<div class=newsTextDataWrapInner><p>SINGAPORE (March 20): Palm oil looks neutral in a range of 2,767-2,810 ringgit per tonne, and an escape could signal a direction.</p></div>

<div class=newsTextDataWrapInner><p>The range is formed by the 14.6 percent and the 23.6 percent Fibonacci retracements on the downtrend from the Jan. 18 high of 3,175 ringgit to the March 14 low of 2,697 ringgit.</p></div>

<div class=newsTextDataWrapInner><p>A break above 2,810 ringgit could open the way towards 2,880 ringgit, while a break below 2,767 ringgit could cause a loss to 2,730 ringgit. The bias seems to be towards the upside, as the current bounce followed the completion of a five-wave cycle from 3,175 ringgit.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Increasing the chance of a further gain is the fact that palm oil tested this resistance at 2,810 ringgit for three times, it may succeed at its fourth attempt. - Reuters</p></div>


SINGAPORE (March 20): Palm oil looks neutral in a range of 2,767-2,810 ringgit per tonne, and an escape could signal a direction.

The range is formed by the 14.6 percent and the 23.6 percent Fibonacci retracements on the downtrend from the Jan. 18 high of 3,175 ringgit to the March 14 l...

Palm oil neutral in 2,767-2,810 ringgit range

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (April 24)

A Myanmar rebel group has withdrawn its troops from a town along the Thai border following a counteroffensive by soldiers of the ruling junta from whom the rebels had this month wrested the key trading post, an official said on Wednesday.

Myanmar rebel group withdraws from key town on Thai border

Haily Group Bhd shares continued their uptrend on Wednesday to a near all-time high, after the construction outfit won a RM109.5 million contract for terrace houses in Pontian, Johor.

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BERLIN (April 24): German Chancellor Olaf Scholz and Finance Minister Christian Lindner both expressed scepticism on Tuesday about reforming the country's 'debt brake', but Bundesbank president Joachim Nagel said he saw scope for adjustments.

A reform of the constitutionally enshri...

Scholz and Lindner sceptical about reforming German debt brake

Fisker may have to file for bankruptcy protection within 30 days if it does not get adequate relief from its creditors and enough liquidity to meet its current debt obligations, it disclosed in a regulatory filing on Tuesday.

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The US Federal Trade Commission (FTC) voted Tuesday to adopt a near-total ban on non-compete provisions that prohibit workers from switching jobs within an industry, a rule the Chamber of Commerce vowed to immediately challenge in court.

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In the third and fourth instalments of our four-part series on the economy, we are focusing on mission-based policy packages that Malaysia can embark on to realise our vision of Malaysia Madani. As a recap, the first article — “Taking a systems approach to fuel subsidies” (Issue 1515, March 18) —...

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Sunway Putra Hotel Kuala Lumpur marked the commencement of its lobby area refurbishment with a ground-breaking ceremony.

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<p>The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.</p>




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<p>Rakuten Trade said NationGate Holdings Bhd may extend its upward trajectory after breaking out from its one-month rectangular pattern on Tuesday.</p>


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<p>E-government services provider MyEG Services Bhd has inked an agreement to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.</p>


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<p>RHB Retail Research said Censof Holdings Bhd is observing a technical breakout after climbing above the 26.5 sen immediate resistance on surging trading volume.</p>


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<p>(April 24): JPMorgan Chase CEO Jamie Dimon said the U.S. economy was booming and consumer spending continued to be resilient.</p>

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<p>Shares of construction and engineering contractor Crest Builder Holdings Bhd climbed on Wednesday after bagging a RM486 million condominium project in Mont Kiara.</p>


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<p>RHB Retail Research said YBS International Bhd is set to resume its uptrend after climbing above the 80.5 sen immediate resistance, surpassing the 21-day simple moving average line.</p>


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<p>Tesla&nbsp;said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle (EV) maker's strategy to combat slowing demand and falling margins.</p>


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<p>Sunway Putra Hotel Kuala Lumpur marked the commencement of its lobby area refurbishment with a ground-breaking ceremony.</p>


<p>This was supposed to be the year that Vietnam reaped the benefits from one of its largest natural gas discoveries.</p>
