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Category: Markets

Markets

FBM KLCI moves sideways ahead of key economic data

May 14, 2024

KUALA LUMPUR: The FBM KLCI continued to drift sideways in a week chockfull of economic releases, which would help to…

Markets

S&P 500 barely changes as investors hold tight ahead of inflation data

May 14, 2024

THE S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they…

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

Wall St set for muted open as weak earnings offset jobless claims relief

May 9, 2024

U.S. stock indexes were set for a muted open on Thursday as a slate of downbeat earnings offset the impact…

Markets

FBM KLCI steps back 0.22%, VSTECS hits record

May 9, 2024

KUALA LUMPUR: The FBM KLCI took a small step back today on profit-taking amid cautious sentiment.

Markets

FBM KLCI retreats to 1,600

May 9, 2024

KUALA LUMPUR: The FBM KLCI retreated to the psychological support of 1,600 points at midday as investors took profit in…

Markets

Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices

May 9, 2024

HONG KONG: Hong Kong and Saudi Arabia are exploring the creation of an exchange-traded fund (ETF) tracking Hong Kong indices, Hong…

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Crypto World

1
Cryptocurrency, Markets

Bitcoin market dominance moves above 61%: Will altcoins follow?

May 7, 2026

Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the…

2
Cryptocurrency, Markets

Three reasons why Ether price rallies fizzle near $2.4K

May 7, 2026

Key takeaways:A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth.Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses. Ether…

3
Cryptocurrency

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

May 7, 2026

Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails.The pilot transaction…

4
Cryptocurrency, Markets

XRP price copies 2025 chart fractal that last time sparked 66% gains

May 5, 2026

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive…

Economy

Economy

Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

May 7, 2026
Economy

Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

May 7, 2026
Economy

Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe

May 7, 2026
Economy

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
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