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Markets

Markets

FBM KLCI falls from three-year high on profit-taking

May 21, 2024

KUALA LUMPUR: Investors decided to take a breather on Tuesday and secure profits following the recent strong gains.

Markets

Stocks slide, dollar holds firm as Fed focus intensifies; crypto soars

May 21, 2024

TOKYO: Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's…

Markets

Bursa ekes out slight gain as rally slows

May 21, 2024

KUALA LUMPUR: Bursa Malaysia is poised to enter a consolidation phase after riding high on strong economic growth and optimism…

Markets

US stocks mixed amid cautious Fed comments, gold shines

May 21, 2024

NEW YORK: Wall Street was mixed on Monday while gold jumped to an all-time high as investors weighed hawkish statements…

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…

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Crypto World

1
Cryptocurrency

Spot Bitcoin ETFs see record 10-day outflow streak, analyst calls it ‘contrarian indicator’

May 30, 2026

Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is…

2
Cryptocurrency

SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots

May 30, 2026

The Securities and Exchange Commission has charged a Texas man with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered trading bots to generate guaranteed…

3
Cryptocurrency

Senator Lummis says China will ‘write the rules’ of the new financial era if CLARITY fails

May 30, 2026

The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to…

4
Cryptocurrency

SEC approves Paxos as ‘blockchain-native’ clearing agency

May 29, 2026

Blockchain infrastructure platform and stablecoin issuer Paxos said it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency.Paxos said on Thursday that its subsidiary,…

Economy

Economy

Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

May 30, 2026
Economy

Analysis: An end to the Iran war may be just the beginning of a new era of U.S. inequality

May 30, 2026
Economy

Oil exports through the Strait of Hormuz might not return to levels seen before the Iran war

May 30, 2026
Economy

Infighting, court battles could put long-hyped air taxi breakthrough in jeopardy

May 29, 2026
Economy

Nvidia is investing billions into this emerging technology that could change the AI industry

May 29, 2026
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