
Local & World Business News

Taiwan’s Foxconn expands AI push with OpenAI deal
The partnership positions the tech giant firmly among AI infrastructure leaders after pivoting from low-margin iPhone assembly.
World Business

Singapore sees slower 2026 after robust year against tariffs

Livestream giant Twitch to ban under-16s in Australia
Investors return to dumping riskier assets as jitters over inflated tech stock prices resurface, despite Nvidia’s impressive earnings.
The government is expected to announce a stimulus package worth at least US$127 billion, including energy subsidies and tax cuts.
The White House reverses the 40% import tax, which raised US food prices and could trigger refunds of collected duties.
The super-heavy rocket will expand launch options, supporting missions including critical national security tasks such as Golden Dome.
Local Business

Bursa extends losses on Wall Street’s AI sector jitters

Farm Fresh bets on Southeast Asia for next leg of growth
The local note strengthens to 4.1515/4.1645 as US nonfarm payrolls for September beat expectations.
The degree of policy uncertainties has become elevated and this would support the value of US dollar in the near term, says analyst.
The proposed acquisition supports Affin Bank’s vision to become a universal bank by expanding into the asset management business.

Bursa ends lower on late selling
The benchmark index reversed earlier gains as buying interests shift to mid and small cap stocks.









