<div class=newsTextDataWrapInner>KUALA LUMPUR (Jan 7): RHB Retail Research said Three-A Resources Bhd is eyeing the 52-week high level as it attempted to surpass the RM1.06 consolidation phase over recent sessions.</div>

<div class=newsTextDataWrapInner>In a trading stocks note on Friday (Jan 7), the research housed said if the stock breaches above that level, expect it to continue propelling towards the 52-week high resistance of RM1.15, then RM1.22.</div>

<div class=newsTextDataWrapInner>“On the other hand, falling below the RM1.00 support would trigger the resumption of the downward correction — below the 21-day average line,” it said.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (Jan 7): RHB Retail Research said Three-A Resources Bhd is eyeing the 52-week high level as it attempted to surpass the RM1.06 consolidation phase over recent sessions.

In a trading stocks note on Friday (Jan 7), the research housed said if the stock breaches above that lev...

Three-A Resources eyeing 52-week high, says RHB Retail Research

US software giant Microsoft Corp said on Thursday it would invest US$2.2 billion (RM10.5 billion) over the next four years in cloud and artificial intelligence (AI) infrastructure in Malaysia.

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Smart Asia Chemical Bhd, an industrial paint and coating manufacturer, on Thursday has begun taking orders from investors for its ACE Market initial public offering (IPO) that would raise up to RM37.4 million.

Smart Asia Chemical starts taking orders for ACE Market IPO to raise RM37.4 mil

Malaysia's air passenger traffic saw a significant increase year-on-year (y-o-y) in the first quarter of 2024 (1Q2024), rising 16.1% to 22.6 million passengers, nearing pre-pandemic levels, according to the Malaysian Aviation Commission (Mavcom).

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Matrix Concepts has unveiled the second phase of Resort Villa in Bandar Sri Sendayan, Seremban.

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New York police officers arrested almost 300 people as they broke up escalating pro-Palestinian protests at two colleges amid an outpouring of anger over the Israel-Hamas war.

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Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan) by using it as one of its operating hubs.

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Back when investment firm New Forests Advisory Pty Ltd was established, sustainably grown timber was not common, and the focus on sustainability and environmental, social and governance factors was not as intense as it is now.

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DBS Group Holdings Ltd’s chief executive officer Piyush Gupta expects another year of record profit after Singapore’s biggest lender delivered better-than-expected results thanks to strong lending and wealth fees.

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Shares of Duopharma Biotech Bhd surged more than 9% during early trade on Thursday following news of the pharmaceutical company securing supply contracts worth RM578.09 million in total.

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Apex Securities Bhd has recommended investors to “subscribe” to ACE Market-bound Farm Price Holdings Bhd at an initial public offering (IPO) price of 24 sen and a fair value of 42 sen by pegging financial year 2025 (FY2025) forecast core earnings per share of 3.2 sen to price-earnings (PE) of 13 times (75% potential upside from IPO price).

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US stocks closed mixed on Wednesday after the Federal Reserve (Fed) 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.

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Shares of Duopharma Biotech Bhd surged more than 9% during early trade on Thursday following news of the pharmaceutical company securing supply contracts worth RM578.09 million in total.

Shares of Bursa Malaysia Bhd climbed to its highest in more than three years after the stock exchange operator reported better-than-expected results that prompted at least two analyst upgrades.

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Luno, a digital asset exchange (DAX) licensed by the Securities Commission Malaysia, expands its coin offerings with the launch of Cosmos (ATOM) and Polkadot (DOT).

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Latest data signalled further downbeat trends across the Malaysian manufacturing sector at the start of the second quarter of 2024.

In a statement on Thursday, S&amp;P Global Market Intelligence said that while demand remained generally subdued, there were slight indications that firms were on an upward trajectory, as firms scaled back production at a softer rate amid a slower reduction in new order inflows.

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

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Governments rarely correct deteriorating public finances until they meet some form of debt market disturbance, but the retreat of central banks from sovereign bond markets may eventually set the scene for a showdown.

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US software giant Microsoft Corp said on Thursday it would invest US$2.2 billion (RM10.5 billion) over the next four years in cloud and artificial intelligence (AI) infrastructure in Malaysia.

Alphabet Inc paid Apple Inc US$20 billion (RM95.45 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.

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DBS Group Holdings Ltd’s chief executive officer Piyush Gupta expects another year of record profit after Singapore’s biggest lender delivered better-than-expected results thanks to strong lending and wealth fees.

Apple's plan to add generative artificial intelligence (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.

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ExecuJet MRO Services Malaysia, a subsidiary of luxury business aircraft maker Dassault Aviation, inaugurated its new maintenance, repair and overhaul (MRO) facility at Subang Airport on Thursday.

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Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary US customers and a slower-than-expected economic recovery in China.

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The US Federal Reserve (Fed) held interest rates steady on Wednesday and signalled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings that could make those rate cuts a while in coming.

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The Federal Communications Commission (FCC) is moving to prevent Huawei, ZTE and other foreign companies deemed to pose US national security concerns from certifying wireless equipment, officials told Reuters on Wednesday.

US moves to bar Huawei, other Chinese telecoms from certifying wireless equipment

Smart Asia Chemical Bhd, an industrial paint and coating manufacturer, on Thursday has begun taking orders from investors for its ACE Market initial public offering (IPO) that would raise up to RM37.4 million.&nbsp;

Over the last two years, Wall Street has convinced cautious equity investors to send billions of dollars into exchange-traded funds (ETFs) that use options to goose yields.

Bank of America sounds warning on options-ETF boom as day traders plunge in

National Australia Bank Ltd (NAB) said it will buy back up to A$1.5 billion (US$1 billion or RM4.77 billion) of its own stock as profit at the lender came in line with expectations.