Stocks in Asia sank and bond yields were elevated on Wednesday, as investors braced for another aggressive interest rate hike from the U.S. Federal Reserve later in the day.

South Korea's exports fell 8.7% in the first 20 days of September from the same period a year earlier due to holiday effects and amid signs of slowing growth in major trading partners, customs agency data showed on Wednesday.

A top European industry group warned on Wednesday that firms were losing confidence in China and that its standing as an investment destination was being eroded, citing its "inflexible and inconsistently implemented" COVID policy as a key factor.

The Rural Development Ministry will submit two proposals to Prime Minister Datuk Seri Ismail Sabri Yaakob to increase the income of Risda smallholders.

The Malaysian Automotive Association (MAA) expects vehicle sales in September to be maintained at August levels, despite being affected by the ongoing shortages of chips and components.

KENINGAU: Sabah Deputy Chief Minister Datuk Seri Dr Jeffrey Kitingan said the government is considering raising the floor price of scrap rubber in Sabah to RM3.50, from the present RM2.50 per kg.