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Markets

Markets

Stocks bask in Nvidia glow, dollar steady

June 19, 2024

LONDON: Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker…

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

Bursa Malaysia ends lower on profit-taking

June 19, 2024

KUALA LUMPUR: Bursa Malaysia closed lower today in a tight trading range as investors took profits while adopting a wait-and-see approach amid a consolidation…

Markets

Asia stocks boosted by tech rally, Fed rate cut wagers

June 19, 2024

SINGAPORE: Asian shares rose to a one-month high on Wednesday, buoyed by a rally in tech stocks, while the dollar…

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

Senate crypto bill at risk beyond midterms if not passed by August: NYDIG

May 18, 2026

The US Senate’s crypto market structure bill could take until August to pass and risks not advancing at all if lawmakers cannot pass it before the midterms, said Greg Cipolaro, head of research at financial…

2
Cryptocurrency

Reports suggest Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin

May 18, 2026

Iran is reportedly considering a plan to exercise control over the Strait of Hormuz through an “insurance-based model,” with some speculating, based on an unverified website, that it could be paid in Bitcoin. On Saturday, Fars…

3
Cryptocurrency

Surging oil prices have been driving Ether selling pressure: Tom Lee

May 18, 2026

Rising oil prices since the US-Israeli war have been a consistent weight on the price of Ether for the last three months, according to Fundstrat co-founder Tom Lee. “If one is wondering why Ethereum has been…

4
Cryptocurrency

OpenAI partners with Malta to give all citizens free ChatGPT Plus access

May 16, 2026

OpenAI and the Maltese government have announced a world-first partnership to roll out ChatGPT Plus to all Maltese citizens, marking the first time a government has struck such a deal with the AI company.Under the…

Economy

Economy

Samsung strike involving 47,000 workers looms as South Korea’s president urges labor deal

May 18, 2026
Economy

White House touts deals on soybeans and rare earths after Trump-Xi summit, while China talks up tariff cuts

May 18, 2026
Economy

Kevin Warsh comes into the Fed facing a big ‘family fight’ over cutting interest rates

May 16, 2026
Economy

Trump went big on tech stocks in first quarter of 2026, new filings show

May 16, 2026
Economy

Why Taiwan became the defining issue in the Trump-Xi talks

May 16, 2026
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