<div class=newsTextDataWrapInner><p>(Oct 27):&nbsp;Woodside Energy Group Ltd&nbsp;has sold its operating interest in the long-stalled Greater Sunrise liquefied natural gas (LNG) project to a Timor-Leste state-owned company.&nbsp;</p></div>

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<div class=newsTextDataWrapInner><p>The sale of the 33.44% stake is worth as much as US$200 million, Woodside said Tuesday in a statement, although most of that is dependent on the project being built. The small nation has long pushed for the development of the two fields that make up Greater Sunrise and a LNG plant in a bid to tap potentially billions of dollars of revenue.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Timor Gap will now control the entire project, after last month agreeing to buy out a third shareholder, Osaka Gas Corp. An independent assessment from 2018 estimated the development cost at US$15.6 billion.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>
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<div class=newsTextDataWrapInner><p>For years Woodside and the Timorese government have argued over whether to build the liquefaction plant locally or pipe the gas to Australia. The fields have contingent resources of 5.1 trillion cubic feet of gas and 226 million barrels of condensate, according to Timor Gap.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>


(Oct 27): Woodside Energy Group Ltd has sold its operating interest in the long-stalled Greater Sunrise liquefied natural gas (LNG) project to a Timor-Leste state-owned company.

Woodside sells stake in long-stalled Timor-Leste LNG project

Hundreds of Indonesians gathered in central Jakarta on Wednesday to protest against economic hardship, graft and the government's handling of devastating wildfires causing toxic haze that has sickened thousands.

'Eat the rich': Indonesians protest against graft, wildfires

Danone SA sales climbed in the third quarter, driven by higher prices and persistent demand for its protein-rich yoghurts and fortified drinks for the elderly and ill.

Danone sales rise on higher prices, medical nutrition demand

Unilever raised its annual volume growth forecast on Wednesday after its beauty, personal and home care units helped it beat third-quarter sales forecasts, despite a lagging food sector and the impact of the war with Iran on costs.

Beauty and home care drive Unilever sales beat as food unit falters

The Malaysian Meteorological Department (MetMalaysia) has issued a thunderstorm warning for parts of eight states and two Federal Territories, with heavy rain and strong winds expected until 8pm on Wednesday.

Thunderstorm warning for Klang Valley, seven other states until 8pm

Billionaire Gautam Adani-controlled Adani Enterprises Ltd returned to profit in the second quarter as newer businesses including airports and data centres scaled up.

Adani flagship returns to profit as newer businesses deliver

A stronger-than-expected earnings report propelled Nestlé (Malaysia) Bhd (KL:NESTLE) higher on Wednesday, extending the stock's rally as analysts raised their target prices.

Nestlé Malaysia extends gain towards two-month high after 3Q beat, analysts raise target prices

Employers cannot arbitrarily lower job qualification requirements based on employees’ educational qualifications to avoid paying the stipulated starting salaries if amendments to the National Wages Consultative Council Act 2011 (Act 732) are implemented.

Employers can't lower job requirements to avoid paying stipulated starting salaries, Dewan Rakyat hears

A summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.

FBM KLCI up 0.13% to 1,613.87 on Oct 28, 2026

Malaysia’s producer price index (PPI) increased by 12.0% in September 2026, from 10.7% in August 2026, according to the Department of Statistics Malaysia (DOSM).

On an annual basis, the DOSM said among the main sectors of the PPI, mining recorded a substantial increase of 54.1% in September, compared with 41.2% in the previous month.

Malaysia's September producer prices up 12% — official data

Ba’kelalan state assemblyman Baru Bian on Wednesday failed in his bid to strike out a lawsuit filed by PKR seeking RM10 million in damages for allegedly breaching the terms of a bond after leaving the party following his victory in the 14th general election (GE14) in 2018.

Baru Bian fails to strike out PKR's RM10m suit over alleged bond breach

<p>KUALA LUMPUR (Oct 27): Police have frozen and seized accounts involving RM409.21 million in an investigation into alleged corporate mafia activities as at Sept 25, Home Minister Datuk Seri Saifuddin Nasution Ismail said.<br />
<br />
The accounts comprise 70 share-trading accounts worth approxi...

Police freeze RM409m in share-trading, bank accounts in corporate mafia probe

<p>PUTRAJAYA (Oct 28): The transportation costs to bring Datuk Seri Najib's from prison to Putrajaya for next month's civil appeal will be borne either by the former prime minister.</p>


Najib agrees to cover transport costs for appeal hearing in Putrajaya, court told

<p>Eco-Shop Marketing Bhd (KL:ECOSHOP) hit a four-month low on Wednesday, after the company’s first quarter fell short of analysts' expectations.</p>


Eco-Shop hits four-month low after 1Q miss; price revision looms

<p>The Malaysian billionaire families behind Maxis Bhd (KL:MAXIS) and U Mobile Sdn Bhd are reviving plans to combine the companies in a deal that could create the country’s biggest wireless operator by market value, people with knowledge of the matter said.</p>


Malaysian billionaires said to revive plan to create nation’s biggest mobile operator

<p>Bank Negara Malaysia (BNM) has fined two subsidiaries of AMMB Holdings Bhd (KL:AMBANK) a total of RM552,000 for failing to promptly report cash transactions of RM25,000 and above, following lapses in their reporting systems.</p>


BNM fines AmBank, AmBank Islamic RM552,000 over delayed cash transaction reports

<p>Magma Kiara Sdn Bhd, a subsidiary of Bursa Malaysia-listed Magma Group Bhd (KL:MAGMA), has signed a memorandum of collaboration (MOC) with interior fit-out specialist Jalex Sdn Bhd at the Wolo Experience Lounge in Bukit Bintang, to explore its proposed appointment as hotel interior adviser for Wolo Hotel &amp; Residences, Mont Kiara KL, according to a press statement issued on Oct 28.&nbsp;</p>


Magma Kiara partners Jalex for hotel interior work at RM850 mil Wolo Mont Kiara KL

<p>Oil prices climbed more than 1% on Wednesday after an attack on a refinery in Saudi Arabia renewed concerns around supply risks from the major exporter.</p>


Oil rises over 1% after Saudi Arabian refinery attack reignites supply risk

<p>Berjaya Property Bhd's (KL:BPROP) unit Berjaya Construction Bhd said on Wednesday it will undertake design-and-build works for the Sanglang Port development project in Perlis.</p>


Berjaya Construction to undertake design-and-build works for RM1.2 bil port development project in Perlis

<p>Indonesia's President Prabowo Subianto will meet Singapore’s top diplomat on Wednesday as ties between the two Southeast Asian nations come under strain.&nbsp;</p>


Prabowo to meet Singapore envoy on mission to ease relations

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<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

<p>•&nbsp;&nbsp; &nbsp;While high-profile deals continue (such as the RM132 million sale of Menara Haw Par and other land acquisitions), buyer...

Menara Haw Par deal signals renewed interest in KL’s Golden Triangle

<p>Billionaire Gautam Adani-controlled Adani Enterprises Ltd returned to profit in the second quarter as newer businesses including airports and data centres scaled up.</p>


<p>AMMB Holdings Bhd (KL:AMBANK) will likely shrug off rising bond yields, and it may be time to start buying shares of the sixth-largest bank in Malaysia again, an analyst said.</p>


AMMB on track with earnings, time to ‘buy’ again — analyst

<p>The rapid backlash against French football star Kylian Mbappe over a perceived insult to Mao Zedong underscores how little room for error remains for celebrities and global brands seeking to tap China’s lucrative market.</p>


Mbappe backlash shows shrinking margin for error in China

<p>KUALA LUMPUR (Oct 28): Bursa Malaysia Bhd (KL:BURSA) reported on Wednesday that its earnings grew nearly 10% in the third quarter from a year earlier, thanks to higher trading activities.</p>


Bursa Malaysia grows 3Q net profit by nearly 10%, says on track with targets

<p>Corruption and other scandals involving government-linked companies (GLCs) are, unfortunately, not new. Neither are analyses and commentaries that follow. We are never short on prescriptions for how to prevent these scandals. The latest, of course, is the scandal that engulfed Lembaga Tabung Haji...

My Say: Corruption scandals and GLCs: When accountants have more clout than lawyers (and what lawyers can do about it)

<p>A stronger-than-expected earnings report propelled Nestlé (Malaysia) Bhd (KL:NESTLE) higher on Wednesday, extending the stock's rally as analysts raised their target prices.</p>


<p>Global stocks rose on Wednesday, boosted by renewed enthusiasm over artificial intelligence (AI) ahead of earnings from industry bellwethers later on, while in Europe, financial shares weighed on the broader market on a big day for results and oil rallied.</p>


Global stocks get AI lift ahead of packed 48 hours

<p>KUALA LUMPUR (Oct 28): The Energy Commission&nbsp;is developing a comprehensive framework and guidelines on self-generation facilities and the use of renewable energy for the data centre sector, said Deputy Prime Minister Datuk Seri Fadillah Yusof.</p>


Fadillah: Energy Commission developing comprehensive guidelines for self-generation facilities in data centre sector

<p>SEOUL (Oct 28): South Korean chipmaker SK Hynix said on Wednesday that it would return about US$75 billion to shareholders this year, after reporting a more than seven-fold jump in quarterly profit as AI infrastructure demand continues to drive up memory chip prices.</p>


SK Hynix unveils US$75 bil shareholder return plan after posting record profit

<p>For more than two months, Malaysia has been shrouded in cross-border haze that has grown increasingly severe. While haze is an annual occurrence in Indonesia, Malaysia, Singapore and Timor-Leste, this year’s episode has been described as the worst since 2015.</p>
