<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 27): RHB Retail Research said KGW Group Bhd (KL:KGW) had staged a bullish breakout, eyeing to extend the upside movement as the counter climbed above the 20 sen resistance on the back of high volume.</p></div>

<div class=newsTextDataWrapInner><p>In a trading stocks on Monday, the research house said that the latest breakout had confirmed a bullish setup.</p></div>

<div class=newsTextDataWrapInner><p>“The renewed momentum should propel the counter towards the next resistance pegged at 22 sen, followed by 24 sen.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“On the flipside, falling below the 18 sen support will negate the bullish setup,” it said.</p></div>


RHB Retail Research said KGW Group Bhd (KL:KGW) had staged a bullish breakout, eyeing to extend the upside movement as the counter climbed above the 20 sen resistance on the back of high volume.

KGW staged a bullish breakout, says RHB Retail Research

It’s a reality that most Malaysians are facing financial challenges due to several factors

Fusion Finance by IBPO to Help Malaysians with Financial Challenges

Warren Buffett's Berkshire Hathaway has again trimmed its stake in BYD, the Chinese company that last year surpassed Tesla as the world's largest electric vehicle maker.

Buffett's Berkshire Hathaway trims stake in China's BYD

China launched an anti-dumping probe into pork imports from the European Union (EU), in a narrowly targeted measure that’s the latest move in simmering trade tensions between Beijing and Brussels.

China starts anti-dumping probe into EU pork imports

UBS Group AG said it would give investors of Credit Suisse funds linked to the collapse of Greensill Capital a significant proportion of their money back, as the Swiss bank looks to clear through the legacy issues of its former rival.

UBS offers to pay investors 90% for funds hit by Greensill

Online comics platform Webtoon Entertainment said on Monday it is targeting a valuation of up to US$2.67 billion (RM12.60 billion) in its initial public offering (IPO) in the US.

Naver's Webtoon Entertainment aims up to US$2.67b valuation in US IPO

Australia and China will take steps to improve military communication to avoid incidents, Prime Minister Anthony Albanese said after meeting Premier Li Qiang on Monday, in the first visit to the country by a Chinese premier in seven years.

Australia's Albanese, China's Li hold talks on trade, rights

Hong Kong’s tycoons are seeing their skyscrapers lose rental values by as much as a third, amid the worst commercial property market slump in more than a decade.

Li Ka-shing’s Hong Kong tower sees rental value drop 33% since 2019

The country’s two largest political coalitions are being strategic by fielding local candidates in the upcoming Sungai Bakap state by-election, which will officially commence on Saturday (June 22).

No clear favourites in Sungai Bakap by-election, say analysts

Businessman Tan Sri Halim Saad has filed an appeal against the High Court's decision last month to strike out his lawsuit against the government, former prime minister Tun Dr Mahathir Mohamad and former minister Tan Sri Nor Mohamed Yakcop over the government's acquisition of a 32.69% stake in Renong Bhd from United Engineers Malaysia Bhd (UEM) in early 2000.

Halim Saad files appeal over High Court decision in UEM-Renong suit

Adidas AG is investigating allegations of corruption in China after receiving an anonymous letter exposing potential compliance violations by some employees.

Adidas opens fraud probe in China after whistle-blower letter

<p>CHANGES are afoot at a high level at Petroliam Nasional Bhd (Petronas), and most likely will materialise by early next month, sources familiar with the national oil company tell The Edge.</p>

<p>It is understood that Datuk Adif Zulkifli, executive vice-president and CEO of the company’s upstre...

Changes slated to take place at Petronas 

<p>Warren Buffett's Berkshire Hathaway has again trimmed its stake in BYD, the Chinese company that last year surpassed Tesla as the world's largest electric vehicle maker.</p>


<p>The country’s two largest political coalitions are being strategic by fielding local candidates in the upcoming Sungai Bakap state&nbsp;by-election, which will officially commence on Saturday (June 22).</p>


<p>Businessman Tan Sri Halim Saad has filed an appeal against the High Court's decision last month to strike out his lawsuit against the government, former prime minister Tun Dr Mahathir Mohamad and former minister Tan Sri Nor Mohamed Yakcop over the government's acquisition of a 32.69% stake in Renong Bhd from United Engineers Malaysia Bhd (UEM) in early 2000.</p>


<p>PUTRAJAYA needs to take the “realistic approach” in tackling issues that are cropping up as a result of population ageing, Prime Minister Datuk Seri Anwar Ibrahim said in his opening speech at the International Social Wellbeing Conference 2024 (ISWC2024) in Kuala Lumpur on June 4, noting that Mal...

The State Of The Nation: Race against time to find funds for universal pension, retirement reforms 

<p>Hong Kong’s tycoons are seeing their skyscrapers lose rental values by as much as a third, amid the worst commercial property market slump in more than a decade.</p>


<p>KUWAIT Finance House (M) Bhd (KFH Malaysia) CEO Mohd Hazran Abd Hadi is leaving the bank after almost five years at the helm, raising questions about what’s next for one of the country’s smallest Islamic banks.</p>

<p>Hazran is departing to pursue “personal endeavours”, according to an email K...

Kuwait Finance House Malaysia CEO steps down 

<p>Adidas AG is investigating allegations of corruption in China after receiving an anonymous letter exposing potential compliance violations by some employees.</p>


<p>SOCIAL activist Kuan Chee Heng, better known as “Uncle Kentang (Malay for potato)” among the people he serves, probably had most people taking mental notes of two things he said at the International Social Well­being Conference 2024 (ISWC 2024) in Kuala Lumpur last week.</p>

<p>First being how...

The State Of The Nation: Heart-wrenching old-age reality bites from lack of planning, social safety nets

<p>The online ambassador initiative, introduced by the Ministry of Housing and Local Government (KPKT),&nbsp;does not involve additional costs, said Minister&nbsp;Nga Kor Ming.</p>


No additional cost incurred for online ambassador initiative, says housing minister

<p>TWO key US indices, the S&amp;P 500 and Nasdaq, hit record closing highs again last week, as investors believe that the recent market data could support a start to the US Federal Reserve’s (Fed) policy easing cycle.</p>

<p>For Stephen Tong, senior &nbsp;institutional &nbsp;portfolio manager at...

This US market bull run still has legs, says Franklin Templeton

<p>China launched an anti-dumping probe into pork imports from the European Union (EU), in a narrowly targeted measure that’s the latest move in simmering trade tensions between Beijing and Brussels.</p>


<p>Boutique developer Ancubic Group has announced a 90% take-up for the first phase of its first industrial development called A-Park Batu Kawan since its official launch on March&nbsp;11. The launch was officiated by Penang Chief Minister Chow Kon Yeow.</p>

<p>Spanning 20.5 acres and located eas...

A-Park Batu Kawan Phase 1 achieves 90% take-up

<p>UBS Group AG said it would give investors of Credit Suisse funds linked to the collapse of Greensill Capital a significant proportion of their money back, as the Swiss bank looks to clear through the legacy issues of its former rival.&nbsp;</p>


<p>Online comics platform Webtoon Entertainment said on Monday it is targeting a valuation of up to US$2.67 billion (RM12.60 billion) in its initial public offering (IPO) in the US.</p>


<p>France’s political upheaval has led the country to lose its spot as Europe’s biggest equity market, less than two years after stealing that title from the UK.</p>


Paris loses crown as Europe’s biggest stock market to London

<p>It’s a reality that most Malaysians are facing financial challenges due to several factors</p>
