<div class=newsTextDataWrapInner>KUALA LUMPUR (Dec 16): RHB Retail Research said Hextar Technologies Solutions Bhd is staging a breakout above the consolidation phase after it bounced off the 21-day average line and pushed past the RM13.80 resistance level on Thursday, thereby printing a fresh “higher high” bullish structure on the back of improved trading volume.</div>

<div class=newsTextDataWrapInner>In a trading stocks note on Friday (Dec 16), the research house said that the renewed&nbsp; buying momentum above the breakout level is likely to follow through in the coming sessions, and push the counter further towards the RM16.00 mark, before possibly printing a new high level at RM18.00.</div>

<div class=newsTextDataWrapInner>“The momentum may be reversed if it drops below RM12.60, forming a 'lower low'&nbsp;bearish pattern, below the average line,” it said.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (Dec 16): RHB Retail Research said Hextar Technologies Solutions Bhd is staging a breakout above the consolidation phase after it bounced off the 21-day average line and pushed past the RM13.80 resistance level on Thursday, thereby printing a fresh “higher high” bullish structure on ...

Hextar Technologies is staging a breakout, says RHB Retail Research

The public have been reminded to be vigilant with the dissemination of invitations for a meeting on the implementation of a 5G tower project and the Jendela 2 project in Sabah, which will allegedly take place at a hotel in the capital on Tuesday.

MCMC warns about fake invitations for 5G tower and Jendela 2 projects

SEATTLE/MONTREAL (Nov 4): Boeing’s US West Coast factory workers were voting on an improved contract offer on Monday, that could end a seven-week strike and restart most jet production at the troubled planemaker.

Boeing workers vote on wage deal that could end strike

ON Tuesday, Nov 5, Americans will go to the polls to elect their 47th president. Incumbent Joe Biden’s four-year term of office ends at noon on Jan 20 next year, when a new president will be sworn in. Since mid-July when Biden, 82, announced that he would not seek re-election, the race has litera...

Who will win the US election and should you care?

Melaka plans to set up a consortium to develop idle farming land for paddy farming to increase its paddy production, said State Rural Development, Agriculture and Food Security Committee chairman Datuk Dr Muhamad Akmal Saleh.

Melaka plans to set up consortium to develop abandoned land for paddy farming

CapitaLand Investment (CLI) announced on Tuesday that it had secured S$261 million (RM865.14 million) capital commitment from a new Japanese capital partner, Mitsui OSK Lines, for its Southeast Asia and India private funds.

CapitaLand Investment raises S$261m for Southeast Asia and India funds

WHILE equity analysts are mixed on the possible outcome of the much-anticipated US presidential election on Tuesday (Nov 5), they observe that investors are taking a wait-and-see approach since a Democratic or Republican victory will have a different impact on market sentiments and performance.

Trump or Harris win will impact market differently, say analysts

IHH Healthcare Bhd (KL:IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of approximately RM3.9 billion.

IHH Healthcare completes acquisition of Island Hospital in Penang for RM3.9 bil

BENGALURU (Nov 4): American International Group (AIG) sailed past Wall Street estimates for third-quarter profit on Monday, as the insurer benefitted from strong underwriting and higher returns on investments.

AIG’s profit beats estimates on strong underwriting, investment returns

NEW YORK (Nov 4): A consortium of financial technology and cryptocurrency companies including Robinhood, Kraken and Galaxy Digital introduced a joint stablecoin pegged to the US dollar on Monday.

Crypto firms including Robinhood, Kraken launch global stablecoin network

KUALA LUMPUR (Nov 5): The method for determining the T15 group, the search efforts for flight MH370 and measures taken by the government to address delays in flood mitigation projects will be among highlights of Tuesday’s Dewan Rakyat sitting.

MH370 search efforts, T15 determination method among highlights of Parliament on Tuesday

Here is a brief recap of some business news and corporate announcements that made the headlines on Monday.

SD Guthrie, AME Elite, Techna-X, Star Media, JAKS Resources, Datasonic, Revenue Group, Dayang, Carimin, MN Holdings, Tuju Setia, Bina Puri, Elridge, MCE Holdings, Bintai Kinden

Prime Minister Datuk Seri Anwar Ibrahim has arrived in Shanghai, marking his first stop before Beijing, as part of a working visit from Nov 4-7.

Anwar arrives in Shanghai, first stop of working visit to China

Prime Minister Datuk Seri Anwar Ibrahim is set to invite China’s President Xi Jinping to attend the Asean Summit and the Asean-GCC Summit next year.

This invitation corresponds with Malaysia’s role as the Asean chair for 2025.

Anwar to extend invitation to Xi Jinping for 2025 Asean Summit

US stock indexes were trading flat to lower on Monday, as investors braced for a pivotal week for global markets in which Americans will elect a new president and the Federal Reserve is likely to cut its benchmark policy rate.

Wall Street struggles for direction as uncertainty around US election grows

Asian equities were set for a mixed day amid increasing risk-off sentiment, as the clock ticked down to a tight US presidential election and the Federal Reserve rate decision.

Asian stocks cautious as US election on knife’s edge

WHILE equity analysts are mixed on the possible outcome of the much-anticipated US presidential election on Tuesday (Nov 5), they observe that investors are taking a wait-and-see approach since a Democratic or Republican victory will have a different impact on market sentiments and performance.</...

KUALA LUMPUR (Nov 5): The method for determining the T15 group, the search efforts for flight MH370 and measures taken by&nbsp;the government&nbsp;to address delays in&nbsp;flood mitigation projects&nbsp;will be&nbsp;among highlights of Tuesday’s&nbsp;Dewan Rakyat sitting.

Chile’s economic activity posted its biggest monthly plunge since July 2022 in September, prompting the government to scrap its growth forecast for this year and stoking bets on more interest rate cuts.

Chile economic activity plunges most since 2022 in ‘appalling’ report

New orders for US-manufactured goods fell for a second straight month in September, and business spending on equipment appears to have pulled back in the third quarter.

US factory orders fall a second straight month in September

Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big Oil, according to some of the industry’s top executives.

Big Oil chiefs see Middle East conflict, China as top concerns

Stocks failed to gain traction and bonds climbed, with polls continuing to depict a tight race in the US presidential election ahead of the Federal Reserve rate decision.

In the run-up to Tuesday’s vote, equity traders decided to stay on the sidelines as a flurry of polls showed Americans remain narrowly split between Donald Trump and Kamala Harris. The likelihood of a disputed result could eventually drag the vote count out for weeks or even months. For many, that means one thing — a potential increase in volatility. Treasuries rose across the curve and the dollar dropped the most in over a month.

Wall Street shuns risk before coin-toss election

Quincy Jones, the man known simply as "Q," was a huge influence on American music in his work with artists ranging from Count Basie to Frank Sinatra and reshaped pop music in his collaborations with Michael Jackson.

US music legend Quincy Jones dies at 91

IHH Healthcare Bhd (KL:IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of approximately RM3.9 billion.

A late season tropical storm predicted to intensify into a category 2 hurricane in the U.S. Gulf of Mexico this week could reduce U.S. oil production by about 4 million barrels, researchers said.

Late season storm could disrupt 4 mln barrels of US oil output, researchers say

A security fence rings a Las Vegas building where Nevada tabulates votes. An Arizona sheriff has his department on high alert to guard against potential violence with drones and snipers on standby. Governors of at least three states have called for National Guard troops to help maintain the peace.

As a tense America votes for either Republican Donald Trump or Democratic Vice President Kamala Harris for president, concerns about potential political violence have prompted officials to take a variety of measures to bolster security during and after Election Day.

US states worried about election unrest take security precautions

Commerzbank AG chief executive officer Bettina Orlopp is seeking to unlock more capital to pay out or invest, as she makes the case for an independent bank in the face of a potential takeover by rival UniCredit SpA.

Commerzbank looks to free up capital to fend off UniCredit

North Korea fired an unidentified ballistic missile toward the sea east of the Korean Peninsula, South Korea's Joint Chiefs of Staff said on Tuesday.

North Korea fires ballistic missile, South Korea military says

NEW YORK (Nov 4): A consortium of financial technology and cryptocurrency companies including Robinhood, Kraken and Galaxy Digital&nbsp;introduced a joint stablecoin pegged to the US dollar on Monday.

SEATTLE/MONTREAL (Nov 4): Boeing’s US West Coast factory workers were voting on an improved contract offer on Monday, that could end a seven-week strike and restart most jet production at the troubled planemaker.

CapitaLand Investment (CLI) announced on Tuesday that it had secured S$261 million (RM865.14 million) capital commitment from a new Japanese capital partner, Mitsui OSK&nbsp;Lines, for its Southeast Asia and India private funds.