- 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.
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