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Category: Markets

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.

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

China stocks close lower after US tariffs

May 15, 2024

SHANGHAI: Mainland China shares ended lower on Wednesday, pressured by U.S. President Joe Biden's decision to levy fresh tariffs on…

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…

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Crypto World

1
Cryptocurrency

Visa unveils commerce platform enabling autonomous AI shopping

April 9, 2026

Credit card giant Visa has ventured further into the agentic AI payments race, announcing a new platform on Wednesday to help businesses participate in AI-driven commerce.In a statement on Wednesday, Visa described Intelligent Commerce Connect…

2
Cryptocurrency

Fed minutes open door to further rate cuts amid Iran war

April 9, 2026

US Federal Reserve members were split on whether the war in the Middle East could spur further interest rate cuts before the end of 2026, according to the latest Federal Open Market Committee (FOMC) meeting…

3
Cryptocurrency

Chainalysis claims stablecoin volumes could hit over a quadrillion by 2035

April 9, 2026

Blockchain analysis firm Chainalysis estimates that stablecoin volumes could hit a lofty $1.5 quadrillion within the next decade, beating the total volume of global cross-border payments today. In a report on Wednesday, the Chainalysis team said…

4
Cryptocurrency

Split Capital winds down as founder joins stablecoin startup Plasma

April 7, 2026

Split Capital, a digital asset hedge fund founded by investor Zaheer Ebtikar, is shutting down, with the founder joining Peter Thiel-backed stablecoin startup Plasma.Ebtikar announced the news in an X post on Tuesday, saying Split…

Economy

Economy

Trump warns U.S. military will stay near Iran until ‘real agreement’ is honored

April 9, 2026
Economy

U.S. has violated ceasefire agreement, Iran parliamentary speaker says

April 9, 2026
Economy

‘Poorly run, piece of ice’: Trump targets Greenland again as Iran war deepens NATO rift

April 9, 2026
Economy

Used car prices rise to highest point since summer 2023

April 7, 2026
Economy

Apple shares sink on report of foldable iPhone delays

April 7, 2026
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