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Category: Corporate News

Corporate News

National Bank to raise more equity for CWB deal after shares recover

July 18, 2024

National Bank of Canada is raising an additional C$20mil (US$15mil) in connection with its planned acquisition of Canadian Western Bank…

Corporate News

Goldman joins rivals in setting up new Middle East-focused fund

July 18, 2024

Goldman Sachs Group Inc is working on raising a Middle East-focused fund and has hired a long-time JPMorgan Chase &…

Corporate News

MNH earnings growth trajectory likely to improve

July 18, 2024

MN Holdings Bhd (MNH) is a key proxy of Malaysia’s rising energy demand, given its track record in executing Tenaga…

Corporate News

PepsiCo inks fertiliser deal to cut emissions

July 18, 2024

PepsiCo Inc has struck an agreement with fertiliser giant Yara International ASA to secure lower-emission crop nutrients for farmers it…

Corporate News

Zhulian 2Q net profit at RM6.6mil

July 18, 2024

Zhulian Corp Bhd expects its current financial year to remain challenging amid inflationary pressure.

Corporate News

CGC eyes 25% increase in guarantee issuances this year

July 18, 2024

KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) is targeting to grow its guarantees issuances by 25 per cent this year…

Corporate News

Australia’s No. 2 pension fund to scoop up smaller Qantas rival

July 18, 2024

Australian Retirement Trust (ART), the nation’s second-largest pension, agreed to merge with smaller rival Qantas Super, in the latest sign…

Corporate News

PTTS acquires land parcels for RM22mil

July 18, 2024

PTT Synergy Group Bhd (PTTS) has entered into sale and purchase agreements with Sime Darby Property Bhd’s units, Sime Darby…

Corporate News

SCIB secures RM70mil Islamic banking facilities

July 18, 2024

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) and its wholly owned subsidiary SCIB Industrialised Building System Sdn Bhd have secured two…

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Crypto World

1
Cryptocurrency

Crypto funds notch $1.9B of inflows as Bitcoin rebounds

June 16, 2025

Cryptocurrency investment products continued their multi-week inflow streak as Bitcoin traded close to new highs and Ether briefly surged past $2,800 for the first time since February.Global crypto exchange-traded products (ETPs) recorded $1.9 billion of…

2
Cryptocurrency

$112K BTC was not ‘bull market peak’: 5 things to know in Bitcoin this week

June 16, 2025

Bitcoin (BTC) starts a new week in full recovery mode as bulls erase Israel-Iran losses. What’s next for BTC price action?A solid weekly close and a trip past $107,000 put BTC/USD in a strong position…

3
Cryptocurrency

Tether blocks $12.3M in USDT tied to suspicious Tron addresses

June 16, 2025

Tether, issuer of the world’s largest stablecoin, USDt, has frozen over $12.3 million of digital assets on the Tron Network, continuing its clampdown on illicit activity in the crypto space.Tether froze the USDt (USDT) at…

4
Cryptocurrency

Ex-TON Foundation exec launches crypto investment app on Telegram

June 16, 2025

A former TON Foundation executive is launching Affluent, a cryptocurrency investment app on Telegram featuring yields and lending.Affluent, a money market protocol built on Telegram-linked blockchain, The Open Network (TON), announced its full launch Monday.Co-founded…

Economy

Economy

Santos shares soar over 15% on ADNOC-led group’s $18.7 billion takeover bid

June 16, 2025
Economy

China’s May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption

June 16, 2025
Economy

Energy giants Baker Hughes, Woodside shy away from making oil forecasts as Iran-Israel conflict escalates

June 16, 2025
Economy

Taiwan blacklists China’s Huawei and SMIC, further aligning with U.S. trade policy

June 16, 2025
Economy

Suspect Vance Boelter apprehended in Minnesota lawmakers shooting case

June 16, 2025
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