Prominent Hong Kong democracy activist Joshua Wong pleaded guilty on Wednesday to a charge of collusion with foreign entities, a national security crime that carries a maximum sentence of life in prison.

Hong Kong activist Joshua Wong pleads guilty to collusion with foreign entities

Air India is lobbying the Indian government to convince China to let it use a sensitive military airspace zone in Xinjiang to shorten routes as the financial toll from a ban on Indian carriers flying over Pakistan mounts, a company document shows.

Air India lobbies to use airspace over China's Xinjiang as financial woes mount

Selangor Menteri Besar Datuk Seri Amirudin Shari will seek details and advice from the state legal adviser following the High Court's decision that 50 Taman Sri Muda residents had succeeded in their suit over the major floods that hit in December 2021.

Selangor MB says might appeal after court rules in favour of Taman Sri Muda residents over 2021 floods 

Oil prices steadied on Wednesday but remained on track for a big monthly gain as US-Iran talks aimed at ending their war stalled, while tight fuel markets continued to underpin prices despite recovering Middle East crude supplies.

Oil steadies as stalled US-Iran talks offset supply recovery

Public Bank Bhd’s (KL:PBBANK) wholly-owned subsidiary, Public Mutual Bhd, has declared distributions totalling more than RM61 million for two funds for the financial year ended Sept 30, 2026.

Public Mutual declares distributions of over RM61m for two funds

A nascent recovery in Chinese oil demand has begun to falter, as continued fighting in the Middle East and limited Iranian supply keep crude prices too high for private refiners, prompting some analysts to trim forecasts for the coming months.

China oil comeback loses steam as Iran war drags on

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

Bonds set for bruising September, but global stocks remain resilient

Opec+ oil-producing countries are likely to keep their oil production targets steady for November when they meet on Sunday, two sources with knowledge of the matter told Reuters.

Opec+ oil producers set to keep output targets steady at Sunday meeting — Reuters

Foreign investors are increasingly funding the growth of artificial intelligence computing across North America, JPMorgan Asset Management’s Charles Wu told an audience at the SuperReturn conference in Singapore on Wednesday.

Global cash funding US AI boom despite fears of hidden debt

India's sunflower oil imports are likely to rise 30% in the 2026/27 marketing year to 3.5 million metric tonnes, as a cut in import duties has lowered prices and boosted demand, the head of a leading industry body told Reuters on Wednesday.

India's sunflower oil imports seen up 30% on duty cut, industry official says

The number of unemployed people in Germany rose significantly more than expected in September, labour office figures showed on Wednesday.

German unemployment rises much more than expected in September

US food delivery firm DoorDash will create 3,000 jobs in India over the next two years through a global technology hub it opened in the southern city of Hyderabad on Wednesday, the Telangana state government said.

DoorDash to create 3,000 jobs at global tech centre in India

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.

Mahathir admitted to IJN for observation, says Mokhzani

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;

ERL to raise KLIA Ekspres and KLIA Transit fares from January 2027

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

Former director general charged with cheating Felda, claims trial

Oil prices steadied on Wednesday but remained on track for a big monthly gain as US-Iran talks aimed at ending their war stalled, while tight fuel markets continued to underpin prices despite recovering Middle East crude supplies.

Hengyuan Refining Company Bhd (KL:HENGYUAN) fell over 20% in morning trade on Wednesday, prompting a suspension in the intraday short selling of the stock.

Hengyuan drops more than 20%, short-selling suspended

YTL Power International Bhd’s (KL:YTLPOWR) share price has risen by 72.7% year to date. The gains come as its data centre (DC) segment has begun reporting standalone earnings, while its water and sewerage segment has strengthened and power generation has shown signs of stabilisation. In addition,...

How much more upside for YTL Power?

Gamuda Bhd (KL:GAMUDA) hit a 10-month high in early trade on Wednesday after its joint venture with SD Guthrie Bhd (KL:SDG) and Gentari Sdn Bhd signed a term sheet with a US-based technology company for a 680MW renewable energy project in Perak.

Gamuda hits 10-month high on renewable energy venture with SD Guthrie

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.

VS Industry hits two-month high after smaller 4Q and full-year loss surprise

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

Singapore’s sovereign wealth fund GIC Pte Ltd has acquired 16 hotels in Japan operated by Marriott International Inc for about ¥125 billion (US$800 million or RM3.25 billion), according to people familiar with the matter.

Singapore's GIC acquires 16 Marriott-run hotels in Japan amid tourism boom — Bloomberg

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.

AEON Credit falls to 10-month low as 2Q results underwhelm investors, analysts

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

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

The High Court has allowed Prime Minister Datuk Seri Anwar Ibrahim's application for determination of preliminary issues before the commencement of a sexual assault civil case brought against him by his former aide Muhammed Yusoff Rawther.

Anwar’s pre-trial bid allowed in Yusoff Rawther sexual assault suit, but evidence must be orally given

KUALA LUMPUR (Sept 30): The Cabinet has agreed to exempt micro, small and medium-sized enterprises from further increases in minimum wage for the time being, Free Malaysia Today reported.

Minister says SMEs exempted from minimum wage increase for now — report

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

Singapore and Kuala Lumpur are choking under severe haze spewing from wildfires in neighbouring Indonesia, with air quality deteriorating dramatically ahead of major sporting events.

Singapore, Malaysia cloaked in haze before key sports events

UK Prime Minister Andy Burnham said he could campaign to take Britain back into the European Union (EU) at the next general election, reopening the country’s debate on its relationship with the continent a decade on from the Brexit vote.

Burnham says Britain could rejoin EU after next election

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

YOUR DAY AHEAD: Sept 30, 2026 

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.

Greg Torode

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