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Corporate News

Corporate News

Leong Hup to do well on demand for poultry

June 5, 2024

Leong Hup International Bhd aims to further reduce total borrowings to lower finance costs in the current high interest rate…

Corporate News

Elliott rebuilds stake in SoftBank and pushes for US$15bil buyback, FT reports

June 5, 2024

JAPANESE technology investor SoftBank Group's shares closed at a three-year high on Wednesday after the Financial Times reported that activist investor…

Corporate News

No issues for TNB from implementation of third-party access

June 5, 2024

The upcoming implementation of third-party access (TPA) framework is not expected to be a threat to the country’s sole electricity…

Corporate News

US-sanctioned company not a semiconductor manufacturer, says Miti

June 5, 2024

KUALA LUMPUR: The Ministry of Investment, Trade and Industry (Miti) has clarified that a Malaysian company recently sanctioned by the…

Corporate News

PAAB receives award for water industry contributions

June 5, 2024

Pengurusan Aset Air Bhd (PAAB) has bagged the prestigious “IEM Award for Contribution to the Engineering Industry in Malaysia 2024”…

Corporate News

BHP faces patience test after Anglo takeover fails

June 5, 2024

Days after BHP Group failed to secure the US$49bil takeover of smaller rival Anglo American Plc, investors have one message…

Corporate News

Datasonic bags RM182mil KDN job extensions

June 5, 2024

Datasonic Group Bhd has received five letters of extension from the Home Ministry (KDN) totalling RM181.66mil.

Corporate News

Nvidia and AMD square off in fight to take control of AI adoption

June 5, 2024

Nvidia Corp and Advanced Micro Devices Inc’s (AMD) chiefs showcased new generations of the chips powering the global boom in…

Corporate News

Novan Amirudin is CIMB’s new group CEO

June 5, 2024

CIMB Group Holdings Bhd has appointed Novan Amirudin as its group chief executive officer (CEO).

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Crypto World

1
Cryptocurrency

Can AI drain DeFi? Separating Claude Mythos hype from reality

June 29, 2026

Claude Mythos and DeFi: Real threat or overblown fear?When Anthropic introduced Claude Mythos-class models as its most advanced AI system for cybersecurity, it drew the usual mix of reactions from crypto communities. The lineup included…

2
Cryptocurrency

BNY adds USDC minting and redemption to institutional custody platform

June 29, 2026

BNY has expanded its Digital Asset Custody platform to let institutional clients store, transfer, mint and redeem Circle's USD Coin, making it the first stablecoin supported on the platform.The new capabilities allow BNY clients to…

3
Cryptocurrency, Markets

Bitcoin balances $60K tightrope as US stocks rebound on fresh Iran peace deal hopes

June 29, 2026

Bitcoin (BTC) struggled near $60,000 around Monday’s Wall Street open as bulls increasingly risked a support/resistance flip.Key points:Bitcoin bulls face an uphill struggle to flip $60,000 back to support, even as US stocks see fresh…

4
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…

Economy

Economy

Here’s how Trump Accounts could affect women’s retirement savings gap

June 29, 2026
Economy

Alphabet stock pops 4% on Dow debut, but the tech giant faces major AI questions

June 29, 2026
Economy

Supreme Court rules Trump cannot fire Fed Governor Lisa Cook for now

June 29, 2026
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
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