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Category: Corporate News

Corporate News

Genting Plantations’ FY23 net profit slips to RM253.48mil

February 28, 2024

KUALA LUMPUR: Genting Plantations Bhd’s net profit for the financial year ended Dec 31, 2023, (FY2023) slipped to RM253.48 million…

Corporate News

Chevron, Exxon in dispute over Guyana oil

February 28, 2024

Exxon Mobil Corp says it may preempt Chevron Corp’s acquisition of a 30% stake in a giant Guyana oil block,…

Corporate News

Nur-ul Afida appointed as Bernama’s new CEO

February 28, 2024

The Malaysian National News Agency (Bernama) has announced the appointments of Nur-ul Afida Kamaludin as its new chief executive officer…

Corporate News

Pecca reports highest-ever quarterly net profit in 2Q24

February 28, 2024

KUALA LUMPUR: Pecca Group Bhd is banking on its aviation division to unlock its next phase of growth, according to…

Corporate News

Trump owes US$112,000 for every day he doesn’t pay fraud fine

February 28, 2024

Every day Donald Trump delays paying New York state’s US$454mil civil verdict against him over his fraudulent asset valuations, the…

Corporate News

Berjaya Corp cautiously optimistic on performance

February 28, 2024

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) is cautiously optimistic about the group's business performance in the remaining quarters of the…

Corporate News

Citi hires JPMorgan’s Raghavan as head of banking

February 28, 2024

Citigroup Inc has hired JPMorgan Chase & Co’s Viswas Raghavan as head of banking and executive vice- chairman, poaching a…

Corporate News

BIMB posts RM553.05mil net profit in FY23 on higher net income

February 28, 2024

KUALA LUMPUR: Bank Islam Malaysia Bhd’s (BIMB) net profit increased to RM553.05 million in the financial year ended Dec 31,…

Corporate News

Tropicana achieves record revenue

February 28, 2024

Tropicana Corp Bhd achieved a revenue of RM1.51bil in its financial year ended Dec 31, 2023 (FY23), the highest in…

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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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