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Category: Corporate News

Corporate News

Nvidia market cap threatens Alphabet

February 15, 2024

Nvidia is on the verge of overtaking Alphabet as Wall Street’s third most valuable company.

Corporate News

MMHE seeks more opportunities in RE

February 15, 2024

After posting a negative bottom line in its previous financial year (FY), Malaysia Marine and Heavy Engineering Bhd (MMHE) will…

Corporate News

Travel companies temper hopes for 2024

February 15, 2024

The buzzword from travel companies for 2024 is “normal”. After the pandemic slammed the brakes on the tourism industry, and…

Corporate News

HSS Engineers associate wins RM9.5mil job

February 15, 2024

HSS Engineers Bhd’s (HEB) associate SMHB Sdn Bhd has secured a RM9.52mil contract from Pengurusan Aset Air Bhd for engineering…

Corporate News

Walmart in talks to buy Vizio for more than US$2bil

February 15, 2024

Walmart is in talks to buy smart-television manufacturer Vizio for more than US$2bil, the Wall Street Journal reports, a move…

Corporate News

Sony hikes profit forecast on financial services gain

February 15, 2024

Japan’s Sony upgraded its annual net profit forecast but trimmed its PlayStation 5 (PS5) unit’s sales target, with the flagship…

Corporate News

HSS Engineers associate bags RM9.52mil Pahang water system upgrade project

February 14, 2024

KUALA LUMPUR: HSS Engineers Bhd's associate SMHB Sdn Bhd has secured a RM9.52mil contract from Pengurusan Aset Air Bhd for…

Corporate News

YTL Corp and YTL Power in MSCI Malaysia Index

February 14, 2024

The Yeoh family’s YTL Corp Bhd and YTL Power International Bhd slipped on profit-taking, following news about their addition into…

Corporate News

Duopharma to gain from consumer healthcare sales

February 14, 2024

Recent developments are looking promising for Duopharma Biotech Bhd, according to UOB Kay Hian (UOBKH) Research.

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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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