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Category: Markets

Markets

Bursa Malaysia closes lower on profit-taking

June 6, 2024

Bursa Malaysia closed lower, but the key index remained above the 1,600 psychological level. The decline was primarily due to…

Markets

Bursa Malaysia closes higher on bargain hunting

June 6, 2024

KUALA LUMPUR: Bursa Malaysia closed higher on bargain hunting for stocks currently priced lower than usual after yesterday's profit-taking, said an analyst.

Markets

Billionaire Richard Li’s FWD Group revives Hong Kong IPO plan, sources say

June 6, 2024

HONG KONG/SYDNEY: Billionaire Richard Li has revived plans to list pan-Asian insurer FWD Group in Hong Kong, said three people with…

Markets

Sunway joins FBM KLCI constituents, replaces AMMB Holdings

June 6, 2024

KUALA LUMPUR: Sunway Bhd has been included as one of the 30 constituents of the FTSE Bursa Malaysia KLCI (FBM KLCI)…

Markets

FBM KLCI, regional indices push higher on rate cut hopes

June 6, 2024

KUALA LUMPUR: Investors remained bullish on the FBM KLCI as hopes the Federal Reserve will slash interest rates in September…

Markets

Asia stocks rally as rate cut bets gather momentum; ECB in focus

June 6, 2024

SINGAPORE: Asian shares gained on Thursday on rising expectations the U.S. Federal Reserve will likely cut interest rates in September, while…

Markets

FBM KLCI pushes on as more US data points to rate cuts

June 6, 2024

KUALA LUMPUR: The FBM KLCI is rallying again as it takes its cue from Wall Street, which was buoyed overnight…

Markets

S&P 500, Nasdaq close at record highs as data supports Fed easing

June 6, 2024

The S&P 500 and Nasdaq indices hit record closing highs on Wednesday, powered mainly by technology stocks as markets digested…

Markets

Nasdaq unit explores private IPOs for startup stakes

June 6, 2024

Nasdaq Inc’s private market subsidiary is seeking to be the first in the United States to offer companies the option…

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Crypto World

1
Cryptocurrency

Proposed bill seeks to ban US president, Congress from prediction markets

March 26, 2026

US lawmakers have introduced a bill aiming to ban members of the US Congress, the president and other high-ranking government officials from wagering on prediction markets.The proposed bill, a bipartisan effort from US Representative Adrian…

2
Cryptocurrency

Coinbase opposes latest crypto bill stablecoin compromise: Report

March 26, 2026

Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill.Coinbase representatives told Senate lawmakers in a meeting Monday that they…

3
Cryptocurrency

UK pushes ahead with temporary ban on political crypto donations

March 26, 2026

The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians.Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry…

4
Cryptocurrency

Lombard taps Bitwise to offer Bitcoin yield and lending to institutional custody

March 24, 2026

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of…

Economy

Economy

Republicans balk at Senate Democrats’ DHS shutdown counteroffer

March 26, 2026
Economy

Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling

March 26, 2026
Economy

Iran has no intention to hold talks with U.S; foreign minister says Trump proposal to end war being reviewed

March 26, 2026
Economy

World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC

March 24, 2026
Economy

Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy

March 24, 2026
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