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Category: Corporate News

Corporate News

Roaring Kitty’s gain of US$262mil stirs sceptics

June 17, 2024

NEW YORK: As a renewed bout of GameStop Corp fever gripped the meme-stock faithful, fans of trading influencer Keith Gill…

Corporate News

Takeda signs option to market Ascentage’s drug

June 17, 2024

TOKYO: Takeda Pharmaceutical Co has signed an option agreement with Chinese drug developer Ascentage Pharma Group International for the development…

Corporate News

Adelson heir steers Mavericks, plays the long game on casino

June 17, 2024

NEW YORK: As Game 3 of the NBA Finals tipped off at the American Airlines Centre last Wednesday, Patrick Dumont,…

Corporate News

Sarawak in logging road restoration plan

June 17, 2024

KUCHING: Sarawak will rehabilitate 14 abandoned logging roads under a RM543mil funding plan to provide convenience and safer travel into…

Corporate News

Adidas probes bribery allegations in China

June 17, 2024

LONDON: Adidas has launched an investigation into allegations of large-scale bribery in China after the company received a whistleblower complaint…

Corporate News

Leon Fuat shareholders approve final dividend payout

June 13, 2024

KUALA LUMPUR: Leon Fuat Bhd’s shareholders approved a final single tier dividend of 1.5 sen per share for the financial…

Corporate News

YNH Property appoints special reviewer

June 13, 2024

YNH Property Bhd has appointed UHY Malaysia as a special independent reviewer to conduct an independent assessment regarding certain joint…

Corporate News

Solarvest buys office and retail space for RM48.73mil

June 13, 2024

KUALA LUMPUR: Solarvest Holdings Bhd has proposed to acquire a four-level office space and a rooftop retail unit with a…

Corporate News

LYC Healthcare withdraws unit’s listing

June 13, 2024

LYC Healthcare Bhd is withdrawing the proposed listing of its subsidiary, LYC Medicare (Singapore) Pte Ltd (LYCSG), on the Catalist…

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Crypto World

1
Cryptocurrency

ARK Invest adds $34M Robinhood stake as Bitcoin falls below $66K

February 12, 2026

ARK Invest, the investment firm led by Bitcoin bull Cathie Wood, snapped up a significant batch of crypto-linked stocks on Wednesday as BTC briefly dipped below $66,000.ARK purchased 433,806 shares of Robinhood (HOOD) for approximately…

2
Cryptocurrency

Binance completes $1B Bitcoin conversion for SAFU emergency fund

February 12, 2026

Binance completed the $1 billion Bitcoin conversion for its emergency fund, committing to holding Bitcoin as its core reserve asset.Binance purchased another $304 million worth of Bitcoin (BTC) on Thursday, completing the conversion of $1…

3
Cryptocurrency

Bankers push OCC to slow crypto trust charters until GENIUS rules clarified

February 12, 2026

The American Bankers Association (ABA) is urging the Office of the Comptroller of the Currency (OCC) to slow its approval of national trust bank charters for crypto and stablecoin firms until the regulatory landscape under…

4
Cryptocurrency

Top Bitcoin traders refuse to turn bullish despite BTC’s 14% rebound: Here’s why

February 11, 2026

Key takeaways:The Bitcoin long-to-short indicator at Binance hit a 30-day low, signaling a sharp decline in bullish leverage demand.US-listed Bitcoin exchange-traded funds reversed a negative trend with $516 million in net inflows following a period…

Economy

Economy

Meet the high-profile Emirati business leader lawmakers are linking to Epstein ‘torture’ email

February 12, 2026
Economy

Mercedes shares fall 5% after full-year earnings halve on tariffs, China competition

February 12, 2026
Economy

House votes to override Trump’s Canada tariffs

February 12, 2026
Economy

The delayed January jobs report will be released Wednesday. Here’s what to expect

February 10, 2026
Economy

The AI threat wrecked software stocks. Now financial stocks look next with LPL closing 8% lower

February 10, 2026
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