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Category: Corporate News

Corporate News

Daewoo E&C boosts overseas business ops to spur growth

June 27, 2024

Daewoo Engineering & Construction chairman Jung Won-ju is ramping up efforts to expand the South Korean builder’s global network for…

Corporate News

IHH appoints Nik Norzrul as chairman

June 27, 2024

IHH Healthcare Bhd has appointed Tan Sri Dr Nik Norzrul Thani N. Hassan Thani as its chairman.

Corporate News

MARC Ratings downgrades YNH to BBIS after removing negative watch

June 27, 2024

KUALA LUMPUR: MARC Ratings has removed YNH Property Bhd’s Islamic Medium-Term Notes Programme (Sukuk Wakalah) rating from MARCWatch Negative placement…

Corporate News

IJM secures RM332mil data centre contract

June 27, 2024

IJM Corp Bhd’s wholly-owned subsidiary IJM Construction Sdn Bhd has clinched a RM331.7mil contract to design and construct Block 2…

Corporate News

Northern Solar focused on enhancing financial resources

June 27, 2024

Solar energy provider Northern Solar Holdings Bhd is gearing up for its initial public offering (IPO) on the ACE Market,…

Corporate News

Air Selangor records revenue of RM2.82bil in 2023

June 27, 2024

KUALA LUMPUR: Pengurusan Air Selangor Sdn Bhd (Air Selangor) recorded revenue of RM2.82 billion in 2023, an increase of 15.1…

Corporate News

MISC still very much focused on growth

June 27, 2024

UOB Kay Hian Research (UOBKH Research) is retaining its optimistic outlook on MISC Bhd, underpinned by the group’s strategy which…

Corporate News

Samaiden in RE tie-up with Gruppe

June 27, 2024

Renewable energy (RE) firm Samaiden Group Bhd has signed a business collaboration agreement with Gruppe Lighting Solution Sdn Bhd to…

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…

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Crypto World

1
Cryptocurrency

Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M

May 12, 2026

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated…

2
Cryptocurrency

LMAX Group launches digital asset collateral solution for institutions

May 12, 2026

Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto…

3
Cryptocurrency, Markets

Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return

May 12, 2026

Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years.Key points:US CPI inflation reaches its highest year-on-year levels since 2023.Energy prices…

4
Cryptocurrency

Australia plans capital gains tax changes affecting crypto investors: Report

May 11, 2026

The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains.The Albanese government’s fiscal year…

Economy

Economy

Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

May 12, 2026
Economy

It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

May 12, 2026
Economy

Here’s the inflation breakdown for April 2026 — in one chart

May 12, 2026
Economy

Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases

May 11, 2026
Economy

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

May 11, 2026
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