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Category: Corporate News

Corporate News

TSMC Q2 revenue jumps on AI boost, handily beats market forecasts

July 10, 2024

TAIPEI: TSMC, the world's largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday that handily beat market forecasts,…

Corporate News

AppAsia to explore collaboration in integrated circuit design

July 10, 2024

KUALA LUMPUR: AppAsia Bhd has entered into a memorandum of understanding (MoU) with CMSC Inc to explore the setting up…

Corporate News

Samsung Elec union in South Korea says it will strike indefinitely

July 10, 2024

SEOUL: A workers' union at tech giant Samsung Electronics in South Korea said on Wednesday it would continue to strike…

Corporate News

Solarvest appoints Daniel Ruppert as chief investment officer

July 10, 2024

KUALA LUMPUR: Solarvest Holdings Bhd has appointed Daniel Ruppert as chief investment officer effective July 1, 2024.

Corporate News

Trading ideas: Gamuda, IJM, CTOS, GHL, Ann Joo, Tex Cycle, Vestland, Maxim, Theta, Sarawak Cable, Eduspec, MClean, Vetece, RichTe

July 10, 2024

KUALA LUMPUR: Here is a summary of the announcements that made headlines in Corporate Malaysia.

Corporate News

Aeon Credit to maintain business momentum

July 10, 2024

KUALA LUMPUR: Aeon Credit Service (M) Bhd aims to maintain its business momentum by leveraging on the wider Aeon Group…

Corporate News

HSBC eyes payouts, new roles for sidelined execs

July 10, 2024

As HSBC prepares to name its third chief executive officer (CEO) in nine years, the bank is exploring financial incentives…

Corporate News

Yuwang Plantation emerges as a substantial shareholder of Nextgreen Global

July 10, 2024

PETALING JAYA: Yuwang Plantation Sdn Bhd has emerged as a substantial shareholder of Nextgreen Global Bhd (NGGB) following the acquisition…

Corporate News

Russian tycoons prosper as war economy booms

July 10, 2024

Russian tycoons received billions of dollars in dividends as their companies resumed or boosted payouts amid easing economic uncertainty over…

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Crypto World

1
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

2
Cryptocurrency

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

May 2, 2026

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining…

3
Cryptocurrency

A16z sides with CFTC against states seeking to ban prediction markets

May 2, 2026

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital…

4
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

Economy

Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
Economy

Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era

May 2, 2026
Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
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