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Category: Corporate News

Corporate News

Ranhill posts FY23 top line growth

March 1, 2024

Ranhill Utilities Bhd experienced significant revenue growth and strategic expansion initiatives across its engineering and energy segments in its financial…

Corporate News

Alibaba unveils big cloud price cuts on AI rivalry

March 1, 2024

Alibaba Group Holding Ltd is rolling out its second major cost cuts for cloud services in years, aiming to win…

Corporate News

Kerjaya Prospek records improved yearly showing

March 1, 2024

Kerjaya Prospek Group Bhd says it will focus on its construction business as its main revenue driver going forward.

Corporate News

S P Setia surpasses sales target by 21% in FY23

March 1, 2024

S P Setia Bhd’s earnings momentum is expected to be driven by its development plans overseas and diversified portfolio.

Corporate News

Affin Bank posts improved 4Q profit of RM39.35mil

March 1, 2024

Affin Bank Bhd says challenging conditions in 2023 caused the overall industry to face margin compression, which impacted net interest…

Corporate News

RBC tops profit estimates on higher interest, fees

March 1, 2024

Royal Bank of Canada (RBC) beat analysts’ estimates for quarterly profit, as its wealth-management and capital-market divisions benefited from higher…

Corporate News

Censuria partners China’s Cinda for M&A venture

March 1, 2024

Equity firm Censuria Capital Sdn Bhd (Censuria) has teamed up with Cinda Plunkett International Equity Management Ltd (Cinda) in a…

Corporate News

Volkswagen, Xpeng say first jointly made car will be an SUV

March 1, 2024

German automaker Volkswagen and Chinese electric vehicle (EV) partner XPeng say the first car they plan to develop together will…

Corporate News

EG Industries poised to bolster yields

March 1, 2024

EG Industries Bhd has put in place strategies to increase involvement in upstream activities and improve yields to capture growth.

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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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