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Corporate News

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…

Corporate News

Regional expansion to bode well for CTOS

May 7, 2024

PETALING JAYA: CTOS Digital Bhd continues to reap benefits from its recent expansion into Indonesia and the Philippines.

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Crypto World

1
Cryptocurrency

North Korea denies role in $6.3B Binance hack, points finger at US

November 3, 2026

Kim Yo Jong, the sister of North Korean leader Kim Jong Un, denied North Korea’s involvement in the $6.3 billion Binance hack and appeared to suggest, without evidence, that the US could have been behind…

2
Cryptocurrency

South Korea urges exchanges to boost cold storage after Binance hack

November 3, 2026

South Korea’s Financial Services Commission has urged domestic crypto exchanges to increase the proportion of assets held in cold wallets after the $6.3 billion attack on Binance last week. In a statement Monday, the FSC said…

3
Cryptocurrency

Binance begins second withdrawal phase following record hack

November 3, 2026

Binance plans to begin a second phase of cryptocurrency withdrawals on Tuesday following last week’s $6.3 billion hack.Withdrawals for additional assets are scheduled to resume progressively from 04:00 UTC on Tuesday, according to Binance’s latest…

4
Cryptocurrency

FBI blames North Korea for record $6.3B Binance hack

November 1, 2026

The FBI said that the Democratic People’s Republic of Korea (North Korea) was responsible for the theft of about $6.3 billion in digital assets from cryptocurrency exchange Binance on Thursday.The FBI said on Saturday in…

Economy

Economy

North Korea denies links to Binance hack as researchers trace stolen billions

November 3, 2026
Economy

OpenAI hires former U.S. Army Secretary Dan Driscoll for national security role

November 3, 2026
Economy

Palantir reports booming U.S. commercial revenue growth, topping government for first time

November 3, 2026
Economy

Binance resumes withdrawals following $6.3 billion hack, says 90% of stolen user assets are covered

November 1, 2026
Economy

Why AI is boosting Meta’s ad business while hurting Google search

November 1, 2026
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