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Category: Corporate News

Corporate News

Prolintas to raise RM445mil from trust listing

March 7, 2024

Prolintas Infra Business Trust (Prolintas Infra BT), the country’s first listing of a business trust, hopes to attract investor interest…

Corporate News

Toyota ups its bet on hybrids in Brazil with US$2.2bil plan

March 7, 2024

Toyota Motor Corp is increasing its bet on flex fuel-hybrid vehicles with an investment of 11 billion reais in its…

Corporate News

MUIB to dispose of 65.9% stake in PMHB for RM36.7mil

March 7, 2024

KUALA LUMPUR: Malayan United Industries Bhd (MUIB) has proposed to dispose of 65.9% stake in Pan Malaysia Holdings Bhd (PMHB)…

Corporate News

Dialog’s downstream business to enhance earnings

March 7, 2024

Dialog Group Bhd can expect sequential margin expansion in the coming quarters for its downstream business, which will contribute positively…

Corporate News

Australian fund buys airport site for logistics hub

March 7, 2024

Australian pension fund UniSuper says it has bought an undeveloped site next to Sydney’s planned new international airport to develop…

Corporate News

KESM Industries prepares for rising chip demand amid market shift

March 7, 2024

KUALA LUMPUR: KESM Industries Bhd is well-equipped to meet its customers' evolving needs for more advanced chips, with the majority…

Corporate News

Perdana Petroleum secures RM68mil PCSB contracts

March 7, 2024

Perdana Petroleum Bhd (PPB) through its wholly-owned subsidiary, Perdana Nautika Sdn Bhd (PNSB), has secured five job wins from PETRONAS…

Corporate News

Target joins crowds of retailers seeking expansion

March 7, 2024

Opening new stores is back in style – at some US retail chains. Executives at several major retailers in recent…

Corporate News

Unitrade declares 0.44 sen per share dividend for FY24

March 7, 2024

KUALA LUMPUR: Unitrade Industries Bhd has declared a first interim single-tier dividend of 0.44 sen per ordinary share in respect…

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Crypto World

1
Cryptocurrency

Bitcoin holds $70K, bringing spot ETF buyers close to breakeven: Is the bull market back?

March 17, 2026

Bitcoin (BTC) is closing in on its average entry price for US spot BTC exchange-traded fund (ETF) investors at $79,900. The narrowing gap between Bitcoin’s market price and the ETF holders’ cost basis coincides with…

2
Cryptocurrency

Moody’s brings credit ratings onchain with Canton Network integration

March 17, 2026

Moody’s Ratings has debuted a system to deliver its credit analysis onchain, bringing its ratings data into blockchain-based financial infrastructure.The system, called Token Integration Engine (TIE), connects Moody’s traditional ratings data to blockchain networks, allowing…

3
Cryptocurrency

US lawmakers introduce bill to crack down on prediction markets war bets

March 17, 2026

Two Democratic lawmakers in the US Congress have introduced legislation in response to “government corruption” over bets on prediction markets platforms.In a Tuesday announcement, Texas Representative Greg Casar and Connecticut Senator Chris Murphy said they…

4
Cryptocurrency

Crypto funds add $1B as three-week inflow streak continues

March 16, 2026

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a relative safe-haven asset.Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week,…

Economy

Economy

Arizona charges Kalshi with criminal misdemeanors, alleging it’s an illegal gambling operation

March 17, 2026
Economy

Tesla to buy $4.3 billion of LG Energy battery cells from disbanded GM plant

March 17, 2026
Economy

Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz

March 17, 2026
Economy

Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

March 16, 2026
Economy

‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls

March 16, 2026
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