Australia’s top pension fund boosts critical minerals
AustralianSuper, the nation’s largest pension fund, has amassed a US$7.9bil critical-minerals portfolio that it plans to increase in the next…
Category: Corporate News
Hume Cement net profit jumps to RM61.06mil in 3Q
Hume Cement Industries Bhd’s net profit more than doubled to RM61.06mil in the third quarter (3Q) ended March 31, 2024,…
Petrobras does not rule out buying Braskem stake
Petrobras isn’t ruling out buying a majority stake in Braskem if the petrochemicals producer is at risk of deterioration.
Rise of cloud services augurs well for telco earnings
The market for cloud services in Malaysia is poised for growth, mainly catalysed by the government’s recent adoption of these…
CDL buys Hilton Paris hotel for US$260mil
City Developments Limited (CDL) has acquired Hilton Paris Opera Hotel from funds managed by Blackstone for €240mil (US$260mil).
Glove stocks surge in active trading
Bursa Malaysia-listed rubber glove counters got a huge boost yesterday, following the United States slapping steep tariff increases on China…
Frustration over UK’s stalled green policies
Britain’s failure to complete its sustainable finance framework is putting billions of pounds worth of funding at risk, according to…
Mah Sing continues to shine with its property arm
Kenanga Research is positive about the near-term prospects of Mah Sing Group Bhd following an overwhelming response to the recent…
Anglo and BHP battle is face-off of two CEOs
As Anglo American Plc sets out a survival plan that echoes the vision of its suitor BHP Group, the rival…