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Category: Markets

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.

Markets

Goldman: S&P 500 going nowhere from here

May 16, 2024

The S&P 500 Index is unlikely to deliver any more gains from now through the end of the year, according…

Markets

Bursa Malaysia snaps two-day winning streak

May 16, 2024

Bursa Malaysia ended trading at an intraday low yesterday, snapping a two-day winning streak as investors hesitated to make significant…

Markets

Glove makers rise in active trading

May 15, 2024

KUALA LUMPUR: Malaysian glove makers were the target of frenzied buying by investors on Wednesday following news the US will…

Markets

Nasdaq hits record close after Powell reassures investors

May 15, 2024

The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal…

Markets

Goldman: Stocks with upside risk worth holding

May 15, 2024

Lofty US equity valuations suggest investors have already priced in a lot of stock market enthusiasm, but that doesn’t mean…

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Crypto World

1
Cryptocurrency

Pierre Rochard warns US regulators over Bitcoin gap in Basel rewrite

March 30, 2026

Pierre Rochard, CEO of The Bitcoin Bond Company, warned US banking regulators that their sweeping Basel III capital rewrite leaves unresolved how Bitcoin-related activities should be treated, a gap he says could create legal risk…

2
Cryptocurrency

Crypto funds see first outflow in 5 weeks amid inflation fears, Iran tensions

March 30, 2026

Crypto investment products saw their first weekly outflows in five weeks last week, with $414 million exiting the market as investors grew cautious over rising inflation risks and escalating tensions in the Middle East.The pullback…

3
Cryptocurrency, Markets

Worst six months since 2018? Five things to know in Bitcoin this week

March 30, 2026

Bitcoin (BTC) heads into the March monthly close as it risks its sixth straight month of losses.BTC price action touches $65,000 to start the week as traders expect a copycat bear flag breakdown.Iran headlines dominate…

4
Cryptocurrency

Google plans to back $5B data center for Anthropic: Report

March 29, 2026

Google is preparing to support a multibillion-dollar data center project in Texas leased to Anthropic as competition for AI infrastructure accelerates.The project, operated by Nexus Data Centers, could exceed $5 billion in its initial phase,…

Economy

Economy

Trump reportedly wants to ‘take the oil in Iran’ as Tehran targets water, power facilities in Kuwait

March 30, 2026
Economy

Russia welcomes arrival of oil tanker in Cuba after Trump softens approach to U.S. blockade

March 30, 2026
Economy

Oil prices rise with Brent heading for record monthly surge as Iran war enters fifth week

March 30, 2026
Economy

Pricy airfare, airport chaos test travelers’ willingness to fly this year

March 29, 2026
Economy

Yemen’s Houthis launch Israel strike, the first time since the U.S.-Israel war began

March 29, 2026
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