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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

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…

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Crypto World

1
Cryptocurrency

OpenAI partners with Malta to give all citizens free ChatGPT Plus access

May 16, 2026

OpenAI and the Maltese government have announced a world-first partnership to roll out ChatGPT Plus to all Maltese citizens, marking the first time a government has struck such a deal with the AI company.Under the…

2
Cryptocurrency, Markets

Bitcoin analysis sees ‘bear trap’ as BTC price passes two-week lows under $78K

May 16, 2026

Bitcoin (BTC) circled $78,000 on Saturday after geopolitical headwinds erased most of its May gains.Key points:Bitcoin falls below $78,000 for the first time since the start of May.Oil-supply woes combine with existing nerves over US…

3
Cryptocurrency

Strategy to repurchase $1.5B of 2029 convertible notes

May 16, 2026

Bitcoin treasury company Strategy announced on Friday that it will repurchase $1.5 billion in 0% convertible notes, due in 2029, retiring about half of the 2029 convertible note tranche’s total outstanding debt. Strategy entered into…

4
Cryptocurrency, Markets

Why is Hyperliquid’s HYPE token price up 23% in one day?

May 15, 2026

HYPE, the native token of decentralized exchange Hyperliquid, jumped more than 23% in the past 24 hours, climbing toward $47 on Friday to hit its highest level since October 2025.HYPE/USDT daily chart. Source: TradingViewWhat is…

Economy

Economy

Kevin Warsh comes into the Fed facing a big ‘family fight’ over cutting interest rates

May 16, 2026
Economy

Trump went big on tech stocks in first quarter of 2026, new filings show

May 16, 2026
Economy

Why Taiwan became the defining issue in the Trump-Xi talks

May 16, 2026
Economy

Cerebras stock falls after blockbuster IPO debut — here’s what’s happening

May 15, 2026
Economy

Bill Ackman says he built Microsoft position in first quarter

May 15, 2026
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