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Category: Corporate News

Corporate News

National Bank to raise more equity for CWB deal after shares recover

July 18, 2024

National Bank of Canada is raising an additional C$20mil (US$15mil) in connection with its planned acquisition of Canadian Western Bank…

Corporate News

Goldman joins rivals in setting up new Middle East-focused fund

July 18, 2024

Goldman Sachs Group Inc is working on raising a Middle East-focused fund and has hired a long-time JPMorgan Chase &…

Corporate News

MNH earnings growth trajectory likely to improve

July 18, 2024

MN Holdings Bhd (MNH) is a key proxy of Malaysia’s rising energy demand, given its track record in executing Tenaga…

Corporate News

PepsiCo inks fertiliser deal to cut emissions

July 18, 2024

PepsiCo Inc has struck an agreement with fertiliser giant Yara International ASA to secure lower-emission crop nutrients for farmers it…

Corporate News

Zhulian 2Q net profit at RM6.6mil

July 18, 2024

Zhulian Corp Bhd expects its current financial year to remain challenging amid inflationary pressure.

Corporate News

CGC eyes 25% increase in guarantee issuances this year

July 18, 2024

KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) is targeting to grow its guarantees issuances by 25 per cent this year…

Corporate News

Australia’s No. 2 pension fund to scoop up smaller Qantas rival

July 18, 2024

Australian Retirement Trust (ART), the nation’s second-largest pension, agreed to merge with smaller rival Qantas Super, in the latest sign…

Corporate News

PTTS acquires land parcels for RM22mil

July 18, 2024

PTT Synergy Group Bhd (PTTS) has entered into sale and purchase agreements with Sime Darby Property Bhd’s units, Sime Darby…

Corporate News

SCIB secures RM70mil Islamic banking facilities

July 18, 2024

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) and its wholly owned subsidiary SCIB Industrialised Building System Sdn Bhd have secured two…

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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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