<div class=newsTextDataWrapInner>KUALA LUMPUR (Sept 10): Malaysian state oil firm
Petronas confirmed on Tuesday it would withdraw from
its flagship Petrocarabobo crude oil project in Venezuela.</div>
 <div class=newsTextDataWrapInner>"Petronas confirms that its subsidiary, PC Venezuela Ltd,
has decided to withdraw its 11 percent participation in the
Carabobo project and has communicated to this effect on 27
August 2013 to the Venezuelan authorities," Petronas said in a
statement.</div><div class=newsTextDataWrapInner>
 The withdrawal was part of the company's strategic review of
its global assets and would not further delay a planned $19
billion refinery project in southern Malaysia, two Petronas
sources told Reuters. - Reuters </div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (Sept 10): Malaysian state oil firm
Petronas confirmed on Tuesday it would withdraw from
its flagship Petrocarabobo crude oil project in Venezuela.
              "Petronas confirms that its subsidiary, PC Venezuela Ltd,
has decided to withdraw its 11 percent participation in the
Carabobo project and has communicated to this effect on 27
August 2013 to the Venezuelan authorities," Petronas said in a
statement.
              The withdrawal was part of the company's strategic review of
its global assets and would not further delay a planned $19
billion refinery project in southern Malaysia, two Petronas
sources told Reuters. - Reuters

Petronas confirms withdrawal from Venezuela project

BEIJING (Sept 30): China's factory activity expanded in September, official and private surveys showed on Wednesday, as easing weather disruptions allowed factories to resume operations and a global AI boom supported the industrial sector.

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VS Industry Bhd (KL:VS) hit a two-month high on Wednesday after the electronic manufacturing services provider reported a narrower-than-expected quarterly loss.

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BAGHDAD/WASHINGTON (Sept 30): Iran's Islamic Revolutionary Guard Corps urged Americans to vote out US President Donald Trump's allies in Congress as US forces were due to withdraw from their remaining bases in neighbouring Iraq on Wednesday in a departure celebrated by Tehran.

Iran appeals to US voters as American troops leave Iraq

Australian air-safety investigators are examining traffic controller fatigue and staffing levels after a Qantas Airways Ltd jet was cleared to cross a runway while another jet was landing, one of a series of recent lapses at the country’s busiest airport.

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MILWAUKEE (Sept 29): US Trade Representative Jamieson Greer said on Tuesday that the Trump administration will take into consideration tariff caps negotiated in trade deals with countries as it weighs potential new duties in an investigation on excess industrial capacity.

US trade chief to consider trade deal tariff caps in excess capacity probe

KUALA LUMPUR (Sept 30): AEON Credit Service (M) Bhd (KL:AEONCR) fell to a 10-month low while analysts turned cautious following a weaker-than-expected quarter at the consumer finance firm.

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Yields on the US Treasury’s longest-dated bond rose for a sixth straight day, crossing another key threshold amid a deepening sell-off across global debt markets.

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COLOMBO (Sept 30): Sri Lanka's central bank kept its key policy rate unchanged at 8.75% on Wednesday ahead of the island nation's budget in mid-November.

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Here is a brief recap of some business news and corporate announcements that made&nbsp;headlines on Tuesday.

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KUALA LUMPUR (Sept 30): Former prime minister Tun Dr Mahathir Mohamad was admitted to the National Heart Institute (IJN) on Tuesday (Sept 29) for observation, his son&nbsp;Tan Sri Mokhzani Mahathir&nbsp;said.

Tun Dr Mahathir admitted to IJN for observation — Mokhzani

Oil steadied after its biggest drop in more than a week on signs supply from the Middle East has risen to near pre-war levels as Saudi Arabia resumed flows through a pipeline that avoids the Strait of Hormuz. &nbsp;West Texas Intermediate slipped toward US$89 a barrel after dropping 3.5% in the previous session, while Brent settled near US$103.

Oil holds loss as Middle East exports seen near pre-war level

KUALA LUMPUR (Sept 30): Datuk Faizoull Ahmad, the former director-general of the Federal Land Development Authority (Felda), has been charged with cheating the board 12 years ago.

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KUALA LUMPUR (Sept 30): Express Rail Link Sdn Bhd (ERL) will revise its KLIA Ekspres and KLIA Transit fares effective Jan 1, 2027, marking the first adjustment since 2016 after significant rises in operating and maintenance costs.&nbsp;

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WASHINGTON (Sept 29): US President Donald Trump on Tuesday said tech executives agreed to establish voluntary standards for AI and reiterated his support for rapid expansion of data centres, as concerns mount over AI safety and the industry's growing footprint in communities.

Trump, AI CEOs sign voluntary safety pact, back data centre expansion

Global bonds wobbled on Wednesday and were set for their worst month in years, hit by a toxic mix of deteriorating government finances, a glut of issuances and rising inflation as the seven-month-old US-Israeli war on Iran keeps energy costs elevated.

Bonds set for bruising September; stocks fare better

Gamuda Bhd (KL:GAMUDA) hit a nine-month high on Wednesday's early session after it agreed to partner with SD Guthrie Bhd (KL:SDG) and Gentari Sdn Bhd to develop a 680-megawatt renewable energy project in Perak for a US-based technology firm.

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Here's a heads up on what to look out for today.

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Stocks joined bonds lower as a drop in oil prices did little to allay Wall Street’s concerns that still-elevated energy costs could fuel inflation and spur Federal Reserve rate hikes.

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At a time when artificial intelligence (AI) is advancing rapidly, the need for cybersecurity spending has also increased significantly. According to a global survey of about 300 cybersecurity leaders conducted by Boston Consulting Group (BCG) and released on Aug 27, cybersecurity spending is expected to continue to grow strongly, with more than 80% of respondents planning to increase their budgets through 2027.

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KUALA LUMPUR (Sept 30): AEON Credit Service (M) Bhd (KL:AEONCR) fell to a 10-month low while analysts turned cautious following a weaker-than-expected quarter at the consumer finance firm.

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BEIJING (Sept 30): China has vowed a "resolute response" to safeguard its industries if the European Union goes ahead with restrictions against Chinese companies or products, according to its commerce ministry.

China vows response if EU introduces moves targeting Chinese trade

LONDON (Sept 29): The world's biggest sovereign bond markets are heading for their worst month in years as soaring energy costs fan inflation and the ​AI boom lifts economic growth, leaving investors positioning for an era where interest rates stay higher for longer.

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NEW YORK (Sept 29): US stocks ended the session slightly lower on Tuesday, as government bond yields continued their ascent ahead of ​inflation and labor market data, while investors assessed comments from Federal Reserve officials for the path of interest rates.

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BENGALURU (Sept 29): Accelevation and selling shareholders raised US$540 million in a US initial public offering, the private equity-backed data centre infrastructure firm said on Tuesday.

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BEIJING (Sept 30): China's factory activity expanded in September, official and private surveys showed on Wednesday, as easing weather disruptions allowed factories to resume operations and a global AI boom supported the industrial sector.