<div class=newsTextDataWrapInner>KUALA LUMPUR (June 27): RHB Retail Research said Greatech Technology Bhd is set for a counter-trend rebound as it staged a technical breakout above the RM3.70 spot last Friday, surpassing the 21-day average line.</div>

<div class=newsTextDataWrapInner>In a trading stocks note on Monday (June 27), the research house said if the stock manages to stay above that level, the stock may climb further towards the RM3.87 resistance, followed by RM3.97 or June 3’s high.</div>

<div class=newsTextDataWrapInner>“If it falls below the support level of RM3.51, the stock may trend downwards below the average line,” it said.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (June 27): RHB Retail Research said Greatech Technology Bhd is set for a counter-trend rebound as it staged a technical breakout above the RM3.70 spot last Friday, surpassing the 21-day average line.

In a trading stocks note on Monday (June 27), the research house said if t...

Greatech set for counter-trend rebound, says RHB Retail Research

President Xi Jinping has arrived in France to begin talks aimed at stabilising China’s relationship with Europe, as he tries to perform damage limitation on trade ties with the key bloc.

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On May 1, Leow Thang Fong took over as CEO of South Malaysia Industries Bhd (SMI).

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Prime Minister Datuk Seri Anwar Ibrahim will be having an online meeting with tech giant Google on Monday.

Without disclosing more details on the issues to be discussed, he said Malaysia has continued to receive interests from foreign investors.

Anwar scheduled to have an online meeting with Google on Monday

Qantas Airways Ltd will pay a A$100 million (RM313.78 million) penalty and compensate passengers for selling tickets on thousands of flights it had already decided to cancel, as chief executive officer Vanessa Hudson continues costly repairs to the airline’s battered reputation.

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Australia’s central bank will likely keep its key interest rate at a 12-year high and stick with it for much of the year to restrain inflationary pressures underpinned by a surprisingly tight job market.

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Asian stocks rose on Monday on renewed bets that the Federal Reserve (Fed) would likely ease rates this year, while the yen weakened after a strong surge last week from Tokyo's suspected currency intervention.

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Shares of Fraser & Neave Holdings Bhd (F&N) surged to their highest in five years as better-than-expected results buoyed investors' optimism while analysts maintained their calls following a briefing.

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The Securities Commission Malaysia (SC) has updated its Investor Alert List.

In an alert last Thursday, the commission said the following persons/entities were added to the list:

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The FBM KLCI’s uptrend has been relentless since mid-April as accumulation on blue chips&nbsp;by both local institutions and foreign funds continues, according to Rakuten Trade.

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Phillip Capital has initiated coverage on T7 Global Bhd with a “buy” rating at 53 sen and a target price of 68 sen.

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BMI, a Fitch Solutions company, said Malaysia's deepwater explorations are expected to accelerate as more investments are directed towards under-explored areas.

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Across much of the developed world, one of the most dependable drivers of economic growth is faltering.

For decades, the rapid inflow of migrants helped countries including Canada, Australia and the UK stave off the demographic drag from aging populations and falling birth rates.

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Shares of Fraser &amp; Neave Holdings Bhd (F&amp;N) surged to their highest in five years as better-than-expected results buoyed investors' optimism while analysts maintained their calls following a briefing.

The Securities Commission Malaysia (SC) has updated its Investor Alert List.

In an alert last Thursday, the commission said the following persons/entities were added to the list:

EQT AB agreed to buy technology consultant Perficient Inc in a deal valued at about US$3 billion (RM14.22 billion) including debt.

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Australia’s housing rental value hit a fresh record in April with some cities seeing renewed growth momentum, a troubling sign for the Reserve Bank that’s likely to leave borrowing costs at a 12-year high this week to stave off price pressures.

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Republican presidential candidate Donald Trump accused Democratic rival President Joe Biden of running a "Gestapo administration" in a private address to donors in which he also attacked prosecutors involved in his criminal indictments, according to a recording heard by US media outlets.

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Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, analysts said, driven by a shift to electric cars in China and the US and a return to normal consumption after last year's bounce following Covid-19.

Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil producing region.

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Los Angeles police cleared a pro-Palestinian encampment at the University of Southern California (USC) without making arrests on Sunday following turmoil at universities across the US over the Israel-Hamas war.

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Brighton &amp; Hove Albion snapped a six-match winless run in the Premier League when they beat Aston Villa 1-0 at home on Sunday after Joao Pedro scored an 87th-minute winner in a scrappy affair.

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Asian stocks rose on Monday on renewed bets that the Federal Reserve (Fed) would likely ease rates this year, while the yen weakened after a strong surge last week from Tokyo's suspected currency intervention.

Manchester United centre back Harry Maguire is expected to be sidelined for the remainder of the Premier League season with a muscle injury he sustained in training, the club said on Sunday, which could rule him out of the FA Cup final.

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Prospects for a Gaza ceasefire appeared slim on Sunday as Hamas reiterated its demand for an end to the war in exchange for the freeing of hostages, and Israeli Prime Minister Benjamin Netanyahu flatly ruled that out.

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Since announcing in January he would leave the team at the season's end, Liverpool's much-loved manager Juergen Klopp has been asked after virtually every good result whether that was enough to make him consider staying one more year.

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West Ham United manager David Moyes said his side lacked leadership and mental toughness in a 5-0 away thrashing at the hands of Chelsea in the Premier League on Sunday.