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Category: Corporate News

Corporate News

Bumi Armada on track for record profit in FY24

February 16, 2024

Bumi Armada Bhd can expect a sequential core net profit improvement in the fourth quarter of 2023 (4Q23) and a…

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…

Corporate News

First highway business trust en route for listing

February 15, 2024

Prolintas Managers Sdn Bhd, the trustee-manager of Prolintas Infra Business Trust (Prolintas Infra BT) has signed an underwriting agreement for…

Corporate News

PLB Engineering addresses its auditors’ concerns

February 15, 2024

PLB Engineering Bhd’s external auditors Messrs Grant Thornton Malaysia PLT have expressed a material uncertainty related to going concern of…

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Crypto World

1
Cryptocurrency

Bitcoin risks ’20-30%’ drop as crypto markets liquidate $1.1B in 24 hours

October 30, 2025

Key points:Bitcoin revisits the bottom of its local range in a fresh dive after the Federal Reserve interest-rate cut.Traders betting on upside get punished, with long liquidations nearing $1 billion.A deeper rout for stocks could…

2
Cryptocurrency

Bitcoin bears give three reasons why the bull market is over

October 30, 2025

Key takeaways:Bitcoin’s bearish MACD cross and engulfing candle on the three-week chart signal a cycle top. Market analysts suggest that 558 days post-2024 halving indicate the Bitcoin bull cycle’s top is imminent.Other analysts say BTC price…

3
Cryptocurrency

‘Cut-throat’ battle for crypto ETNs erupts in UK after retail ban lifted

October 30, 2025

The United Kingdom has opened the floodgates for crypto exchange-traded notes (ETNs) to retail investors — a market that was previously limited to professional traders — sparking a price war among issuers vying for market…

4
Cryptocurrency

BTC mining industry finances AI gold rush with $11B convertible bond boom

October 30, 2025

Bitcoin (BTC) miners have raised $11 billion in convertible debt — corporate debt that is convertible to stocks — over the last year, amid a pivot into artificial intelligence data centers.Miners completed 18 convertible bond…

Economy

Economy

A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch

October 30, 2025
Economy

Billionaires are spending big to stop Zohran Mamdani’s NYC mayoral bid

October 30, 2025
Economy

The biggest takeaways from the Trump-Xi meeting — what the truce covers and what is still unclear

October 30, 2025
Economy

Chipotle stock craters as Wall Street grows concerned after company cuts forecast

October 30, 2025
Economy

Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results

October 30, 2025
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