<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on October 25, 2019</span></p></div><div class=newsTextDataWrapInner><p><strong>Xian Leng Holdings Bhd (+ve)</strong><br />
TRADING of shares in Xian Leng Holdings Bhd (fundamental: 1.2/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the first time this year.</p></div>

<div class=newsTextDataWrapInner><p>The counter settled three sen or 5.66% higher at 56 sen, after 638,700 shares were transacted, about 10 times higher its 200-day average volume of 64,838 shares.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The company on June 27 said it had agreed with TH Mestika Sdn Bhd to mutually terminate a memorandum of understanding (MoU) to jointly develop a 500-unit multistorey flat in Ulu Melaka, Langkawi, Kedah under the 1Malaysia People’s Housing Programme.</p></div>

<div class=newsTextDataWrapInner><p>The decision to discontinue the MoU was mutual, with it citing that both parties were unable to agree on the final terms of the definitive agreements.</p></div>


Xian Leng Holdings Bhd (+ve)
TRADING of shares in Xian Leng Holdings Bhd (fundamental: 1.2/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the first time this year.

The counter settled three sen or 5.66% higher at 56 sen, after 638,700 shares ...

Stock With Momentum: Xian Leng Holdings

(May 2): Elon Musk’s latest cost-cutting victims: Summer interns.

Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in.

“At 8:46am, I opened a Tesla email ...

Tesla interns say offers are getting revoked weeks before their start date

(May 2): National Australia Bank Ltd. said it will buy back up to A$1.5 billion (US$1 billion) of its own stock as profit at the lender came in line with expectations.

Cash earnings fell 13% to A$3.55 billion in the six months ended March 31, the Melbourne-based firm said in a statement...

National Australia Bank to buyback US$1 billion as profit dips

(May 2): Alphabet Inc. paid Apple Inc. US$20 billion in 2022 for Google to be the default search engine in the Safari browser, according to newly unsealed court documents in the Justice Department’s antitrust lawsuit against Google.

The deal between the two tech giants is at the heart o...

Google’s payments to Apple reached US$20 billion in 2022, antitrust court documents show

NEW YORK (May 2): U.S. stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured.

The S&P 500 and the Nasdaq ended low...

S&P 500, Nasdaq end lower after Fed rate decision, Powell press conference

NEW YORK (May 2): A gauge of global stocks fell on Wednesday while the dollar weakened against a basket of peers after the Federal Reserve left interest rates unchanged and indicated it is still leaning toward eventual rate cuts.

But the U.S. central bank put a red flag on recent disapp...

Stocks, dollar decline after Fed holds rates steady

(May 2): Chelsea's bid to make it five Women's Super League titles in a row suffered a huge setback on Wednesday as they lost a 4-3 thriller to Liverpool, seriously denting the possibility of the Blues giving manager Emma Hayes a winning send-off.

Liverpool secured their second successi...

Chelsea WSL title hopes derailed by stunning 4-3 loss to Liverpool

(May 2): Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year.

Long considered a must-own stock on Wall St...

Apple set for big sales decline as investors await AI in iPhones

DORTMUND, Germany (May 2): Borussia Dortmund's Niclas Fuellkrug fired in a first-half goal to seal a 1-0 victory over visitors Paris St Germain in a compelling Champions League semi-final first leg on Wednesday.

Nico Schlotterbeck floated a pass into Fuellkrug's path and the Germany for...

Fuellkrug earns impressive Dortmund 1-0 first-leg win over PSG

WASHINGTON (May 2): Hackers who breached UnitedHealth's tech unit in February potentially stole a third of Americans' data, the largest U.S. health insurer's CEO told a Congressional committee on Wednesday.

Two Congressional panels grilled CEO Andrew Witty about the cyberattack on the c...

UnitedHealth says hackers potentially stole a third of Americans' data

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

Anwar: Putrajaya will keep eye on inflation rate following civil service pay hike

<p>Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.</p>


KFC parent Yum reports surprise drop in global same-store sales on weak demand

<p>The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.</p>


<p>US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.</p>


US private payrolls beat expectations in April 

<p>NEW YORK (May 2): U.S. stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured.</p>

<p>The S&amp;P 500 and the Nasdaq ended low...

<p>(May 2): Elon Musk’s latest cost-cutting victims: Summer interns.</p>

<p>Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in.</p>

<p>“At 8:46am, I opened a Tesla email ...

<p>NEW YORK (May 2): A gauge of global stocks fell on Wednesday while the dollar weakened against a basket of peers after the Federal Reserve left interest rates unchanged and indicated it is still leaning toward eventual rate cuts.</p>

<p>But the U.S. central bank put a red flag on recent disapp...

<p>(May 2): Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year.</p>

<p>Long considered a must-own stock on Wall St...

<p>(May 2): Alphabet Inc. paid Apple Inc. US$20 billion in 2022 for Google to be the default search engine in the Safari browser, according to newly unsealed court documents in the Justice Department’s antitrust lawsuit against Google.</p>

<p>The deal between the two tech giants is at the heart o...

<p>WASHINGTON (May 2): Hackers who breached UnitedHealth's tech unit in February potentially stole a third of Americans' data, the largest U.S. health insurer's CEO told a Congressional committee on Wednesday.</p>

<p>Two Congressional panels grilled CEO Andrew Witty about the cyberattack on the c...

<p>(May 2): Chelsea's bid to make it five Women's Super League titles in a row suffered a huge setback on Wednesday as they lost a 4-3 thriller to Liverpool, seriously denting the possibility of the Blues giving manager Emma Hayes a winning send-off.</p>

<p>Liverpool secured their second successi...

<p>DORTMUND, Germany (May 2): Borussia Dortmund's Niclas Fuellkrug fired in a first-half goal to seal a 1-0 victory over visitors Paris St Germain in a compelling Champions League semi-final first leg on Wednesday.</p>

<p>Nico Schlotterbeck floated a pass into Fuellkrug's path and the Germany for...

<p>(May 2): National Australia Bank Ltd. said it will buy back up to A$1.5 billion (US$1 billion) of its own stock as profit at the lender came in line with expectations.</p>

<p>Cash earnings fell 13% to A$3.55 billion in the six months ended March 31, the Melbourne-based firm said in a statement...