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Category: Markets

Markets

ACE Market-bound BWYS aims to raise RM56.4mil from IPO

June 18, 2024

KUALA LUMPUR: BWYS Group Bhd aims to raise RM56.4 million from its upcoming initial public offering (IPO) on the ACE…

Markets

FBM KLCI rises amid weaker broader market

June 18, 2024

KUALA LUMPUR: Malaysian benchmark stock index rose on Tuesday morning trade, in line with other regional indices, as markets tracked…

Markets

Foreign interest in local equities continues with RM202.4mil net purchases

June 18, 2024

KUALA LUMPUR: Foreign funds continued to flow into Bursa Malaysia for the second consecutive week with a net purchase of…

Markets

FBM KLCI opens higher after long weekend break

June 18, 2024

KUALA LUMPUR: While the FBM KLCI started Tuesday on a positive performance following Wall Street overnight rally, analysts are offering…

Markets

S&P 500, Nasdaq hit record closing highs ahead of data, Fed comments

June 18, 2024

THE S&P 500 and Nasdaq scored record closing highs on Monday as technology shares rallied on enthusiasm over artificial intelligence…

Markets

Goldman Sachs raises S&P 500 target to 5,600

June 18, 2024

NEW YORK: Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier,…

Markets

UBS sees bond spreads widening slightly

June 18, 2024

NEW YORK: US corporate bond spreads may widen modestly from current levels by the end of the year, but generally…

Markets

FBM KLCI reverses early gains to end at intraday low

June 18, 2024

KUALA LUMPUR: The FBM KLCI pared its gains and settled in negative territory on Tuesday, following a long weekend, as…

Markets

US mops up a third of global capital since Covid

June 18, 2024

NEW YORK: In the face of calls around the world to diversify out of the dollar in recent years, the…

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Crypto World

1
Cryptocurrency, Markets

Bitcoin market dominance moves above 61%: Will altcoins follow?

May 7, 2026

Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the…

2
Cryptocurrency, Markets

Three reasons why Ether price rallies fizzle near $2.4K

May 7, 2026

Key takeaways:A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth.Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses. Ether…

3
Cryptocurrency

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

May 7, 2026

Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails.The pilot transaction…

4
Cryptocurrency, Markets

XRP price copies 2025 chart fractal that last time sparked 66% gains

May 5, 2026

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive…

Economy

Economy

Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

May 7, 2026
Economy

Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

May 7, 2026
Economy

Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe

May 7, 2026
Economy

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
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