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Markets

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…

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…

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Crypto World

1
Cryptocurrency

Can AI drain DeFi? Separating Claude Mythos hype from reality

June 29, 2026

Claude Mythos and DeFi: Real threat or overblown fear?When Anthropic introduced Claude Mythos-class models as its most advanced AI system for cybersecurity, it drew the usual mix of reactions from crypto communities. The lineup included…

2
Cryptocurrency

BNY adds USDC minting and redemption to institutional custody platform

June 29, 2026

BNY has expanded its Digital Asset Custody platform to let institutional clients store, transfer, mint and redeem Circle's USD Coin, making it the first stablecoin supported on the platform.The new capabilities allow BNY clients to…

3
Cryptocurrency, Markets

Bitcoin balances $60K tightrope as US stocks rebound on fresh Iran peace deal hopes

June 29, 2026

Bitcoin (BTC) struggled near $60,000 around Monday’s Wall Street open as bulls increasingly risked a support/resistance flip.Key points:Bitcoin bulls face an uphill struggle to flip $60,000 back to support, even as US stocks see fresh…

4
Cryptocurrency

Bitcoin unspent transaction outputs signal capitulation underway: analyst

June 28, 2026

Analysis of Bitcoin unspent transaction outputs (UTXOs) shows that investors are capitulating, a pattern that has historically coincided with bear market bottoms. The ratio of the number of UTXOs spent in profit versus at a loss…

Economy

Economy

Here’s how Trump Accounts could affect women’s retirement savings gap

June 29, 2026
Economy

Alphabet stock pops 4% on Dow debut, but the tech giant faces major AI questions

June 29, 2026
Economy

Supreme Court rules Trump cannot fire Fed Governor Lisa Cook for now

June 29, 2026
Economy

U.S. military attacks Iranian targets after commercial tanker hit in the Strait of Hormuz

June 28, 2026
Economy

The memory shortage shaking Apple and Microsoft is ‘existential crisis’ for smaller players

June 28, 2026
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