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Category: Corporate News

Corporate News

Luxury cruise operator Viking Holdings IPO raises US$1.54bil

May 2, 2024

Viking Holdings Ltd priced its initial public offering (IPO) near the top of a marketed range to raise US$1.54bil for…

Corporate News

Pasukhas gets data centre construction job worth RM56.98mil

May 2, 2024

PETALING JAYA: Pasukhas Group Bhd has received a letter of acceptance (LOA) from a leading multinational technology corporation headquartered in…

Corporate News

AMD slides on muted forecast for AI processors

May 2, 2024

Advanced Micro Devices Inc (AMD) shares declined as much as 9.1% in extended trading after the chipmaker gave a disappointing…

Corporate News

Yinson Production completes US$1.3bil project financing for Agogo FPSO

May 2, 2024

KUALA LUMPUR: Yinson Holdings Bhd’s unit, Yinson Production has finalised a limited recourse term loan facility, securing up to US$1.3bil.

Corporate News

South Korean developer Taeyoung gets creditor support

May 2, 2024

Distressed South Korean builder Taeyoung Engineering & Construction Co won support from creditors to begin restructuring its debt, after it…

Corporate News

Pandora raises full-year forecast on strong U.S. sales

May 2, 2024

COPENHAGEN: Pandora, the world's largest jewellery maker, raised its full-year guidance on Thursday after sales and profit for its first…

Corporate News

Versa introduces enticing rewards for users

May 2, 2024

Versa, a homegrown digital wealth management app, hopes to help Malaysians build financial resilience by adding more value to users’…

Corporate News

Shell beats expectations with $7.7 bln first-quarter profit

May 2, 2024

LONDON: Shell on Thursday reported first-quarter adjusted earnings of $7.7 billion, sharply beating expectations, on the back of strong oil…

Corporate News

Canadian bank takes US$450mil hit in money-laundering probe

May 2, 2024

Toronto-Dominion Bank has taken an initial provision of US$450mil in connection with US investigations into its anti-money laundering practices, and…

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Crypto World

1
Cryptocurrency

Investors funnel $32B into US crypto ETFs despite year-end pullback

January 1, 2026

US investors poured over $31.77 billion into US crypto exchange-traded funds in 2025 despite the crypto markets stumbling towards the final months of the year. US spot Bitcoin (BTC) ETFs took the lion’s share of investor…

2
Cryptocurrency

Final nail in the 4-year cycle? BTC ends year after halving in the red

January 1, 2026

Bitcon has ended 2025 lower than it began, marking the first time it’s fallen in a post-halving year. Bitcoin (BTC) halvings occur every four years, when mining rewards are cut in half and fewer new…

3
Cryptocurrency

Trader bags $1M from ‘abnormal’ BROCCOLI714 memecoin activity on Binance

January 1, 2026

A trader claimed to have profited about $1 million on New Year’s Day by capitalizing on “abnormal” trading behavior of a suspected market maker account on Binance.Investor Vida said on X that the abnormal trading…

4
Cryptocurrency

Tether snaps up another 8,888 BTC, now fifth-largest Bitcoin wallet

January 1, 2026

Tether picked up 8,888 Bitcoin (BTC) on New Year’s Eve, increasing its disclosed Bitcoin stash to more than 96,000 to close out 2025, its CEO Paolo Ardoino said.The USDt (USDT) stablecoin issuer has become one…

Economy

Economy

Novo Nordisk enters 2026 on the defense as it faces a ‘must-win’ battle in the U.S. market

January 1, 2026
Economy

Gold, silver prices fall after CME raises precious metals margins — again

January 1, 2026
Economy

‘Big Short’ investor Michael Burry says he’s not shorting Tesla

January 1, 2026
Economy

Trump’s first vetoes of his second term hit bipartisan infrastructure projects, draw accusations of retribution

January 1, 2026
Economy

Dust to data centers: The year AI tech giants, and billions in debt, began remaking the American landscape

January 1, 2026
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