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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

Prenetics scraps Bitcoin strategy to focus on Beckham-backed nutrition brand

December 31, 2025

Prenetics Global Limited halted its Bitcoin treasury buying program, ending daily purchases announced in June to refocus on its consumer health brand co-founded with former football player David Beckham.According to an announcement on Tuesday, the…

2
Cryptocurrency

2026 Fed cuts will be ‘key catalyst’ for retail’s return to crypto

December 31, 2025

The aggressiveness of Federal Reserve rate cuts in 2026 will determine whether retail investors return to the crypto market next year, according to a crypto analyst.But there are doubts about how likely the Fed is…

3
Cryptocurrency

Pakistan could be a crypto leader in 5 years at current pace: CZ

December 31, 2025

Pakistan's ability to “move fast” with crypto regulation and adoption could make it a world leader in crypto by 2030, according to former Binance CEO Changpeng “CZ” Zhao. In a recent interview with Pakistan Crypto Council…

4
Cryptocurrency

What the Fed’s divided 2026 outlook means for Bitcoin and crypto

December 31, 2025

The US Federal Reserve has been highly influential on crypto market momentum this year, and its impact is likely to continue into 2026 as divisions among policymakers remain.The Fed made three interest rate cuts in…

Economy

Economy

Asia-Pacific markets fall in year-end trade

December 31, 2025
Economy

China manufacturing activity expands for the first time since March, beating expectations

December 31, 2025
Economy

SoftBank has fully funded $40 billion investment in OpenAI, sources tell CNBC

December 31, 2025
Economy

Home prices are getting slightly more affordable, but down payments are still holding buyers back

December 31, 2025
Economy

Fed minutes show officials were in tight split over December rate cut

December 31, 2025
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