<div class=newsTextDataWrapInner>KUALA LUMPUR (Jan 9): RHB Retail Research said Careplus Group Bhd is in the midst of resuming its uptrend from the recent pullback as it rebounded and consolidated above the rising 21-day simple moving average (SMA) line recently, with an eye towards the 45.5 sen immediate resistance.</div>

<div class=newsTextDataWrapInner>In a trading stocks note on Tuesday, the research house said that if a breakout above that level happens, the stock may climb higher towards the recent high of 51 sen, followed by the next resistance at 55 sen, or the two-year high.</div>

<div class=newsTextDataWrapInner>“However, if it falls below the 41 sen support — forming a lower low — this expectation will be cancelled,” it said.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

RHB Retail Research said Careplus Group Bhd is in the midst of resuming its uptrend from the recent pullback as it rebounded and consolidated above the rising 21-day simple moving average (SMA) line recently, with an eye towards the 45.5 sen immediate resistance.

Careplus in midst of resuming uptrend, says RHB Retail Research 

Sales of Apple Inc’s newest iPhones in China are up 20% in their first three weeks compared with 2023’s model, a positive sign for a device that struggled this year to gain traction in the world’s largest smartphone market.

Apple iPhone 16 sales soar 20% in China debut as demand recovers

China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise growth.

China's 3Q GDP hits weakest pace since early 2023, backs calls for more stimulus

Imprisoned former prime minister Datuk Seri Najib Razak said in the Kuala Lumpur High Court on Friday that he had some regrets regarding the SRC International Sdn Bhd's (SRC) debacle, where billions of Retirement Fund Inc (KWAP) funds meant to seek alternative power source, ended up being misappropriated and squandered.

Najib on SRC: 'I have certain regrets'

Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has yet to win any major customers for the project, three people familiar with the matter said.

Samsung delays taking deliveries of ASML chip gear for its new US factory — Reuters

KUALA LUMPUR (Oct 18): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court on Friday that he was not comfortable in calling or labelling fugitive businessman Low Taek Jho (Jho Low) “as a crook”.

I am not comfortable calling Jho Low a crook, says Shahrol in Riza Aziz’s hearing

Lebanon's Hezbollah militant group said on Friday it was moving to a new and escalating phase in its war against Israel while Iran said "the spirit of resistance will be strengthened" after the killing of Hamas leader Yahya Sinwar.

Hezbollah says it will escalate war with Israel after Hamas leader killed

Swedish truck maker AB Volvo reported on Friday a bigger drop than expected in its third-quarter adjusted operating profit and said it sees roughly unchanged demand next year as customers continue to be cautious.

Truck maker Volvo's 3Q adjusted profit falls more than expected

The Taipei-listed shares of TSMC hit a record high on Friday after the world's largest contract chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook for strong artificial intelligence (AI) demand.

TSMC stock hits new high after forecast-beating earnings

Japan's core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of fuel held steady, a sign that broadening price pressure will keep the central bank on track to raise interest rates further.

Japan's core inflation slows on fuel subsidies, demand-driven pressure intact 

China's central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on liquidity conditions, keeping the door open to more policy easing steps.

China cenbank chief flags more interest rate cuts

Shares of Heitech Padu Bhd (KL:HTPADU) were suspended with effect from 9am to 5pm on Friday, pending an announcement relating to a material contract.

Heitech Padu shares suspended ahead of Budget 2025 announcement

(Oct 18):&nbsp;Thailand’s 38-year-old prime minister is working on a plan to alleviate the economic drag from a household debt bill topping US$500 billion (RM2.15 trillion) — a figure that has ballooned since her father first took office in 2001.

A US$500b pile of household debt weighs on new Thai leader

KUALA LUMPUR (Oct 18): Main market-bound Azam Jaya Bhd, a Sabah-based construction firm, aims to raise RM61.5 million from its initial public offering (IPO), and set its IPO price at 78 sen per share. &nbsp;

Main market-bound Azam Jaya to raise RM61.5m from IPO

Imprisoned former prime minister Datuk Seri Najib Razak said in the Kuala Lumpur High Court on Friday that he had some regrets regarding the SRC International Sdn Bhd's (SRC) debacle, where billions of Retirement Fund Inc (KWAP) funds meant to seek alternative power source, ended up being misappropriated and squandered.&nbsp;

Malaysia's trade value in September&nbsp;declined&nbsp;7% to MR234.84 billion&nbsp;from a month earlier,&nbsp;but increased 4.7%&nbsp; from a year ago, according to the Ministry of Investment, Trade and Industry (Miti).

Malaysia’s September trade rises nearly 5% on year— Miti

BMI, a Fitch Solutions company, holds a positive outlook for consumer spending in Malaysia for 2025, supported by an ongoing economic recovery that fuels stable real consumer spending growth, according to its note on Friday.

The research firm said easing inflationary pressures and a stable labour market will sustain consistent consumer spending.&nbsp;

Positive 2025 consumer spending outlook for Malaysia, but high household debt poses risk — BMI

(Oct&nbsp;18) :&nbsp;The world’s biggest bond market got hit as a solid retail sales report had traders trimming their bets on Federal Reserve rate cuts this year.

Wall Street dials back Fed-cut bets on solid data

China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise growth.

China stocks rose on Friday as the central bank officially launched a swap facility aimed at boosting the equity market, although shares elsewhere in Asia were mixed in the wake of data confirming a slowdown in the world's second-largest economy.

China shares gain on latest policy steps; Fed view supports dollar

(Oct&nbsp;18) :&nbsp;The yen fell below the psychological mark of 150 per dollar, after robust US economic data led traders to dial back bets on Federal Reserve interest-rate cuts, boosting the greenback.&nbsp;

Yen falls to key 150 level after solid US retail, labour data

KUALA LUMPUR (Oct 18): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court on Friday that he was not comfortable in calling or labelling fugitive businessman Low Taek Jho (Jho Low) “as a crook”.

China's central bank kicked off two funding schemes on Friday, that will initially pump as much as 800 billion yuan (US$112.38 billion or RM484 billion) into the stock market through newly-created monetary policy tools.

China rolls out US$112b funding schemes to bolster stock market

SD Guthrie Bhd's (KL:SDG) core earnings are expected to grow by 46.9% in FY2024, followed by increases of 8.9% in FY25 and 12.2% in FY26, on recovery of fresh fruit bunches (FFB) production, and crude palm oil (CPO), said Apex Securities.

SD Guthrie FY2024 earnings to grow 47% on recovery of FFB production, CPO prices — Apex Securities

Lebanon's Hezbollah militant group said on Friday it was moving to a new and escalating phase in its war against Israel while Iran said "the spirit of resistance will be strengthened" after the killing of Hamas leader Yahya Sinwar.

The Taipei-listed shares of TSMC hit a record high on Friday after the world's largest contract chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook for strong artificial intelligence (AI) demand.

Gold topped US$2,700 an ounce for the first time, as concerns over escalating conflicts in the Middle East saw investors flock to safety.

Spot gold extends its record-breaking run to top US$2,700

(Oct 18):&nbsp;In the countdown to the weekend inauguration of Indonesia’s new president, Jakarta’s political elite has been huddled at the incoming leader’s private ranch outside the capital, deep in the last-minute haggling that will determine the shape of the country’s government for the next five years.

Indonesia’s fixer-in-chief bows out as Prabowo takes the helm

KUALA LUMPUR (Oct 18): The Malaysian Investment Development Authority (Mida) is on track to achieve its target of RM2.5 billion in investments from green investment leads at the International Greentech &amp; Eco Products Exhibition and Conference Malaysia (IGEM) 2024.

Mida on track to achieve goal of RM2.5b green investments at IGEM 2024

BENGALURU (Oct 17): Billionaire Warren&nbsp;Buffett’s Berkshire Hathaway has&nbsp;unloaded more Bank of America stock, as it continues to trim stake in the US banking giant, according to a regulatory filing.

Buffett’s Berkshire continues to reduce Bank of America stake

Japan’s top currency official helped lift the yen a touch on Friday after he warned he was keeping a close eye on market movements following the yen’s slide into the 150 range against the dollar overnight.