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Category: Corporate News

Corporate News

CIMB Islamic, PETRONAS ink inaugural derivatives deal

March 6, 2024

CIMB Islamic Bank Bhd and Petroliam Nasional Bhd (PETRONAS) have signed an inaugural Tahawwut Master Agreement (TMA) for syariah-compliant commodity…

Corporate News

Jati Tinggi bags RM22.05mil underground cable contract

March 6, 2024

KUALA LUMPUR: Jati Tinggi Group Bhd said its wholly-owned subsidiary Jati Holding Sdn Bhd has secured a contract for works…

Corporate News

Berjaya’s unit sale to Naza nearing close

March 6, 2024

Berjaya Corp Bhd has received the final approval to complete the RM700mil sale of its 100% equity interest in Berjaya…

Corporate News

Globetronics inks inks tech provision deal with Kaynes Semicon

March 6, 2024

KUALA LUMPUR: Globetronics Technology Bhd has entered into a technology provision agreement with India-based Kaynes Semicon Private Limited (KSP) to…

Corporate News

JetBlue, Spirit Airlines call off US$3.8bil merger

March 6, 2024

JetBlue Airways and Spirit Airlines have scrapped their US$3.8bil merger agreement, with the low-cost carriers saying there was no path…

Corporate News

Econpile gets RM65.5mil road upgrade job in Cameron Highlands

March 6, 2024

KUALA LUMPUR: Econpile Holdings Bhd has received a letter of award from Ahmad Zaki Resources Bhd to undertake road upgrade…

Corporate News

Sea shares climb after spending to fight TikTok

March 6, 2024

Sea Ltd gained its most in more than a month after reporting an adjusted quarterly profit and a better-than-expected 2024…

Corporate News

Cypark assures sufficient funds and committed to the delivery of solar projects

March 6, 2024

PETALING JAYA: Cypark Resources Bhd (CRB) remains firmly committed to the delivery of its 270 megawatt solar projects in Kelantan…

Corporate News

Australia’s ANZ selling 9% stake in AmBank

March 6, 2024

Australia’s fourth-biggest bank ANZ Group is selling around 298 million shares or a 9% stake worth up to US$242mil in…

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Crypto World

1
Cryptocurrency

Kraken acquires Capitalise.ai as crypto companies buy AI startups

August 21, 2025

Crypto exchange Kraken has acquired Israel-based startup Capitalise.ai, a no-code trading automation platform that turns natural-language commands into executable strategies, for an undisclosed amount. The technology will be integrated into Kraken Pro later this year,…

2
Cryptocurrency

Kraken, Backed expand tokenized stocks to Tron ecosystem amid RWA push

August 21, 2025

On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly within stocks,…

3
Cryptocurrency

ETH futures data reflects traders’ fear, while onchain data points to a price recovery

August 21, 2025

Key takeaways:Ether’s futures premium and derivatives remain stable, reflecting resilience despite the recent price downturn.Onchain metrics highlight Ethereum’s dominance in fees and TVL, supporting stronger long-term recovery potential.Ether (ETH) appears to have found support near…

4
Cryptocurrency

Judge unfreezes over $57M in stablecoins linked to Libra token scandal

August 21, 2025

A US judge has unfrozen $57.6 million in USDC (USDC) stablecoins tied to the Libra token scandal in February, giving memecoin promoter Hayden Davis and former CEO of the Meteora decentralized exchange Ben Chow access…

Economy

Economy

Google announces its AI-powered Pixel 10 smartphone series

August 20, 2025
Economy

Palantir stock falls for sixth-straight day in longest losing streak since April 2024

August 20, 2025
Economy

Trump says U.S. will not approve solar or wind power projects

August 20, 2025
Economy

As Target chases a comeback, its new CEO must take on skeptical investors and customers

August 20, 2025
Economy

Divided Fed worried about tariffs, inflation and the labor market, minutes show

August 20, 2025
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