecast Drops to US$2.7 Billion
Netflix stock fell about 6% after the streamer cut its 2026 advertising revenue forecast to roughly US$2.7 billion.
- Getty Images Files Chapter 11 With US$533 Million Rescue Plan
Getty Images begins a prepackaged Chapter 11 process backed by up to US$533 million as it prepares to go private.
- NWE Resources Opens 10% Higher in Bursa ACE Debut
NWE Resources opens at 22 sen, 10% above its IPO price, as the hospitality and health-products supplier debuts on Bursa's ACE Market.
- Interpol Red Notice Issued for Serba Dinamik Founder
Prime Minister Anwar Ibrahim says Interpol has issued a Red Notice for Serba Dinamik founder Mohd Abdul Karim Abdullah.
- SpaceX Profit Hits $4.4 Billion as Musk Floats Tesla Merger
SpaceX swings to a $4.4 billion quarterly profit as AI revenue surges, while Musk says independent committees are discussing a Tesla merger.
- Malaysia Gold Price 21 Oct: Kijang Emas Falls RM89
Maybank cuts its one-ounce Kijang Emas selling price by RM89 to RM17,824 as Malaysia's 999 spot reference slips to RM542.09 per gram.
- Bank Negara Launches SSDS+ for Tokenised Bonds and Sukuk
Bank Negara Malaysia has launched SSDS+, linking tokenised bond and sukuk infrastructure with round-the-clock central-bank settlement.
- Micron Taiwan Union Sets Oct. 22 Strike as AI Memory Pay Dispute Escalates
Micron workers in Taoyuan will strike on 22 October as Taiwan unions press for a permanent profit-sharing system.
- Trump Announces US$8B Harvest Fuel Relief as Diesel Costs Climb
Trump announces US$8 billion in one-time harvest fuel relief for US farmers as diesel costs rise, with payment details still to come.
- Microsoft Exits Nscale UK AI Data-Centre Deal as Power Slips to 2030s
Microsoft exits Nscale's Loughton AI data-centre project after grid delays push expected power access into the 2030s.
- Alibaba Backs Neolix's $400M Raise After Malaysia RoboVan Approval
Neolix raises nearly US$400 million with Alibaba-linked backing as its Cyberjaya RoboVan approval connects Malaysia to its global expansion.
- Jio IPO Anchor Bids Hit $26.3 Billion as GIC Joins Rush
Jio Platforms draws US$26.3 billion in anchor bids, more than 30 times the quota, as GIC, BlackRock and other global funds seek shares.
- Malaysia Gold Price 20 Oct: Kijang Emas Falls RM198
Maybank cuts its one-ounce Kijang Emas selling price by RM198 to RM17,913 as Malaysia's 999 spot reference slips toward RM543 per gram.
- IHSG Closes Below 5,000 as Indonesia Selloff Extends
Indonesia's IHSG closes down 3.64% at 4,996.60 after touching 4,907.37, as MSCI downgrade concerns keep pressure on Jakarta stocks.
- Malaysia Economy Grows 5.3% in Q3 as Manufacturing Hits 7.5%
Malaysia's economy grew 5.3% in Q3 2026 as manufacturing accelerated to 7.5% and data-centre projects supported construction.
- China GDP Growth Rebounds to 4.5% as Exports Surge
China's economy grows 4.5% in Q3, beating forecasts as exports and factory output offset weak consumption and property investment.
- US Budget Deficit Jumps 12% to $1.99 Trillion as Interest Costs Hit Record
The US budget deficit widened 12.2% to $1.992 trillion in fiscal 2026 as spending and record debt-service costs outpaced revenue growth.
- Trump Waives Russia Sanctions and Energy Tariffs Before Deadline
Trump has waived new Russia sanctions and energy-linked tariffs before they took effect, citing the national interest as oil-price pressure builds.
- iPhone Duo Preorders Open in Malaysia From RM9,499
Apple has opened iPhone Duo preorders in Malaysia from RM9,499, with its first foldable iPhone scheduled to arrive on 23 October.
- Tesla Roadster Flies With SpaceX Thrusters, but Production Waits Until 2028
Tesla's Roadster prototype completed a powered jump and mid-air roll, but customer production remains targeted for 2028 and road approval is unresolved.