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Markets

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 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

Bursa Malaysia joins rally on renewed US rate cut hopes

May 16, 2024

KUALA LUMPUR: Bursa Malaysia piggybacked a regional rally as a key US inflation report backed hopes the central bank will…

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

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…

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Crypto World

1
Cryptocurrency, Markets

Bitcoin price stays under $77K as US bond yields near 20-year highs

May 19, 2026

Bitcoin (BTC) consolidated near month-to-date lows on Tuesday as surging US bonds punished stocks and safe havens.Key points:Bitcoin joins risk assets feeling the pressure from skyrocketing US bond yields.Catalysts, such as high oil prices, continue…

2
Cryptocurrency, Markets

XRP price risks 50% drop despite 9-day ETF inflow streak

May 19, 2026

XRP (XRP) has fallen 12% over the last five days, and the confirmation of a bearish pattern now points to the risk of more losses ahead.Key takeaways:XRP/USD’s bear pennant pattern on the three-day chart points…

3
Cryptocurrency

BoE deputy says tokenization could cut costs, boost competition

May 19, 2026

The Bank of England is stepping up its focus on digital money, with Deputy Governor Sarah Breeden highlighting tokenization as a potential way to reduce costs, speed settlement and increase competition.Speaking at London's City Week…

4
Cryptocurrency

Senate crypto bill at risk beyond midterms if not passed by August: NYDIG

May 18, 2026

The US Senate’s crypto market structure bill could take until August to pass and risks not advancing at all if lawmakers cannot pass it before the midterms, said Greg Cipolaro, head of research at financial…

Economy

Economy

The AI economy is rewriting the American Dream — and blue-collar workers are poised to win

May 19, 2026
Economy

Trump says it’s not a ‘war.’ Insurers with money on the line say it is

May 19, 2026
Economy

30-year Treasury yield tops 5.18%, highest since before the financial crisis

May 19, 2026
Economy

Samsung strike involving 47,000 workers looms as South Korea’s president urges labor deal

May 18, 2026
Economy

White House touts deals on soybeans and rare earths after Trump-Xi summit, while China talks up tariff cuts

May 18, 2026
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