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Category: Corporate News

Corporate News

Berjaya Rail joins Malaysia Rail Industry Corp as new member

July 17, 2024

KUALA LUMPUR: Berjaya Rail Sdn Bhd (Berjaya Rail), which is eyeing the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project, has…

Corporate News

BIG Industries announces cessation of concrete division

July 17, 2024

PETALING JAYA: BIG Industries Bhd has announced the cessation of business of its concrete division to minimise the group’s losses.

Corporate News

Zhulian expects inflationary pressures to impact consumer spending

July 17, 2024

PETALING JAYA: Zhulian Corp Bhd expects its current financial year to remain challenging, amid inflationary pressures on consumers’ ability and…

Corporate News

Microsoft ditches OpenAI observer seat

July 12, 2024

Microsoft has given up its board observer seat at OpenAI in a move aimed at easing US and UK antitrust…

Corporate News

Shin Yang buys firms for RM145mil

July 12, 2024

Shin Yang Group Bhd has entered into two conditional share sale agreements for the acquisition of four companies for RM144.5mil.

Corporate News

Saudi Aramco sells US$6bil of bonds amid fierce demand

July 12, 2024

Saudi Aramco pulled in more than US$31bil of orders for its US$6bil bond sale, its first dollar-debt offering in three…

Corporate News

CBH Engineering to use listing funds to buy equipment

July 12, 2024

ACE Market-bound CBH Engineering Holding Bhd will be utilising its listing proceeds for the procurement of equipment and components for…

Corporate News

US retailers want to move back-to-school shopping to July

July 12, 2024

While American children may wish summer vacation would never end, retailers want back-to-school season to start earlier than ever –…

Corporate News

Alphabet shelves efforts to buy HubSpot

July 12, 2024

Google parent Alphabet Inc has shelved efforts to acquire HubSpot Inc, according to people with knowledge of the matter, putting…

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Crypto World

1
Cryptocurrency

Crypto funds notch $1.9B of inflows as Bitcoin rebounds

June 16, 2025

Cryptocurrency investment products continued their multi-week inflow streak as Bitcoin traded close to new highs and Ether briefly surged past $2,800 for the first time since February.Global crypto exchange-traded products (ETPs) recorded $1.9 billion of…

2
Cryptocurrency

$112K BTC was not ‘bull market peak’: 5 things to know in Bitcoin this week

June 16, 2025

Bitcoin (BTC) starts a new week in full recovery mode as bulls erase Israel-Iran losses. What’s next for BTC price action?A solid weekly close and a trip past $107,000 put BTC/USD in a strong position…

3
Cryptocurrency

Tether blocks $12.3M in USDT tied to suspicious Tron addresses

June 16, 2025

Tether, issuer of the world’s largest stablecoin, USDt, has frozen over $12.3 million of digital assets on the Tron Network, continuing its clampdown on illicit activity in the crypto space.Tether froze the USDt (USDT) at…

4
Cryptocurrency

Ex-TON Foundation exec launches crypto investment app on Telegram

June 16, 2025

A former TON Foundation executive is launching Affluent, a cryptocurrency investment app on Telegram featuring yields and lending.Affluent, a money market protocol built on Telegram-linked blockchain, The Open Network (TON), announced its full launch Monday.Co-founded…

Economy

Economy

Santos shares soar over 15% on ADNOC-led group’s $18.7 billion takeover bid

June 16, 2025
Economy

China’s May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption

June 16, 2025
Economy

Energy giants Baker Hughes, Woodside shy away from making oil forecasts as Iran-Israel conflict escalates

June 16, 2025
Economy

Taiwan blacklists China’s Huawei and SMIC, further aligning with U.S. trade policy

June 16, 2025
Economy

Suspect Vance Boelter apprehended in Minnesota lawmakers shooting case

June 16, 2025
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