<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 4): RHB Retail Research said Jaya Tiasa Holdings Bhd has formed a bullish setup after breaking past the resistance on strong volume.</p></div>

<div class=newsTextDataWrapInner><p>In a trading stocks note last Friday, the research house said the counter jumped above the RM1.23 resistance to form a bullish candlestick.</p></div>

<div class=newsTextDataWrapInner><p>It noted that the 21-day simple moving average line is pointing upwards, indicating that the underlying trend remains bullish.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The counter should trend upwards and head for RM1.35, followed by RM1.48.</p></div>

<div class=newsTextDataWrapInner><p>“Meanwhile, falling below the RM1.17 support will nullify the bullish setup,” it said.</p></div>


KUALA LUMPUR (March 4): RHB Retail Research said Jaya Tiasa Holdings Bhd has formed a bullish setup after breaking past the resistance on strong volume.

In a trading stocks note last Friday, the research house said the counter jumped above the RM1.23 resistance to form a bullish candles...

Jaya Tiasa has formed a bullish setup, says RHB Retail Research 

China's exports and imports returned to growth in April after contracting in the previous month, customs data showed on Thursday, signalling an encouraging improvement in demand at home and overseas in a boost to a shaky economic recovery.

China's exports and imports return to growth, signalling demand recovery

KUALA LUMPUR (May 9): The Malaysian Anti-Corruption Commission (MACC) on Wednesday (May 8) announced that it has appointed Adrain Jerome Karuna Devan as a member of its Complaints Committee for a three-year term, effective Feb 1 this year, until Jan 31, 2027.

Adrain Jerome appointed as MACC Complaints Committee member

The Philippine economy accelerated less than expected in the first quarter as weaker consumer spending restrained growth, reinforcing expectations that the central bank will leave interest rates unchanged next week, despite rising inflation.

Weak demand restrains Philippine 1Q growth, rates likely on hold

Police in Vietnam have arrested a senior official involved in talks with international organisations on labour reforms, state media said on Thursday, adding that the action was linked to disclosure of classified information.

Vietnam arrests official engaged in UN talks on labour reform

KUALA LUMPUR (May 9): Volkswagen Group Malaysia (VGM) plans to designate Malaysia as an export hub for the Volkswagen brand, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz on Thursday.

Volkswagen to establish Malaysia as export hub — Tengku Zafrul

Shares in Sarawak Cable Bhd (KL:SCABLE) fell to their lowest in five months in early trade on Thursday after the loss-making cable manufacturer's agreement with its white knight UK-based Serendib Capital Ltd fell through.

Sarawak Cable shares fall to five-month low after losing its white knight

The Competition Act 2010 prohibits anti-competitive agreements between businesses that could prevent, restrict, or distort competition in any market for goods or services. This includes anti-competitive agreements related to price fixing, market sharing, bid rigging and attempts to restrict or co...

My Say: Competition laws do more than you think

US Commerce Secretary Gina Raimondo said on Wednesday a Chinese invasion of Taiwan and seizure of chips producer TSMC would be "absolutely devastating" to the American economy.

US official says Chinese seizure of TSMC in Taiwan would be 'absolutely devastating'

PUTRAJAYA (May 9): The Federal Court on Thursday granted permission for National Feedlot Corporation Sdn Bhd (NFCorp) and four others including its chairman Datuk Seri Mohamad Salleh Ismail to have the merits of their appeal on damages against Public Bank Bhd to be heard.

Apex court grants permission to hear quantum of damages to NFCorp’s appeal and Public Bank’s liability cross-appeal

Pakatan Harapan (PH) remains committed to practising mature politics while engaging voters in the Kuala Kubu Baharu (KKB) state by-election campaign.

KKB polls: PH practises mature politics in engaging voters — Saifuddin Nasution

<p>Shares of VSTECS Bhd (KL:VSTECS) climbed to a new all-time high on Thursday as investors scrambled for a piece of the company that has been appointed the country’s first distributor of Amazon Web Services (AWS).</p>


VSTECS shares hit new record high on Amazon Web Services partnership

<p>All eyes will be on Bank Negara Malaysia (BNM) as the central bank is set to announce its overnight policy rate (OPR) decision later on Thursday afternoon.</p>


Economists bet on BNM leaving the OPR unchanged later today

<p>Gen Zers risk starting further and further behind previous generations building a life for themselves as soaring rents chew into their disposable income, leaving them deeper in a financial hole they are still digging, said <em>Fortune</em>.</p>


Gen Z sinking deeper into debt as higher education and housing costs weigh, new data shows — report

<p>UOB KayHian has initiated coverage on Lagenda Properties Bhd (KL: LAGENDA) with a “buy” rating at RM1.49 and target price (TP) of RM2.05.</p>


UOB KayHian starts coverage on Lagenda Properties, target price RM2.05

<p>Shares of Kerjaya Prospek Group Bhd (KL:KERJAYA) surged to a new record high on Thursday, as investors bet on better earnings growth for its upcoming financial results for the first quarter ended March 31, 2024 (1QFY2024).</p>


Kerjaya Prospek shares at fresh record high on expectation of better 1Q earnings

<p>Asian shares steadied on Thursday after solid Chinese trade data added to signs domestic demand in the world's second-largest economy is picking up, while the yen stabilised after three days of declines as Japan talked up potential currency interventions.</p>


Asia shares steady after solid China trade data, yen stable after recent falls

<p>Apex Securities Bhd expects the local bourse to continue to trend sideways following the FBM KLCI’s retreat after hitting the 1,600 resistance level amid weakened sentiment across global stock markets and investors awaiting fresh catalysts.</p>


Apex Securities expects local bourse to continue to trend sideways 

<p>Malaysia’s largest telecom company by revenue Axiata Group Bhd (KL:AXIATA) may face earnings pressure from a potential merger of its unit PT XL Axiata with PT Smartfren Telecom in Indonesia, and investors should sell the stock, said MIDF Amanah Investment Bank.</p>


MIDF says Axiata may face earnings pressure ahead, downgrades stock to 'sell'

<p>PUTRAJAYA (May 9): The Federal Court on Thursday granted permission for National Feedlot Corporation Sdn Bhd (NFCorp) and four others including its chairman Datuk Seri Mohamad Salleh Ismail to have the merits of their appeal on damages against Public Bank Bhd to be heard.</p>


<p>(May 9): Opulent, elevated, expensive. There are plenty of descriptive terms for the A$90 million (US$59 million or RM280.88 million) home perched high in Crown Resorts Ltd’s twisting skyscraper in Sydney. “Sold” is not one of them.</p>

<p>The chrome-heavy duplex has been on the market since a...

Luxury US$59m Sydney home remains unsold as rich Chinese buyers leave

<p>The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive US monetary policy.</p>


Dow ends higher for sixth session, but Treasury yields pressure market

<p>LBS Bina Group Bhd (KL: LBS) has launched SkyRia, the latest addition to its D'Island Residence project in Puchong.</p>


LBS Bina launches RM457 mil SkyRia residential project in Puchong

<p>KUALA LUMPUR (May 9): The Malaysian Anti-Corruption Commission (MACC) on Wednesday (May 8) announced that it has appointed Adrain Jerome Karuna Devan as a member of its Complaints Committee for a three-year term, effective Feb 1 this year, until Jan 31, 2027.</p>


<p>Arm Holdings plc shares tumbled after the chip designer gave a lukewarm revenue forecast for the fiscal year, raising concerns that the tech industry’s artificial intelligence (AI) spending spree is slowing.</p>


Arm shares fall after company gives tepid annual forecast

<p>A Wall Street analyst has pointed out there's a gaping hole in the picture. He calls it "phantom debt" — spending on "buy now, pay later" (BNPL) platforms, which often goes unrecorded by credit agencies, <em>Fortune</em> reported.</p>


‘Phantom debt’ from ‘buy now, pay later’ schemes a US$700b black hole economists aren’t accounting for — report

<p>Singapore must be realistic about the global trends affecting its equities market and what can be done about them, according to Deputy Prime Minister Lawrence Wong.</p>


Singapore must recognise stock-market challenges, Wong says

<p>Asia-Pacific Islamic banks can expect steady expansion and broadly stable asset quality for the next few years, at least, according to S&amp;P Global Ratings.</p>


S&P: Malaysia will remain biggest Islamic banking market in Asia-Pacific

<p>Malaysia’s wholesale and retail sales grew 5.2% in March from a year earlier, thanks largely to higher retail sales in non-specialised stores and other specialised wholesale, official data on Thursday showed.</p>


Malaysia’s wholesale, retail sales climb 5.2% in March, official data show

<p>Vacation rental company Airbnb reported a higher quarterly profit on Wednesday but forecast second-quarter revenue below Wall Street expectations, sending shares of the company down 8% after the bell.</p>


Airbnb forecasts weaker 2Q revenue despite robust demand for international travel

<p>Volkswagen Group Malaysia (VGM) plans to designate Malaysia as an export hub for the Volkswagen brand, said Investment, Trade and Industry Minister (Miti) Tengku Datuk Seri Zafrul Abdul Aziz.</p>
