<div class=newsTextDataWrapInner>KUALA LUMPUR (Nov 12): RHB Retail Research said Poh Kong Holdings Bhd is poised for a strong rebound as it attempted to move past the consolidation phase of 86 sen on high trading volume on Thursday (Nov 11).</div>

<div class=newsTextDataWrapInner>In a trading stocks note on Friday, the research house said if the stock manages to move past that level, the bulls may drive the stock towards the immediate resistance of 92 sen, followed by 95.5 sen.</div>

<div class=newsTextDataWrapInner>“Conversely, falling below the 81.5 sen support level will cancel this expectation,” it said.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (Nov 12): RHB Retail Research said Poh Kong Holdings Bhd is poised for a strong rebound as it attempted to move past the consolidation phase of 86 sen on high trading volume on Thursday (Nov 11).

In a trading stocks note on Friday, the research house said if the stock manag...

Poh Kong poised for strong rebound, says RHB Retail Research

Philippine President Ferdinand Marcos Jr said he’s against any potential move by lawmakers to file an impeachment complaint against Vice-President Sara Duterte, calling the feud with his deputy a “storm in a teacup”.

Philippines' Marcos says he’s against impeaching VP Duterte amid feud

KUALA LUMPUR (Nov 29): Shares of Axiata Group Bhd (KL:AXIATA) rose to a one-month high on Thursday, as investors welcomed a better-than-expected third quarter, while analysts stayed divided amid earnings uncertainties ahead.

Axiata shares rise to one-month high after better-than-expected 3Q, analysts still divided

Continuous rains have caused the number of flood victims in several states to increase sharply, with the highest number in Kelantan, with 59,232 people evacuated to 221 temporary relief centres (PPS) as of Friday morning, compared to 50,947 people in 207 PPS on Thursday night.

Total flood victims soar on Friday morning, highest in Kelantan

KUALA LUMPUR (Nov 29): CIMB Group Holdings Bhd (KL:CIMB) is expected to achieve its return on equity (ROE) target for 2024, after its 3QFY2024 results exceeded expectations, analysts said on Friday.

CIMB on track to meet ROE target after 3Q beats analysts’ expectations

A port, a theme park and maybe even a Formula 1 race — those are just some of the things that one of Indonesia’s richest men believes can be hosted at his ambitious real estate project in North Jakarta.

Indonesian tycoon eyes theme park, F1 in US$16b project

Australia widened the scope of its anti-money-laundering regulation to include real-estate agents and precious stone dealers following years of warnings over the use of illicit cash in these high-risk sectors.

Australia tightens money-laundering rules for real estate, gems

TOKYO (Nov 28): Toyota Motor's global output dropped for a ninth consecutive month in October, dragged lower by big falls in production in the United States and China but the decline was mild compared to previous months.

The world's biggest automaker also logged its first rise...

Toyota's global output declines for ninth straight month in October

K-pop superstars NewJeans pulled the plug on their partnership with Hybe Co, escalating an unprecedented uprising that’s transfixed South Korea, wiping out as much as 7% of the studio’s value on Friday.

K-Pop stars quit Hybe in shock revolt that slams studio’s stock

BEIJING (Nov 29): A Beijing court sentenced veteran Chinese state media journalist Dong Yuyu on Friday to seven years in prison for espionage, a family member told Reuters.

China court sentences journalist Dong Yuyu to seven years in jail on spy charges, family says

BRUSSELS (Nov 28): France, Germany and Sweden called on the incoming European Commission on Thursday to ensure the future of battery production in Europe and avoid relying on China to meet its needs for the green transition.

In a paper released ahead of an EU ministers' meeting to ...

France, Germany, Sweden urge EU battery sector push to avoid China reliance

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

TNB, CIMB, Alliance Bank, HLFG, Hong Leong Bank, Axiata, IHH, Sime Darby, Genting, GENM, PPB, Capital A, Berjaya Corp, Supermax, Farm Fresh, Chin Teck, Icon Offshore, Globetronics

Capital A Bhd (KL:CAPITALA) slid in early trade on Friday after the aviation group's third-quarter results, which were mainly boosted by forex gains, came below most analysts' expectations.

Capital A slides in early trade after forex-boosted 3Q largely misses expectations

Shares of Supreme Consolidated Resources Bhd (KL:SUPREME) gained 48% in its trading debut on Friday after the frozen food processor’s initial public offering (IPO) on the ACE Market raised RM17.50 million.

Supreme Consolidated surges 48% on ACE Market debut

Negri Sembilan Oil Palms Bhd (KL:NSOP), which shares the same major shareholder and management with Chin Teck Plantations Bhd (KL:CHINTEK), has declared a 14 sen dividend payout — comprising a special nine sen and second interim five sen payout — after reporting a 26.6% jump in its third quarter net profit from the previous year, largely on higher revenue.

Negri Sembilan Oil Palms pays 14 sen dividend, including special nine sen payout as 3Q profit jumps

Colform Group Bhd’s upcoming debut on the ACE Market of Bursa Malaysia Securities has received the nod from the capital market operator, the steel and building material specialist based in Kota Kinabalu said.

Sabah-based IBS system maker Colform gets Bursa nod for ACE Market listing

Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local inflation data had traders favouring an imminent rate hike from the Bank of Japan (BOJ).

Asian shares slip, yen aims for best week in four months on BOJ hike bets

KUALA LUMPUR (Nov 29): Maybank Asset Management Sdn Bhd (Maybank AM)&nbsp;has launched the&nbsp;MAMG Alpha Capital &amp; Income Opportunities Fund&nbsp;to enhance diversification, and deliver both income and capital growth.&nbsp;

Maybank Asset Mgmt partners Fidelity Int’l to launch multi-asset fund

Australia’s controversial new law barring under-16s from social media is one of the toughest crackdowns yet on platforms including Facebook and TikTok as governments worldwide grasp for ways to protect children from harmful content.

TikTok, Meta brace for Australian social media ban fallout

France’s benchmark bond yield matched Greece’s for the first time on record, the latest milestone in a week marked by mounting anxiety over the fate of Prime Minister Michel Barnier’s government.

French 10-year borrowing costs match Greece’s for first time

KUALA LUMPUR (Nov 29): Shares of Axiata Group Bhd (KL:AXIATA) rose to a one-month high on Thursday, as investors welcomed a better-than-expected third quarter, while&nbsp;analysts stayed divided amid earnings uncertainties ahead.

International coffee traders are on tenterhooks after Brazil-based traders Atlantica and Cafebras sought to negotiate with creditors in court, having been hit by a surge in global arabica prices.

Coffee market on tenterhooks after Brazil traders seek creditor protection

European bond issuance has reached a record-breaking €1.705 trillion (US$1.8 trillion or RM8.02 trillion) this year, passing the high-water mark previously set in 2020.&nbsp;

Europe’s €1.705 trillion bond sales in 2024 beat pandemic record

A port, a theme park and maybe even a Formula 1 race — those are just some of the things that one of Indonesia’s richest men believes can be hosted at his ambitious real estate project in North Jakarta.

US President Joe Biden on Thursday said he hoped President-elect Donald Trump would rethink his plan to impose tariffs on Mexico and Canada, saying it could "screw up" relationships with close allies.

Biden says he hopes Trump rethinks tariffs on Mexico and Canada

European stocks snapped two days of declines, with technology leading the advance amid hopes that US curbs on chip equipment sales to China may prove lighter than feared.

The US is considering&nbsp;measures&nbsp;on sales of semiconductor equipment and AI memory chips to China that would stop short of stricter limits previously under discussion, Bloomberg News reported.

Tech reprieve lifts stocks, French crisis swirls

KUALA LUMPUR (Nov 29): CIMB Group Holdings Bhd (KL:CIMB) is expected to achieve its return on equity (ROE) target for 2024, after its 3QFY2024 results exceeded expectations, analysts said on Friday.

The yen extended gains through the key psychological level of 150 against the dollar as the market priced in a greater chance of the yield gap between the US and Japan narrowing next month.

Yen breaches key 150 level as bets on smaller yield gap increase

K-pop superstars NewJeans pulled the plug on their partnership with Hybe Co, escalating an unprecedented uprising that’s transfixed South Korea, wiping out as much as 7% of the studio’s value on Friday.

（吉隆坡29日讯）受外汇收益推动的第三季业绩低于多数分析员的预期，壹必投（Capital A Bhd）（KL:CAPITALA）周五早盘走低。

第三季业绩不及预期 壹必投走低

The German government is preparing billions of euros of new investments into the nation’s semiconductor industry, two months after Intel Corp shelved plans to build a €30 billion (US$32 billion or RM140.59 billion) chip factory in Magdeburg.