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Category: Corporate News

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.

Corporate News

Strong OSV market augurs well for Dayang Enterprise

February 15, 2024

The combined contract value for Dayang Enterprise Holdings Bhd’s recent contact extensions for three accommodation workboats (AWBs) from PETRONAS Carigali…

Corporate News

Dayang unit gets contract extension

February 15, 2024

Dayang Enterprise Holdings Bhd’s wholly-owned subsidiary, DESB Marine Services Sdn Bhd, has clinched a contract extension for the provision of…

Corporate News

Carimin secures contract extension from PETRONAS

February 15, 2024

KUALA LUMPUR: Carimin Petroleum Bhd's wholly-owned subsidiary Carimin Engineering Services Sdn Bhd has accepted an extension of a contract for…

Corporate News

Aussie office owner Dexus reports big half-year loss

February 15, 2024

Australian property firm Dexus has reported its second-steepest half-year loss since 2008 as higher rates slashed roughly A$600mil (US$387.24mil) off…

Corporate News

Higher 2H24 earnings forecast for Infomina

February 15, 2024

Infomina Bhd’s earnings for its second half of financial year 2024 (2H24) is expected to be sequentially stronger, driven by…

Corporate News

Sunway, Hoi Hup win tender for RM1.5bil Singapore tract

February 15, 2024

KUALA LUMPUR: A joint bid by Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd (SDPL) has won the…

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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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