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Category: Corporate News

Corporate News

SOBA judges face daunting task to pick winners

February 29, 2024

Judges of the Star Outstanding Business Awards (SOBA) 2023 believe this years’ awards encompasses high-quality entrepreneurs, making it increasingly challenging…

Corporate News

7-Eleven’s 4Q net profit surges to RM221mil

February 29, 2024

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd’s (SEM) focus for the convenience stores segment continues to be on the expansion of…

Corporate News

Firing of a utility boss spotlights shorter tenures for women CEOs

February 29, 2024

The firing of American Electric Power Co’s (AEP) chief executive officer (CEO) after less than 14 months highlights a demographic…

Corporate News

Velesto to see good charter rates continuing

February 29, 2024

Velesto Energy Bhd is forecast to sustain its higher rig utilisation levels and charter rates in financial year 2024 (FY24)…

Corporate News

Genting Malaysia posts RM240mil net profit in 4Q, declares 9 sen dividend

February 29, 2024

KUALA LUMPUR: Genting Malaysia Bhd remains cautious of the near-term prospects of the leisure and hospitality industry but is positive…

Corporate News

Apple’s EV wind down offers reprieve to rivals

February 29, 2024

The sudden demise of Apple Inc’s electric vehicle (EV) programme is a bleak sign for the car market. It’s also…

Corporate News

Diversified product offerings to sustain IOIProp earnings

February 29, 2024

IOI Properties Group Bhd (IOIProp) expects its diversified product offerings spanning across three countries, recurring earnings from established property investment…

Corporate News

CIMB 4Q net profit jumps 29% to RM1.7bil

February 29, 2024

KUALA LUMPUR: CIMB Group Holdings Bhd remains vigilant about global economic uncertainties, including geopolitical tensions and China's potential slowdown, along…

Corporate News

Lagenda expecting vibrant 2024

February 29, 2024

Lagenda Properties Bhd expects 2024 to be a vibrant and exciting year for the group, as it plans to launch…

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Crypto World

1
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,…

2
Cryptocurrency

South Korea’s Hana Financial partners with Standard Chartered on digital assets

March 16, 2026

Hana Financial Group, one of South Korea’s largest financial conglomerates, has partnered with Standard Chartered on finance and digital assets.On Sunday, Hana Financial said it signed a business agreement with the United Kingdom’s Standard Chartered…

3
Cryptocurrency

Strategy buys $1.6B in Bitcoin as holdings surpass 761,000 BTC

March 16, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC.Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according…

4
Cryptocurrency

Former UK Prime Minister Boris Johnson calls Bitcoin a ‘Ponzi scheme’

March 15, 2026

Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history.Johnson wrote…

Economy

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
Economy

Brent crude holds above $100 as Trump says U.S. may hit Iran’s oil hub again ‘just for fun’

March 16, 2026
Economy

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

March 15, 2026
Economy

Iran threatens to retaliate against neighbors; Trump urges countries to assist in securing Strait of Hormuz

March 15, 2026
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