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Category: Corporate News

Corporate News

Hyundai seeks more EV converts with new model

June 28, 2024

Hyundai Motor Co is joining the ranks of automakers trying to hasten electric car adoption and fend off low-cost competition…

Corporate News

Micron selloff shows risk of sky-high AI expectations

June 28, 2024

Micron Technology Inc’s post-results selloff sent a fresh reminder to global investors about the risks inherent in bets on artificial…

Corporate News

Sapura Energy 1Q25 net profit drops 43.8% to RM82.1mil

June 27, 2024

KUALA LUMPUR: Sapura Energy Bhd’s net profit fell 43.8% to RM82.1mil in the first quarter ended April 30 (1Q25), compared…

Corporate News

TRC Synergy to prosper from new navy contract

June 27, 2024

TRC Synergy Bhd’s latest contract win worth RM125mil from BHIC Submarine Engineering Services Sdn Bhd, a subsidiary of Boustead Heavy…

Corporate News

Beshom to focus on reining in costs

June 27, 2024

Beshom Holdings Bhd is expected to face challenges ahead as the fuel subsidy rationalisation may exert downward pressure on consumer…

Corporate News

Kim Loong targets 5% FFB production increase, plans 1,000 hectares replanting

June 27, 2024

KUALA LUMPUR: Kim Loong Resources Bhd aims to achieve at least 5% higher fresh fruit bunches (FFB) production for the…

Corporate News

Circle K earnings miss estimates as fuel demand dips

June 27, 2024

Alimentation Couche-Tard Inc, Canada’s most valuable retailer and the operator of the Circle K and Couche-Tard chains, reported lower-than-expected earnings…

Corporate News

ACE Market-bound EPB Group aims to raise RM40.08mil from IPO

June 27, 2024

KUALA LUMPUR: EPB Group Bhd aims to raise RM40.08 million from its initial public offering (IPO) en route to its…

Corporate News

Ramssol to expand with new acquisition

June 27, 2024

Ramssol Group Bhd is poised to expand its presence in South-East Asia via its wholly owned subsidiary’s proposed 51% acquisition…

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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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