Hume Cement profit jumps to RM61.06mil in 3Q
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
EQT AB is bolstering its green ambitions by seeking to take one of Sweden’s largest wind park developers private.
Will there be a revival of SPACs in Malaysia?
It was a much welcomed move when the government announced plans last month to make Malaysia a destination for startups,…
SNS Network gets SC nod for Main Market transfer
KUALA LUMPUR: SNS Network Technology Bhd has obtained approval from the Securities Commission (SC) for its transfer to the Main…
India’s RE outfit SAEL plans maiden dollar bond sale
Indian renewable energy (RE) firm SAEL Ltd is planning an inaugural dollar bond sale targeting up to US$500mil, according to…
Prosecuters call for ex-Nuveen trader to be put behind bars
Former Nuveen LLC trader Lawrence Billimek should spend almost six years behind bars for front-running the firm’s trades as part…
YTL Corp, YTL Power drive FBM KLCI upward
KUALA LUMPUR: Bursa Malaysia continued its uptrend on Tuesday, boosted by strong buying in YTL Corp and YTL Power International.
Apple supplier Foxconn’s first-quarter profit jumps 72% but misses forecasts
TAIPEI: Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming…
Rakuten logs US$213mil quarterly loss as mobile losses negate fintech growth
TOKYO: Japan's Rakuten Group on Tuesday logged an operating loss of 33.3 billion yen ($213 million) in the January-March quarter,…