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Category: Corporate News

Corporate News

ST Engineering to invest US$88mil in new sustainable data centre

June 27, 2024

Technology and engineering group ST Engineering is investing S$120mil over the next three years in a new data centre with…

Corporate News

AR-REIT to dispose of Cyberjaya asset

June 27, 2024

Amanahraya Real Estate Investment Trust (AR-REIT) is disposing of a free standing four storey purpose-built office building in Cyberjaya, Selangor…

Corporate News

Crescendo’s net profit soars to RM289mil in 1Q from data centre land sales

June 27, 2024

KUALA LUMPUR: Crescendo Corporation Bhd's net profit for the first quarter ended April 30, 2024 (1Q) surged to RM289.03 million…

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…

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Crypto World

1
Cryptocurrency

USX briefly depegs on Solana DEXs before liquidity support restores price

December 26, 2025

USX, a Solana-native US dollar-pegged stablecoin, briefly traded below its peg on decentralized exchanges early Friday after heavy sell pressure overwhelmed available liquidity on Orca and Raydium, prompting issuer Solstice Finance to step in with liquidity…

2
Cryptocurrency

Bitcoin price, onchain flows and global macro: Here’s what changed in 2025

December 26, 2025

Bitcoin’s 2024–2025 price action highlighted a disconnect between improving high-timeframe onchain structure and restrictive macroeconomic conditions. While crypto-native liquidity and supply dynamics strengthened during Bitcoin’s (BTC) 2024 rally, external variables, like elevated real yields and…

3
Cryptocurrency

Aave founder denies buying tokens to influence failed DAO vote

December 26, 2025

Stani Kulechov, the founder and CEO of Aave Labs, the main development company behind the Aave decentralized finance (DeFi) lending protocol, denied claims that he recently purchased $15 million of Aave (AAVE) tokens to influence…

4
Cryptocurrency

Etheruem’s tokenization role takes focus as Tom Lee outlines bullish outlook

December 26, 2025

Ethereum’s growing role in institutional finance took center stage on CNBC’s Power Lunch this week, when Tom Lee, co-founder and head of research at Fundstrat Global Advisors, said Ether could climb to $7,000–$9,000 by early…

Economy

Economy

Google is rolling out a new feature allowing users to change their Gmail address

December 26, 2025
Economy

Over 300,000 student loan borrowers were denied a new repayment plan, court filing shows — here’s why

December 26, 2025
Economy

Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI build-out

December 26, 2025
Economy

Nvidia-Groq deal is structured to keep ‘fiction of competition alive,’ analyst says

December 26, 2025
Economy

Airlines cancel more than 1,400 flights ahead of winter storm. Here’s what to know

December 26, 2025
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