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Category: Corporate News

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…

Corporate News

Gamuda eyes Klang Valley data centre jobs

February 14, 2024

Gamuda Bhd, which has two industrial building system (IBS) factories, is be eyeing data centre jobs within the Klang Valley,…

Corporate News

CSL slumps to near two-month low on bleak outlook for units

February 14, 2024

Australia’s CSL Ltd forecast weaker outlook for its influenza vaccine making division, Seqirus, and newly acquired anaemia therapy unit, Vifor,…

Corporate News

Engtex poised to get more water pipe orders

February 14, 2024

Engtex Group Bhd is likely to receive more water pipe orders following the recent annoucement of water tariff hike, according…

Corporate News

Stellantis to invest US$111mil in Hungary facility

February 14, 2024

Stellantis says it will invest €103mil at its Szentgotthard facility in Hungary to increase production capacity of electric drive modules…

Corporate News

Dayang’s contract extended

February 14, 2024

Dayang Enterprise Holdings Bhd’s wholly-owned subsidiary DESB Marine Services Sdn Bhd has secured contract extension awards from PETRONAS Carigali Sdn…

Corporate News

Build-A-Bear and Jazwares face off in court

February 14, 2024

Warren Buffett is taking on Build-A-Bear. Jazwares, the Berkshire Hathaway-owned maker of the popular Squishmallows plush toys, sued Build-A-Bear Workshop…

Corporate News

Former Perak Corp CEO loses lawsuit

February 14, 2024

The Securities Commission (SC) has won an insider trading civil suit against the former chief executive officer of Perak State…

Corporate News

Uber, Lyft, DoorDash drivers to strike on Valentine’s Day for fair pay

February 14, 2024

Thousands of drivers for ride-sharing platforms Uber, Lyft and food delivery app DoorDash are expected to go on strike across…

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Crypto World

1
Cryptocurrency

South Korea’s bank-first stablecoin approach lacks logic, says Kaia chair

October 29, 2025

The Bank of Korea’s push for the banking sector to lead the rollout of won-denominated stablecoins lacks logic, says Dr. Sangmin Seo, the chair of the Kaia DLT Foundation.In a report released on Monday, the…

2
Cryptocurrency

Ethereum’s Fusaka fork primed for mainnet after final testnet debut

October 29, 2025

Ethereum’s next major upgrade, Fusaka, is now live on the blockchain’s final testnet, Hoodi, setting the stage for its Dec. 3 mainnet launch that is slated to add several scalability and security improvements to the…

3
Cryptocurrency

Visa to start supporting stablecoins on four blockchains

October 29, 2025

Global payments giant Visa is set to roll out support for four stablecoins across four “unique blockchains,” as the firm pushes to ramp up its crypto services.Visa CEO Ryan McInerney told investors on the company’s…

4
Cryptocurrency

Australian regulator gives long-awaited crypto guidance, but concerns remain

October 29, 2025

Australia’s corporate regulator has released updated guidance on digital assets, which blockchain executives have welcomed, while airing concerns on the speedy issuance of licenses.The Australian Securities and Investments Commission updated its Info Sheet 225 on…

Economy

Economy

SK Hynix, a critical Nvidia supplier, has already sold out chips for 2026 as AI demand booms

October 29, 2025
Economy

UBS CEO says strategic investments are paying off as third-quarter profit surges 74%

October 29, 2025
Economy

The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect

October 29, 2025
Economy

Jensen Huang says Nvidia’s AI chips are now being manufactured in Arizona

October 29, 2025
Economy

Trump says fentanyl tariff cut, ‘farmers,’ Nvidia chips up for discussion with Xi as China confirms meeting

October 29, 2025
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