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CHARLOTTE, N.C., April 16 -- Bank of America has released its financial results for the first quarter of 2026, providing investors with detailed disclosures through its Investor Relations platform and regulatory filings yesterday. The company published its earnings release, supplemental financial information, and investor presentation on its official Investor Relations website. In addition, a Form 8-K containing the quarterly results has been filed with the U.S. Securities and Exchange Commission. Chair and CEO Brian Moynihan, alongside Chief Financial Officer Alastair Borthwick, is scheduled to discuss the results during an investor conference call held at 8:30 a.m. ET. The session includes a live audio webcast and presentation slides accessible via the company’s website, with replay options available through April 24. Bank of America remains one of the world’s largest financial institutions, serving nearly 70 million clients globally. The bank operates approximately 3,500 retail financial centers and around 15,000 ATMs across the United States, supported by a rapidly growing digital platform with approximately 59 million verified users. The company continues to maintain a strong presence in wealth management, corporate and investment banking, and global markets, serving corporations, governments, institutions, and individual clients in more than 35 countries. Its stock is listed on the New York Stock Exchange under the ticker symbol BAC. Further updates, including dividend announcements and corporate developments, are available through the company’s newsroom and investor communications channels. /PRNewswire/

BANK OF AMERICA REPORTS FIRST-QUARTER 2026 FINANCIAL RESULTS

CHARLOTTE, N.C., April 16 — Bank of America has released its financial results for the first quarter of 2026, providing investors with detailed disclosures through its Investor Relations platform and .... read more

MONTREAL, April 16 -- PMET Resources Inc. has announced the launch of a strategic testwork program with Koch Technology Solutions to evaluate advanced processing pathways for caesium at its flagship Shaakichiuwaanaan Project in Quebec, Canada. The initiative aims to convert pollucite concentrates—an ore rich in caesium—into high-value chemical products using proprietary recovery technologies developed by Koch Technology Solutions, part of Koch Inc.. The collaboration marks a significant step toward commercializing what PMET believes to be one of the world’s largest and highest-grade caesium discoveries. PMET’s Shaakichiuwaanaan Project, located in the James Bay region, already ranks among the largest lithium pegmatite resources globally. The site also hosts a substantial in-situ caesium resource, positioning the company as a potential key supplier of the rare and strategically important metal. CEO Ken Brinsden said the partnership is a critical milestone in unlocking the project’s full value. “This program represents a major step towards developing high-value caesium chemical products and strengthening our position in critical mineral supply chains, particularly in the United States,” he said. The testwork program, expected to run over the next four months, will assess multiple processing routes to produce value-added caesium compounds. These materials are widely used in defense, aerospace, energy systems, and advanced electronics—sectors experiencing growing demand for secure and reliable supply. Koch Technology Solutions’ Critical Minerals Business Leader, Garrett Krall, emphasized the technical collaboration. “This project reflects our ability to apply innovative process technologies to help unlock the value of critical mineral resources,” he said. The move comes as global interest in critical minerals intensifies, with governments and industries seeking to secure supply chains for materials essential to modern technologies. By advancing downstream processing capabilities, PMET aims to capture higher margins and strengthen its role in the global critical minerals market. The company noted that the program builds on ongoing efforts to explore commercial pathways following its caesium discovery, potentially creating a new high-value revenue stream alongside lithium production. /PRNewswire/

PMET LAUNCHES STRATEGIC CAESIUM PROCESSING PROGRAM WITH KOCH TECHNOLOGY SOLUTIONS

MONTREAL, April 16 — PMET Resources Inc. has announced the launch of a strategic testwork program with Koch Technology Solutions to evaluate advanced processing pathways for caesium at its flagship .... read more

Biodiesel B100 has the potential to be a strategic alternative for the country’s energy

KUALA LUMPUR: Palm-based B100 biodiesel has the potential to be a strategic alternative in strengthening the country’s energy security, especially in weathering the uncertainty of global fuel supply, said FGV .... read more

China International Battery Fair 2026 Shapes the Next Era of Battery Technology

SHENZHEN, China, April 13, 2026 /PRNewswire/ — The 18th China International Battery Fair (CIBF2026) is set to open on May 13–15 at the Shenzhen World Exhibition & Convention Center. This .... read more

ADX leads listed companies at Global Investors Roadshow in Hong Kong

ABU DHABI, UAE, April 13, 2026 /PRNewswire/ — The Abu Dhabi Securities Exchange (ADX) Group and its listed companies are heading to Hong Kong for its annual Global Investor Outreach .... read more

"So far, stimulus is not needed. Providing stimulus now will only add to the inflationary pressure." "Stimulus is only needed if inflation concerns grow to the point of affecting economic growth, as happened during the COVID-19 crisis," he said at a press conference today on Part 1 of the Malaysia Economic Monitoring Report (MEM) April 2026 titled 'Raising the Ceiling, Raising the Floor, Advancing Malaysia's Jobs and Productivity Agenda' . -- BERNAMA

Malaysia does not need stimulus, despite West Asia crisis – World Bank

KUALA LUMPUR: Malaysia does not need an economic stimulus despite facing the West Asian crisis, said the World Bank’s Chief Economist for Malaysia, Dr Apurva Sanghi. He said providing stimulus .... read more

KUALA LUMPUR, 10 APRIL -- The global economy is currently under pressure from the ongoing West Asian crisis which could potentially require financial assistance of up to US$50 billion (US$1 = RM3.98) to help vulnerable countries cope with the shock, according to the International Monetary Fund (IMF). IMF Managing Director Kristalina Georgieva said the war had also triggered a significant, global and asymmetric supply shock, disrupting energy flows, price spikes and putting pressure on supply chains around the world. Oil and liquefied natural gas (LNG) supplies have proven to be widely affected, which has only contributed to increased inflation and economic uncertainty at the global level. He also referred to the Ras Laffan Complex in Qatar which was described as "very important evidence" in terms of the effectiveness and accuracy of strategic investments, capable of producing 93 percent of the Gulf region's LNG, with approximately 80 percent of it destined for Asia Pacific destinations - a region that is currently experiencing a serious fuel shortage. "The Laffan race has been essentially closed since March 2 with immediate effect on March 19 and will likely take three to five years to fully recover," he said in Washington on Thursday (local time). Georgieva said the impact was also felt most severely by oil-importing countries and those with fiscal capacity constraints, while energy-exporting countries were also no exception in terms of cost spikes and wider economic disruption. The IMF also expects global growth to slow down in all scenarios, even if the situation changes for the better, as infrastructure damage, supply disruptions and declining confidence are the main factors hampering the outlook. To address the crisis, the IMF projects that demand for balance of payments support could potentially increase by US$20 billion to US$50 billion in the near future, with the lower estimate depending on how well the ceasefire holds. "Two things need to be emphasized: (first) the range figure could have been much higher if most emerging economies had not implemented good policies, including some of the large ones, over the past few decades." "Secondly, we all have sufficient resources to deal with this shock," he said. Georgieva also advised policymakers to respond more cautiously, avoiding steps or approaches that could worsen the global situation while focusing on vulnerable populations and maintaining price stability. The IMF also stressed the importance of strong economic fundamentals and policy discipline, and that countries with greater fiscal space and significant resilience are better positioned to manage the shock. "Policymakers can help in many ways and of course, they also need to be careful not to make the situation worse." "In this regard, I urge all countries to reject any unilateral action -- export controls, price controls and so on that could further affect the global situation," he said. Despite the crisis, Georgieva said, there are still better prospects when some countries act to reexamine relations and see more new opportunities. "For example, ASEAN. Trade within ASEAN is about 20 percent. In comparison, trade within the European Union is 60 percent. So why don't these countries increase trade with each other?" "These are aspects that need to be examined and the IMF wants to help them not only create more encouraging trade relations, but also examine collective strengths that can be leveraged." "The same thing also involves the Gulf countries, which were actually actively coordinating reform efforts, increasing connectivity until this war affected them. I am sure this situation will be a longer trend in the Gulf region." “For me, just like you, we may need to create a group of ‘optimists.’ We need to realize that this changing world is a world where opportunities that were previously unimaginable are now becoming more prominent and not just challenges. Yes, we need to focus on the challenges, but at the same time not miss the opportunities that are there,” he said. Meanwhile, he said the upcoming IMF Spring Meeting will focus on coordinating responses or actions to reduce the economic impact and support recovery efforts in the current uncertain reality.

US$50 billion in financial assistance needed as West Asian conflicts weigh on global economy – IMF

KUALA LUMPUR, 10 APRIL — The global economy is currently under pressure from the ongoing West Asian crisis which could potentially require financial assistance of up to US$50 billion (US$1 .... read more

The study captured the attitudes and behaviours of over 5,000 finance professionals and crypto investors across Australia, Brazil, India, Singapore, South Korea, UAE, UK and the US. Conducted in partnership with the global consumer audience insights platform GWI, the report fills a significant gap in existing market research by focusing specifically on the financially literate crypto investors: those working within and alongside the financial industry. "Most crypto research focuses on retail sentiment. We wanted to understand how finance professionals – people who work with risk and capital every day – actually perceive and engage with crypto. What we found challenges a number of assumptions," said Michelle Fotopoulou, Chief Marketing Officer at Sandmark. Experience contextualizes risk Just one in ten finance professionals who own crypto perceive it as high risk, compared to 25% of the wider professional finance community. Optimism and confidence rise in line with active participation, peaking among institutional investors and long-term holders. Beginners remain the least certain. The data consistently shows that hands-on experience, supported by reliable market intelligence, is what builds genuine conviction. Regulation is recruitment Regulatory uncertainty remains the primary barrier to broader institutional participation, alongside volatility and governance concerns. Yet across all respondent groups, crypto is viewed as a long-term strategic asset with strong upside potential, rather than a short-term trade. As regulatory clarity improves, the market's next growth phase is widely expected to be led by institutions. Michelle said: "Strong regulation acts as a catalyst for engagement. As jurisdictions put protections in place, activity accelerates, with greater confidence unlocking broader adoption." Public figures: formative but divisive High-profile individuals continue to play an outsized role in shaping sentiment, often in conflicting ways. Among a pre-defined shortlist of public figures, Elon Musk drives the strongest positive sentiment (51%), while Donald Trump generates the most negative (38%), despite also ranking as the second most cited positive influence (17%). Among crypto holders who identify Musk as their strongest positive influence, 77% report high optimism toward crypto's future as an asset. The study reflects how public figures are capable of simultaneously amplifying enthusiasm and undermining trust. An evolving but maturing market Michelle concluded, "It's fascinating to see the evolution of sentiment in the crypto market, particularly in the case of institutions and finance professionals. While social media drives discovery, real market data is in higher demand. Investors need consistent, actionable market intelligence to understand the evolving crypto ecosystem."

Sandmark Crypto Intelligence Report Shows Credible Insight Drives Investment Confidence

GENEVA, April 10, 2026 /PRNewswire/ — Sandmark has today published the first edition of its Crypto Intelligence Report, uncovering how credible and reliable intelligence are building real conviction among finance .... read more

Ringgit holds firm at 3.97 amid improving market sentiment

KUALA LUMPUR — The ringgit remained firmer at the 3.97 level against the US dollar and other major currencies at Thursday’s opening, supported by improved market optimism following the .... read more

Global Sourcing Fair Vietnam 2026 Opens this April

HO CHI MINH CITY, Vietnam, /PRNewswire/ — As global supply chains continue to evolve, international buyers are increasingly seeking sourcing destinations that deliver reliability, flexibility, and efficiency. In response to .... read more

Latest News

PARIS, June 16 -- Vusion (VU - FR0010282822), the global leader in AI-powered digitalization solutions for physical commerce, today announced the expansion of its long-standing partnership with JYSK, one of Europe's leading home furnishing retailers, through a major new agreement supporting the retailer's next phase of store modernization and cloud transformation strategy.   The agreement includes the upgrade of electronic shelf labels across JYSK's already deployed 450 Nordic stores, the roll-out of Vusion solutions in 750 additional stores across Europe, and the full migration of JYSK's legacy on-premise platform to VusionCloud. By 2027, the deployment is expected to scale to approximately 2,500 stores across the Nordic, DACH and BENELUX regions. Through the transition to VusionCloud, JYSK will benefit from a more scalable and centralized platform enabling faster deployment cycles, simplified store operations, improved performance, and greater flexibility to support future retail innovation at scale. The cloud-based architecture will also strengthen operational consistency across markets while reducing infrastructure complexity. The project further reinforces Vusion's strategy to accelerate the migration of its installed base toward cloud-native solutions while deepening long-term customer relationships through operational excellence, local support, and continuous innovation. "JYSK has partnered with Vusion for more than 10 years, and this new agreement reflects both the strength of our collaboration and the value we see in moving to a more advanced cloud-based platform," said Carsten Nørgreen Weinkouff, Executive Vice President Retail Development, Marketing, E-commerce & Omnichannel at JYSK. "As we continue to modernize our stores across Europe, we are investing in solutions that provide greater scalability, operational efficiency, and flexibility for the future. Vusion's technology and teams have consistently demonstrated the reliability and support needed to accompany us at this scale." "This new milestone with JYSK demonstrates the strength of long-term customer partnerships and the accelerating shift toward cloud-native retail platforms," said Sébastien Fourcy, SEVP EMEA at Vusion. "By transitioning to VusionCloud, JYSK gains a scalable infrastructure designed to continuously improve operational efficiency and support innovation across thousands of stores. We are proud to support JYSK with a combination of technology leadership, local execution and long-term commitment." More about Vusion : www.vusion.com  -- PRNewswire -- Source: Vusion  

Vusion extends partnership with JYSK Across Europe

SINGAPORE, June 16, -- Galaxy Data Center ("Galaxy DC") today announced that it has secured US$250 million in an initial strategic financing round from a renowned international investment institution. The proceeds support the company's data center platform development in Southeast Asia, project execution, and deployment of high-density infrastructure for the AI era.    Galaxy DC is strategically leveraging its regional hub in Singapore to advance the multi-country deployment of GW-scale AIDC campuses across Southeast Asia. By employing diversified capital models and industrial ecosystem synergy strategies, the company delivers customized hyperscale AIDC infrastructure services to a broad range of clients. Galaxy DC believes that the demand for AI computing power is reshaping data centers from traditional facility assets toward a new phase of deep collaboration among energy strategy, engineering execution, operational resilience, and customer growth. The company will continue to strengthen its comprehensive capabilities in GW-scale AIDC across technology adaptability, power resources, green energy, localized rapid delivery, and low-carbon operations. It will also further enhance strategic capital partnerships, leveraging diversified capital models to position Southeast Asia as a key hub for global sustainable digital infrastructure. Arthur Yang, Co-founder and CEO of Galaxy DC, said: "This financing further strengthens Galaxy DC's regional platform capabilities. We are seeing rapidly evolving requirements from AI and cloud service clients — focusing not only on capacity, but also on delivery certainty, energy efficiency, operational resilience, and long-term scalability. Galaxy DC remains committed to leveraging cutting-edge, ever-evolving technology and synergistic sustainable energy solutions as its core, building future-ready GW-scale green computing infrastructure for our clients." Representatives from a world-renowned investment institution stated: "Galaxy DC has a clear development path in Southeast Asia as well as differentiated technical capabilities. We see long-term value in the company's high-density, green, and scalable data center platform, and look forward to supporting its role in regional digital infrastructure development." About Galaxy Data Center Galaxy Data Center (Galaxy DC) is a next-generation digital infrastructure platform built for the intelligent era, committed to becoming a continuously evolving global digital service provider. The company focuses on the growing computing demands of artificial intelligence (AI) and cloud computing, with hyperscale AI data centers (AIDCs) at the core of its offering. Galaxy DC builds digital infrastructure that is highly efficient, highly reliable, and highly scalable. Leveraging its unique strengths in sustainable design, resource-efficient deployment, and long-term operations, the company balances rapid compute capacity growth with environmental responsibility and lasting asset value. -- PRNewswire -- Source: Galaxy Data Center

Galaxy Data Center Secures US$250 Million in an Initial Strategic Financing Round to Build Next-Generation Green Compute Infrastructure in Southeast Asia

TANJUNG MALIM, JUNE 16 -- The establishment of a new political party in the country will not affect the chances of Barisan Nasional (BN) in the upcoming Johor and Negeri Sembilan state elections. BN Secretary-General Datuk Seri Zambry Abd Kadir said his party had made thorough preparations to face the two state elections by focusing fully on work in the areas that will be contested. He said that in a democratic system, every party has the right to establish a new political party, but BN remains consistent with the strategy and level of preparedness that has been planned. "UMNO and Johor BN have made thorough preparations. I am confident that the establishment of the new party will not affect BN based on the focus given to the work that has been arranged," he said. He said this to reporters when asked whether the existence of the National Vision Party and the United Malaysia Party (BERSAMA) could threaten BN's position in the Johor and Negeri Sembilan state elections. Earlier, Zambry, who is also the Minister of Higher Education, officiated the National Service Training Pilot Programme (PLKN) 3.0 at the Public University Level before attending the launch of the book titled 'Nahas Gerik: UPSI Berduka' at the Sultan Idris Education University (UPSI) here today. The Johor state election will be held on July 11, while the Negeri Sembilan state election will be held on August 1. The Johor State Legislative Assembly (DUN) has 56 seats with BN controlling 40 seats, followed by Pakatan Harapan (PH) with 12 seats, Perikatan Nasional (PN) with three seats and MUDA with one seat. For the Negeri Sembilan state assembly, PH has 17 out of 36 seats, followed by BN with 14 seats and PN with five seats. -- BERNAMA

BN not threatened by the existence of new political parties – Datuk Seri Zambry Abd Kadir

GEORGE TOWN, JUNE 16 -- Penang is working closely with the Federal Government and security agencies to ensure that the management of nearly 20,022 Rohingya refugees and asylum seekers in the state is carried out in an orderly, registered and controlled manner. Chief Minister Chow Kon Yeow said that based on data from the United Nations High Commission for Refugees (UNHCR) as of August 2023, an estimated 20,022 refugees and asylum seekers from the Rohingya community are in Penang and living in several areas in the state. "They live in the areas of Kepala Batas, Tasek Gelugor, Bagan, Permatang Pauh, Bukit Mertajam, Batu Kawan, Nibong Tebal, Bukit Bendera, Tanjong, Jelutong, Bukit Gelugor, Bayan Baru and Balik Pulau. "The state government has always taken a pragmatic, prudent and responsible approach in dealing with the issue of refugees and asylum seekers in the state, in line with the policies and decisions set by the Federal government," he told reporters after the 26th Annual General Meeting (AGM) of PBA Holdings Bhd (PBAHB) here today. He commented on the current situation and the number of Rohingya communities in Penang. Chow explained that matters relating to the entry of foreigners, recognition of refugee status, border control and immigration enforcement, fall under the jurisdiction of the Federal Government through the Ministry of Home Affairs (KDN), the Malaysian Immigration Department (JIM) and the National Security Council (MKN). Therefore, he said the state government always gives full support to the implementation of MKN Directive No. 23 (Revision 2023), including the Refugee Registration Document (DPP) mechanism which aims to ensure that refugee management is carried out in a more systematic, registered and controlled manner. "The DPP is not seen as a policy to increase the number of refugees in Penang, but as a mechanism for the Federal government to find out who they are, where they are and how they can be monitored more effectively," he said. He also stressed that the state government will not compromise on violations of the law with any criminal activity, misuse of documents, human trafficking, involvement in immoral activities or violations of immigration conditions, which will be dealt with by the authorities in accordance with the provisions of the law in force, without any exceptions. In another development, Chow described the memorandum of understanding (MoU) announced between the United States (US) and Iran to end the conflict between the two countries as a positive development that is expected to benefit the global economy, including Malaysia and Penang. He said the conflicts that had erupted previously had had a significant impact on various sectors of the world economy including energy supply, logistics, commodity prices and global supply chains due to geopolitical uncertainties. On Sunday, US President Donald Trump announced that a deal with Iran had been finalized and he ordered the reopening of the Strait of Hormuz and the lifting of US naval blockades. -- BERNAMA

Penang to cooperate with Federation to handle issue of 20,022 Rohingya refugees – Chow

ISTANBUL, JUNE 16 -- FIFA said on Monday that it found no evidence of a breach of the FIFA Disciplinary Code after Video Assistant Referee (VAR) official Shaun Evans made a hand signal before a recent World Cup match, Anadolu Ajansi reported. "FIFA's Independent Disciplinary Committee can confirm that after examining the matter involving Video Assistant Referee (VAR) officer Shaun Evans, it found no evidence of a breach of the FIFA Disciplinary Code," the organisation said. Evans, an Australian official, was seen on the broadcast of Germany's match against Curacao on Sunday making the "OK" hand sign, a gesture associated with white supremacy and classified as a hate symbol by the Anti-Defamation League in 2019. Evans strongly denied any malicious intent, describing the move as an "unconscious and unintentional reflex". He expressed regret over the perception that arose following the gesture, but stressed that he did not make the symbol "knowingly or intentionally", which first gained attention after it was used by attackers in the Christchurch mosque incident in 2019 that killed 51 Muslims. -- BERNAMA-ANADOLU

World Cup: Referee hand signal controversy, no evidence of disciplinary code violation – FIFA