Viasat shares fall on slow fixed broadband business
Viasat forecast annual revenue below Wall Street estimates in anticipation of a slowdown in its satellite services business, sending its…
Corporate News
Zantat aims to expand bioplastic product line
KUALA LUMPUR: Zantat Holdings Bhd managing director Ivan Chan says the launch of its bioplastic compound Earthya has been well-received…
Canada’s Hudbay Minerals to raise US$300mil in equity offering
Canadian copper miner Hudbay Minerals plans to raise US$300.2mil in an equity offering to help fund near-term growth initiatives at…
Microsoft debuts Copilot+ PCs with AI features
Microsoft debuted a new category of personal computers (PCs) with artificial intelligence (AI) features as it rushes to build the…
Pos Malaysia posts smaller 1Q loss, optimistic about 2024
Pos Malaysia Bhd, which posted a smaller net loss in the first quarter ended March 31 (1Q24), remains cautiously optimistic…
Zoom lifts annual forecasts on robust demand
Zoom Video Communications raised its annual forecast for profit and revenue, helped by robust demand for its product portfolio as…
Sunway to focus on core businesses
Sunway Bhd will continue to focus on its core businesses, particularly the healthcare, property development and construction segments.
Singapore firms continue to tap into China’s growth
Singapore companies are shrugging off short-term headwinds and keeping their eye on the long game as they continue to expand…
Hartalega records RM12.7mil net profit for FY24
Hartalega Holdings Bhd’s optimism over an improving industry outlook seems to paying off as the glove maker’s fortunes turned higher…