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Category: Corporate News

Corporate News

Uzma bags non-rig assisted services contract from ExxonMobil

May 14, 2024

PETALING JAYA: Uzma Bhd has received a letter of award from ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) for non-rig…

Corporate News

YTL Corp, YTL Power drive FBM KLCI upward

May 14, 2024

KUALA LUMPUR: Bursa Malaysia continued its uptrend on Tuesday, boosted by strong buying in YTL Corp and YTL Power International.

Corporate News

Apple supplier Foxconn’s first-quarter profit jumps 72% but misses forecasts

May 14, 2024

TAIPEI: Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming…

Corporate News

Rakuten logs US$213mil quarterly loss as mobile losses negate fintech growth

May 14, 2024

TOKYO: Japan's Rakuten Group on Tuesday logged an operating loss of 33.3 billion yen ($213 million) in the January-March quarter,…

Corporate News

Sony posts 7% fall in annual profit, narrowly misses PS5 target

May 14, 2024

TOKYO: Japan's Sony Group reported a 7% fall in annual operating profit on Tuesday, hit by the performance of its financial…

Corporate News

Delivery Hero in US$1.25bil deal with Uber for foodpanda Taiwan sale, investment

May 14, 2024

UBER announced on Tuesday a $1.25 billion deal to take over Delivery Hero's foodpanda business in Taiwan and buy new shares…

Corporate News

Trading ideas: TM, MISC, Capital A, PTT, Aurelius Tech, AME Elite, Score Builders, YNHP, Frontken and Mulpha

May 14, 2024

KUALA LUMPUR: Here is a recap of the leading headlines from Corporate Malaysia.

Corporate News

Cypark GCEO Datuk Daud Ahmad resigns

May 14, 2024

PETALING JAYA: Cypark Resources Bhd’s group chief executive officer Datuk Daud Ahmad has decided to step down from the company…

Corporate News

Heineken keeps its guard up after posting encouraging 1Q24

May 14, 2024

PETALING JAYA: Heineken Malaysia Bhd is keeping up its prudent outlook for the year, being mindful of the ongoing volatility…

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Crypto World

1
Cryptocurrency

The real arms race in Asia is block space, not TPS

September 9, 2025

Opinion by: Shawn Tabrizi, engineering lead at ParityIn pursuit of adoption, many Web3 builders are hyperfocused on a simple, seductive metric: transactions per second (TPS). Protocols have trumpeted numbers rivaling traditional payment rails, convinced that…

2
Cryptocurrency

Trump Media to let Truth Social users convert ‘gems’ into CRO tokens

September 9, 2025

Trump Media and Technology Group has updated its Truth Social platform to connect its digital rewards program with cryptocurrency.The company announced on Tuesday that Truth Social users subscribed to its Patriot Package, a paid version…

3
Cryptocurrency

Ripple’s SEC battle is over: Time to challenge SWIFT?

September 9, 2025

Ripple has finally finished its legal battle against the US Securities and Exchange Commission, bringing legal clarity to the underlying coin, XRP (XRP). Now observers are asking whether XRP can finally focus on providing a…

4
Cryptocurrency

Lessons learned from a graduate-level Bitcoin class

September 9, 2025

Bitcoin (BTC) has leapt from chat rooms and code repos into graduate syllabi. At the University of the Cumberlands (UC), students recently completed the eight-week course “Bitcoin: Fundamentals, Technology, and Applications.”This graduate course grappled with…

Economy

Economy

Performative or pragmatic? Why Boeing planes feature so much in Trump trade deals

September 9, 2025
Economy

AI firm Mistral valued at $14 billion as chip giant ASML takes major stake

September 9, 2025
Economy

Nebius shares soar 51% in premarket on Microsoft AI deal

September 9, 2025
Economy

One year in, Brian Niccol’s Starbucks looks different — but there are still more changes coming

September 9, 2025
Economy

Potential Trump tariff refund bill could top $1 trillion as Supreme Court fight looms

September 9, 2025
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