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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

FirstEnergy scraps 2030 climate goal in rare embrace of coal

February 13, 2024

NEW YORK: FirstEnergy Corp is abandoning its 2030 target for slashing greenhouse-gas emissions because coal plants can’t be replaced in…

Corporate News

South Korea’s CJ Logistics speeds up overseas expansion

February 13, 2024

SEOUL: CJ Logistics, the nation’s largest logistic firm, affiliated with retail giant CJ Group, is speeding up its overseas expansion…

Corporate News

Force Motors posts 3Q profit on strong demand

February 13, 2024

BENGALURU: India’s Force Motors reported a fourth straight quarterly profit, helped by strong demand for its multi-seater passenger vehicles that…

Corporate News

Hubline continues growing with barge buy

February 13, 2024

KUCHING: Hubline Bhd, which is involved in dry bulk shipping, expects to acquire another barge this year under its ongoing…

Corporate News

Agmo in collaboration to develop financial services-related software

February 13, 2024

KUALA LUMPUR: Digital solutions provider Agmo Holdings Bhd has entered into a shareholders’ agreement to collaborate in software development related…

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Crypto World

1
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…

2
Cryptocurrency

Changing Basel rules could unlock ‘huge’ liquidity for BTC: Analyst

March 15, 2026

The Basel III rules, which govern bank capital requirements, are set to be updated in 2026, and if Bitcoin (BTC) receives a lower risk rating in the revised rules, it could potentially trigger a “huge”…

3
Cryptocurrency

CLARITY Act 2026 odds ‘extremely low’ if not passed before April: Exec

March 15, 2026

The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn’t move forward within the next seven weeks, according to…

4
Cryptocurrency

Bitcoin miners saw the AI power crunch coming — and the nuclear revival

March 13, 2026

Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity.According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest…

Economy

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
Economy

Fertitta in weekend deal talks to acquire Caesars, while billionaire Carl Icahn waits in the wings

March 15, 2026
Economy

How the Iran war could start to impact U.S. retail prices

March 13, 2026
Economy

Pete Hegseth on Strait of Hormuz: ‘Don’t need to worry about it’

March 13, 2026
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