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Category: Corporate News

Corporate News

Short seller Block says he’s even ‘more bearish’ on Blackstone Trust

March 21, 2024

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

March 21, 2024

KUALA LUMPUR: Binasat Communications Bhd has secured a contract worth RM58.26mil from Tenaga Nasional Bhd (TNB) for the proposed double-circuit…

Corporate News

Singtel to launch cloud computing offering

March 21, 2024

Singtel is launching GPU-as-a-Service (GPUaaS) in Singapore and South-East Asia in the third quarter of 2024.

Corporate News

SunCon bags RM747.8mil data centre contract

March 21, 2024

KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) has been awarded a RM747.8mil contract from a US-based multinational technology corporation for…

Corporate News

SingPost sets three-year deadline for transformation

March 21, 2024

Through a multi-pronged strategy, SingPost will attempt to transform itself fully into a logistics company within three years, group chief…

Corporate News

PTT Synergy wins RM299mil construction contract

March 21, 2024

KUALA LUMPUR: PTT Synergy Group Bhd’s wholly-owned subsidiary, Pembinaan Tetap Teguh Sdn Bhd (PTTSB) has secured a RM299mil construction contract…

Corporate News

Equinor spends US$6bil a year to keep Norway oil and gas steady

March 21, 2024

Equinor is investing around US$6bil a year in oil and gas exploration and drilling in Norway to maintain steady output…

Corporate News

Astro maintains cautious outlook, focuses on cost discipline

March 21, 2024

KUALA LUMPUR: Astro Malaysia Holdings Bhd maintains a cautious outlook, carefully monitoring business conditions and ensuring effective cost discipline.

Corporate News

For US$300mil, Razon settles row with former Solaire manager

March 21, 2024

After a decade-long legal battle, Bloomberry Resorts Corp has ended its dispute with casino-management firm Global Gaming Philippines LLC (GGAM),…

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Crypto World

1
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

2
Cryptocurrency

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

May 2, 2026

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining…

3
Cryptocurrency

A16z sides with CFTC against states seeking to ban prediction markets

May 2, 2026

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital…

4
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

Economy

Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
Economy

Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era

May 2, 2026
Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
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