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Category: Corporate News

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

ILB Group to purchase solar assets totalling RM98mil

July 17, 2024

PETALING JAYA: IL Energy Sdn Bhd (ILE), a wholly-owned subsidiary of ILB Group Bhd, has agreed to purchase all of…

Corporate News

PGF Capital partners with Centria for exclusive distribution in Malaysia

July 17, 2024

KUALA LUMPUR: PGF Capital Bhd’s wholly-owned subsidiary, PGF Global Distribution Sdn Bhd, has entered into a five-year distributorship agreement with…

Corporate News

Pavilion REIT posts RM67mil net profit in 2Q, declares 4.53 sen dividend

July 17, 2024

PETALING JAYA: Pavilion Real Estate Investment Trust (Pavilion REIT) will focus on continuously refining its tenant mix and elevating marketing…

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…

Corporate News

Lender dangles megabank salaries for hires

July 12, 2024

Yamaguchi Financial Group Inc, a regional lender headquartered on the western tip of Japan’s biggest island, is considering paying new…

Corporate News

Number of millionaires in city-state up in 2023

July 12, 2024

The number of millionaires in Singapore rose to 333,204 in 2023. This was about 0.4% more than the figure of…

Corporate News

MRL confirms ECRL partnership plans with CCCC remain unchanged

July 12, 2024

KUALA LUMPUR: Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Co Ltd (CCCC) will jointly share the costs…

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Crypto World

1
Cryptocurrency

Australia plans capital gains tax changes affecting crypto investors: Report

May 11, 2026

The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains.The Albanese government’s fiscal year…

2
Cryptocurrency

Veteran investor bets on Ethereum as AI agents drive tokenization demand

May 11, 2026

Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments.“I don't think enough people are…

3
Cryptocurrency

7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy

May 11, 2026

Crypto investment firm Galaxy Digital said seven Democratic lawmakers on the US Senate Banking Committee could be key to advancing the Digital Asset Market Clarity Act when it goes to markup on Thursday, sending it…

4
Cryptocurrency

The Nobitex dilemma: How Iran’s biggest crypto exchange stays off the OFAC blacklist

May 9, 2026

Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA.But in that digital darkness, one…

Economy

Economy

Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases

May 11, 2026
Economy

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

May 11, 2026
Economy

From Singapore to Brussels, world leaders eye Trump-Xi summit from afar

May 11, 2026
Economy

Major crypto bill slated for May 14 Senate Banking Committee vote

May 9, 2026
Economy

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

May 9, 2026
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