<div class=newsTextDataWrapInner>KUALA LUMPUR (Dec 23): RHB Retail Research said Hartalega Holdings Bhd is in the process of a rebound, as it bounced higher on Wednesday (Dec 22) following a recent pullback – printing a “White Marubozu” bullish candlestick.</div>

<div class=newsTextDataWrapInner>In a trading stocks note on Thursday, the research house said if the stock manages&nbsp; to move past the RM5.60 nearest resistance – forming a “higher high” bullish pattern – buying pressure should continue to lift the stock towards the resistance of RM5.97, followed by RM6.33.</div>

<div class=newsTextDataWrapInner>“If it falls below the RM5.22 support, the momentum may be reversed,” it said.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (Dec 23): RHB Retail Research said Hartalega Holdings Bhd is in the process of a rebound, as it bounced higher on Wednesday (Dec 22) following a recent pullback – printing a “White Marubozu” bullish candlestick.

In a trading stocks note on Thursday, the research house said ...

Hartalega in the process of a rebound, says RHB Retail Research

Goldman Sachs Group Inc. has lowered its forecasts for the dollar against a wide range of currencies after the Federal Reserve slashed interest rates.

The bank expects the greenback to gradually weaken as lower US yields diminish its appeal.

Goldman cuts dollar forecasts after Fed slashes interest rates

US equities eked out a gain as traders parsed commentary from Federal Reserve policymakers and saw scope for further easing after last week’s half a percentage point interest-rate cut.

The S&P 500 advanced 0.3%, a whisker away from last week’s all-time high as Fed officials reflected on the central bank’s policy path

Stocks gain as traders weigh another big rate cut

Federal Reserve Bank of Atlanta president Raphael Bostic said starting the central bank’s cutting cycle with a large move will help bring interest rates closer to neutral levels as the risks between inflation and employment become more balanced.

Fed’s Bostic says large cut bolsters labour market, pace not set

Federal Reserve Bank of Chicago president Austan Goolsbee said interest rates need to be lowered “significantly” to protect the US labour market and support the US economy.

Fed’s Goolsbee sees ‘many more’ rate cuts over the next year

US equities edged higher while Treasuries fell as traders parsed comments from Federal Reserve policymakers for clues on the scope for further easing after last week’s half a percentage point interest-rate cut.

US stocks, yields higher as Fed policymakers weigh in

Here is a brief recap of some corporate announcements that made news on Monday.

Affin Bank, Capital A, Pharmaniaga, Globetronics, APB Resources, ITMAX, Apollo Food, KJTS, Alliance Bank, Ancom Nylex and Fiamma

California has filed a lawsuit against oil giant Exxon Mobil over its alleged role in global plastic waste pollution, its attorney general announced on Monday.

California sues Exxon over global plastic pollution

Ancom Nylex Bhd(KL:ANCOMNY) expects that the emergence of Hamburg-based chemical marketing firm Helm AG as its substantial shareholder will enhance its presence in Europe, as well as in the North and South American markets.

Ancom Nylex set sights on Europe with Helm AG’s investment

US billionaire Dan Friedkin has agreed to a takeover of Everton FC, the Premier League team that has long struggled to find a buyer.

Friedkin and Everton owner Farhad Moshiri came to an agreement over the weekend, according to people familiar with the matter, bringing to an end to months of uncertainty at the Liverpool-based football team.

Everton FC agrees to takeover from AS Roma owner Friedkin

Strands of beard kept in a special container were among the items seized by the Royal Malaysia Police (PDRM) during the fourth phase of Op Global at a house owned by the top management of GISB Holdings Sdn Bhd (GISBH) in Rawang on Saturday (Sept 21).

Inspector-General of Police Tan Sri Razarudin Husain said the police also seized 455 pamphlets and related logos, which were later handed over to the Department of Islamic Development Malaysia (JAKIM) for further action.

Strands of beard among items seized from GISBH in Op Global raid

Indian refiners cancelled 100,000 metric tons of&nbsp;palm&nbsp;oil purchases for delivery between October and December, as New Delhi's move to raise import duties due to a rally in overseas prices prompted them to book profits, five trade officials told Reuters.

Indian refiners cancel palm oil contracts on duty hike, price rise

KUALA LUMPUR (Sept 23): Three directors have stepped down from APB Resources Bhd’s (KL:APB) board amid a sharp fall in the company’s share price.

The trio — independent and non-executive chairman Datuk Seri Abd Rahim Jaafar, independent and non-executive directors Chuah Seong Eng and Ta...

Three APB Resources directors step down amid battered share price

Here is a brief recap of some corporate announcements that made news on Monday.&nbsp;

Hamburg-based chemical marketing firm Helm AG is subscribing for shares of Ancom Nylex Bhd (KL:ANCOMNY) that will give it control of 9.47% of the agricultural machinery manufacturer's shares through a private placement.

Hamburg-based Helm AG emerges as substantial shareholder of Ancom Nylex with 9.47% stake

The US&nbsp;Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns, a move that would effectively bar nearly all Chinese cars from entering the US&nbsp;market.

Biden proposes banning Chinese vehicles from US roads with software crackdown

KJTS Group Bhd (KL:KJTS) has secured a contract worth RM23.75 million for sub-contract work for a data centre in Sedenak Tech Park, Johor.

In a bourse filing, the building support services provider said its wholly-owned subsidiary, KJ Technical Services Sdn Bhd, had accepted the Letter of Award from Sunway Engie DC Sdn Bhd.

KJTS bags RM24 mil data centre job in Johor

The Sarawak government will review the development of the port area of Bintulu, with the advisory services of Surbana Jurong, a Singapore-based port development firm.

Bintulu Port development to get a boost from Singapore firm's expertise, says Abang Johari

Fiscal consolidation efforts by the Malaysian government, such as diesel subsidy rationalisation, tariff hikes&nbsp;and an increase in the sales and services tax (SST) rate, have not led to a sharp spike in general prices so far, as reflected by the easing of headline inflation in August, economists observed. &nbsp;

Economists: Govt's fiscal consolidation efforts have not led to sharp increase in general prices so far

Apollo Food Holdings Bhd (KL:APOLLO) reported a 26.66% year-on-year jump in its first quarter net profit, lifted by higher revenue amid an increase in domestic and export sales. &nbsp;

Apollo Food's 1Q net profit up 27% on higher sales

Here’s a quick look at some of the stories that made headlines today.

EVENING 5: Five things you need to know today

Mercury Securities has projected a fair value of 55 sen per share to ACE Market-bound semiconductor sector service provider Crest Group Bhd, on the back of expected earnings growth in the coming two years underpinned by its growing regional footprint.

Mercury Securities ascribes 55 sen fair value to ACE Market-bound Crest Group

Specialty fertiliser company&nbsp;Cropmate Bhd has received approval from Bursa Malaysia for its ACE Market listing.&nbsp;

According to Cropmate’s draft prospectus for the initial public offering (IPO), it said the listing exercise would involve&nbsp;the public issue of 210 million new ordinary shares in the company.

Cropmate gets Bursa's nod to list on ACE Market

The Malaysian Rubber Council (MRC) has projected Malaysia's rubber and rubber products exports to exceed RM30 billion by the end of the year, buoyed by strong performance in the first half of 2024 (1H 2024).

Malaysian Rubber Council projects exports of rubber, related products to exceed RM30 bil

Penang Port Sdn Bhd is awaiting government approval for its RM2.2 billion expansion plan at the North Butterworth Container Terminal, which is expected to be rolled out in phases once the green light is received.

Penang Port awaits government approval for RM2.2 bil expansion plan

Ancom Nylex Bhd(KL:ANCOMNY) expects that the emergence of Hamburg-based chemical marketing firm Helm AG as its substantial shareholder will enhance its presence in Europe, as well as in the North and South American markets.

EPB Group Bhd (KL:EPB), which was listed a month ago, is acquiring land in Penang Science Park North, Penang for RM22.49 million for its business expansion. &nbsp;

EPB buys land from Penang Development Corp for RM22.5 mil for expansion 

Fiamma Holdings Bhd (KL:FIAMMA) saw Casa Holdings Ltd cease to be its substantial shareholder after disposing of its entire stake in the electrical home appliance distributor.

Singapore’s Casa Holdings ceases to be substantial shareholder of Fiamma 

The manager of Mapletree Logistics Trust (MLT) has completed the divestment of Flexhub in Malaysia, according to a release on Monday.

Mapletree Logistics Trust completes divestment of Flexhub in Malaysia

The decision regarding the doctrine of GISB Holdings Sdn Bhd (GISB) will only be known after receiving the consent of the Conference of Rulers, which will convene in October, says Minister in the Prime Minister’s Department (Religious Affairs) Datuk Dr Mohd Na’im Mokhtar.

Decision on GISB doctrine expected after Conference of Rulers meeting in October — Mohd Na’im

Strands of beard kept in a special container were among the items seized by the Royal Malaysia Police (PDRM) during the fourth phase of Op Global at a house owned by the top management of GISB Holdings Sdn Bhd (GISBH) in Rawang on Saturday (Sept 21).

Inspector-General of Police Tan Sri Razarudin Husain said the police also seized 455 pamphlets and related logos, which were later handed over to the Department of Islamic Development Malaysia (JAKIM) for further action.