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Category: Corporate News

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.

Corporate News

In delicate China play, Reckitt turns to livestreaming to sell condoms

March 1, 2024

Durex-owner Reckitt is hoping that Chinese consumers’ penchant for livestream shopping will also extend to purchases of condoms, but the…

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Crypto World

1
Cryptocurrency

DeFi stays outside the rules as regulators tighten elsewhere: Finance Redefined

January 30, 2026

The European Union’s new crypto tax reporting regime under DAC8 is intentionally focused on enforceable targets, leaving decentralized finance (DeFi) outside its scope for now.Colby Mangels, a former adviser to the Organisation for Economic Co-operation…

2
Cryptocurrency

Kraken-backed SPAC raises $345M in upsized Nasdaq IPO

January 30, 2026

Kraken-backed KRAKacquisition Corp has completed an upsized $345 million initial public offering, listing its special purpose acquisition company units on Nasdaq to pursue future mergers or acquisitions.According to a Friday announcement, the special purpose acquisition…

3
Cryptocurrency

Bitcoin futures imbalance may spark liquidation revenge rally to $90K

January 30, 2026

Bitcoin’s (BTC) price has dropped 14.5% in the past 16 days, pushing the Crypto Fear & Greed Index to 16 (Extreme Fear), which is its lowest rating year-to-date. Crypto Fear & Greed Index. Source: alternative.meWhile…

softsiwss online gambling 4
Cryptocurrency

SoftSwiss and the Dark Side of Online Gambling – How Montik, Trafimovich, and Kashuba Built a Network of Deceit

January 30, 2026

The online gambling industry, notorious for its dark corners, has found a new poster child for regulatory evasion and financial crime: SoftSwiss. Led by Ivan Montik, the company has expanded into international markets by providing…

Economy

Economy

Silver drops 30%, gold tumbles 10% as Trump Warsh pick eases Fed independence fear, triggers dollar rally

January 30, 2026
Economy

Partial government shutdown on track for Saturday after Senate vote on funding deal stalled

January 30, 2026
Economy

Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell

January 30, 2026
Economy

Microsoft stock drops 7% on slowing cloud growth, light margin guidance

January 29, 2026
Economy

Why Nvidia’s AI boom couldn’t happen without Dutch chip equipment maker ASML

January 29, 2026
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