This year is an exciting year for investors, with the initial public offerings (IPOs) of some of the world’s most exciting technology companies, including Space Exploration Technologies Corp (SpaceX) and the upcoming artificial intelligence (AI) firm Anthropic.

Getting a slice of Anthropic before its IPO

Singapore's domestic and overseas wealth pool has expanded steadily over the past year, with average assets among the country's high-net-worth clients rising 6% to US$1.5 million (RM6.1 million), a white paper prepared by Citi Wealth and independent research firm RFI Global showed on Thursday.

Singapore's wealthy clients see growing assets over past year, Citi report says 

Sandra Ortega, Spain’s richest woman, has spent most of her life in the small northwestern town of Oleiros, a windy place overlooking the Atlantic Ocean.

Behind Zara billionaire’s modest lifestyle is a growing fortune

KUALA LUMPUR (Oct 6): Two additional general partners (GPs) have been named in Jelawang Capital Sdn Bhd’s inaugural 2025 Emerging Fund Managers’ Programme (EMP) cohort, more than 15 months after the first three were announced.

Two more firms named in Jelawang’s inaugural Emerging Fund Managers’ Programme cohort

KUALA LUMPUR (Oct 6): Malaysia needs to ensure the investments it attracts translate into deeper local supply chains, higher-value jobs and greater participation by domestic companies, said UOB Malaysia CEO Datuk Ng Wei Wei.

Malaysia needs to turn foreign investment into stronger local supply chains

For much of the past two years, investors have asked when the US Federal Reserve would start cutting interest rates. After Jackson Hole, a gathering of central bankers, a more important question has emerged: are markets prepared for rates to remain higher for longer?

The message from Ja...

Pitfalls & Pitch Calls: Rate uncertainty and your portfolio

There is a peculiar feature of modern wealth. Some of the biggest things we aspire to own make surprisingly little financial sense. Take a car. In a city where ride-hailing is readily available, the mathematics of ownership can be difficult to justify once you add the purchase price, depreciation...

Wealth, by Design: Lifestyle tax: The price of the life we choose

Income funds took the spotlight for the third consecutive month. Five of the seven new funds launched from mid-August to mid-September were income or income-related funds, according to the Federation of Investment Managers Malaysia.

The seven funds were AHAM Shariah Gold Tracker Ringgit...

Funds: Seven funds launched from mid-August to mid-September

Tokenisation, the act of representing an asset or claim as a token on a distributed ledger or blockchain, has remained under the radar among local financial institutions. Until recently.

The catalyst, market observers say, came from Bank Negara Malaysia, when it launched the Digital Ass...

Cover Story: Banks shift tokenisation into higher gear

Transitioning from the entertainment industry to the food and beverage (F&B) sector is not easy, but when comedian Ajak Shiro heard his child express a desire to start a fried chicken business, he thought of making the idea a reality.

Ajak, whose real name is Mohd Hanaffi Razak, loo...

Private Deal: Celebrity-founded nasi padang restaurant chain Bumbu Babah aims to raise RM20 mil

Two veterans of Malaysia’s start-up and investment ecosystem — entrepreneur and investor Sivapalan Vivekarajah and former Pitch Platforms Sdn Bhd (pitchIN) chief operating officer Xelia Tong — are launching a RM50 million debut venture fund.

Main Market-listed automotive replacement-par...

Venture Capital: Cypress Asia launches RM50 mil debut venture fund with New Hoong Fatt as anchor investor

Halogen Capital, the country’s first licensed digital asset fund manager, is in the process of launching Malaysia’s first digital currency exchange-traded fund (ETF).

Its founder and CEO Hann Liew says the firm is preparing a shariah-compliant Bitcoin ETF, potentially giving millions of...

TheWall: Halogen aims to go mainstream with ETF, starting with digital assets

Digital wealth platform Cashku announced a distribution partnership with Kenanga Investors Bhd (KIB) to offer investors selected funds with no sales charge and a minimum investment amount of RM10.

Cashku teams up with Kenanga Investors to offer funds from RM10 with no sales charge

KUALA LUMPUR (Sept 25): Khazanah Nasional Bhd’s venture capital fund-of-funds, Jelawang Capital Sdn Bhd, has appointed Howard Soh as CEO, effective Oct 1.

Soh’s appointment comes about 15 months after former CEO Bryan Lim left Jelawang and its parent, Khazanah, at the end of June 2025, ...

Jelawang Capital appoints new CEO Howard Soh after long vacancy

The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has contracted Influenza A and has been advised to rest for five to seven days to ensure a full recovery.

Sultan of Selangor contracts Influenza A, investiture ceremony postponed

Ukraine’s drone forces struck a complex of refineries deep within Russia, even as Kyiv and other parts of the country struggled to restore electricity following overnight Russian strikes on energy infrastructure.

Ukraine strikes Bashneft refineries as Russia attacks power grid

Iran’s Supreme Leader Mojtaba Khamenei ordered his top military commanders to prepare for renewed confrontation with the US and Israel and expand Tehran’s options for retaliation.

Iran’s Khamenei orders military to expand US retaliation plans

Mega Fortris Bhd (KL:MEGAFB) said its major shareholders had obtained a court order seeking details of March share transactions involving one particular shareholder, in response to a Bursa Malaysia query over a two-day sell-off that wiped out more than RM1 billion in market value.

Mega Fortris says major shareholders obtained court order to probe March share trades in response to UMA query 

The government will not become poor or go bankrupt by helping the less fortunate, as the real threats to the country's economy are misconduct among leaders, corruption and financial leakages, Prime Minister Datuk Seri Anwar Ibrahim said.

Govt will not go bankrupt helping the poor — Anwar

As US President Donald Trump threatens renewed attacks against Iran, Tehran’s intermittent strikes on commercial vessels have left the two sides locked in a painful economic standoff.

Shipping strikes in Hormuz leave both sides with economic pain

Binance said it’s in discussions with Malaysian regulators for a licensed business in the country, as the cryptocurrency exchange seeks a route back into a market where authorities have blocked its website and applications.

Binance in talks for Malaysian licence after five-year absence

Fu Chengyu, the former chairman of China Petrochemical Corp (Sinopec), is under investigation for suspected serious violations of discipline and law, China’s top anti-graft agency said on Saturday.

China's graft agency probes ex-Sinopec chairman Fu Chengyu

A total of 47 areas across the country recorded air pollutant index (API) readings at a moderate level as of Saturday evening, while 21 areas recorded good air quality.

Haze-free Malaysia: Good air in 21 areas, moderate readings in 47

Mata Ayer assemblywoman Wan Badariah Wan Saad passed away at Hospital Tuanku Fauziah here at 4.26pm on Saturday.

Mata Ayer assemblywoman Wan Badariah passes away

Gamuda Land and Taylor’s Assets have fully sold Block B of Haus on 15, their mixed-use development on the former Taylor’s College campus in SS15, as they officially launched the project on Saturday and opened Block A for sale. Block B was soft launched in early October.

Gamuda Land, Taylor’s Assets launch Haus on 15 in Subang Jaya; Block B fully sold

Crowds began gathering at Padang Merdeka here as early as 5.30am on Saturday, eager to join celebrity Bella Astillah and Muar Member of Parliament&nbsp;Syed Saddiq Syed Abdul Rahman in celebrating their marriage at a kenduri rakyat.

Over 20,000 turn out for Bella-Syed Saddiq kenduri rakyat in Kota Kinabalu

Binance said it’s in discussions with Malaysian regulators for a licensed business in the country, as the cryptocurrency exchange seeks a route back into a market where authorities have blocked its website and applications.

The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has contracted Influenza A and has been advised to rest for five to seven days to ensure a full recovery.

A total of 79 candidates representing various political parties, coalitions and independents have been confirmed eligible to contest in the 16th Melaka state election on Nov 14.

Melaka polls: 79 candidates to contest 28 seats, straight fights in 11 constituencies

With the dust having settled after nominations on Saturday morning, the battle lines have been drawn, paving the way for political parties to vie for the 28 seats in the upcoming Melaka state election.

Melaka polls: Candidates, key battlegrounds and political stakes

Melaka Malaysian Chinese Association (MCA) chief Datuk Lim Ban Hong is set for a four-cornered race as he seeks to defend the Kelebang <a href="https://theedgemalaysia.com/askedge/elections/state/melaka/N.14" target="_blank">(N.14)</a> state seat in the upcoming Melaka state election.

Melaka MCA chief Lim Ban Hong in four-cornered fight to retain Kelebang seat

Fu Chengyu, the former chairman of China Petrochemical Corp (Sinopec), is under investigation for suspected serious violations of discipline and law, China’s top anti-graft agency said on Saturday.

Barisan Nasional (BN) supports the signing of a confidence and supply agreement (CSA) between the government, Parti Pribumi Bersatu Malaysia, and several independent members of Parliament, and has proposed extending the agreement to other parties from both the government and opposition blocs.

BN supports confidence and supply agreement, proposes extending pact to other parties

What was already destined to be a bad year for Middle East airlines got even worse in October when missiles pummelled the Saudi capital’s airport, killing more than a dozen people and prompting authorities to suspend the hub’s operations.

Houthi attacks on Riyadh airport ramp up flight cancellations

Mata Ayer assemblywoman&nbsp;Wan Badariah Wan Saad&nbsp;passed away&nbsp;at Hospital Tuanku Fauziah here at 4.26pm on Saturday.

Two additional state assembly seats to be contested by MCA candidates in the 16th Melaka state election, namely Kota Laksamana <a href="https://theedgemalaysia.com/askedge/elections/state/melaka/N.20" target="_blank">(N.20)</a> and Bandar Hilir <a href="https://theedgemalaysia.com/askedge/elections/state/melaka/N.22" target="_blank">(N.22)</a>, pose a significant challenge for the party to secure the people's mandate in the state, especially from the Chinese community.

Melaka polls: Two additional seats a great challenge for MCA, says Wee Ka Siong

The government will not become poor or go bankrupt by helping the less fortunate, as the real threats to the country's economy are misconduct among leaders, corruption and financial leakages, Prime Minister Datuk Seri Anwar Ibrahim said.

The Public Service Department (JPA) is confident that civil servants will fully comply with the ban on the use of the Waze navigation application.

Waze ban: Public Service Dept confident of full compliance among civil servants

The European Union (EU) is rushing to forge a new transatlantic alliance just as an old one is falling apart.

As Trump unravels the old world order, Canada and EU join forces

The Attorney General's Chambers (AGC) said it did not interfere in the decision to return former Border Control and Protection Agency director general Datuk Seri Mohd Shuhaily Mohd Zain to the Royal Malaysian Police (PDRM).

AGC says not interfering in Mohd Shuhaily's return to police force

OpenAI chief executive officer Sam Altman met with Samsung Group’s top executives in South Korea on Saturday to deepen cooperation on memory chips and artificial intelligence (AI)&nbsp;infrastructure as global shortages intensify.

OpenAI’s Altman meets Samsung executives as chip crunch deepens

Iran’s Supreme Leader Mojtaba Khamenei ordered his top military commanders to prepare for renewed confrontation with the US and Israel and expand Tehran’s options for retaliation.

A total of 47 areas across the country recorded air pollutant index (API) readings at a moderate level as of Saturday evening, while 21 areas recorded good air quality.

Ukraine’s drone forces struck a complex of refineries deep within Russia, even as Kyiv and other parts of the country struggled to restore electricity following overnight Russian strikes on energy infrastructure.

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