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Category: Corporate News

Corporate News

Rakuten Bank shares surge 13% on positive news

February 15, 2024

Rakuten Bank Ltd shares jumped the most in more than four months after the Japanese online lender raised its annual…

Corporate News

Fashion, management missteps leave Express clinging to solvency

February 15, 2024

Fashion retailer Express Inc is rapidly running out of cash and time.

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…

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Crypto World

1
Cryptocurrency

Solana network and DeFi activity suggest SOL price rally will continue

May 13, 2025

Key takeaways:Solana's $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.SOL’s 8% funding rate shows healthy leverage demand from bulls.Solana’s native token SOL…

2
Cryptocurrency

Coinbase invests in Canadian stablecoin issuer

May 13, 2025

Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.According to Coinbase Canada's CEO, Lucas…

3
Cryptocurrency

CoinShares Q1 net profit falls to $24M

May 13, 2025

CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period…

4
Cryptocurrency

US lawmakers call for change in corporate digital asset taxes

May 13, 2025

Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets.In a May 12 letter, Senators Cynthia Lummis and…

Economy

Economy

Chuck Schumer to block Trump DOJ nominees over Qatari jet

May 13, 2025
Economy

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

May 13, 2025
Economy

Microsoft laying off about 6,000 people, or 3% of its workforce

May 13, 2025
Economy

Trump says U.S. will remove all sanctions on Syria

May 13, 2025
Economy

White House announces $600 billion Saudi investment in U.S. during Trump visit

May 13, 2025
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