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Category: Corporate News

Corporate News

Ancom Nylex posts record profit of RM81.47mil in FY24, upbeat on prospects

July 18, 2024

KUALA LUMPUR: Ancom Nylex Bhd is upbeat on its growth prospects on the back of a record bottomline achieved in…

Corporate News

Employees at China financial firms face pay clawbacks

July 18, 2024

Some of China’s largest state-backed financial firms are asking employees in Hong Kong to return a portion of their pay,…

Corporate News

Bintai Kinden gets contracts worth RM26mil

July 18, 2024

Bintai Kinden Corp Bhd has secured two contracts for a semi-detached and townhouse project in Selangor as well as temporary…

Corporate News

Haily unit secures RM76.65mil award for construction of link houses in JB

July 18, 2024

KUALA LUMPUR: Haily Group Bhd's wholly-owned subsidiary Haily Construction Sdn Bhd has secured a RM76.65mil contract from Razin Architects Sdn…

Corporate News

SKP poised for stronger earnings in FY25

July 18, 2024

SKP Resources Bhd is expected to deliver stronger earnings performance for financial year 2025 (FY25) as its order visibility has…

Corporate News

BIG Industries ceases concrete ops

July 18, 2024

BIG Industries Bhd has announced the cessation of business of its concrete division to minimise the group’s losses.

Corporate News

Sapura Resources unit to explore JV on aircraft-related services

July 18, 2024

KUALA LUMPUR: Sapura Resources Bhd's wholly-owned subsidiary Sapura Aero Sdn Bhd has entered into a memorandum of understanding with MRO…

Corporate News

ILB Group unit makes double buy

July 18, 2024

ILB Group Bhd’s wholly owned subsidiary IL Energy Sdn Bhd (ILE) has agreed to purchase all of Armani Sinar Sdn…

Corporate News

AmanahRaya REIT inks long-term tenancy with ALFA International College

July 18, 2024

KUALA LUMPUR: AmanahRaya Real Estate Investment Trust (REIT) has signed a long-term tenancy agreement with ALFA International College Sdn Bhd…

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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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