Petronas
Petronas Capex Recovery Expected To Boost OGSE Growth
Higher oil prices and increased upstream activity could drive Petronas spending recovery, supporting Malaysia's oilfield services sector.
Category: Development
Tech
Singapore’s Terra Invest Backs Abu Dhabi AI Firm AIREV
Singapore-based Terra Invest joined a strategic funding round for Abu Dhabi agentic AI company AIREV, targeting finance and healthcare uses.
World Business News
Morgan Stanley Slashes Samsung, SK Hynix Price Targets
Morgan Stanley cut its price targets for Samsung Electronics and SK hynix by up to 38%, even as Korean chip stocks rallied.
World Business News
Fox Closes $22 Billion Roku Deal After DOJ Clearance
Fox has completed its $22 billion Roku takeover after the US Justice Department closed its antitrust probe, reshaping streaming leadership.
Business News
PETRONAS and Tenaga Nasional Elevate Malaysia on the Global Energy Stage
PETRONAS and Tenaga Nasional have achieved top global rankings in Brand Finance’s Energy 100 2026 report, reinforcing Malaysia's growing energy influence.
World Business News
CVS Health to Split in Two, Separating Aetna From Drugstores
CVS Health plans to separate into two listed companies by the first half of 2028, splitting Aetna and Caremark from its roughly 9,000 pharmacies,…
World Business News
Aramco Q3 Profit Jumps 34.5% as War Lifts Oil Prices
Saudi Aramco's third-quarter net profit rose 34.5% to US$36.25 billion on higher oil prices and a gain from selling its Malaysian PRefChem stake to…
Stocks and Markets
Daily Trading Briefing Template & Technical Focus: November 4, 2026
Today's trading briefing highlights market performance, sector analysis, and stock strategies, focusing on financials and cautious on technology.
World Business News
Mitsubishi Brings In Blackstone-Led Group for US$3.1 Billion Stake in LNG Canada Unit
A Blackstone-led group including four Canadian pension funds will take a 49.9% non-controlling stake in the Mitsubishi Corp subsidiary holding its 15% interest in…
World Business News
Pfizer Raises 2026 Forecasts as Eliquis and Cancer Drugs Drive Third-Quarter Beat
Pfizer lifted its 2026 revenue forecast to US$62-64 billion and its adjusted EPS outlook to US$2.95-3.05 after third-quarter revenue of US$16.58 billion beat estimates,…
World Business News
Bayer Raises 2026 Outlook as Pharma Beats Expectations, Shares Jump 5%
Bayer lifted its 2026 EBITDA, free cash flow and debt targets after third-quarter pharmaceuticals sales rose 8% to €4.68 billion, beating analyst forecasts, sending…
Petronas
Petronas Records RM152.4 Billion H1 2026 Revenue Driven by Domestic Production and LNG Sales
Petronas achieved RM152.4 billion in revenue in H1 2026 due to higher production and LNG sales, despite rising operational costs.
Stocks and Markets
Mass Board Resignations Deepen Crisis at Embattled Zetrix AI
Zetrix AI loses its entire audit committee and four directors within a month, leaving just three board members remaining.
Business News
Survey Kiwi and CEO James Cooper-Jones Clinch Double Win at Tech X Summit Global 2026 in Singapore
Survey Kiwi wins two prestigious awards for excellence in data collection and technology leadership at Tech X Summit 2026 in Singapore.
Company
Mi Technovation Posts Record 3Q Profit; Downgraded Following SGX Spin-Off
Mi Technovation reported a record 3QFY26 core net profit of RM69.0 million, but analysts downgraded the stock to HOLD.
Property and Construction
Sime Darby Guthrie Sells Selangor Land for RM933m in JV Deal
SD Guthrie disposes of 1,623 acres in Selangor for RM933.57 million to unlock capital, reduce debt, and advance industrial development.