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Category: Markets

Markets

FBM KLCI drifts as investors await fresh leads

May 9, 2024

KUALA LUMPUR: The FBM KLCI is expected to trend sideways after hitting the 1,600 level earlier this week as investors…

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

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…

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…

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Crypto World

1
Cryptocurrency

Strategy set to post $13B Bitcoin gains, but revenue stalls

July 1, 2025

Strategy, the world’s largest corporate holder of Bitcoin, is expected to post mixed financials for the second quarter of 2025. According to a Bloomberg analysis on Tuesday, the company is projected to report more than…

2
Cryptocurrency

US Senate passes Trump’s budget bill without provision on crypto taxes

July 1, 2025

Republicans in the US Senate narrowly passed a budget reconciliation bill strongly pushed by President Donald Trump and heavily criticized by many members of both parties for concerns about healthcare cuts, artificial intelligence regulation and…

3
Cryptocurrency

XRP news update: Traders predict consolidation to $2.35 amid ETF speculation

July 1, 2025

Key points:XRP struggles to break above the $2.35 resistance, pointing to a lack of demand at higher levels.Rising odds of an XRP ETF approval could catalyze the next leg of an XRP rally.Bloomberg’s exchange-traded fund…

4
Cryptocurrency

How to build a Solana DApp for iOS and Android in 15 minutes, no back end needed

July 1, 2025

Key takeaways:Solana now offers a mobile-first developer toolkit with wallet adapters, transaction helpers and templates.Developers can use React Native to build iOS and Android apps simultaneously.Deep-link wallet connections (e.g., Phantom, Backpack) eliminate the need for…

Economy

Economy

Ford sales jump 14% in the second quarter, well above industry forecast

July 1, 2025
Economy

Powell confirms that the Fed would have cut by now were it not for tariffs

July 1, 2025
Economy

Cliff Asness’ AQR sees multiple hedge funds up double digits in 2025, beating the market

July 1, 2025
Economy

Trump’s bill gets a boost as Senate Republicans say they have a deal

July 1, 2025
Economy

Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies

July 1, 2025
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