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Corporate News

Corporate News

Cabnet Holdings unit bags RM46mil sub-contract works

June 13, 2024

KUALA LUMPUR: Cabnet Holdings Bhd’s wholly-owned subsidiary Cabnet M&E Sdn Bhd has been appointed as the sub-contractor for electrical works…

Corporate News

Aeromexico investors seek US$500mil IPO

June 13, 2024

Apollo Global Management Inc and other investors are seeking to raise as much as US$500mil in an initial public offering…

Corporate News

SC appoints Mohammad Faiz Azmi as new executive chairman effective June 16

June 13, 2024

KUALA LUMPUR: The Securities Commission Malaysia (SC) has appointed Datuk Mohammad Faiz Azmi as the new executive chairman for a…

Corporate News

Victoria’s Secret beefs up marketing strategy

June 13, 2024

Victoria’s Secret, a leading US-based lingerie retailer that has been facing business as well as branding challenges in recent years,…

Corporate News

Energy sector remains resilient

June 13, 2024

The outlook for the utilities sector remains positive following its decent financial performance in the first quarter ended March 31,…

Corporate News

Sapura Energy says no adjustments needed after unqualified opinion on audited FY24 financials

June 13, 2024

KUALA LUMPUR: Sapura Energy Bhd said "no adjustments are needed for the recoverability and classification of assets or liabilities” after…

Corporate News

National Bank to buy CWB for US$3.6bil

June 13, 2024

National Bank of Canada agrees to buy Canadian Western Bank (CWB) for about C$5bil (US$3.6bil) in stock in a tie-up…

Corporate News

EMPOWERING MICRO ENTERPRISES TO EXPAND BUSINESSES

June 13, 2024

Micro enterprises play an important part in the Malaysian economy.

Corporate News

Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say

June 13, 2024

SINGAPORE/LONDON: Singapore's Temasek Holdings is finalising the sale of some assets from liquefied natural gas (LNG) trading firm Pavilion Energy…

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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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