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Category: Corporate News

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…

Corporate News

Maybank sees 6% to 7% growth in gross loans

February 29, 2024

After a strong 9.2% loan growth in 2023, Malayan Banking Bhd (Maybank) foresees its gross loans to expand further by…

Corporate News

S P Setia exceeds FY23 sales target, hits RM5.1bil

February 29, 2024

KUALA LUMPUR: S P Setia Bhd recorded total sales of RM5.1bil in the financial year ended Dec 31, 2023 (FY23),…

Corporate News

Resorts World Genting closes two of its casinos

February 29, 2024

Genting Bhd’s Resorts World Genting said that it will shut two its three casinos, effective yesterday.

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Crypto World

1
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

2
Cryptocurrency

Bitcoin ETFs draw $2B in April for highest monthly inflows this year

May 1, 2026

US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month.Bitcoin ETFs drew $1.97 billion in inflows in April, well above March’s $1.37 billion, marking their highest monthly…

3
Cryptocurrency, Markets

Did Dogecoin bottom first? DOGE price poised for 20% gains as whales return

May 1, 2026

Dogecoin (DOGE) has outpaced the broader crypto market over the past month, rising roughly 18% versus the market’s 10% gain, as whale accumulation and a bullish chart setup hint at a potential bottom.DOGE/USDT vs. TOTAL…

4
Cryptocurrency, Markets

Bitcoin recovery stalls after Fed holds interest rates, citing ‘uncertainty’ in Middle East

April 30, 2026

Bitcoin (BTC) extended its two-day decline on Wednesday after the Federal Open Market Committee (FOMC) minutes confirmed the Fed’s decision to hold “the target range for the federal funds rate at 3-½ to 3-¾ percent.” While…

Economy

Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
Economy

Oil rises as White House says Iran ceasefire halts 60-day war deadline

May 1, 2026
Economy

China factory activity tops expectations in April — but growth slows as new orders soften

April 30, 2026
Economy

Microsoft calls for $190 billion in 2026 capital spending on soaring memory prices

April 30, 2026
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