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Category: Corporate News

Corporate News

Vestigo inks PETRONAS deal in Sabah

June 28, 2024

Petroliam Nasional Bhd (PETRONAS) has inked a small field asset production-sharing contract (PSC) with Vestigo Petroleum Sdn Bhd for a…

Corporate News

Financial elite face pay caps, bonus clawbacks

June 28, 2024

The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest…

Corporate News

United Malacca expects spike in FFB production

June 28, 2024

United Malacca Bhd expects fresh fruit bunch (FFB) production to increase in the financial year 2025 (FY25) due to better…

Corporate News

Shift Up may price IPO at top end of band

June 28, 2024

South Korean gaming company Shift Up is set to price its initial public offering (IPO) at the top end of…

Corporate News

GlobalData sees telco services growing by 1.9%

June 28, 2024

The total telecom and pay-TV services revenue in Malaysia is expected to increase at a compound annual growth rate of…

Corporate News

IJM likely to win more data centre jobs

June 28, 2024

IJM Corp Bhd is the latest construction outfit to win a data centre job and it may play catch up…

Corporate News

UltraTech set to acquire 23% in India Cements

June 28, 2024

UltraTech Cement Ltd, owned by billionaire Kumar Mangalam Birla, will acquire a 23% stake in India Cements for about US$226mil,…

Corporate News

Data centre land sales propel Crescendo’s earnings

June 28, 2024

Land sales to data centre developers lifted Crescendo Corp Bhd’s first-quarter revenue to a record-high of RM527mil.

Corporate News

Air Selangor on track to achieve Asia ambition

June 28, 2024

Pengurusan Air Selangor Sdn Bhd (Air Selangor) is on track to achieve its aspirations of being the leading water services…

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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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