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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

Fraud concerns raise red flags for Mumbai’s booming IPOs

May 15, 2024

A string of accounting frauds unearthed by India’s securities regulator this month poses another risk to the blistering rally in…

Markets

FBM KLCI ends at intraday low; glove makers rally

May 15, 2024

KUALA LUMPUR: The FBM KLCI finished at an intraday low on Wednesday, contrasting with the upward surge witnessed in glove…

Markets

Stocks rise, dollar eases ahead of US inflation report

May 15, 2024

SINGAPORE: Asian stocks rose on Wednesday while the dollar drifted lower as traders weighed mixed U.S. producer price data and…

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Crypto World

1
Cryptocurrency

Alleged Huione money laundering boss extradited to China

April 2, 2026

Li Xiong, a key member of a group that allegedly helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money laundering charges,…

2
Cryptocurrency

Genius Group liquidates Bitcoin treasury to pay $8.5M of debt

April 2, 2026

AI-powered Bitcoin treasury and education company Genius Group revealed on Tuesday that it sold the remainder of its Bitcoin in Q1 to pay off debt, adding to a recent wave of companies offloading assets amid…

3
Cryptocurrency

Crypto VC Paradigm is developing a prediction market terminal: Fortune

April 2, 2026

Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wave of Wall Street companies looking for a way to serve the fast-growing sector. Led by Paradigm partner Arjun Balaji, the…

4
Cryptocurrency

Interactive Brokers expands crypto trading to retail investors in Europe

March 31, 2026

Interactive Brokers has launched crypto trading for retail investors in the European Economic Area (EEA), allowing eligible clients to buy and sell 11 digital assets, including Bitcoin and Ethereum, alongside traditional assets on its platform.According…

Economy

Economy

TSA shutdown: GOP leaders Thune and Johnson boost two-track approach to funding DHS

April 2, 2026
Economy

SpaceX confidentially files for IPO, setting stage for record offering

April 2, 2026
Economy

Oil prices surge with Brent rising 5% as Trump vows to hit Iran ‘extremely hard’ within weeks

April 2, 2026
Economy

Judge blocks Trump White House ballroom project for now

March 31, 2026
Economy

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

March 31, 2026
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