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Corporate News

Corporate News

FBM KLCI hits intraday low; Lagenda Properties dives on MACC probe

May 29, 2024

KUALA LUMPUR: The benchmark FBM KLCI settled in the negative territory on Wednesday while technology counters were in focus.

Corporate News

Super Ring maker Oriental Food posts over 4-fold profit jump in 4Q24

May 29, 2024

KUALA LUMPUR: Oriental Food Industries Holdings Bhd remains positive about the sustained growth in local product demand, thanks to the…

Corporate News

YTL Power unit raises stake in Ranhill, triggers MTO

May 29, 2024

YTL Power International Bhd’s 70%-owned subsidiary SIPP Power Sdn Bhd has agreed to a RM405.18mil deal for about 31.42% equity…

Corporate News

Kerjaya Prospek aims for RM300mil sales in FY25

May 29, 2024

Kerjaya Prospek Property Bhd is targeting to achieve RM300mil in sales for its property developments during its financial year ending…

Corporate News

Union at Samsung Electronics in South Korea to take strike action

May 29, 2024

SEOUL: Samsung Electronics' union in South Korea has declared it will start taking strike action, including advising members as an initial…

Corporate News

MyEG reports higher 1Q net profit of RM155.83mil

May 29, 2024

KUALA LUMPUR: My EG Services Bhd’s (MYEG) net profit for the first quarter ended March 31, 2024 (1Q 2024) increased…

Corporate News

WCT returns to the black in 1Q with RM16mil net profit

May 29, 2024

KUALA LUMPUR: WCT Holdings Bhd maintains a positive outlook on the construction sector, boosted by a rise in construction activities…

Corporate News

CelcomDigi registers net profit of RM376mil in 1Q

May 29, 2024

On the back of a resilient first quarter, CelcomDigi Bhd will continue to focus on building strong fundamentals to achieve…

Corporate News

Maybank’s white papers on net zero

May 29, 2024

Malayan Banking Bhd (Maybank) will launch white papers on its net-zero pathway for two sectors – oil palm and power…

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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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