OpenAI Cuts Latest Funding Goal to US$20 Billion as AI Capital Scrutiny Deepens
OpenAI is reportedly seeking up to USD 20 billion in a still-open funding round, below its earlier target, but the company has not confirmed final proceeds or valuation.
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Meta and Fourier’s Reported Humanoid Prototype Opens a New AI Hardware Frontier
Meta and Fourier are reportedly developing humanoid robot prototypes, but the companies have not confirmed the project or disclosed its cost, capabilities or commercial timeline.
Binance Says It Has Replenished 90% of US$6.3 Billion Hack Losses
Binance says it has replenished 90% of assets affected by a US$6.3 billion security incident, while less-liquid tokens and full reserve verification remain outstanding.
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Malaysia Stock Market
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Big Caring’s RM8 Billion IPO: What Should Investors Examine Beyond the Headline?
Big Caring’s proposed RM8 billion valuation puts its IPO in focus. We examine where the proceeds go, how debt repayment could support earnings and what investors should consider about valuation and dividends.
YTL Power Bukit Kerayong Site Could Support 4GW Data-Centre Campus, Research Says
FBM KLCI Rebounds 0.07% as Plantation Stocks Support Bursa Malaysia
Market Pulse
Mestron Secures 21-Year Enhanced Tariff for Gua Musang Biogas Expansion
MyDCD’s Data-Centre IPO Draws 91% Upside Call, but Concentration Risks Remain
Petronas Reports RM152.4 Billion First-Half Revenue as LNG Volumes Support Malaysia’s Energy Base
Zetrix AI Audit Committee Left Vacant After Two More Director Resignations
JF Tech Proposes 2-for-5 Free Warrant Issue for Shareholders
SLGC Secures RM50.2 Million EPC Contract for Selangor Factory
Axis-REIT Net Trust Income Rises 5.1% as Portfolio Expands
DXN Profit Rises 29.9% as Margins Widen in Second Quarter
AI, Science & Technology
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OpenAI Cuts Latest Funding Goal to US$20 Billion as AI Capital Scrutiny Deepens
OpenAI is reportedly seeking up to USD 20 billion in a still-open funding round, below its earlier target, but the company has not confirmed final proceeds or valuation.
Innovation Signals
Foxconn Signals New OpenAI Tie-Up as AI Infrastructure Drives Growth Strategy
Trump Moves to Replace “Artificial Intelligence” With “Superintelligence” in US Documents
Nvidia Says Singapore Business Ties Under Probe Were Normal
Nvidia Reportedly Weighs Credit Support for Nscale’s US$45 Billion Anthropic Deal
AI Agents May Change Middle Management Rather Than Eliminate It
Wall Street Turns AI Infrastructure Into Long-Dated Rental Income
US Data-Centre Expansion Meets Growing Ballot-Box Resistance
Microsoft Plans About US$25 Billion US Bond Sale to Fund AI Expansion
Asia News
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HKT to Exit US Telecom Market by September 2027 Under FCC Agreement
Singapore Airlines Extends Dubai Flight Cancellations Through February 2027
China’s Factory PMI Returns to Contraction as Demand Weakens
China’s manufacturing PMI returned below 50 in October as new orders and production weakened, while large firms continued to report expansion.
Asia Brief
Laos–Singapore 500MW Renewable Power Proposal Tests ASEAN Energy Integration
DBS Retains ASEAN’s Most Valuable Brand as Grab Value Jumps 53%
Red Hat Opens Singapore AI Centre to Accelerate Asia-Pacific Deployment
Bank of Japan Holds Rate at 1.25% and Accelerates ETF Sales to 860 Billion Yen
Yen Holds Steady Ahead of BOJ Decision as AI Jitters Lift Treasuries
AEM Leads Singapore Chip Sell-Off as Alphabet’s Record Drop Rekindles AI Doubts
Starbucks Profit Surges as China Shift Weighs on Fourth-Quarter Revenue
Vietnam Lawmakers Seek Clearer Exchange Rules and Foreign-Investor Access
Malaysia News
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Binance Explores Return to Malaysia After Five Years as Licensing Talks Raise Regulatory Questions
Binance has confirmed 10 months of discussions with Malaysia's Securities Commission and Bank Negara over a possible licensed business model, potentially opening the door to its return after more than five years of restrictions.
Malaysia’s Bunkering Sector Seeks Bank Financing to Compete with Singapore
Singapore’s Long-Serving Blue-Chip CEOs Put Succession Planning in Focus
Across Malaysia
CelcomDigi Secures Four- and Five-Year Spectrum Assignments From MCMC
Prudential Launches Levela as Liew Chin Tong Warns of Rising Financial Pressures on Malaysians
Anwar Orders Rapid KL and Transport Ministry to Address Train Overcrowding
Malaysia Budget 2027 Clears Policy Stage as GLC Governance Takes Centre Stage
Malaysia Growth Set to Stay Above 5% as Third-Quarter GDP Reaches 5.3%
Ringgit Extends Ten-Day Rally as Traders Reprice Malaysia’s Currency Outlook
Malaysia Open to Releasing Full Report on Azam Baki Shareholding Probe
AmanahRaya REIT Unveils Sustainability Strategy as RM1.32 Billion Property Portfolio Enters New Growth Phase
World News
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Binance Says It Has Replenished 90% of US$6.3 Billion Hack Losses
Binance says it has replenished 90% of assets affected by a US$6.3 billion security incident, while less-liquid tokens and full reserve verification remain outstanding.
