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Category: Markets

Markets

US stocks mixed amid cautious Fed comments, gold shines

May 21, 2024

NEW YORK: Wall Street was mixed on Monday while gold jumped to an all-time high as investors weighed hawkish statements…

Markets

FBM KLCI falls from three-year high on profit-taking

May 21, 2024

KUALA LUMPUR: Investors decided to take a breather on Tuesday and secure profits following the recent strong gains.

Markets

FBM KLCI at highest level since March 2022, rate cut hopes boost global sentiment

May 16, 2024

KUALA LUMPUR: Bursa Malaysia ended slightly off its intraday high today on renewed hopes of a possible two interest rate cuts…

Markets

Asia rides Wall St rally, dollar sags on inflation relief

May 16, 2024

TOKYO: Asian stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder U.S. inflation…

Markets

Bursa Malaysia joins rally on renewed US rate cut hopes

May 16, 2024

KUALA LUMPUR: Bursa Malaysia piggybacked a regional rally as a key US inflation report backed hopes the central bank will…

Markets

Smart Asia IPO public portion oversubscribed 37.98 times

May 16, 2024

KUALA LUMPUR: ACE Market-bound Smart Asia Chemical Bhd’s public portion shares under its initial public offering (IPO) have been oversubscribed by 37.98 times.

Markets

Bursa Malaysia picks up as US indices hit fresh records

May 16, 2024

KUALA LUMPUR: The overnight record-breaking performances of major US indices are returning some optimism to the domestic market, although the…

Markets

Wall St posts record closes as inflation data fuel rate-cut bets

May 16, 2024

Wall Street's three major indices notched record closes on Wednesday with the benchmark S&P 500 and the Nasdaq both advancing more…

Markets

Mid-sized IPOs missing from US rebound

May 16, 2024

The recovery in the US initial public offerings (IPOs) market is underway, with deal volumes growing year-on-year and sentiment improving.

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Crypto World

1
Cryptocurrency

Texas buys the Bitcoin dip, acquiring $5M of BlackRock’s IBIT

November 26, 2025

The Texas state government has made a major Bitcoin move, snapping up $5 million worth of shares in BlackRock’s spot Bitcoin exchange-traded fund, with another $5 million lined up for a self-custodied Bitcoin buy. The government…

2
Cryptocurrency

DeFi is already 30% of the way to mass adoption: Chainlink founder

November 26, 2025

Decentralized finance (DeFi) may only be years away from mainstream adoption, according to Chainlink co-founder Sergey Nazarov. However, significant regulatory and institutional hurdles must still be cleared before it can achieve global scale.“I think we’re…

3
Cryptocurrency

Bitcoin final leverage flush below $80K is possible, warns analyst

November 26, 2025

The pain may not be over yet for Bitcoin investors, according to one crypto analyst, arguing that there’s still more leverage that could be flushed out. Crypto analyst James Check described the recent market meltdown as…

4
Cryptocurrency

Coinbase reveals 9 crypto ideas it wants to bankroll in 2026

November 26, 2025

The venture capital division of America’s largest crypto exchange says it is targeting its funds toward real-world asset trading, decentralized finance and artificial intelligence next year. In a blog post, Coinbase Ventures stated that it is…

Economy

Economy

Alibaba’s AI glasses to rival Meta go on sale for $500

November 27, 2025
Economy

Apple is challenging India’s antitrust body over a potential $38 billion fine

November 27, 2025
Economy

Saba Capital activist Boaz Weinstein calls for removal of Baillie Gifford-run tech investment trust’s entire board

November 27, 2025
Economy

With Trump’s tax bill set to dent giving by the wealthy, can middle-class donors make up the difference?

November 27, 2025
Economy

TikTok-fueled K-beauty boom triggers a retail race in the U.S.

November 27, 2025
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