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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

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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