<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 18): RHB Retail Research said Telekom Malaysia Bhd (TM) has likely completed its one-month correction phase, and its uptrend is likely resuming.</p></div>

<div class=newsTextDataWrapInner><p>In its trading stocks note today, the research house said the latest session saw the stock piercing above the 21-day simple moving average (SMA) line on strong volume.</p></div>

<div class=newsTextDataWrapInner><p>“A positive bias is expected above RM6.17, with resistance points set at RM6.65 and RM6.80.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“A downside breach of RM6.17 would negate this expectation,” it said.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


RHB Retail Research said Telekom Malaysia Bhd (TM) has likely completed its one-month correction phase, and its uptrend is likely resuming.

In its trading stocks note today, the research house said the latest session saw the stock piercing above the 21-day simple moving average (SMA) line on strong volume.

Telekom Malaysia has likely completed correction phase, says RHB Retail Research

China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari chief executive officer Jean-Christophe Babin said. 

The LVMH-owned jeweller has seen a more visible downturn this year in China at its brick-and-mortar stores versus online channels that can reach more customers including those in smaller cities, Babin added on Wednesday in a round-table interview at the annual China International Import Expo in Shanghai.

Bulgari CEO sees Chinese luxury market recovering in next two years

Shares of Lotte Chemical Titan Holding Bhd (KL:LCTITAN) tumbled to their lowest in more than four years on Thursday, as investors reacted to widening quarterly losses while analysts flagged more troubles ahead.

Lotte Chemical shares tumble over four-year low amid larger losses, bleak outlook

LONDON (Nov 6): Saudi start-up Riyadh Air is wading back into the jet market after buying dozens of Airbus and Boeing planes, and aims to finalise a new deal involving the industry’s largest twin-aisle jets early next year, its chief executive said.

Riyadh Air plans new jet order decision early next year

KUALA LUMPUR (Nov 7): Shares of Hup Seng Industries Bhd (KL:HUPSENG) rose on Thursday after the biscuit maker declared a special dividend amid record high quarterly profits.

Hup Seng shares rise after record quarterly profits, special dividend

BEIJING (Nov 7): Prime Minister Datuk Seri Anwar Ibrahim continued his intensive schedule in Beijing, the final stop of his working visit, with a business meeting with China International Capital Corp (CICC).

Anwar continues intensive schedule in Beijing, to begin with business meeting with CICC

Most Asian stocks dropped on Thursday as investors weighed the market ramifications of a second Trump presidency, with its promise of steeper tariffs. The dollar edged higher after surging more than 1% on Wednesday.

Most Asian stocks fall on wariness over Trump win

KUALA LUMPUR (Nov 7): An explanation regarding the award of the second 5G network licence to U Mobile Sdn Bhd will be among highlights of the Dewan Rakyat session on Thursday.

Explanation on U Mobile’s 5G licence award among highlights of Dewan Rakyat sitting on Thursday

BMI, a unit of the Fitch group, predicts challenges in establishing two sustainable 5G networks in Malaysia, emphasising that investment commitments will be crucial for the second network's viability.

BMI sees challenges for Malaysia's dual 5G networks

PUTRAJAYA (Nov 6): The Malaysian Anti-Corruption Commission (MACC) has frozen several personal and company bank accounts, valued at around RM1.1 million, belonging to the husband-and-wife founders of the FashionValet e-commerce platform.

MACC freezes bank accounts of FashionValet founders

KUALA LUMPUR (Nov 6): Parkson Holdings Bhd’s (KL:PARKSON) subsidiary, Parkson Retail Group Ltd (PRGL), has secured two major lease agreements in Shanghai and Nanning, China, with a total combined value of approximately RM358.8 million.

Parkson’s unit secures two major lease agreements in China

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday</p>


3REN, CTOS, Pharmaniaga, Hup Seng, Lotte Chemical, Datasonic, Haily, Mah Sing, AMMB, DXN, JAKS Resources, Star Media

<p>Most Asian stocks dropped on Thursday as investors weighed the market ramifications of a second Trump presidency, with its promise of steeper tariffs. The dollar edged higher after surging more than 1% on Wednesday.</p>


<p>Security-based ICT provider Datasonic Group Bhd (KL:DSONIC) has proposed to undertake bonus issues of up to 1.55 billion warrants on the basis of one warrant for every two shares held by shareholders.</p>


Datasonic proposes one-for-two bonus warrants

<p>KUALA LUMPUR (Nov 7): Shares of Hup Seng Industries Bhd (KL:HUPSENG) rose on Thursday after the biscuit maker declared a special dividend amid record high quarterly profits.&nbsp;</p>


<p>PUTRAJAYA (Nov 6): The Malaysian Anti-Corruption Commission (MACC) has frozen several personal and company bank accounts, valued at around RM1.1 million, belonging to the husband-and-wife founders of the FashionValet e-commerce platform.&nbsp;</p>


<p>Shares of Lotte Chemical Titan Holding Bhd (KL:LCTITAN) tumbled to their lowest in more than four years on Thursday, as investors reacted to widening quarterly losses while analysts flagged more troubles ahead.</p>


<p>A surge in American steel stocks just hours after former president Donald Trump secured a second term signals investors are betting his victory is bullish for the industry.</p>


Steel stocks back in vogue as Trump victory buoys outlook

<p>The Nasdaq 100 Index climbed to its first record since July in the wake of the US presidential election, which&nbsp;added&nbsp;to the year’s powerful bull market in megacap tech stocks.</p>


Nasdaq 100 hits record as Big Tech extends climb after election

<p>Donald Trump’s victory in the race for the White House is set to inspire companies that have stuck to the sidelines to go public in the US as soon as next year, capitalising on the stock market’s positive reaction and the president-elect’s promises to cut red tape.</p>


IPO market holdouts look to 2025 as Trump retakes White House

<p>Donald Trump&nbsp;recaptured the White House with a sweeping victory on Wednesday as tens of millions of Americans looked past his criminal charges and divisive rhetoric to embrace a leader who, if he carries out his campaign promises, will test the limits of presidential power.</p>


Trump win to test limit of presidential power; Harris concedes but vows 'fight'

<p>BMI, a unit of the Fitch group, predicts challenges in establishing two sustainable 5G networks in Malaysia, emphasising that investment commitments will be crucial for the second network's viability.</p>


<p>KUALA LUMPUR (Nov 6): The French Supreme Court on Wednesday fully dismissed the challenge filed by the alleged heirs of the defunct Sulu sultanate, said Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.</p>

<p>In a Facebook post, she des...

Azalina: French Supreme Court delivers historic win for Malaysia against Sulu claimants

<p>KUALA LUMPUR (Nov 7): An explanation regarding&nbsp;the award of&nbsp;the second 5G network licence to U Mobile Sdn Bhd will be among highlights of&nbsp;the Dewan Rakyat session on Thursday.</p>


<p>KUALA LUMPUR (Nov 6): Parkson Holdings Bhd’s (KL:PARKSON) subsidiary, Parkson Retail Group Ltd (PRGL), has secured two major lease agreements in Shanghai and Nanning, China, with a total combined value of approximately RM358.8&nbsp;million.</p>


<p>BEIJING (Nov 7): Prime Minister Datuk Seri Anwar Ibrahim continued his intensive schedule in Beijing, the final stop of his working visit, with a business meeting with China International Capital Corp (CICC).</p>


<p>Stocks hit all-time highs, US yields jumped and the dollar saw its best day since 2022 on Wednesday, with investors mapping out Donald Trump’s return to presidency and the potential for Republicans to win both houses of Congress.</p>


S&P 500 sees best post-election day in its history

<p>YNH Property Bhd (KL:YNHPROP), which has yet to complete a special independent review of certain contracts it previously said would take three months to complete from its commencement in June, has now said the review had been delayed due to "strained resources".</p>


YNH blames 'strained resources' for delay in completing independent review of its JV, turkey contracts

<p>（吉隆坡7日讯）合成工业（Hup Seng Industries Bhd）（KL:HUPSENG）季度净利创下新高纪录，加上派发特别股息，刺激股价今早走高。</p>


净利创新高兼派特别股息 合成工业股价走高

<p>LONDON (Nov 6): Saudi start-up Riyadh Air is wading back into the jet market after buying dozens of Airbus&nbsp;and Boeing planes, and aims to finalise a new deal involving the industry’s largest twin-aisle jets early next year, its chief executive said.</p>


<p>（吉隆坡7日讯）乐天大腾化学（Lotte Chemical Titan Holding Bhd）（KL:LCTITAN）净亏扩大，并警告未来几天存在不确定性，拖累股价周四跌至4年多以来的最低点。</p>
