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Category: Corporate News

Corporate News

CEO of Australia’s biggest bank cautions on risks

February 15, 2024

Commonwealth Bank of Australia (CBA) chief executive officer Matt Comyn says risks are mounting in the economy after profit at…

Corporate News

UMW shares to be delisted on Feb 19 post-takeover

February 15, 2024

The entire issued share capital of UMW Holdings Bhd will be removed from the official list of Bursa Malaysia on…

Corporate News

Sunway poised to be included in FBM KLCI

February 15, 2024

Sunway Bhd is poised to be included in the as a component stock in the FBM KLCI in the second…

Corporate News

Axiata’s earnings to be supported by monetisation

February 15, 2024

Axiata Group Bhd’s earnings are expected to be supported by its excellent prospects of monetising its multiple businesses, says AmInvestment…

Corporate News

Lyft stock up 17% on cost cuts after wild ride

February 15, 2024

Lyft beat estimates for quarterly profit and says it will generate positive free cash flow for the first time in…

Corporate News

Better prospects for Gas Malaysia on elevated natural gas prices

February 15, 2024

UOB Kay Hian (UOBKH) Research is positive on Gas Malaysia Bhd (GMB) despite maintaining its “hold” call on the company…

Corporate News

StanChart weighs break up of investment bank

February 15, 2024

Standard Chartered Plc is considering restructuring its institutional banking arm, the unit that houses the firm’s investment bankers and traders,…

Corporate News

Perdana Petroleum secures new work order

February 15, 2024

Perdana Petroleum Bhd has announced it has won a work order award and received an extension for an existing award…

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…

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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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