Better gaming earnings forecast for 4Q23
PETALING JAYA: As investors look ahead to the fourth-quarter 2023 (4Q23) corporate results, the gaming sector is set for a…
OpenAI in investor deal valuing it at US$80bil
San Francisco: OpenAI has concluded a deal with investors that reportedly values the California start-up at US$80bil or more, after…
Positive outlook for banking sector
PETALING JAYA: Despite enjoying an earnings recovery, valuations of local banks are currently hovering close to Covid-19 pandemic levels, which…
Value unlocking initiatives stand MRCB in good stead
PETALING JAYA: Malaysian Resources Corp Bhd’s (MRCB) project pipeline is expected to start materialising in 2024 as the group benefits…
Ge-Shen primed for more M&As?
PETALING JAYA: Something is brewing in electronics manufacturing services (EMS) player Ge-Shen Corp Bhd. Its stock price is up almost…
C4 Sarawak poised for major expansion
KUCHING: Sarawak’s first industrial microalgae production project led by Japan’s Chitose Group is set for a major expansion.
Brazil court fines firms US$50mil for deadly cave-in
Rio de Janeiro: A Brazilian court has fined executives and companies including French transportation giant Alstom nearly US$50mil for a…
Higher production set to enhance MSC’s growth
PETALING JAYA: Following below-expectation earnings in 2023, Malaysia Smelting Corp Bhd (MSC) could see more meaningful growth this year. Backing…
Vietnamese banks pour US$41bil into real estate market in 2023
HANOI: A total of 2.75 quadrillion dong (US$41bil) went into the property market in 2023, according to the State Bank…