<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 5): RHB Retail Research said Malaysia Building Society Bhd (MBSB) is poised for a technical breakout after bouncing off the ascending 21-day simple moving average line on strong volume on Monday.</p></div>

<div class=newsTextDataWrapInner><p>In a trading stocks note on Tuesday, the research house said that if a breakout above the 78 sen immediate resistance happens, the counter should trend upwards and head for the 82 sen resistance, followed by the 90 sen mark.</p></div>

<div class=newsTextDataWrapInner><p>“Meanwhile, falling below the 75 sen immediate support will nullify the bullish setup,” it said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>


RHB Retail Research said Malaysia Building Society Bhd (MBSB) is poised for a technical breakout after bouncing off the ascending 21-day simple moving average line on strong volume on Monday.

MBSB poised for technical breakout, says RHB Retail Research 

Sime Darby Property’s strong emphasis on urban biodiversity highlights its dedication to implementing nature-based solutions to enhance flora and fauna. These efforts are crucial for community resilience, safeguarding future communities and ecosystems, and enriching the quality of life for all. As a proponent of urban biodiversity, the Group is committed to preserving, regenerating, and strengthening healthy ecosystems across its townships and developments.

Championing Urban Biodiversity for People and the Planet

Opec+ agreed on Sunday to prolong its deep oil output cuts in 2024 and was discussing extending them into 2025, Opec+ sources said as the group seeks to shore up the market amid tepid global demand growth, high interest rates and rising rival US production.

Opec+ extends oil cuts to third quarter, discusses 2025 — Reuters

Whichever political party wins the UK general election on July 4, a massive debt hangover is in store, severely limiting what the poll-leading Labour Party or governing Conservatives can do in office.

UK debt hangover ties next government’s hands, whoever wins

Companies sold a record volume of leveraged loans last month, taking advantage of the cash chasing credit. A glance at recovery rates for defaults, however, highlights a growing risk in this debt.

Loan frenzy masks rising losses on defaults

Saudi Aramco’s US$12 billion (RM56.5 billion) share sale sold out shortly after the deal opened on Sunday, in a boon to the government that’s seeking funds to help pay for a massive economic transformation plan.

Saudi Aramco’s US$12b stock offer sells out in hours

Telecommunications companies (telcos) involved in the implementation of the dual network 5G model are ready to sign an agreement to take up equity in Digital Nasional Berhad (DNB), said Communications Minister Fahmi Fadzil.

Fahmi: Telcos ready to ink share subscription agreement with DNB for 5G dual network model

An aide to Prime Minister Benjamin Netanyahu confirmed on Sunday that Israel had accepted a framework deal for winding down the Gaza war now being advanced by US President Joe Biden, though he described it as flawed and in need of much more work.

Netanyahu aide: Biden's Gaza plan 'not a good deal' but Israel accepts it

NIBONG TEBAL (June 2): Penang PKR has suggested the names of five party members for the consideration of president Datuk Seri Anwar Ibrahim as its candidate for the Sungai Bakap by-election.

Penang PKR state leadership council deputy chairman Datuk Mohamad Abdul Hamid said the names of ...

Penang PKR proposes five potential candidates for Sungai Bakap poll 

Rolex SA raised prices for some of its precious metal watches in the UK by 4% after the price of gold surged to record highs.

Rolex hikes watch prices in UK as gold costs soar to new highs

Former president Donald Trump has joined TikTok, embracing a Chinese-owned platform he once tried to ban in the US, Politico reported.

Trump joins TikTok, a Chinese app he tried to ban — report

<p>Something strange is going on in Europe’s power markets: Prices keep dropping below zero.</p>


Bursts of free power raise red flags for green tech investors

<p>Rolex SA raised prices for some of its precious metal watches in the UK by 4% after the price of gold surged to record highs.</p>


<p>Saudi Aramco’s US$12 billion (RM56.5 billion) share sale sold out shortly after the deal opened on Sunday, in a boon to the government that’s seeking funds to help pay for a massive economic transformation plan.</p>


<p>Investigation into the alleged presence of a container bearing the logo of the Israel-based shipping company ZIM at a port in Iskandar Puteri, Johor, needs to be expedited, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.</p>


Zahid orders swift probe into claims of Israeli container in Johor 

<p>An aide to Prime Minister Benjamin Netanyahu confirmed on Sunday that Israel had accepted a framework deal for winding down the Gaza war now being advanced by US President Joe Biden, though he described it as flawed and in need of much more work.</p>


<p>Former president Donald Trump has joined TikTok, embracing a Chinese-owned platform he once tried to ban in the US, <i>Politico</i> reported.</p>


<p>Companies sold a record volume of leveraged loans last month, taking advantage of the cash chasing credit. A glance at recovery rates for defaults, however, highlights a growing risk in this debt.</p>


<p>Telecommunications companies (telcos) involved in the implementation of the dual network 5G model are ready to sign an agreement to take up equity in Digital Nasional Berhad (DNB), said Communications Minister Fahmi Fadzil.</p>


<p>Whichever political party wins the UK general election on July 4, a massive debt hangover is in store, severely limiting what the poll-leading Labour Party or governing Conservatives can do in office.</p>


<p>NIBONG TEBAL (June 2): Penang PKR has suggested the names of five party members for the consideration of president Datuk Seri Anwar Ibrahim as its candidate for the Sungai Bakap by-election.</p>

<p>Penang PKR state leadership council deputy chairman Datuk Mohamad Abdul Hamid said the names of ...

<p>Opec+ agreed on Sunday to prolong its deep oil output cuts in 2024 and was discussing extending them into 2025, Opec+ sources said as the group seeks to shore up the market amid tepid global demand growth, high interest rates and rising rival US production.</p>


<p>Iran's hardline former President Mahmoud Ahmadinejad has registered to run for president in the country's June 28 election, organised after the death of Ebrahim Raisi in a helicopter crash last month, Iran's state television reported on Sunday.</p>
