<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 26): RHB Retail Research said MESB Bhd (KL:MESB) is posing a bullish setup after climbing above a key resistance.</p></div>

<div class=newsTextDataWrapInner><p>In a trading stocks note on Wednesday, the research house said the counter had closed above the 58 sen resistance, confirming the bullish setup, while the 21-day simple moving average line was trending upwards.</p></div>

<div class=newsTextDataWrapInner><p>“Meanwhile, trading volume has been increasing, in tandem with the share price, indicating that a strong bullish momentum is under way.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The stock is eyeing to test the next resistance at 64 sen, followed by the 70 sen level.</p></div>

<div class=newsTextDataWrapInner><p>“On the other hand, falling below the 53 sen support would negate&nbsp;the bullish setup,” RHB said.</p></div>


RHB Retail Research said MESB Bhd (KL:MESB) is posing a bullish setup after climbing above a key resistance.

In a trading stocks note on Wednesday, the research house said the counter had closed above the 58 sen resistance, confirming the bullish setup, while the 21-day simple moving average line was trending upwards.

MESB posing bullish setup, says RHB Retail Research

The Inland Revenue Board's (IRB) portal MyInvois can now be accessed to issue and send e-Invoices.

A statement issued by the board on Saturday stated that the availability of the MyInvois portal proves the agency's commitment to ensuring the implementation of e-Invois runs smoothly, especially among Phase 1 taxpayers who are required to use it from Aug 1.

MyInvois portal is now accessible, says IRB

Australian Prime Minister Anthony Albanese called social media companies arrogant and irresponsible, as the government’s battle to have Meta Platforms Inc continue to pay local media organisations for content escalated.

Australia PM says arrogant Meta should pay outlets for news

A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the US$30 billion (RM141.54 billion) accord she rejected this week.

Visa, Mastercard can likely handle settlement much bigger than US$30b, judge says

Microsoft's partnership with OpenAI could face an EU antitrust investigation as regulators singled out their exclusivity clauses while Google's artificial intelligence (AI) deal with Samsung also triggered scrutiny.

AI deals between Microsoft and OpenAI, Google and Samsung, in EU crosshairs

US Federal Reserve (Fed) officials got encouraging data on Friday suggesting inflation is cooling, news that helped ease doubts over how well monetary policy is doing its job after stronger-than-expected price increases earlier in the year.

Fed gets heartening inflation data, but slow road ahead

This week, France and the UK will be having their general elections, which could shake the financial markets of Europe’s two largest economies.

The Week Ahead: Elections in France and the UK; Malaysia’s international reserves in focus

A drone buzzes between trees on a humid Malaysian morning, monitoring the oil palm fruits as they ripen. Self-driving trucks rumble over the vast plantation’s uneven ground, laying fertiliser and picking up the densely packed harvested bunches.

Robots are stepping into one of Asia’s dirtiest farm jobs

A series of upcoming economic reports and Congressional testimony from Federal Reserve (Fed) Chairman Jerome Powell could jolt US government bonds out of a narrow trading range.

Jobs, inflation data may break the US Treasury market out of narrow range

Oil prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances the Federal Reserve (Fed) will start to cut interest rates this year.

Oil eases on weak US fuel demand, profit taking

US stocks ended weaker on Friday after an early rally fizzled as investors digested in-line inflation data and weighed political uncertainty after the US presidential debate.

Wall Street ends lower as investors digest inflation data, presidential debate

<p>While Malaysia’s growth momentum is expected to continue into the remaining quarters of this year, key global events will be keenly watched as they could affect the nation’s growth path.</p>


Four major factors that will shape Malaysia's economy in 2H2024

<p>A drone buzzes between trees on a humid Malaysian morning, monitoring the oil palm fruits as they ripen. Self-driving trucks rumble over the vast plantation’s uneven ground, laying fertiliser and picking up the densely packed harvested bunches.</p>


<p>This week, <b>France and the UK</b> will be having their <b>general elections</b>, which could shake the financial markets of Europe’s two largest economies.</p>


<p>A series of upcoming economic reports and Congressional testimony from Federal Reserve (Fed) Chairman Jerome Powell could jolt US government bonds out of a narrow trading range.</p>


<p>The Inland Revenue Board's (IRB) portal MyInvois can now be accessed to issue and send e-Invoices.</p>

<p>A statement issued by the board on Saturday stated that the availability of the MyInvois portal proves the agency's commitment to ensuring the implementation of e-Invois runs smoothly, especially among Phase 1 taxpayers who are required to use it from Aug 1.</p>


<p>US Federal Reserve (Fed) officials got encouraging data on Friday suggesting inflation is cooling, news that helped ease doubts over how well monetary policy is doing its job after stronger-than-expected price increases earlier in the year.</p>


<p>Microsoft's partnership with OpenAI could face an EU antitrust investigation as regulators singled out their exclusivity clauses while Google's artificial intelligence (AI) deal with Samsung also triggered scrutiny.</p>


<p>A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the US$30 billion (RM141.54 billion) accord she rejected this week.</p>


<p>Australian Prime Minister Anthony Albanese called social media companies arrogant and irresponsible, as the government’s battle to have Meta Platforms Inc continue to pay local media organisations for content escalated.</p>
