<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 19): RHB Retail Research said AWC Bhd’s price is poised to scale higher after it broke past the key resistance on high volume.</p></div>

<div class=newsTextDataWrapInner><p>In a trading stocks note on Monday, the research house said that the stock’s price managed to climb above the 21-day simple moving average line and close above the 65 sen resistance. The latest price action confirmed a bullish setup.</p></div>

<div class=newsTextDataWrapInner><p>“The renewed momentum should propel the counter’s price towards the next resistance pegged at 70 sen and followed by the 75 sen level.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“On the downside, breaching the 60 sen support negates the bullish setup,” it said.</p></div>


RHB Retail Research said AWC Bhd’s price is poised to scale higher after it broke past the key resistance on high volume.

AWC’s price poised to scale higher, says RHB Retail Research

Bank of England (BOE) Governor Andrew Bailey warned Chancellor of the Exchequer Rachel Reeves not to raise tariffs in retaliation to an expected wave of US-led protectionism, amid fears that President-elect Donald Trump will kick off a global trade war once he is sworn in next year.

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LIMA, Peru (Nov 15): Malaysia is steadfast in its commitment to embracing digital transformation as a driving force for economic growth, connectivity and innovation, said Foreign Minister Datuk Seri Mohamad Hasan.

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A new Technical and Tactical Cyber Unit has been established to boost the Commercial Crime Investigation Department’s (CCID) ability to effectively tackle cybercrimes.

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China's factory output growth slowed in October and it was still too early to call a turn in the crisis-hit property sector even though consumers perked up, keeping alive calls for Beijing to top-up its recent blitz of stimulus to revitalise the economy.

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Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), and Taylor's Education Group have collaborated to establish affordable international schools within Gamuda Land's townships.

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Meta Platforms Inc said it intends to appeal court rulings allowing dozens of states and hundreds of school districts across the US to proceed with lawsuits blaming “addictive” social media apps for contributing to a mental health crisis among youths.

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<p>WASHINGTON (Nov 14): No major US trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday in the Biden administration's final semi-annual currency report before turning over policing of foreign exchange practices to President-elect&nbsp;Donald Trump.</p>


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<p>KUALA LUMPUR (Nov 15): Shares of Metro Healthcare Bhd (KL:METRO) edged higher on Friday in its trading debut on the ACE Market, after the fertility and maternity specialist raised RM39.16 million from its initial public offering (IPO).</p>


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<p>MR DIY Group (M) Bhd’s (KL:MRDIY) shares fell to their lowest in three months on Friday amid weaker-than-expected third-quarter earnings, prompting analysts to cut their earnings forecasts due to weak consumer sentiment and lower spending power.</p>


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<p>While trade tensions between the US and China are bringing more investments to Southeast Asia, including Malaysia, worries over slower global growth and higher costs loom, according to Malaysia’s trade and investment chief.</p>


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<p>KUALA LUMPUR (Nov 15): Shares of Berjaya Food Bhd (KL:BJFOOD) extended decline to their lowest in six weeks on Thursday, after the café-and-restaurant operator reported its fourth consecutive quarter of losses.</p>


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<p>KUALA LUMPUR (Nov 15): Malaysia’s central bank on Friday liberalised foreign exchange rules to make it easier for international financial institutions to issue ringgit-denominated bonds and sukuk in the country.</p>


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<p>The US dollar was poised for big weekly gains on Friday, towering near one-year highs as a hawkish turn from the Federal Reserve chief sent short-term Treasury yields higher, leaving Wall Street and European futures in the red.</p>


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<p>Earlier this week on Monday (Nov 11), the High Court formally dismissed the civil forfeiture of shares in Bright Packaging Industry Bhd owned by businessman Datuk Ricky Wong Shee Kai, his lawyers said.</p>


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<p>Stocks fell after Jerome Powell signalled there’s no need for the Federal Reserve to rush with rate cuts as the economy is holding up.</p>


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<p>KUALA LUMPUR (Nov 15): A local egg importer company’s libel suit against former minister Datuk Seri Azmin Ali has been dismissed.&nbsp;</p>


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<p>Chinese President Xi Jinping launched a week-long diplomatic blitz of South America on Thursday by inaugurating a massive deep-water port in Peru, a US$1.3 billion (RM5.8 billion) investment by Beijing as it seeks to expand trade and influence on the continent.</p>
