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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

Stocks slide, dollar holds firm as Fed focus intensifies; crypto soars

May 21, 2024

TOKYO: Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's…

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…

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Crypto World

1
Cryptocurrency

Kalshi preemptively sues Iowa, claiming risk of enforcement action

March 12, 2026

Prediction market Kalshi has sued regulators in the US state of Iowa, claiming it did so as there was a risk of an impending enforcement action over its sports event contracts.Kalshi sued Iowa Attorney General…

2
Cryptocurrency

AI agent payment volumes lower than reported, but adoption is growing: a16z

March 12, 2026

Payment transaction volumes among artificial intelligence agents are more than 90% lower than reports suggest, but crypto giants are pouring billions into building the infrastructure around it.AI agents are starting to buy things, but “the…

3
Cryptocurrency

New Zealand regulator says NZDD stablecoin not a financial product

March 12, 2026

New Zealand’s financial regulator has ruled that a local currency-tied stablecoin, NZDD, isn’t a financial product, a move a local law firm says is an important step toward regulatory clarity.The Financial Markets Authority (FMA) said…

4
Cryptocurrency

Circle shares surge as Bernstein sees upside from stablecoin adoption

March 10, 2026

Circle Internet Financial is among Wall Street’s best-performing stocks so far in 2026, and analysts at Bernstein believe the rally could continue as stablecoin adoption accelerates.In a recent note to clients, Bernstein reiterated its “Outperform”…

Economy

Economy

Plans for record emergency oil release signal Middle East war could drag on for months

March 12, 2026
Economy

Trump administration launches Section 301 trade probes into Mexico, China, EU, others

March 12, 2026
Economy

Brent crude hits $100 a barrel as reserve release plans fail to ease Iran war-led supply worries

March 12, 2026
Economy

Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%

March 10, 2026
Economy

Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation

March 10, 2026
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