The importance of proactive governance

As Budget 2027 approaches, property industry players are looking beyond measures to support homeownership, calling for broader reforms to address affordability, rising development costs, infrastructure, sustainability and urban regeneration. While continued support for buyers remains a common the...

Property players look beyond homeownership in Budget 2027 wish list

It was a scorching afternoon when Country Garden Pacificview Sdn Bhd (CGPV) executive director and chief of regional industrial business development Kevin Li and regional vice-president Syarul Izam Sarifudin arrived at The Edge’s office in Petaling Jaya, Selangor. The pair had flown in f...

Cover Story: Playing the long game at Forest City

Our cover story features Johor-based BCB Bhd (KL:BCB), who views Johor’s next phase of growth as not about chasing the latest property cycle, but positioning its developments in the state’s evolving economic landscape.

BCB maps its next phase of growth across Johor

On July 11, a new road was opened between Malaysia and Thailand connecting the Bukit Kayu Hitam ICQS (Immigration, Customs, Quarantine and Security) Complex in Kedah to the new Sadao CIQ (Customs, Immigration and Quarantine) Complex in Songkhla, in southern Thailand. Launched by Prime Minister Da...

Building a northern industrial ecosystem

Building climate resilience is no longer just about recovering from the next massive flood or enduring another scorching heat wave. It requires fundamentally rethinking how our cities grow, fund and protect their most vulnerable populations, according to experts from government planning agencies,...

Planning cities that last

Rehda Youth’s latest Township Tour Series took participants through two aspects of modern property development — how a township is planned and activated, and how its homes are increasingly being built off-site. The Aug 28 visit to Gamuda Cove and Gamuda IBS Banting Factory — both in Selangor — ga...

Rehda Youth tours Gamuda Cove and Gamuda IBS factory

Boosted by a stellar first half, CPI Land Sdn Bhd has reaffirmed its RM2.4 billion gross development value (GDV) target for new launches despite market headwinds.

“Rising costs and market uncertainties are very challenging for the entire industry, not just for CPI Land. For us, we plan ...

Cover Story: Completing Taman Selayang Mulia

As Malaysia readies itself for Budget 2027, property industry stakeholders are, once again, on cue with their annual wish lists.

The “wants” and “needs” sound all too familiar: easier financing, stamp-duty relief, incentives for first-time homebuyers, lower development costs and perhaps...

Who will manage the next million affordable homes?

When Malaya gained its independence in 1957 and later expanded to form Malaysia with Sabah and Sarawak in 1963, it gave citizens the freedom to shape their own future. This trajectory has driven immense economic and social growth, leading many to measure success through material possessions like ...

Big living in small spaces

The Sarawak Artificial Intelligence Centre (SAIC) and IBM Malaysia Sdn Bhd plan to establish the Sarawak Quantum Safe Centre, an innovation hub that will help organisations prepare for cybersecurity risks posed by advances in quantum computing.

SAIC, IBM plan Sarawak quantum-safe centre to address post-quantum cyber risks

KUALA LUMPUR (Sept 30): Consumer finance group Skyro has received approval from the Ministry of Housing and Local Government (KPKT) to conduct online moneylending in Malaysia, marking its second Southeast Asian market after the Philippines.

Philippines’ Skyro gets approval to offer online moneylending in Malaysia

Global networking devices and accessories provider TP-Link Distribution Malaysia Sdn Bhd has launched WiFi 8, a new technology designed to strengthen coverage, manage congestion and reduce interference.

TP-Link launches new WiFi technology to strengthen connectivity, manage congestion

Every important decision we make is, in one way or another, a decision about the future. Parents save for their children’s education in the hope of creating better opportunities. Young professionals choose careers based on where they believe industries are heading. Businesses invest in new produc...

Ideas: Thinking beyond tomorrow

Malaysia is strengthening its cybersecurity foundations as businesses, public services and critical infrastructure become more digitally connected. The Cyber Security Act 2024 has reinforced the importance of stronger governance and accountability, while the adoption of cloud services, automation...

Security: Building the workforce behind Malaysia’s cyber resilience

Last week, I learnt about something called a “dopamine site”, which is basically a website that lets you shop without spending any actual money.

One of them, Dopamine Shop (dopamine-shop.com), looks like any other online marketplace, with a search bar, shopping cart, deals, mystery boxe...

Geekspeak: The thrill (and disappointment) of shopping for nothing

Affluent and high-net-worth (HNW) investors in Malaysia are adopting artificial intelligence (AI) tools for finance and investment, but they still rely heavily on the critical oversight that comes from human professional judgement. This is why more than half, or 58%, still want human-AI synergy when making financial decisions.

Human-AI hybrid preferred in financial decision-making

Just a year ago, most manufacturers experimenting with artificial intelligence (AI) were still in the pilot stage, testing the technology in controlled environments to better understand its potential. That phase is now largely over, says Samson Khaou, executive vice-president for Asia-Pacific at ...

Industry: AI adoption among manufacturers enters a more mature phase

CelcomDigi Bhd (KL:CDB) is expanding beyond mobile connectivity into enterprise technology solutions as slowing growth in the telecommunications market pushes operators to seek new revenue streams.

Kugan Thirunavakarasu, chief enterprise business officer at CelcomDigi, says connectivity...

Connectivity: CelcomDigi looks beyond connectivity for growth

Malaysia’s bid to capture 7% of the global advanced packaging market by 2035 is beginning with five local companies developing an advanced packaging prototype built around an HBM4-capable chip for artificial intelligence (AI) and high-performance computing applications — in a collective attempt t...

Cover Story: What it takes for Malaysia to gain a foothold in advanced packaging

The National Climate Change Bill (Ruupin) could be tabled during the current parliamentary sitting, subject to Cabinet approval, said Natural Resources and Environmental Sustainability Minister Datuk Seri Arthur Joseph Kurup.

Climate Change Bill could be tabled in current parliamentary sitting, says minister

The Malaysian Communication and Multimedia Commission (MCMC) has launched the Lestari: Sustainability Framework and Roadmap 2030 (SFR2030) for the sectors it oversees — telecommunications, broadcasting, and postal and courier.

MCMC launches Lestari roadmap to cut emissions and e-waste

PERAK (Sept 24): About 100 residents of Kampung Sat, an Orang Asli village in Sungkai, now have a reliable source of electricity for home lighting and mobile charging after 10 portable battery energy storage systems (BESS) were deployed to households on Sept 3.

Solar batteries bring power to Orang Asli village in Perak

KUALA LUMPUR (Sept 24): The Malaysian Constitution, shaped by the realities of 1957 and 1963, needs to be revisited if the government is to take greater responsibility for climate action today, said former natural resources and environmental sustainability minister Nik Nazmi Nik Ahmad.

Constitution must reflect today’s climate demands, says Nik Nazmi

The 30% Club has done something important: it put a number on the table. But I want to challenge the number itself. If women are competent, the right target is not 30%. It is 100%. Boardrooms are not Spartan battlegrounds where gender earns entry. They are environments that reward critical thinki...

Views: The case for moving beyond the 30% Club target

Climate scientists have rung the alarm bells: El Niño is underway, with a "super" El Niño developing in the coming months, bringing intensified drought, heatwaves and heavy rainfall. We’re already seeing the effects of it across the world. In Spain, Italy and France, sweltering summer temper...

Views: El Niño: Who is to blame?

Cutting carbon is particularly difficult for a chemical company because many of its products rely on fossil-based raw materials while lower-carbon alternatives often cost far more than buyers are prepared to pay.

That leaves companies with a few broad options, such as investing in activ...

Industry: Petrochemical companies decarbonisation journey still challenging

Plastic bags and straws labelled as biodegradable, compostable, or environmentally friendly are now a common sight in the market. Unfortunately, the reality is that not all of these claims are entirely true and that the use of these materials may end up causing more harm to the environment than t...

Cover Story: Are biodegradable and compostable plastic the greenest solution?

There are only four years left to achieve the Sustainable Development Goals (SDG) by 2030, but it is unlikely that all the 17 SDGs will be fulfilled by the deadline. According to the latest report, only 16% of the SDGs are on a positive pathway, and the rest are significantly off track.

Policy: What’s next after the 2030 Sustainable Development Goals?

The likelihood of El Niño developing now exceeds 90%, bringing expectations of a prolonged period of hotter and potentially drier conditions in Malaysia in early 2027. Climate change could further intensify the heat and other weather extremes.

The Super El Niño

The Edge Billion Ringgit Club 2026

The Edge ESG Awards 2026

The Edge Centurion Club Corporate Awards 2026

The Edge Best Managed & Sustainable Property Awards 2026

The Edge Property Excellence Awards 2026

Analysts warn there is no clear reversal sign yet as the local benchmark index continued its downtrend. More in our quick round-up of today’s biggest stories on theedgemalaysia.com.

E5: FBM KLCI falls to near-year low

This week in Tong’s Portfolio, we take a closer look at MediAsas and the debate over affordable healthcare. But is insurance really the whole problem? We look at the incentives driving rising medical costs - and what needs to change.

Tong’s Portfolio: Fixing medical cost inflation: Change the rules, change the behaviour

ARTELIA returned as a key partner for The Edge Billion Ringgit Club Awards 2026, as it believes that its own brand values align closely with that of the awards.

ARTELIA helps to honour the best of Corp Malaysia

Zetrix AI Bhd (KL:ZETRIX) has confirmed that it owes the Road Transport Department (JPJ) RM314 million in unremitted collections between May and September 2026, and said the liability has been recognised as a payable on its balance sheet.

Zetrix AI confirms RM314m JPJ arrears after Bursa demands direct answer

Defence Minister Datuk Seri Mohamed Khaled Nordin is disputing the auditor general’s projection that the first of the long-delayed littoral combat ship (LCS1) would only achieve full operational readiness by December 2035.

Defence Minister disputes AG's 2035 readiness projection for long-delayed combat ships

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

Yinson, Northern Solar, Aemulus, Datasonic, CIMB, AMMB, PJBumi, MMM Group

Malaysia still faces RM20.1 billion in outstanding obligations related to 1Malaysia Development Bhd (1MDB) if no additional funds are recovered, according to the Ministry of Finance (MOF).

Govt still has to bear RM20.1b 1MDB burden if no further funds recovered — MOF

The Nasdaq and the S&P 500 eased from record highs on Wednesday as Treasury yields and oil prices rebounded, keeping investors cautious as they awaited the minutes of the Federal Reserve's September meeting.

Nasdaq, S&P 500 slip from record highs as yields and oil rebound

Prime Minister Datuk Seri Anwar Ibrahim said the fifth Madani budget is based on a clear resolve to strengthen the nation’s economy and translate growth into a better life for the people.

Anwar: Budget 2027 based on 'clear resolve' to strengthen economy, translate growth into better life

Retail prices for unsubsidised petrol will increase by 15 sen from Oct 8 to Oct 14 as Brent crude oil hovers around US$100 per barrel despite the recovery of crude oil flows from West Asia.

Unsubsidised petrol up 15 sen from Oct 8, diesel prices stay

The first witness for the Federal Land Development Authority conceded in High Court on Wednesday that competing bidders for the agency's prime land along Jalan Semarak were not owned by Synergy Promenade Sdn Bhd shareholder and director Abdul Rahman Soltan, after initially suggesting otherwise.

Felda fraud suit: Witness admits rival bidders for Jalan Semarak land not owned by Synergy Promenade director

KUALA LUMPUR (Oct 7): FTSE Bursa Malaysia KLCI extended its downward trend on Wednesday, falling to an 11-month low as persistent foreign selling and cautious sentiment amid elevated oil prices continued to weigh on the local market.

FBM KLCI slides to nearly a year low as foreign selling, high oil prices weigh on sentiment

The High Court has deferred the scheduled hearing of a judicial review filed by Dr Shaariibuu Setev, following the judge asking the police to respond to an affidavit filed by the Mongolian’s lawyer, which refutes the police’s assertion that there was no duty on their part to inform him of the status of their investigation into Altantuya Shaariibuu’s murder 20 years ago.

Police and govt asked to reply to Shaariibuu lawyer’s affidavit, judicial review hearing rescheduled for Jan 12

CIMB Group Holdings Bhd (KL:CIMB), Malaysia’s second-largest lender by assets, fell to its lowest in three months as banking stocks fell amid persistent concerns over rising bond yields.

Malaysian banking stocks fall as JPMorgan downgrades CIMB, AMMB

KUALA LUMPUR (Oct 7): Glove stocks were among Wednesday's most actively traded counters, led by Top Glove Corp Bhd (KL:TOPGLOV), though analysts cautioned the world's largest glove maker's strong finish to its financial year ended Aug 31, 2026 (FY2026) may not signal a sustained recovery.

Top Glove leads glove stocks higher on strong results, but analysts doubt recovery holds

A summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.

FBM KLCI down 1.32% to 1,611.78 on Oct 7, 2026

KUALA LUMPUR (Oct 7): The High Court on Wednesday has asked Kuala Lumpur City Hall (DBKL) to reconsider whether it wants to continue pursuing its stay application of having to pay RM1.3 million in damages to a retired senior police officer and his wife, over their home being badly damaged after DBKL had allowed the construction of a condominium nearby.

KL City Hall told to reconsider continuing with stay order application over having to pay RM1.3 mil damages

From design to the finished device, a chip goes through four main stages. Global giants dominate each stage, but Bursa Malaysia–listed companies are strongest in assembly and test, and in the equipment, machined parts and automation segments that the entire chain depends on.

Where Malaysian players sit in the semiconductor value chain

At a time when artificial intelligence (AI) is advancing rapidly, the need for cybersecurity spending has also increased significantly. According to a global survey of about 300 cybersecurity leaders conducted by Boston Consulting Group (BCG) and released on Aug 27, cybersecurity spending is expected to continue to grow strongly, with more than 80% of respondents planning to increase their budgets through 2027.

Rising AI complexity fuels cybersecurity spending

The government is reviewing a formal agreement with Dapat Vista Sdn Bhd, the company that operates the eJamin system for online payment of court bail, before submitting it to the Cabinet soon.

eJamin: Govt reviewing formal agreement with Dapat Vista before presenting it to Cabinet

The Ministry of Finance (MOF) is finalising a proposal to enact the Statutory Bodies and Controlled Entities (Financial Governance) Act to strengthen the governance of government-owned companies.

MOF finalising proposed law to strengthen governance of govt-owned companies

The additional tax claim against Tenaga Nasional Bhd (KL:TENAGA) will not result in the cost being passed on to consumers through electricity tariff hikes, said the Ministry of Finance (MOF).

TNB's additional tax claim not passed on to consumers via tariffs, says MOF

The Sarawak State Legislative Assembly is expected to be dissolved in November or two weeks after the state's budget for 2027 is passed.

Sarawak state assembly could be dissolved in November, says Abdul Karim

Lighting solutions provider Speedy Best Holdings Bhd, which also manufactures and sells steel poles and provides smart city solutions, is planning an ACE Market listing to raise funds for capacity expansion and to further develop its proprietary platform that uses artificial intelligence for smart city management.

Speedy Best plans ACE Market IPO to raise funds for capacity expansion

ACE Market-listed Aemulus Holdings Bhd (KL:AEMULUS) has secured new orders worth US$3.86 million (RM15.77 million) from an undisclosed Singapore customer for test systems used in the data centre and artificial intelligence (AI) market.

Aemulus secures RM15.8m orders for data centre, AI test systems from Singapore customer

Bursa Malaysia Securities has dismissed MMM Group Bhd’s (KL:MMM) appeal against the rejection of its proposed regularisation plan, paving the way for the company to be delisted on Oct 12.

MMM Group to be delisted on Oct 12 as Bursa Malaysia dismisses appeal

Enterprise IT services provider Ancile Tech Bhd has filed its draft prospectus for an initial public offering (IPO) on the ACE Market, as it seeks funds to set up an in-house network operations centre (NOC) and security operations centre (SOC), and expand its business beyond northern Peninsular Malaysia.

IT solutions provider Ancile Tech files draft prospectus for ACE Market listing to fund business expansion

The Ministry of Health (MOH) has proposed making a health insurance protection or contribution mechanism mandatory for refugees and asylum seekers registered under the refugee registration document.

MOH proposes mandatory health insurance for refugees, asylum seekers

Police have arrested seven people, including several foreigners, in connection with the theft of 2.5kg of jewellery worth over RM1.7 million from a shopping mall in Genting Highlands, Bentong, in August.

Seven arrested over RM1.7 mil jewellery heist in Genting Highlands

Fixing medical cost inflation: Change the rules, change the behaviour

The 108-page book is as evocative and nostalgic as it is detailed and informative.

Hotelier Chris Ong documents George Town’s intangible cultural and religious customs in 'Heritage Rituals'

Following the theme of "Inheritance", the inaugural event presented a cooking contest in the morning and a special dining experience later on in the evening.

OCBC’s The Private Table highlights importance of preserving traditions through cooking

The cult purveyor of caffeine and curated magazines unveils its temporary Malaysian outlet offering a range of Southeast Asian publications.

Barcelona-based News & Coffee makes its Asian debut in KL

The meeting of minds has yielded the 16 Year Old Limited-Edition Release No 2.

The Edge celebrates Glenfiddich and Aston Martin's latest collaboration for F1

Her exhibition 'Echoes of Time' at Qing Gallery invites viewers to reflect on her personal evolution and progress as an artist.

Mi Qiaoming's unique oil paintings blend Western and traditional Chinese techniques

KUALA LUMPUR (Oct 6): Two additional general partners (GPs) have been named in Jelawang Capital Sdn Bhd’s inaugural 2025 Emerging Fund Managers’ Programme (EMP) cohort, more than 15 months after the first three were announced.

Two more firms named in Jelawang’s inaugural Emerging Fund Managers’ Programme cohort

KUALA LUMPUR (Oct 6): Malaysia needs to ensure the investments it attracts translate into deeper local supply chains, higher-value jobs and greater participation by domestic companies, said UOB Malaysia CEO Datuk Ng Wei Wei.

Malaysia needs to turn foreign investment into stronger local supply chains

For much of the past two years, investors have asked when the US Federal Reserve would start cutting interest rates. After Jackson Hole, a gathering of central bankers, a more important question has emerged: are markets prepared for rates to remain higher for longer?

The message from Ja...

Pitfalls & Pitch Calls: Rate uncertainty and your portfolio

There is a peculiar feature of modern wealth. Some of the biggest things we aspire to own make surprisingly little financial sense. Take a car. In a city where ride-hailing is readily available, the mathematics of ownership can be difficult to justify once you add the purchase price, depreciation...

Wealth, by Design: Lifestyle tax: The price of the life we choose

Income funds took the spotlight for the third consecutive month. Five of the seven new funds launched from mid-August to mid-September were income or income-related funds, according to the Federation of Investment Managers Malaysia.

The seven funds were AHAM Shariah Gold Tracker Ringgit...

Funds: Seven funds launched from mid-August to mid-September

Tokenisation, the act of representing an asset or claim as a token on a distributed ledger or blockchain, has remained under the radar among local financial institutions. Until recently.

The catalyst, market observers say, came from Bank Negara Malaysia, when it launched the Digital Ass...

Cover Story: Banks shift tokenisation into higher gear

Transitioning from the entertainment industry to the food and beverage (F&B) sector is not easy, but when comedian Ajak Shiro heard his child express a desire to start a fried chicken business, he thought of making the idea a reality.

Ajak, whose real name is Mohd Hanaffi Razak, loo...

Private Deal: Celebrity-founded nasi padang restaurant chain Bumbu Babah aims to raise RM20 mil

Two veterans of Malaysia’s start-up and investment ecosystem — entrepreneur and investor Sivapalan Vivekarajah and former Pitch Platforms Sdn Bhd (pitchIN) chief operating officer Xelia Tong — are launching a RM50 million debut venture fund.

Main Market-listed automotive replacement-par...

Venture Capital: Cypress Asia launches RM50 mil debut venture fund with New Hoong Fatt as anchor investor

Halogen Capital, the country’s first licensed digital asset fund manager, is in the process of launching Malaysia’s first digital currency exchange-traded fund (ETF).

Its founder and CEO Hann Liew says the firm is preparing a shariah-compliant Bitcoin ETF, potentially giving millions of...

TheWall: Halogen aims to go mainstream with ETF, starting with digital assets

KUALA LUMPUR (Sept 25): Khazanah Nasional Bhd’s venture capital fund-of-funds, Jelawang Capital Sdn Bhd, has appointed Howard Soh as CEO, effective Oct 1.

Soh’s appointment comes about 15 months after former CEO Bryan Lim left Jelawang and its parent, Khazanah, at the end of June 2025, ...

Jelawang Capital appoints new CEO Howard Soh after long vacancy

THE Negeri Sembilan royal crisis, which developed more than a year ago, has now escalated to competing claims over several issues, including who lawfully holds several Undang offices, whether the process to remove current ruler Tuanku Muhriz Tuanku Munawir was valid, and whether the ruler has the authority to remove the state’s elected officeholders or, conversely, whether those officeholders have the power to remove the ruler.The federal government and the Dewan Keadilan dan Undang-Undang (DKU) have continued to recognise Tuanku Muhriz as the rightful ruler, whereas Menteri Besar Datuk Ismail Lasim and his administration have endorsed a rival proclamation recognising Tunku Nadzaruddin Tuanku Ja’afar as the state’s ruler.

Politics: Chronology of Negeri Sembilan royal crisis 

DUOPHARMA Biotech Bhd (KL:DPHARMA), the country’s largest generic drug manufacturer by market share, is stepping up exports and expanding its biologics portfolio as it looks to offset a decline in domestic market share for human insulin.

Group CEO Wan Amir-Jeffery Wan Abdul Majid says t...

Duopharma eyes biologics, export growth as insulin market share shrinks

ACCESS to Arm’s Compute Subsystem (CSS) would lower the technological barrier for Oppstar Bhd (KL:OPPSTAR) to develop an advanced chip.

But an Arm token is not an instant earnings booster, Oppstar’s senior executives acknowledge in an interview with The Edge.

Its chief operati...

Arm CSS gives Oppstar a head start, not a shortcut to earnings

FOR years, Oppstar Bhd (KL:OPPSTAR) was mainly confined to designing chips for others.

Now, the Penang-based integrated circuit (IC) design house wants to broaden its business scope, becoming a turnkey service provider in the IC chip industry. On top of that, Oppstar intends to tape out...

Oppstar’s ‘2.0’ push: From contracted chip designer to turnkey service provider

TWO years into his tenure as group CEO, How Kim Lian has helped steer Tune Protect Group Bhd (KL:TUNEPRO) out of three consecutive years of losses. The challenge now is to turn that recovery into sustainable growth as weaker travel demand, market volatility and geopolitical tensions weigh on its ...

Tune Protect seeks sustainable growth after turnaround

TUN Dr Hasmah Mohd Ali, one of Malaya’s earliest Malay women doctors and a pioneering public health physician who would spend decades at the centre of Malaysian public life, died on Sept 28 at the age of 100.

Malaysians knew her as Siti Hasmah, though she said in a 2024 podcast intervie...

TRIBUTE | Tun Dr Hasmah — a trailblazer in women’s healthcare and community welfare

Malaysia’s fiscal position is improving, although pressure on the nation’s finances remains considerable.

The federal fiscal deficit narrowed from 4.1% of gross domestic product (GDP) in 2024 to 3.7% in 2025, while federal government revenue increased to RM336.1 billion. Further consoli...

My Say: Tax better before taxing more

When you are in your 60s, a visit to the physio is almost a must. The neck and shoulders stiffen, and so do the glutes. To relieve the nagging pain and loosen the tight muscles, I go to Your Physio in SS15, Subang Jaya.

My regular physio is Akil, and I like him because he explains what ...

My Say: The worth of a degree

HSBC said on Wednesday consultations were underway, after the Financial Times (FT) reported that hundreds of jobs were at risk from the bank's adoption of artificial intelligence (AI).

UK unit job cuts: HSBC says 'consultations' underway amid AI adoption

The holding company of Canada's Weston family has agreed to buy British health and beauty retailer Boots from private equity firm Sycamore Partners and the Pessina family for US$8.9 billion (RM36.4 billion), including debt, it said on Wednesday.

Canada's Weston family buys UK pharmacy chain Boots for US$8.9 bil

The International Energy Agency's (IEA) member countries stand ready to release additional oil from their strategic reserves if necessary and will prioritise diesel due to tight supplies of the fuel, the head of the IEA said on Wednesday.

IEA says member countries ready to release more oil reserves if necessary

British 30-year bond yields rose to a 28-year high on Wednesday as a global bond sell-off pushed equivalent US borrowing costs to their highest since 2002, adding to pressure on finance minister John Healey before his first budget in three weeks' time.

UK 30-year gilt yields hit 28-year high in global sell-off

It’s telling that among the first casualties of David Ellison’s takeover of Warner Bros Discovery Inc were Michael De Luca and Pamela Abdy, the studio executives known for spending freely on auteur-driven films like last year’s best-picture winner, One Battle After Another.

Ellison’s new Skydance seeks to wring more profits from movies

Hundreds of workers at a Micron Technology plant in Taiwan have voted to strike, their union said on Wednesday, after talks with the US memory chip giant over bonus reforms collapsed.

Micron workers at Taiwan plant vote in favour of strike

Oil prices rose on Wednesday, with Brent futures holding above US$100 (RM408.74) a barrel, on continued Middle East supply risks and a storm heading for oil-producing regions in the US.

Oil rises as investors weigh supply threats

Transit routes in the Strait of Hormuz deemed illegal by Iran will soon be closed, an adviser to the Revolutionary Guards' Commander told the semi-official Fars News Agency on Wednesday, referring to the southern pathway hugging Oman's coast.

Iranian official says 'illegal Hormuz routes' to soon be blocked

European stocks and the euro fell sharply on Wednesday as oil prices rose above US$100 amid renewed Middle East tensions while concerns France's fiscal woes could affect broader debt markets continued to weigh on overall sentiment.

European shares, euro slide as energy shock, fiscal worries bite

The interest rate on the most common US home loan jumped last week to its highest in almost three years, worsening affordability for buyers four weeks before elections that will decide if President Donald Trump's Republicans keep control of Congress.

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