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Category: Corporate News

Corporate News

Dayang’s unit bags contract extension from PETRONAS Carigali

February 14, 2024

KUALA LUMPUR: Dayang Enterprise Holdings Bhd’s wholly-owned subsidiary, DESB Marine Services Sdn Bhd (DESB Marine) has secured a contract extension…

Corporate News

Heavy equipment sales down on sluggish demand

February 14, 2024

Industry players reported a 10.8% drop in heavy equipment sales last year, mainly because of lower demand from the mining…

Corporate News

Pansar bags RM130mil contract for Sarawak Infectious Disease Centre

February 14, 2024

KUALA LUMPUR: Pansar Bhd’s wholly owned subsidiary, Perbena Emas Sdn Bhd has won a construction contract worth RM129.99mil from Borneo…

Corporate News

Cadence sees lower 1Q revenue

February 14, 2024

Cadence Design Systems forecast a decline in revenue for the first quarter as its hardware sales were up against tough…

Corporate News

Sony Q3 profit jumps 10%, points to 2025 listing for financial business

February 14, 2024

TOKYO: Sony's operating profit jumped 10% in the third quarter, beating estimates, buoyed by the strength of its financial, movies…

Corporate News

AnwanBiru, REDtone sign service deal

February 14, 2024

AnwanBiru Technology Bhd via its wholly-owned subsidiary Awantec Systems Sdn Bhd has entered into a service agreement with Redtone Engineering…

Corporate News

MMHE seeks new opportunities amid recovery efforts

February 14, 2024

KUALA LUMPUR: After posting a negative bottom line in FY23, Malaysia Marine and Heavy Engineering Bhd (MMHE) said it will…

Corporate News

New DBKL contract a positive surprise for ITMAX

February 14, 2024

A new contract for ITMAX System Bhd is expected to improve the group’s prospects and increase its turnover by RM23.6mil…

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…

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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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