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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

Press Metal 4Q net profit up 23% to RM320mil

February 28, 2024

KUALA LUMPUR: Press Metal Aluminium Holdings Bhd is proactively strengthening its position by expanding value-added products and extrusion capacity, according…

Corporate News

Majestic Gen targets GDV of RM3.3bil

February 28, 2024

Majestic Gen Sdn Bhd, formerly known as Majestic Builders, aims to achieve gross development value (GDV) totalling RM3.3bil for 2024…

Corporate News

Bumi Armada posts lower net profit of RM332.06mil for FY23

February 28, 2024

KUALA LUMPUR: Bumi Armada Bhd generated a lower profit of RM332.06 million in its 2023 financial year (FY2023) as compared…

Corporate News

Sapura Energy’s Kitar Solutions to simplify decommissioning process

February 28, 2024

Sapura Energy Bhd has announced Kitar Solutions, which aims to simplify the decommissioning process through integrated engineering, preparations, removal and…

Corporate News

Farm Fresh posts higher 3Q net profit, jump in revenue

February 28, 2024

KUALA LUMPUR: Farm Fresh Bhd, announcing record-breaking revenue in the third quarter of its financial year, said it remains positive…

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Crypto World

1
Cryptocurrency

Coin Center files brief in Ethereum MEV trial, disputes ‘honest validation’ theory

November 3, 2025

Cryptocurrency advocacy organization Coin Center has weighed in on the ongoing criminal trial of two brothers who allegedly exploited the Ethereum blockchain using maximal extractable value (MEV) bots.In a Monday amicus curiae brief — a…

2
Cryptocurrency

Brazil, Hong Kong test cross-border blockchain trade system via Chainlink

November 3, 2025

Brazilian digital bank Banco Inter has completed a blockchain-based international trade finance pilot with Chainlink, the Central Bank of Brazil and the Hong Kong Monetary Authority (HKMA), showcasing how distributed ledger technology can simplify cross-border…

3
Cryptocurrency

Balancer audits under scrutiny after $100M+ exploit

November 3, 2025

Many cryptocurrency traders are seeking answers after a successful exploit at the decentralized exchange and automated market maker Balancer resulted in more than $100 million in digital assets being stolen.In a Monday X post updating…

4
Cryptocurrency

Tharimmune makes $540M bet on Canton Coin in crypto treasury push

November 3, 2025

Biotech company Tharimmune has raised $540 million in private funding to launch a crypto treasury strategy and acquire Canton Coin (CC), the native token of the Canton Network.The private offering, among the largest digital asset…

Economy

Economy

Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut

November 3, 2025
Economy

Warren Buffett may have cut Berkshire’s stake in Apple again in the third quarter

November 3, 2025
Economy

Amazon closes at record after $38 billion OpenAI deal with AWS

November 3, 2025
Economy

SNAP update: Trump admin will pay 50% of food stamp benefits in November amid shutdown

November 3, 2025
Economy

Palantir tops estimates, boosts fourth-quarter guidance on AI adoption

November 3, 2025
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