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…
Category: Corporate News
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,…
Sony posts 7% fall in annual profit, narrowly misses PS5 target
TOKYO: Japan's Sony Group reported a 7% fall in annual operating profit on Tuesday, hit by the performance of its financial…
Delivery Hero in US$1.25bil deal with Uber for foodpanda Taiwan sale, investment
UBER announced on Tuesday a $1.25 billion deal to take over Delivery Hero's foodpanda business in Taiwan and buy new shares…
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KUALA LUMPUR: Here is a recap of the leading headlines from Corporate Malaysia.
Cypark GCEO Datuk Daud Ahmad resigns
PETALING JAYA: Cypark Resources Bhd’s group chief executive officer Datuk Daud Ahmad has decided to step down from the company…
Heineken keeps its guard up after posting encouraging 1Q24
PETALING JAYA: Heineken Malaysia Bhd is keeping up its prudent outlook for the year, being mindful of the ongoing volatility…
BCB buys land in Batu Pahat, Johor for RM83.71mil
PETALING JAYA: BCB Bhd is acquiring 59 parcels of freehold land in Batu Pahat, Johor from Lian Hup Seng Sdn…
Teo Seng sees better productivity for 2024
PETALING JAYA: Teo Seng Capital Bhd expects better productivity for 2024 and expects its financial performance for the remainder of…