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Category: Corporate News

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…

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.

Corporate News

Westports considers new investors for expansion

February 14, 2024

Malaysia’s biggest port operator, Westports Holdings Bhd, is considering external strategic investors to help fund a RM39.6bil expansion that will…

Corporate News

Glass wool maker PGF plans new production plant

February 14, 2024

Glass wool maker PGF Capital Bhd, which is also one of the largest landowners in Tanjong Malim, Perak, plans to…

Corporate News

Kitacon wins RM65.4mil property job from Worldwide

February 14, 2024

Contractor Kumpulan Kitacon Bhd secured a RM65.43mil job from Selangor state government’s Worldwide Holdings Bhd to build 182 units of…

Corporate News

Macquarie posts lower nine-month profit

February 14, 2024

Australian financial conglomerate Macquarie Group says its nine-month profit fell “substantially” due to weakness in its commodities and global markets…

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Crypto World

1
Cryptocurrency

Bitcoin ends record month at $115K with BTC price set for 'vertical' August

August 1, 2025

Key takeaways:Bitcoin hit a record monthly close at $115,800 on Thursday.Analysts see price dropping below $115,000 as a bullish retest.August may see strong BTC gains, as post-halving years historically see 14%-65% returns.Bitcoin (BTC) made history…

2
Cryptocurrency

Spot Ether ETFs clock $5.4B monthly inflow record amid 20-day streak

August 1, 2025

United States Spot Ether exchange-traded funds (ETFs) hit a new milestone in July, recording $5.43 billion in net inflows, their highest monthly total since launch, according to ETF tracker SoSoValue.  July's performance represented a 369% increase…

3
Cryptocurrency

Ray Dalio sells final Bridgewater stake after predicting debt collapse

August 1, 2025

Billionaire investor Ray Dalio has said his goodbye to Bridgewater Associates, a hedge fund giant he founded 50 years ago.Dalio sold his last remaining stake in Bridgewater and stepped off its board, The Wall Street…

4
Cryptocurrency

Andreessen Horowitz warns of loopholes in draft US crypto rules

August 1, 2025

Venture capital firm Andreessen Horowitz (a16z) called on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could open dangerous loopholes and undermine investor protections.In a Thursday open letter to…

Economy

Economy

Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop

August 1, 2025
Economy

TikTok took the world by storm. Now, Chinese companies are taking videos further with AI

August 1, 2025
Economy

Amazon’s gloomy earnings forecast overshadows better-than-expected results

August 1, 2025
Economy

Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units

August 1, 2025
Economy

How countries are reacting to Trump’s latest tariff announcements as deadline looms

August 1, 2025
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