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Category: Markets

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

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…

Markets

FBM KLCI little changed, glove makers rise

May 15, 2024

KUALA LUMPUR: Bursa Malaysia could be seeing some positive spillover from Wall Street markets following the release of a US…

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

Proposed bill seeks to ban US president, Congress from prediction markets

March 26, 2026

US lawmakers have introduced a bill aiming to ban members of the US Congress, the president and other high-ranking government officials from wagering on prediction markets.The proposed bill, a bipartisan effort from US Representative Adrian…

2
Cryptocurrency

Coinbase opposes latest crypto bill stablecoin compromise: Report

March 26, 2026

Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill.Coinbase representatives told Senate lawmakers in a meeting Monday that they…

3
Cryptocurrency

UK pushes ahead with temporary ban on political crypto donations

March 26, 2026

The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians.Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry…

4
Cryptocurrency

Lombard taps Bitwise to offer Bitcoin yield and lending to institutional custody

March 24, 2026

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of…

Economy

Economy

Republicans balk at Senate Democrats’ DHS shutdown counteroffer

March 26, 2026
Economy

Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling

March 26, 2026
Economy

Iran has no intention to hold talks with U.S; foreign minister says Trump proposal to end war being reviewed

March 26, 2026
Economy

World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC

March 24, 2026
Economy

Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy

March 24, 2026
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