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Markets

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 at highest level since March 2022, rate cut hopes boost global sentiment

May 16, 2024

KUALA LUMPUR: Bursa Malaysia ended slightly off its intraday high today on renewed hopes of a possible two interest rate cuts…

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

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…

Markets

Nasdaq hits record close after Powell reassures investors

May 15, 2024

The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal…

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Crypto World

1
Cryptocurrency, Markets

Whale shorts $70M in crypto and tech: Should Bitcoin traders worry?

May 14, 2026

Key takeaways:A successful Hyperliquid whale opened a $70 million short position, but data suggests this is a technical move.Rising oil prices and Fed liquidity injections could devalue US Treasuries, boosting Bitcoin as a scarce macro…

2
Cryptocurrency

Senate confirms Kevin Warsh to lead Federal Reserve

May 14, 2026

The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve and confirmed him as chair of the central bank, succeeding Jerome Powell.Wednesday's cloture vote for Warsh to be the next…

3
Cryptocurrency

Coinbase CEO Brian Armstrong gets behind CLARITY Act ahead of Thursday markup

May 14, 2026

Coinbase CEO Brian Armstrong is supporting the latest version of the Digital Asset Market Clarity Act (CLARITY) ahead of the US Senate's markup of the crypto market structure bill on Thursday. “I don't think it's ever…

4
Cryptocurrency

Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M

May 12, 2026

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated…

Economy

Economy

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

May 14, 2026
Economy

In photos: Trump lands in China ahead of high-stakes summit with Xi

May 14, 2026
Economy

Cisco’s stock pops 17% on surging AI orders, as company says it’s cutting almost 4,000 jobs

May 14, 2026
Economy

Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

May 12, 2026
Economy

It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

May 12, 2026
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