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Category: Corporate News

Corporate News

Kenanga Investment Bank to increase stake in Merchantrade Asia

June 26, 2024

Kenanga Investment Bank Bhd has received Bank Negara’s approval to acquire an additional 15.2% equity interest in Merchantrade Asia Sdn…

Corporate News

Favourable government initiatives to help lift REIT sector

June 26, 2024

Recently announced government initiatives are expected to support the retail real estate investment trust (REIT) sector but the allure of…

Corporate News

Power-hungry data centres to drive TNB’s revenue

June 26, 2024

Data centres are expected to underpin growth in electricity demand in Peninsular Malaysia.

Corporate News

HTVB to benefit from growing demand for steel

June 26, 2024

Things are looking good for steel company Hiap Teck Venture Bhd (HTVB) as various factors are in play to boost…

Corporate News

Chinese firms meet M’sian reps on US tariffs

June 26, 2024

Chinese executives have been meeting top government officials in Malaysia to seek assurances they can avoid US tariffs if they…

Corporate News

PNB optimistic about performance this year

June 26, 2024

Permodalan Nasional Bhd (PNB) is optimistic about the future with a renewed sense of strength and energy within the team…

Corporate News

Evergreen to gain from customer diversification

June 26, 2024

Evergreen Fibreboard Bhd is looking to increase its sales to East Asia as it reduces reliance on the Red Sea…

Corporate News

IJM Construction bags RM331.7mil Iskandar Puteri Data Centre contract

June 26, 2024

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

Corporate News

Astro reports higher net profit for first quarter

June 26, 2024

Despite reporting higher profit for its first quarter, Astro Malaysia Holdings Bhd is maintaining a cautious outlook while carefully monitoring…

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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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