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Category: Corporate News

Corporate News

M&A Securities and Newparadigm back Siab’s acquisition of Taghill with rights issue

May 7, 2024

KUALA LUMPUR: Siab Holdings Bhd has announced its plans to raise approximately RM103.98mil through private placement, of which RM12mil has…

Corporate News

Pekat unit in negotiations over purchase of stake in electrical power solutions firm

May 7, 2024

KUALA LUMPUR: Pekat Group Bhd's wholly-owned subsdiary Pekat Teknology Sdn Bhd has entered into negotiations with Apex Power Industry Sdn…

Corporate News

Amazon to spend nearly US$9bil to expand cloud infra in Singapore

May 7, 2024

AMAZON.com plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in…

Corporate News

KLK’s recruitment issues to be short-lived, say analysts

May 7, 2024

KUALA LUMPUR: The fallout from recent allegations regarding Kuala Lumpur Kepong Bhd's (KLK) recruitment agency in Nepal is likely to…

Corporate News

Trading ideas: Ho Hup, Favelle, KKB, Nice, Sunzen Biotech, Sin-Kung, Ireka, Malaysian Genomics, RHB, Seng Fong

May 7, 2024

KUALA LUMPUR: Here is a summary of recent corporate announcements that made headlines

Corporate News

Brooks sees China and Europe as growth areas – Markets start to open again after Russia-Ukraine war

May 7, 2024

OMAHA: The new chief executive of Brooks Running says the running shoe maker owned by Warren Buffett’s Berkshire Hathaway views…

Corporate News

Seng Fong Holdings cautiously optimistic on growth

May 7, 2024

PETALING JAYA: Seng Fong Holdings Bhd remains cautiously optimistic about achieving sustainable growth in its operations while continuing to register…

Corporate News

SNS sees strong one-day jump in share price

May 7, 2024

PETALING JAYA: SNS Network Technology Bhd saw a strong one-day jump in its share price by 19% and it was…

Corporate News

EPF is QL Resources major shareholder

May 7, 2024

PETALING JAYA: QL Resources Bhd hit a three-year intraday high yesterday after the Employees Provident Fund (EPF) emerged as a…

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Crypto World

1
Cryptocurrency

Investors funnel $32B into US crypto ETFs despite year-end pullback

January 1, 2026

US investors poured over $31.77 billion into US crypto exchange-traded funds in 2025 despite the crypto markets stumbling towards the final months of the year. US spot Bitcoin (BTC) ETFs took the lion’s share of investor…

2
Cryptocurrency

Final nail in the 4-year cycle? BTC ends year after halving in the red

January 1, 2026

Bitcon has ended 2025 lower than it began, marking the first time it’s fallen in a post-halving year. Bitcoin (BTC) halvings occur every four years, when mining rewards are cut in half and fewer new…

3
Cryptocurrency

Trader bags $1M from ‘abnormal’ BROCCOLI714 memecoin activity on Binance

January 1, 2026

A trader claimed to have profited about $1 million on New Year’s Day by capitalizing on “abnormal” trading behavior of a suspected market maker account on Binance.Investor Vida said on X that the abnormal trading…

4
Cryptocurrency

Tether snaps up another 8,888 BTC, now fifth-largest Bitcoin wallet

January 1, 2026

Tether picked up 8,888 Bitcoin (BTC) on New Year’s Eve, increasing its disclosed Bitcoin stash to more than 96,000 to close out 2025, its CEO Paolo Ardoino said.The USDt (USDT) stablecoin issuer has become one…

Economy

Economy

Novo Nordisk enters 2026 on the defense as it faces a ‘must-win’ battle in the U.S. market

January 1, 2026
Economy

Gold, silver prices fall after CME raises precious metals margins — again

January 1, 2026
Economy

‘Big Short’ investor Michael Burry says he’s not shorting Tesla

January 1, 2026
Economy

Trump’s first vetoes of his second term hit bipartisan infrastructure projects, draw accusations of retribution

January 1, 2026
Economy

Dust to data centers: The year AI tech giants, and billions in debt, began remaking the American landscape

January 1, 2026
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