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Category: Corporate News

Corporate News

Demand from overseas markets a boost for LSK

February 29, 2024

Lee Swee Kiat Group Bhd (LSK) anticipates factors like the recovery of demand from overseas markets, fluctuations in key raw…

Corporate News

Petros, PETRONAS and Japan consortium sign CO2 storage site agreement

February 29, 2024

KUCHING: Petroleum Sarawak Bhd (Petros), Petronas subsidiary CCS Ventures Sdn Bhd, and three Japanese consortium parties signed a storage site…

Corporate News

Trudeau’s pipeline project increases cost estimate

February 29, 2024

The expansion of the Trans Mountain oil pipeline will cost about C$3.1bil (US$2.3bil) more than the Canadian government-owned company running…

Corporate News

Sun continues to shine bright on Solarvest’s prospects

February 29, 2024

Solarvest Holdings Bhd’s prospects will continue to be fuelled by the two gigawatts (GW) worth of cross-border trading with Singapore…

Corporate News

SCIB optimistic of its prospects

February 29, 2024

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) remains optimistic about its prospects, driven by strategic recalibrations, a renewed focus on…

Corporate News

Flawed valuations in private credit boom

February 29, 2024

Colm Kelleher whipped up a storm at the end of last year when the UBS Group AG chairman warned of…

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…

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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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