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Markets

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…

Markets

Arbitrage trade backfires as TSMC frenzy grows

June 18, 2024

Taipei: The long-favoured arbitrage strategy of buying Taiwan Semiconductor Manufacturing Co’s (TSMC) Taipei shares while shorting its US listing is…

Markets

Paris loses crown as Europe’s biggest stock market to London

June 18, 2024

PARIS: France’s political upheaval has led the country to lose its spot as Europe’s biggest equity market, less than two…

Markets

Bursa average daily value on upward trajectory

June 18, 2024

PETALING JAYA: With the average daily value (ADV) of the local equity market having exceeded expectations, UOB Kay Hian (UOBKH)…

Markets

Notion VTec gets UMA query on sharp rise in share price

June 18, 2024

KUALA LUMPUR: Notion VTec Bhd has received an unusual market activity (UMA) query from Bursa Malaysia Securities today due to…

Markets

Asia shares muted on mixed China data, euro pressure

June 17, 2024

SINGAPORE: Asian share markets were mostly softer on Monday as mixed Chinese economic news underlined the country's bumpy recovery, while…

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Crypto World

1
Cryptocurrency

SEC approves Paxos as ‘blockchain-native’ clearing agency

May 29, 2026

Blockchain infrastructure platform and stablecoin issuer Paxos said it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency.Paxos said on Thursday that its subsidiary,…

2
Cryptocurrency

OKX Ventures, Korea Investment & Securities to buy 19.6% Coinone stake for $106M

May 29, 2026

South Korean crypto exchange Coinone said Korea Investment & Securities (KIS) and OKX Ventures agreed to invest a combined 160 billion won ($106 million) for a 19.6% stake in the platform.The investment, which remains subject…

3
Cryptocurrency

DxSale drained for $7.3M in BNB Chain liquidity exploit

May 29, 2026

Memecoin launch platform DxSale was drained of $7.3 million in funds in a cyberattack that affected around 1,400 liquidity providers (LPs) on the BNB Chain. The attacker's address "0xC457" transferred $1.87 million worth of BNB (BNB)…

4
Cryptocurrency, Markets

Bitcoin miner inflows to Binance soar as BTC struggles to hold uptrend: Is $70K next?

May 28, 2026

Weakening spot demand, miner inflows to exchanges and freshly opened shorts put downside pressure on Bitcoin price.

Economy

Economy

Infighting, court battles could put long-hyped air taxi breakthrough in jeopardy

May 29, 2026
Economy

Nvidia is investing billions into this emerging technology that could change the AI industry

May 29, 2026
Economy

Michael Dell courted Trump early. His company has reaped rewards

May 29, 2026
Economy

Oil jumps after fresh U.S. strikes in Iran revive Strait of Hormuz disruption fears

May 28, 2026
Economy

Snowflake rockets 36% on earnings beat and plan to spend $6 billion on Amazon cloud

May 28, 2026
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