Latest news with #954
BusinessToday
10-06-2025
- Business
- BusinessToday
FCPO Stalls Below RM4,000
FCPO edged up just RM8 to close Monday at RM3,925, after trading in a narrow range between RM3,913 and RM3,954. The session ended with a mildly bearish candle pattern, suggesting persistent uncertainty amid weak market sentiment. RHB Investment Bank Bhd has reiterated a negative trading bias on crude palm oil futures (FCPO), advising traders to maintain short positions as prices continue to hover below key resistance levels. The house noted that the broader trend remains downbeat, with prices still below both the 50-day and 200-day simple moving averages. Momentum indicators remain soft, as the Relative Strength Index (RSI) continues to trend below the 50% mark, reflecting weak upward strength. Unless FCPO decisively breaks above RM4,000, the bearish outlook is expected to hold. The investment bank recommended that traders who initiated short positions at RM4,328 on April 4 should continue holding, while setting a stop-loss threshold at RM4,000 to manage risks. Support is pegged at RM3,700 and RM3,500, with resistance levels seen at RM4,000 and RM4,100 if prices rebound. Related
Barnama
28-05-2025
- Sport
- Barnama
Sea Of Red Devils, United Chants Rock National Stadium
By Ahmad Nazrin Syahmi Mohamad Arif KUALA LUMPUR, May 28 (Bernama) -- Tens of thousands of hardcore Manchester United fans have transformed National Stadium in Bukit Jalil a sea of red as they descended onto the stadium and its grounds ahead of their beloved club's Maybank Challenge Cup match against the ASEAN All-Stars tonight. The excitement of fans, local and throughout Southeast Asia, is quite understandable as the last time the 13-time Premier League champions came to Malaysia was in 2009, and many fans began arriving at the stadium as early as 1 pm, all decked in various versions of the Red Devils jersey and waving club flags joyously. bootstrap slideshow United fan Kyawswar, who hails from Myanmar, said this was his first opportunity to see his favourite team live and that he did not regret spending nearly USD 700 (RM2,954) to attend the match. "Manchester United has been my favourite team since childhood, ever since David Beckham captured our hearts as fans. This year's Asia tour brings them to a location close enough for me to attend. Last year, they visited Bangkok, but unfortunately, I missed it. 'Although this season has been quite disappointing, my loyalty to the team remains strong," he told reporters, adding that he was still adamant in showing up to see his team tonight despite their poor recent showing. "Once a Red Devil, always a Red Devil. The team needs to improve. The individual players are talented, they just need to score more goals. Although the team isn't performing poorly, their lack of scoring leads to losses. We believe in their spirit, and we are confident that the team will overcome these challenges," he said. Fellow United fan Tanagra Fisa from Jakarta, Indonesia, could barely contain her excitement about tonight's match as it saved her a considerable sum to come to Malaysia instead of going to England to see them play. "I'm quite happy and excited to watch this match. This is the team I support, and it's a great opportunity to see my favourite player, Garnacho (Alejandro Garnacho), up close. Going to England would be way more expensive, so I'm very happy they came here," she said.
Gulf Today
22-05-2025
- Business
- Gulf Today
Bayt Al Khair spent Dhs10,504,184 on humanitarian initiatives last month
Bayt Al Khair revealed that its total expenditure for April 2025 amounted to Dhs10,504,184, bringing the cumulative spending for the first four months of 2025 to Dhs85,954,842. Humanitarian support programmes topped the list, with expenditures totaling Dhs39,698,079 during the same period. These programmes aim to alleviate the hardships faced by individuals struggling with their livelihoods, addressing deficiencies beyond their financial capabilities. This expenditure is in addition to the monthly cash assistance projects targeting low-income Emirati families, which amounted to Dhs5,569,620 during the same period. The emergency assistance project falls under the "Fazaa" community solidarity programme, dedicated to relieving the burdens of modest families and those facing sudden crises or disabilities, enabling them to overcome their challenges and resume their normal lives. Through this initiative, "Bayt Al Khair" also provides humanitarian support to patients, both citizens and residents, via the "Treatment" project, which spent Dhs13,192,508 by the end of April. Additionally, the programme assists individuals burdened by debts they cannot repay through "Al Gharimin" project, which has expended Dhs3,118,087 so far.
