AI boom set to fuel data centre deals in Asia
Global private equity investors and asset managers are readying for billions of US dollars worth of mergers and acquisitions (M&A)…
Category: Corporate News
Global automotive giants seek Beijing tech allies
Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the…
Rig dearth aggravates Indonesia’s declining oil and gas production
Pertamina EP, the exploration and production arm of state-owned oil and gas company Pertamina, blamed a dearth of oil rigs…
Twin threats may weigh down PetDag’s prospects
Petronas Dagangan Bhd’s (PetDag) medium-term prospects appear challenging in the face of a potential reduction in fuel subsidies.
Carsome turns Ebitda positive in 1Q24 on business scale
Online used car platform Carsome Group Inc, which reported its first quarterly earnings before interest, taxes, depreciation and amortisation (Ebitda)…
JPMorgan limits exposure to Segantii amid insider-trading case
JPMorgan Chase & Co is limiting dealings with Simon Sadler’s Segantii Capital Management Ltd, the Asian hedge fund giant charged…
OCK set to gain from robust Laos telecoms market
OCK Group Bhd’s foray into Laos is deemed as a good venture, given the robust growth prospects.
US revokes some export licences for supplying China’s Huawei
The United States has revoked some licences that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications…
Optimistic growth prospects for Focus Point Holdings
Focus Point Holdings Bhd’s growth prospects are driven by expansion of new optical outlets, improved food and beverage (F&B) performance…