Short seller Block says he’s even ‘more bearish’ on Blackstone Trust
Short seller Carson Block said his firm has grown “more bearish” on Blackstone Mortgage Trust, citing troubles with multifamily properties.
Corporate News
Binasat wins RM58.3mil contract from TNB
KUALA LUMPUR: Binasat Communications Bhd has secured a contract worth RM58.26mil from Tenaga Nasional Bhd (TNB) for the proposed double-circuit…
Singtel to launch cloud computing offering
Singtel is launching GPU-as-a-Service (GPUaaS) in Singapore and South-East Asia in the third quarter of 2024.
SunCon bags RM747.8mil data centre contract
KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) has been awarded a RM747.8mil contract from a US-based multinational technology corporation for…
SingPost sets three-year deadline for transformation
Through a multi-pronged strategy, SingPost will attempt to transform itself fully into a logistics company within three years, group chief…
PTT Synergy wins RM299mil construction contract
KUALA LUMPUR: PTT Synergy Group Bhd’s wholly-owned subsidiary, Pembinaan Tetap Teguh Sdn Bhd (PTTSB) has secured a RM299mil construction contract…
Equinor spends US$6bil a year to keep Norway oil and gas steady
Equinor is investing around US$6bil a year in oil and gas exploration and drilling in Norway to maintain steady output…
Astro maintains cautious outlook, focuses on cost discipline
KUALA LUMPUR: Astro Malaysia Holdings Bhd maintains a cautious outlook, carefully monitoring business conditions and ensuring effective cost discipline.
For US$300mil, Razon settles row with former Solaire manager
After a decade-long legal battle, Bloomberry Resorts Corp has ended its dispute with casino-management firm Global Gaming Philippines LLC (GGAM),…