Forex

Ringgit extends gains at close after Bank Negara decision to hold OPR at 2.75%

KUALA LUMPUR: The ringgit extended its gains against the US dollar and other major currencies on Thursday, closing firmer following Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.

Corporate News

Consortium led by founding Lim family mulls higher offer to privatise Yinson

KUALA LUMPUR: consortium including the founding family of Yinson Holdings Bhd is considering sweetening its bid to take the Kuala Lumpur-listed energy infrastructure company private, according to people familiar with the matter. 

Nation

MCMC testing internet coverage along ECRL route ahead of Dec 12 launch

KUALA TERENGGANU: The Malaysian Communications and Multimedia Commission (MCMC) is conducting speed tests along the East Coast Rail Link (ECRL) to identify areas that require improved internet coverage ahead of the service's launch on Dec 12.

Football

Soccer-Japan FA honorary president Tashima aims to run for FIFA presidency

Nov 5 (Reuters) - Japan Football Association ⁠Honorary President Kozo Tashima announced on Thursday that he intended to ⁠run for the FIFA presidency in next March's election, becoming the ‌first Japanese candidate to seek world football's top job.

Corporate News

Tasco maintains cautiously optimistic outlook

KUALA LUMPUR: Tasco Bhd remains cautiously optimistic over its prospects for the remainder of 2026 as air freight is expected to benefit from the diversion of time-sensitive shipments amid ongoing geopolitical disruptions and changes in global trade routes.

Nation

Education Ministry to maintain 12 weekly language teaching periods under KP2027

PETALING JAYA: The Education Ministry has decided to maintain 12 teaching periods a week for Bahasa Melayu in national schools (SK), Chinese in Chinese national-type schools (SJKC) and Tamil in Tamil national-type schools (SJKT) under the implementation of the 2027 School Curriculum (KP2027).

Rugby

Rugby-Costelow gets nod at flyhalf for Wales against Japan

Nov 5 (Reuters) - Sam ⁠Costelow will start at flyhalf ahead of ⁠Dan Edwards as Wales coach Steve Tandy also ‌named a new midfield for the Nations Championship fixture against Japan in Cardiff on Saturday.

Motorsport

Motor racing-Reaction to death of Australian F1 world champion Jones

Nov 5 (Reuters) - The following are ⁠quotes and reaction to the death on Thursday of former Formula ⁠One world champion Alan Jones, aged 80.

Rugby

Rugby-Capilla set for France debut as Galthie names team to face Fiji

Nov 5 (Reuters) - Uncapped ⁠loose forward Esteban Capilla could make his France debut ⁠off the bench after being named in the ‌matchday 23 by coach Fabien Galthie for Saturday's Nations Championship fixture against Fiji in Lyon.

Nation

Bukit Aman welcomes proposed cybercrime bill to tackle borderless scams

PETALING JAYA: Cybercriminals operating overseas could face legal action under the proposed Cyber Crime Bill 2026 if their offences involve Malaysian systems or victims, says Bukit Aman Commercial Crime Investigation Department director Comm Datuk Rusdi Mohd Isa.

Football

Soccer-Portugal's Ronaldo announces international retirement

Nov 5 (Reuters) - Cristiano Ronaldo said on Thursday he ⁠was retiring from the Portugal team, bringing the curtain down on one of the most illustrious international careers in the history ⁠of football.

Nation

Heavy rain triggers flash floods in parts of Puncak Alam

SHAH ALAM: Several areas at Universiti Teknologi MARA (UiTM) Puncak Alam in Kuala Selangor, were hit by flash floods after heavy rain late Thursday (Nov 5) afternoon, causing water levels to rise and disrupt traffic.

Technology

OpenAI kicks off charm offensive to change voters' view of data centers

SAN FRANCISCO, Nov 5 (Reuters) - Stunning victories ⁠by Democrats in US midterm elections this week have been interpreted by many as Americans repudiating tech industry ⁠plans to build data centers across the country. OpenAI has now embarked on new strategies to change their minds.

Technology

Binance hack prompted US regulators to check in on bank systems, sources say

NEW ⁠YORK, Nov 5 (Reuters) - US regulators contacted banks to check whether their systems had any vulnerabilities after ⁠last week's $6.3 billion hack of Binance, alert to the risks that a hack in crypto ‌markets could affect traditional finance at a time that links have tightened. 

Nation

S'gor MACC nabs local authority officer for allegedly misappropriating RM60,000

PETALING JAYA: A local authority officer has been arrested by the Malaysian Anti-Corruption Commission (MACC) for allegedly misappropriating over RM60,000 from building plan fees.

Philippines

India in final-stage talks to expand BrahMos missile sale to Philippines, sources say

NEW DELHI/MANILA: India is in final-stage talks to expand its sale of supersonic cruise missiles to the Philippines, three sources with direct knowledge of the matter told Reuters, as New Delhi nears completion of deliveries under a 2022 deal.

Nation

Melaka polls: I’m not here to make new promises, says Anwar

MELAKA: Closer cooperation between the federal and state governments will make it easier to deliver development in Melaka, says Datuk Seri Anwar Ibrahim.

World

Erdogan says Turkey-Azerbaijan ties can overcome all obstacles amid growing tensions

ANKARA, Nov 5 (Reuters) - President ⁠Tayyip Erdogan said he believed ties between Turkey and Azerbaijan ⁠could overcome all obstacles and he would visit Baku on ‌November 8, after tensions in recent weeks between the historic allies over regional and domestic policies.

Nation

PETRONAS extends monsoon flood relief support to Sabah disaster committee

KOTA KINABALU: PETRONAS is supporting flood relief efforts in Sabah with contributions of essential supplies to the State Disaster Management Committee (SDMC) to be used during this monsoon season.

World

Death toll from Russian strike on Ukrainian aid centre reaches 42, police say

KYIV, Nov 5 (Reuters) - ⁠The death toll from a Russian bombing ⁠of an aid distribution point in Ukraine's ‌southeastern Zaporizhzhia region on Monday has risen to 42, police said on Thursday, making it one of the deadliest strikes ​on civilians this year.