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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

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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