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Corporate News

Corporate News

Hume Cement profit jumps to RM61.06mil in 3Q

May 15, 2024

KUALA LUMPUR: Hume Cement Industries Bhd’s net profit more than doubled to RM61.06 million in the third quarter ended March…

Corporate News

EQT offers to buy wind developer OX2 in US$1.5bil deal

May 15, 2024

EQT AB is bolstering its green ambitions by seeking to take one of Sweden’s largest wind park developers private.

Corporate News

Will there be a revival of SPACs in Malaysia?

May 15, 2024

It was a much welcomed move when the government announced plans last month to make Malaysia a destination for startups,…

Corporate News

SNS Network gets SC nod for Main Market transfer

May 15, 2024

KUALA LUMPUR: SNS Network Technology Bhd has obtained approval from the Securities Commission (SC) for its transfer to the Main…

Corporate News

India’s RE outfit SAEL plans maiden dollar bond sale

May 15, 2024

Indian renewable energy (RE) firm SAEL Ltd is planning an inaugural dollar bond sale targeting up to US$500mil, according to…

Corporate News

Prosecuters call for ex-Nuveen trader to be put behind bars

May 15, 2024

Former Nuveen LLC trader Lawrence Billimek should spend almost six years behind bars for front-running the firm’s trades as part…

Corporate News

MHB gets RM174mil hospital development job

May 15, 2024

PETALING JAYA: Mitrajaya Holdings Bhd (MHB) has accepted a letter of award from Avisena Healthcare Sdn Bhd for the development…

Corporate News

Franchise Group looks for ways to trim debt

May 15, 2024

Franchise Group Inc, the firm at the centre of a controversy surrounding B. Riley Financial Inc’s finances, posted steep drops…

Corporate News

Swift Haulage’s 2H to improve on expansion in warehousing

May 15, 2024

Despite a weak first quarter (1Q24) performance, analysts remain largely positive on Swift Haulage Bhd on the hope the logistics…

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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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