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Category: Corporate News

Corporate News

Bank of America says it will invest more in trading arm

July 18, 2024

Bank of America Corp is putting more money and balance sheet resources behind its trading business, according to chief executive…

Corporate News

Alliance Bank loan expansion to remain resilient

July 18, 2024

Alliance Bank Malaysia Bhd’s (ABMB) loan growth is expected to remain resilient, underpinned by small and medium enterprises’ (SME) loans…

Corporate News

PTTS acquires two pieces of land from Sime Darby Property for RM22mil

July 17, 2024

PETALING JAYA: PTT Synergy Group Bhd (PTTS) has entered into sale and purchase agreements with Sime Darby Property (Serenia City)…

Corporate News

Adidas jumps 5% after second outlook hike, strong Q2

July 17, 2024

ADIDAS shares jumped as much as 5% on Wednesday, hitting their highest in over two years, after the German sportswear…

Corporate News

Hong Seng Consolidated acquires Hong Seng Frontier for RM45mil

July 17, 2024

PETALING JAYA: HS Green Valley Sdn Bhd (HSGV), a wholly-owned subsidiary of Hong Seng Consolidated Bhd, has entered into an…

Corporate News

Berjaya Rail joins Malaysia Rail Industry Corp as new member

July 17, 2024

KUALA LUMPUR: Berjaya Rail Sdn Bhd (Berjaya Rail), which is eyeing the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project, has…

Corporate News

BIG Industries announces cessation of concrete division

July 17, 2024

PETALING JAYA: BIG Industries Bhd has announced the cessation of business of its concrete division to minimise the group’s losses.

Corporate News

Zhulian expects inflationary pressures to impact consumer spending

July 17, 2024

PETALING JAYA: Zhulian Corp Bhd expects its current financial year to remain challenging, amid inflationary pressures on consumers’ ability and…

Corporate News

ILB Group to purchase solar assets totalling RM98mil

July 17, 2024

PETALING JAYA: IL Energy Sdn Bhd (ILE), a wholly-owned subsidiary of ILB Group Bhd, has agreed to purchase all of…

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Crypto World

1
Cryptocurrency

Crypto funds notch $1.9B of inflows as Bitcoin rebounds

June 16, 2025

Cryptocurrency investment products continued their multi-week inflow streak as Bitcoin traded close to new highs and Ether briefly surged past $2,800 for the first time since February.Global crypto exchange-traded products (ETPs) recorded $1.9 billion of…

2
Cryptocurrency

$112K BTC was not ‘bull market peak’: 5 things to know in Bitcoin this week

June 16, 2025

Bitcoin (BTC) starts a new week in full recovery mode as bulls erase Israel-Iran losses. What’s next for BTC price action?A solid weekly close and a trip past $107,000 put BTC/USD in a strong position…

3
Cryptocurrency

Tether blocks $12.3M in USDT tied to suspicious Tron addresses

June 16, 2025

Tether, issuer of the world’s largest stablecoin, USDt, has frozen over $12.3 million of digital assets on the Tron Network, continuing its clampdown on illicit activity in the crypto space.Tether froze the USDt (USDT) at…

4
Cryptocurrency

Ex-TON Foundation exec launches crypto investment app on Telegram

June 16, 2025

A former TON Foundation executive is launching Affluent, a cryptocurrency investment app on Telegram featuring yields and lending.Affluent, a money market protocol built on Telegram-linked blockchain, The Open Network (TON), announced its full launch Monday.Co-founded…

Economy

Economy

Santos shares soar over 15% on ADNOC-led group’s $18.7 billion takeover bid

June 16, 2025
Economy

China’s May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption

June 16, 2025
Economy

Energy giants Baker Hughes, Woodside shy away from making oil forecasts as Iran-Israel conflict escalates

June 16, 2025
Economy

Taiwan blacklists China’s Huawei and SMIC, further aligning with U.S. trade policy

June 16, 2025
Economy

Suspect Vance Boelter apprehended in Minnesota lawmakers shooting case

June 16, 2025
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