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Category: Markets

Markets

Dow ends higher, Treasury yields pressure market

May 9, 2024

The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight and closing above 39,000…

Markets

Einhorn sees markets ‘fundamentally broken’

May 9, 2024

David Einhorn put it bluntly. The valuation-be-damned boom in passive investing has “fundamentally broken” markets as it proceeds to crush…

Markets

SC: Planners should give sound financial advice

May 9, 2024

The Securities Commission (SC) is considering full tax exemptions on small amounts of withdrawal from private retirement schemes (PRS) for…

Markets

FBM KLCI drifts sideways in search of fresh leads

May 8, 2024

KUALA LUMPUR: Malaysia's benchmark stock index erased earlier gains in the lead up the midday break as investors took profit…

Markets

FBM KLCI stays firm, but profit-taking pressures mount

May 8, 2024

KUALA LUMPUR: The rally on the domestic market could be taking a pause as global markets digest recent gains following…

Markets

KLCI dips on profit taking, stays firmly above 1,600 level

May 8, 2024

KUALA LUMPUR: The FBM KLCI finished marginally on Wednesday but remained firmly above the 1,600-point level, as profit-taking on select…

Markets

Sidrec: Number of claims, enquiries received up 11% to 266 in 2023

May 8, 2024

KUALA LUMPUR: The Securities Industry Dispute Resolution Centre (SIDREC) received 266 claims and enquiries in 2023, up 11 per cent from 239 in…

Markets

S&P, Dow extend closing streaks despite Disney drag

May 8, 2024

The S&P 500 and Dow Jones Industrial Average both clung onto gains to end slightly higher on Tuesday, extending recent…

Markets

FBM KLCI’s bullish momentum

May 8, 2024

The FBM KLCI hit a new milestone recording RM2 trillion in market capitalisation for the first time ever as the…

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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