<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 5): RHB Retail Research said trading in the shares of Malakoff Corp Bhd is undergoing consolidation and attempting to stage a bullish breakout.</p></div>

<div class=newsTextDataWrapInner><p>In a trading stocks note on Monday, the research house observed that the stock has been moving horizontally below the 67.5 sen resistance.</p></div>

<div class=newsTextDataWrapInner><p>However, it said that trading volume has increased recently, with the bullish momentum picking up pace.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“If bullish breakout happens, the stock may climb towards 70 sen, followed by 73 sen.</p></div>

<div class=newsTextDataWrapInner><p>“Conversely, breaching below the 63 sen support would kick off the downward movement,” it said.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


RHB Retail Research said trading in the shares of Malakoff Corp Bhd is undergoing consolidation and attempting to stage a bullish breakout.

Trading in Malakoff shares undergoing consolidation, says RHB Retail Research

MORNING CALL: 18/4/25

(April 18) : New applications for unemployment benefits filed by federal employees increased for a second week, hovering near levels seen in January before the Trump administration started to fire workers across agencies.

There were 629 initial claims filed nationw...

US jobless claims by Federal employees ticked up last week

The US Federal Reserve is solidifying plans to overhaul its stress tests of big banks, presenting a proposal for public comment that would average the results over two years. 

The Fed said in a statement Thursday that it intends to delay the effective date of the annual stress-capital buffer requirement from Oct. 1 to Jan. 1 of the next year, giving banks more time to adjust to the new capital requirements.

Fed unveils plan to overhaul stress tests for big US banks

A rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the idea of the Federal Reserve stepping in to bolster markets, rankling President Donald Trump who touted a smattering of deals Thursday. 

The S&P 500 slumped 1.5% over the four-day span, briefly trimming losses after Trump said there would be a trade deal with the European Union, without giving details or a timeline on when an agreement would be reached

Stocks rebound fizzles as Trump goes on offensive

The number of Americans filing new applications for unemployment benefits fell to a two-month low last week, suggesting labour market conditions remained stable in April, though uncertainty around tariffs is making businesses hesitant to boost hiring.

US labour market stable; single-family homebuilding dives amid tariffs 

Alphabet's Google illegally dominated two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for US antitrust prosecutors to seek a breakup of its advertising products.

Google holds illegal monopolies in ad tech, judge finds, allowing US to seek breakup

Barisan Nasional (BN) candidate Dr Mohamad Yusri Bakir has been urged to complete his campaign rounds at all 20 polling districts (PDM) in Ayer Kuning within the first week to ensure smooth groundwork in defending the state seat.

Ayer Kuning polls: BN candidate told to cover all 20 polling districts in first week

KUALA LUMPUR (April 17): Sin Chew Daily's editor-in-chief and deputy chief sub-editor were released on police bail on Thursday night after being detained for nearly five hours.

According to the Chinese-language newspaper, its editor-in-chief Chan Aun Kuang and deputy chief sub-...

Sin Chew editors released on bail after nearly five-hour detention

Malaysia, as the Asean chair for 2025, is committed to enhancing connectivity and regional cooperation among Asean member states, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar emphasised Malaysia's dedication to attracting sustainable investments that deliver positive spill-over effects for the national economy.

Anwar highlights investment opportunities in Malaysia to Thai business leaders

Sarawak Premier Tan Sri Abang Johari Tun Openg has described a report alleging the state as being keen to acquire a stake in AMMB Holdings Bhd (AmBank Group) (KL:AMBANK) to merge with its 31.25%-owned Affin Bank Bhd (KL:AFFIN) as mere speculation, according to Bernama.

Sarawak premier dismisses talk of state’s interest in Ambank for Affin merger — report

<p>Chin Hin Group Property Bhd (KL:CHGP) said it has joined forces with Fiamma Holdings Bhd (KL:FIAMMA) to develop a mixed-use property project at the Kuala Lumpur City Centre (KLCC) area, with a projected gross development value of RM1.03 billion.</p>


Chin Hin Property partners Fiamma to develop RM1.03 bil mixed-use project at KLCC area

<p>China is ready to share its rare earth processing technology with Malaysia — a move which will generate greater value compared to exporting raw materials.</p>


Tok Mat says China ready to share rare earth processing technology with Malaysia

<p>Hextar Technologies Solutions Bhd (KL:HEXTECH) is set to emerge as the largest shareholder in Widad Group Bhd (KL:WIDAD), with a 23.03% stake, following a land injection deal in Negeri Sembilan.</p>


Hextar Technologies to emerge as Widad’s largest shareholder following Nilai land injection

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


HexTech, Chin Hin, Fiamma, Mudajaya, Perak Transit, Meta Bright, NEXG, Ancom Nylex, MN Holdings, Sunsuria, T7

<p>InvestSarawak and China Energy Engineering Investment Corporation Ltd (CEEIC) on Thursday signed a memorandum of understanding (MOU) to jointly develop large-scale renewable energy generation and infrastructure projects in Sarawak, with a potential investment value of US$1.35 billion (RM6 billion).</p>


InvestSarawak, China Energy Engineering ink MOU for RM6 bil renewable energy projects

<p><i>Sin Chew Daily</i> has suspended two top editors, pending the outcome of an investigation into the publication of an incomplete image of the Jalur Gemilang on its front page on April 15.</p>


Sin Chew suspends two editors over Jalur Gemilang blunder

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<p>Read more i...

At the current price, is gold still a good hedge against Trump’s madness?

<p>The S&amp;P 500 and the Nasdaq rose on Thursday on the final trading day of the week, with focus on US-Japan tariff talks, while a slump in UnitedHealth's shares following a forecast cut by the insurer weighed on the Dow.</p>


S&P 500, Nasdaq advance after sell-off; UnitedHealth plunges

<p>KUALA LUMPUR (April 17): <em>Sin Chew Daily</em>'s editor-in-chief and deputy chief sub-editor were released on police bail on Thursday night after being detained for nearly five hours.</p>

<p>According to the Chinese-language newspaper, its editor-in-chief Chan Aun Kuang and deputy chief sub-...

<p>The European Central Bank lowered interest rates for the seventh time since last June as global trade tensions threaten to derail the region’s economic recovery.</p>


ECB cuts interest rates again as Trump tariff fears threaten recovery

<p>In a world where geopolitical tensions increasingly shape trade flows, security alliances, and digital infrastructure, Malaysia has found itself not on the sidelines — but squarely in the crossfire. Nestled in the heart of Southeast Asia, our country has long danced a diplomatic ballet between the two largest economies: the United States and China. Today, that balancing act is becoming more perilous than ever.</p>


Small nation, big crossfire: What happens to Malaysia when the elephants dance?

<p>Malaysia, as the Asean chair for 2025, is committed to enhancing connectivity and regional cooperation among Asean member states, said Prime Minister Datuk Seri Anwar Ibrahim.</p>

<p>Anwar emphasised Malaysia's dedication to attracting sustainable investments that deliver positive spill-over effects for the national economy.</p>


<p>With an order to halt work on a wind farm off the coast of New York, the Trump administration dealt the offshore wind industry a damaging blow that puts US$28 billion (RM123.48 billion) of investment at risk.</p>


Trump delivers crushing blow to offshore wind industry

<p>Donald Trump may have unwittingly done more for the planet in 2025 than many world leaders have done by design. His latest act — a sweeping global tariff regime — has been decried as capricious, protectionist, inflationary and geopolitically reckless. Yet buried within the economic disruption lies a surprising ecological dividend: a forced slowdown in the world’s hyper-consumptive habits, and with it, a potential reduction in global waste and emissions.</p>


The green side of Trump’s trade war

<p>The High Court here on Thursday ruled that it has jurisdiction to hear the lawsuit filed by the sons of the late Tun Abdul Taib Mahmud, Sarawak’s seventh governor, against their stepmother, Toh Puan Raghad Kurdi Taib.</p>


High Court rules it has jurisdiction to hear lawsuit against Taib's wife Raghad 

<p>UnitedHealth Group Inc cut its annual forecast and reported its first earnings miss in more than a decade, in a foreboding sign that sent shares across the insurance industry tumbling.</p>

<p>The company said it was blindsided by rising medical costs as the first quarter closed, upending a forecast it had affirmed just three months ago.&nbsp;</p>


UnitedHealth falls most in 25 years after shock forecast cut

<p>A rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the idea of the Federal Reserve stepping in to bolster markets, rankling President Donald Trump who touted a smattering of deals Thursday.&nbsp;</p>

<p>The S&amp;P 500 slumped 1.5% over the four-day span, briefly trimming losses after Trump said there would be a trade deal with the European Union, without giving details or a timeline on when an agreement would be reached</p>


<p>Prime Minister Datuk Seri Anwar Ibrahim and his Thai counterpart, Paetongtarn Shinawatra, have reaffirmed their commitment to addressing the issue of US tariffs collectively at the Asean level.</p>


Anwar, Thailand's Paetongtarn reaffirm Asean's collective stand on US tariffs

<p>Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of the IMF's economic forecasts but no global recession is expected, IMF managing director Kristalina Georgieva said on Thursday.</p>


IMF expects 'notable markdowns' in growth forecasts, but no global recession

<p>The head of Europe’s insurance watchdog said the US Treasury market’s recent volatility is bringing into question its status as a safe haven.</p>

<p>Petra Hielkema, the chair of the European Insurance and Occupational Pensions Authority (EIOPA), made the comments last week as part of a presentation on behalf of European Union (EU) financial supervisors, according to people familiar with the matter.</p>
