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Markets

Markets

S&P 500, Nasdaq hit record highs on AI momentum

June 19, 2024

The S&P 500 and Nasdaq closed at record highs on Tuesday, buoyed by Nvidia's continued surge to new peaks, while…

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…

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Crypto World

1
Cryptocurrency, Markets

Whale shorts $70M in crypto and tech: Should Bitcoin traders worry?

May 14, 2026

Key takeaways:A successful Hyperliquid whale opened a $70 million short position, but data suggests this is a technical move.Rising oil prices and Fed liquidity injections could devalue US Treasuries, boosting Bitcoin as a scarce macro…

2
Cryptocurrency

Senate confirms Kevin Warsh to lead Federal Reserve

May 14, 2026

The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve and confirmed him as chair of the central bank, succeeding Jerome Powell.Wednesday's cloture vote for Warsh to be the next…

3
Cryptocurrency

Coinbase CEO Brian Armstrong gets behind CLARITY Act ahead of Thursday markup

May 14, 2026

Coinbase CEO Brian Armstrong is supporting the latest version of the Digital Asset Market Clarity Act (CLARITY) ahead of the US Senate's markup of the crypto market structure bill on Thursday. “I don't think it's ever…

4
Cryptocurrency

Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M

May 12, 2026

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated…

Economy

Economy

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

May 14, 2026
Economy

In photos: Trump lands in China ahead of high-stakes summit with Xi

May 14, 2026
Economy

Cisco’s stock pops 17% on surging AI orders, as company says it’s cutting almost 4,000 jobs

May 14, 2026
Economy

Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

May 12, 2026
Economy

It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

May 12, 2026
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