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Category: Corporate News

Corporate News

Regulatory sandbox to be developed for fintech solutions

March 20, 2024

The State Bank of Vietnam has submitted to the government a draft decree on a regulatory sandbox for financial technology…

Corporate News

YTL AI Cloud to deploy advanced supercomputer

March 20, 2024

YTL Power International has announced the formation of YTL AI Cloud, a specialised provider of massive-scale graphic processing unit (GPU)-based…

Corporate News

Commodities startup Abaxx raises cash

March 20, 2024

Abaxx Technologies Inc, a financial technology startup founded by a former Goldman Sachs Group Inc commodity strategist, is raising fresh…

Corporate News

Asdion to buy 51% stake in Indoexpress

March 19, 2024

KUALA LUMPUR: Asdion Bhd has proposed to acquire a 51% stake in PT Indoexpress Logistics (Indoexpress) for RM6mil.

Corporate News

Bonia to acquire 30% stake in ITSH for RM7.5mil

March 19, 2024

PETALING JAYA: Bonia Corp Bhd is proposing to subscribe to 6.19 million shares, or a 30% stake in IT SEA…

Corporate News

KJTS wins RM6.6mil contract from Takaful Malaysia

March 19, 2024

KUALA LUMPUR: KJTS Group Bhd’s wholly-owned subsidiary, KJ Technical Services Sdn Bhd (KJTSSB) has secured a contract totalling RM6.6mil from…

Corporate News

Poh Kong expects economic growth

March 19, 2024

PETALING JAYA: Poh Kong Holdings Bhd will closely monitor the current uncertainties on its operations and continue to uphold its…

Corporate News

EITA Resources gets RM48mil substation establishment job from TNB

March 19, 2024

PETALING JAYA: EITA Resources Bhd’s 60%-owned subsidiary, TransSystem Continental Sdn Bhd (TSC), has received a letter of acceptance from Tenaga…

Corporate News

Unilever to spin off ice cream unit, cut 7,500 jobs

March 19, 2024

UNILEVER plans to spin off its ice cream unit, home to popular brands such as Magnum and Ben & Jerry's,…

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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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