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Category: Markets

Markets

Bursa ekes out slight gain as rally slows

May 21, 2024

KUALA LUMPUR: Bursa Malaysia is poised to enter a consolidation phase after riding high on strong economic growth and optimism…

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 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

Bitcoin miners turn to renewable energy amid profit margin squeeze

December 13, 2025

Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators.Hash…

2
Cryptocurrency

Bitnomial gains CFTC approval to launch prediction markets in the US

December 13, 2025

Bitnomial Clearinghouse LLC received approval from the US Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and offer clearing services to other platforms.According to…

3
Cryptocurrency

Senior Vanguard analyst says Bitcoin is no better than a plush toy

December 13, 2025

Bitcoin is a purely speculative asset and is akin to a collectible toy, according to John Ameriks, the global head of quantitative equity at asset management company Vanguard.“It’s difficult for me to think about Bitcoin…

4
Cryptocurrency

SOL struggles as Solana TVL slides and memecoin demand fades

December 13, 2025

Key takeaways:SOL funding rates signal low bullish conviction after a 46% price drop, despite Firedancer’s launch and rising Solana network transactions.Solana DApp revenues and DEX activity have weakened sharply, suggesting broader market fatigue even as…

Economy

Economy

Red-hot Texas is getting so many data center requests that experts see a bubble

December 12, 2025
Economy

Trump says ‘no big deal’ after Jeffrey Epstein estate photos showing him released

December 12, 2025
Economy

Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide

December 12, 2025
Economy

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge

December 12, 2025
Economy

Trump says Kevin Warsh is at top of Fed chair candidate list, president should be consulted on rates

December 12, 2025
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