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Category: Corporate News

Corporate News

Norges Bank reduces CMS stake

February 16, 2024

Norges Bank, the central bank and sovereign wealth fund manager of Norway, has ceased to be a substantial shareholder of…

Corporate News

Chipmaker Renesas to buy software company Altium

February 16, 2024

Japanese chipmaker Renesas Electronics has announced a US$5.9bil all-cash deal to buy electronics design software firm Altium , its second…

Corporate News

MSC posts lower yearly profit, cautious on outlook

February 16, 2024

Malaysia Smelting Corp (MSC) Bhd will continue to remain cautious while focusing on operational efficiencies and improvements in its business.

Corporate News

Challenging outlook seen for BAT earnings

February 16, 2024

The earnings outlook for British American Tobacco (M) Bhd (BAT) remains challenging over the medium term due to its lack…

Corporate News

Uzma accepts PETRONAS Carigali job

February 16, 2024

Uzma Bhd’s wholly-owned subsidiary, Uzma Engineering Sdn Bhd, has accepted a term contract award from PETRONAS Carigali Sdn Bhd in…

Corporate News

Equinix expects strong adjusted core earnings

February 16, 2024

Equinix is forecasting adjusted core earnings for fiscal 2024 above market expectations on signs of strong demand for its data-centre…

Corporate News

PETRONAS’ capital expenditure key for sector

February 16, 2024

While oil majors are cutting costs in anticipation of volatility in prices, analysts say Petroliam Nasional Bhd’s (PETRONAS) guidance will…

Corporate News

Bezos sells US$4bil of Amazon stock in four trading days

February 15, 2024

Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc’s rally to start the year.

Corporate News

UEM Sunrise raises RM500mil

February 15, 2024

UEM Sunrise Bhd has raised RM500mil from its Islamic medium-term notes (IMTN) programme.

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Crypto World

1
Cryptocurrency

Telegram shuts ‘largest darknet marketplace to have ever existed’

May 15, 2025

A major Chinese darknet marketplace suspected of facilitating crypto scams and cybercrime has been shut down by the Telegram messaging service, upon which it operated.The internet’s largest illicit marketplace, Haowang Guarantee, formerly Huione Guarantee, said…

2
Cryptocurrency

Senate removes Trump provisions in push to pass stablecoin bill

May 15, 2025

The US Senate could pass a key bipartisan stablecoin bill as soon as next week after removing language targeting President Donald Trump and his family’s sprawling crypto interests.Republican Senator Cynthia Lummis said onstage at an…

3
Cryptocurrency

Sonic Labs wins judgment for Multichain Foundation to wind up

May 15, 2025

A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023 hack.In the May 9 judgment…

4
Cryptocurrency

NFT founder stole millions from Bitcoin project, investors allege

May 15, 2025

Several investors in a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely tied Bitcoin mining operation.According to the May 14…

Economy

Economy

He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week

May 15, 2025
Economy

Amazon lays off about 100 employees in devices and services unit

May 15, 2025
Economy

The world’s best airport is building a mega terminal to ride the travel boom in Asia

May 15, 2025
Economy

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

May 15, 2025
Economy

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes

May 15, 2025
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