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Category: Markets

Markets

Wall St ends mostly lower as chipmakers ease

March 14, 2024

The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced for…

Markets

FBM KLCI turns mildly positive at midday

March 14, 2024

KUALA LUMPUR: The FBM KLCI eked out a slight gain at midday after persisting volatility saw the index spend most…

Markets

Stocks slip, US yields edge higher with data eyed

March 14, 2024

NEW YORK: A gauge of global stock markets edged lower and U.S. Treasury yields rose modestly on Wednesday, as investors looked…

Markets

Opportunity to accumulate REIT stocks on appealing distribution yields

March 14, 2024

AmInvestment Bank Research sees buying opportunities in local real estate investment trust (REIT) stocks, given widening yield spreads against 10-year…

Markets

Bursa Malaysia snaps four-day winning streak to end lower

March 13, 2024

KUALA LUMPUR: Bursa Malaysia snapped its four-day winning streak to close lower today, driven by continuous profit-taking in heavyweights led by…

Markets

Investors cash out on KLCI rally

March 13, 2024

KUALA LUMPUR: Investors cashed out on gains made earlier in the week to take Malaysia's benchmark index back to last…

Markets

Rakuten Trade sees FBM KLCI hitting 1,660 mark by year-end

March 13, 2024

KUALA LUMPUR: Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to possibly touch 1,660 by end-2024 based on a 15.5…

Markets

FBM KLCI erases previous day’s gains

March 13, 2024

KUALA LUMPUR: Bursa Malaysia succumbed to profit-taking pressure on Wednesday despite the positive report on the health of the US…

Markets

S&P 500 closes at record high as traders keep rate-cut bets

March 13, 2024

US stocks ended sharply higher on Tuesday, with the S&P 500 registering a record high close as Oracle shares surged and…

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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