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Category: Corporate News

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…

Corporate News

EPMB reports over 50-fold profit jump in FY23

February 28, 2024

KUALA LUMPUR: EP Manufacturing Bhd (EPMB) will continue to strengthen its core businesses and at the same time, pursue new…

Corporate News

Pepsi, IBM sell bonds through Singapore to reap potential tax benefit

February 28, 2024

A potential tax benefit is spurring US companies, including PepsiCo Inc and International Business Machines Corp, to sell bonds through…

Corporate News

IOI Properties expects its diversified product offerings to sustain earnings

February 28, 2024

PETALING JAYA: IOI Properties Group Bhd (IOIPG) expects its diversified product offerings spanning across three countries, recurring earnings from established…

Corporate News

UOA continues exploring strategic land

February 28, 2024

UOA Development Bhd will continue to explore strategic development land that meets its objectives.

Corporate News

IJM Corp 3Q net profit jumps 34%

February 28, 2024

KUALA LUMPUR: IJM Corp Bhd is poised to grow its existing businesses, develop a portfolio in adjacent businesses and expand…

Corporate News

Sedania posts RM1.35mil profit in Q4

February 28, 2024

Sedania Innovator Bhd will continue to diligently monitor and reassess its financial position, taking prompt and appropriate actions to mitigate…

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…

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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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