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Category: Markets

Markets

Zantat to raise proceeds of RM14mil from IPO for R&D, upgrades

March 6, 2024

KUALA LUMPUR: Zantat Holdings Bhd aims to raise RM14mil from its initial public offering (IPO) en route to a listing…

Markets

FBM KLCI dips on lack of buying impetus

March 6, 2024

KUALA LUMPUR: The FBM KLCI traded lower in early trade Wednesday, weighed by select blue chips as lack of buying…

Markets

Nasdaq leads Wall St lower as megacaps, chips slide

March 6, 2024

Wall Street three major indices all retreated more than 1% on Tuesday, with weakness in megacap growth companies such as Apple…

Markets

‘Evaluate governance to prevent greenwashing’

March 6, 2024

Greenwashing is becoming a point of concern globally as the investment into environmental, social and governance (ESG) funds has swelled…

Markets

Consolidation on the cards for now

March 6, 2024

The local equity market could consolidate for a while as investors evaluate the impact the introduction of the service tax…

Markets

Bursa to launch soy futures contract this month

March 6, 2024

Bursa Malaysia will launch the Bursa Malaysia DCE Soybean Oil Futures (FSOY) contract following a licensing agreement with the Dalian…

Markets

Asia stocks climb; gold, bitcoin drift after hitting record highs

March 6, 2024

SINGAPORE: Asian stocks rose on Wednesday as traders awaited policy cues from Beijing during its week-long annual session of parliament…

Markets

Bursa Malaysia lower on absence of fresh leads

March 6, 2024

KUALA LUMPUR: Trading on Bursa Malaysia remained cautious due to a lack of new catalysts, coupled with tomorrow's announcement of…

Markets

S&P, Nasdaq end at records buoyed by tech stocks

March 1, 2024

The S&P 500 and Nasdaq closed at record highs on Thursday, buoyed by tech stocks linked to AI, while inflation…

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Crypto World

1
Cryptocurrency, Markets

Four signs that show Ethereum’s rally is exhausted at $2.4K

May 8, 2026

Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000.Key takeaways:Low network activity signals declining usage and reduced…

2
Cryptocurrency

Revolut users report Bitcoin price glitch showing BTC at 2 cents

May 8, 2026

Revolut users reported that the app briefly displayed Bitcoin prices plunging to around $39,900 on Friday, while some traders also received notifications suggesting extreme price moves, including that BTC had reached a 52-week low of…

3
Cryptocurrency

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

May 8, 2026

European Central Bank (ECB) President Christine Lagarde said stablecoins are not Europe’s best route to strengthening the euro’s international role, pushing back against calls to respond to US dollar-backed stablecoins with euro-denominated tokens.Speaking on Friday…

4
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…

Economy

Economy

Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump

May 8, 2026
Economy

Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline

May 8, 2026
Economy

Here’s what to expect from Friday’s release of the April jobs report

May 8, 2026
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
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