business

Articles, videos, and related content associated with all aspects of Business and the culture surrounding business.

Marvell Technology Delivers Record Q2 Revenue of $2.74 Billion, Up 37% Year-on-Year
Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, reported record second-quarter revenue of $2.739 billion for the fiscal year 2027, representing a 37% year-on-year increase and surpassing the midpoint of the company's guidance by $39.0 million. The results were driven by continued robust demand across the company's Data Center portfolio, where revenue growth accelerated to 46% year-on-year.
By Mark Lim 2 months ago in Journal
What Changed Between Last Year's AGHA Sydney Fair and This One
A friend of mine who runs a small homewares shop in the Inner West texted me a few weeks ago, half-joking, half-panicked: "Wait, is the February gift fair not happening?" She wasn't wrong to be confused. If you've been sourcing stock in Sydney for any length of time, the AGHA calendar has been about as reliable as the sunrise — February, then September, every single year. So when I went digging to answer her, what I found was a bigger shift than either of us expected.
By Kate Brownell2 months ago in Journal
Sime Darby Berhad Posts 32.6% Core Profit Jump to RM1.55 Billion
Sime Darby Berhad reported a full-year core net profit of RM1.55 billion for the financial year ended 30 June 2026 (FY2026), representing a robust 32.6% increase compared to FY2025. The strong earnings growth was largely driven by stronger contributions from the Group's Motors division, which benefited from improved margins, higher electric vehicle sales, and dividend income from key regional operations.
By Mark Lim 2 months ago in Journal
Nasdaq Leads Market Rally as Nvidia Breaks Out and Software Stocks Surge
Dow Jones futures were little changed overnight, alongside S&P 500 futures and Nasdaq-100 futures, as investors digested a flurry of earnings reports from major technology companies and looked ahead to a key speech by Federal Reserve Chairman Kevin Warsh at the Jackson Hole monetary symposium on Friday morning.
By Mark Lim 2 months ago in Journal
Hong Kong Court Rejects PwC International Bid to Exit Evergrande Audit Negligence Claim
A Hong Kong court dismissed on Wednesday an application by PwC International to exclude the firm from a multibillion-dollar claim filed by the liquidators of China Evergrande Group, the embattled property developer that collapsed under US$300 billion in liabilities. The ruling paves the way for the liquidators to pursue their case against the global accounting network over alleged negligence in auditing the company's financial statements.
By Mark Lim 2 months ago in Journal
IJM Corp Retains BUY Calls as Data Centre Projects Drive 32% Profit Surge
IJM Corp Bhd has retained BUY calls from three major research houses RHB Research, Hong Leong Investment Bank (HLIB), and CIMB Securities, following a strong set of first-quarter results for FY2027 that beat market expectations. The construction-to-property group reported a 32% year-on-year increase in core profit to approximately RM116 million, driven largely by a remarkable 112% surge in construction pre-tax profit as work progressed on data centre and industrial projects.
By Mark Lim 2 months ago in Journal
MISC Said to Be Acquiring Yinson in Blockbuster FPSO Merger
MISC Bhd is reportedly making an offer to acquire Yinson Holdings Bhd in a move that would create a colossal owner and operator of floating production, storage, and offloading (FPSO) vessels, with a combined fleet of 23 offshore assets. According to a source familiar with the negotiations, the acquisition would be conducted through a consortium that may include the Employees Provident Fund (EPF) and Yinson's controlling shareholder, Lim Han Weng. If the rumour materialises, it would mark the second time Yinson has become an acquisition target, following a failed attempt last year by the Lim family to take the group private in partnership with US-based Stonepeak Partners.
By Mark Lim 2 months ago in Journal
Hong Leong Financial Group Posts 11% Profit Jump, Declares 57 Sen Dividend
Hong Leong Financial Group Bhd (HLFG) has declared a dividend of 57 sen per share following the announcement of a robust 11% increase in net profit for the fourth financial quarter ended June 30, 2026 (4QFY2026). The financial services arm of the Hong Leong Group reported quarterly net profit of RM945.5 million, up from RM852.3 million a year earlier, while revenue expanded 16% year-on-year to RM2.05 billion from RM1.76 billion, according to a bourse filing.
By Mark Lim 2 months ago in Journal
From Data Overload to Business Insight: Building Systems People Can Actually Use
Businesses today have no shortage of information. Customer records, sales activity, marketing performance, service conversations, financial data, and operational metrics are collected across countless systems. Yet more information does not necessarily produce better decisions. In many organizations, employees spend considerable time searching for data, checking its accuracy, and moving it between platforms. The real challenge is not collecting more information. It is creating systems that turn information into something people can understand, trust, and use.
By Solution Boxes2 months ago in Journal
Maybank Targets Wealth Management as Key Growth Engine Amid Rising Asean Affluence
Maybank expects its wealth management business to remain a key growth engine, underpinned by rising affluence across ASEAN and significant room to deepen penetration among its sizeable customer base, particularly in Malaysia.
By Mark Lim 2 months ago in Journal
Corporate Malaysia Roundup: Key Earnings, Contracts and Strategic Moves
Corporate Malaysia saw a flurry of announcements this week, spanning major contract wins, strong earnings performances, strategic buyout bids, and a few significant setbacks. Here is a recap of the key developments.
By Mark Lim 2 months ago in Journal
How to Choose a Tax Preparation Outsourcing Partner That Fits Your Tech Stack
Tax firms increasingly rely on connected software for document collection, workflow management, accounting, tax preparation, e-signatures, and client communication. When outside professionals become part of that environment, technical compatibility matters almost as much as tax expertise.
By Solution Boxes2 months ago in Journal