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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

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”…

2
Cryptocurrency

Ether funding rate flips negative: Are ETH bears back in control?

March 10, 2026

Key takeaways:Ether price struggled as investors pulled $225 million from the spot ETFs, and Ethereum staking rewards underperformed compared to stablecoin yields.Recent Ethereum network upgrades and plans for improved wallet security are positives, but fail…

3
Cryptocurrency

Kalshi suffers court loss in Ohio over sports betting lawsuit

March 10, 2026

The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on sport event contracts.An Ohio federal court has denied a motion filed by prediction markets platform…

4
Cryptocurrency

Nigel Farage invests $286K in UK Bitcoin treasury company Stack BTC

March 9, 2026

Reform UK party leader Nigel Farage has invested 215,000 pounds (around $286,000) in Stack BTC, a London-listed Bitcoin treasury company chaired by former UK Chancellor Kwasi Kwarteng, as the Reform UK leader deepens his ties…

Economy

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
Economy

Oil retreats even after Energy Secretary wrongly claims Navy escorted tanker through Strait of Hormuz

March 10, 2026
Economy

TSA staff shortages lead to hourslong security lines for travelers at some airports

March 9, 2026
Economy

Congressional Democrats demand reversal of Russian oil sales into India as energy prices soar

March 9, 2026
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