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Corporate News

Corporate News

Tex Cycle to buy Meridian World for RM55mil cash

June 13, 2024

KUALA LUMPUR: Tex Cycle Technology (M) Bhd has proposed to acquire the entire equity interest in Meridian World Sdn Bhd…

Corporate News

Long-term prospects of photovoltaics seen bright

June 13, 2024

Chinese solar companies say they remain optimistic about the long-term prospects of the photovoltaic (PV) sector, despite its complex industry…

Corporate News

Musk says Tesla shareholder vote for US$56bil pay package passing by wide margins

June 13, 2024

TESLA shareholder resolutions on Chief Executive Elon Musk's pay package and its move to shift legal headquarters to Texas are…

Corporate News

Budweiser China brewing greener future

June 13, 2024

Budweiser China eyes higher-standard green goals driven by the country’s green push, says its executive.

Corporate News

Ocean Fresh aims to raise RM14mil from ACE Market listing

June 13, 2024

Frozen seafood processor and trader Ocean Fresh Bhd aims to raise RM14.01mil through its initial public offering (IPO) as the…

Corporate News

Shein capitalises on emerging cross-border eCommerce platforms

June 13, 2024

Zhang Min has taken over his parents’ eyeglasses factory, which was founded more than a decade ago in Taizhou, Zhejiang…

Corporate News

S P Setia land disposal is at fair price, helps to lower group’s net debt

June 13, 2024

Analysts are generally positive about S P Setia Bhd’s disposal of 959.7-acre in Tebrau, Johor for RM564mil cash.

Corporate News

ACE Market-bound Go Hub Capital targets RM37.5mil from IPO

June 13, 2024

Transportation information technology (IT) solutions provider Go Hub Capital Bhd has scheduled a listing on the ACE Market of Bursa…

Corporate News

HSS associate wins treatment plant contract

June 13, 2024

HSS Engineers Bhd’s associate SMHB Sdn Bhd has agreed to conduct engineering consultancy services for the phase one construction project…

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Crypto World

1
Cryptocurrency

Bitcoin unspent transaction outputs signal capitulation underway: analyst

June 28, 2026

Analysis of Bitcoin unspent transaction outputs (UTXOs) shows that investors are capitulating, a pattern that has historically coincided with bear market bottoms. The ratio of the number of UTXOs spent in profit versus at a loss…

2
Cryptocurrency

Base post-mortem reveals sequencer bug behind back-to-back outages

June 28, 2026

A sequencer bug was responsible for two outages of the Coinbase layer-2 network Base last week, according to a post-mortem.  The Base engineering team said in a Saturday post-mortem that they identified a bug in sequencer…

3
Cryptocurrency

Grayscale’s Pandl hopes Strategy sells $3B in Bitcoin to restore confidence

June 28, 2026

Zach Pandl, head of research at Grayscale, said he hopes Strategy will sell at least $3 billion in Bitcoin to cover most of the company’s cash obligations for the next two years.In a Saturday X…

4
Cryptocurrency

SEC, CFTC seek input on unified portfolio margin rules across securities and derivatives

June 26, 2026

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have opened a joint public consultation on whether to better align portfolio margin rules across securities and derivatives markets, seeking feedback on…

Economy

Economy

U.S. military attacks Iranian targets after commercial tanker hit in the Strait of Hormuz

June 28, 2026
Economy

The memory shortage shaking Apple and Microsoft is ‘existential crisis’ for smaller players

June 28, 2026
Economy

Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate

June 26, 2026
Economy

Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%

June 26, 2026
Economy

U.S. strikes Iran after Trump accuses Tehran of ceasefire violation in Strait of Hormuz

June 26, 2026
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