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Category: Markets

Markets

FBM KLCI rises on dovish Fed remarks, ahead of BNM OPR

July 11, 2024

KUALA LUMPUR: The FBM KLCI continued its rally as Wall Street stocks continued to pile on gains following dovish remarks…

Markets

Nvidia leads Nasdaq, S&P 500 to record high closes

July 11, 2024

The Nasdaq and S&P 500 rallied to record high closes on Wednesday, fuelled by gains in Nvidia and other Wall…

Markets

Managers take on Wall Street’s least loved label

July 11, 2024

One of the most beleaguered financial labels on Wall Street has quietly been making inroads in the private credit market.

Markets

Turkiye to enter international bond market for third time this year

July 11, 2024

Turkiye has entered the international bond market for the third time this year, capitalising on increasing investor confidence as inflation…

Markets

Short sellers gain US$10bil in second quarter

July 11, 2024

Short sellers had a lucrative second quarter this year, managing to successfully bet against stocks even as the overall market…

Markets

Former CEO of Naim Indah sued for insider trading

July 11, 2024

The Securities Commission (SC) has filed a civil suit against Datuk Raymond Chan Boon Siew for insider trading involving the…

Markets

FBM KLCI gains momentum to close at 1,618 points

July 11, 2024

Bursa Malaysia continued its upward momentum to end higher for the second consecutive day yesterday as gains were largely supported…

Markets

FBM KLCI rises for second day on Fed rate cut optimism

July 10, 2024

KUALA LUMPUR: The FBM KLCI finished higher for the second straight day, buoyed by investor optimism about potential US rate…

Markets

Sorento Capital gets nod from Bursa for ACE Market IPO

July 10, 2024

KUALA LUMPUR: Bathroom and kitchen sanitary ware solution provider, Sorento Capital Bhd has received approval from Bursa Malaysia Securities Bhd…

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Crypto World

1
Cryptocurrency

US lender Newrez to accept crypto holdings in mortgage approval

January 16, 2026

Newrez plans to treat eligible cryptocurrency holdings as qualifying assets in its mortgage underwriting process, a move that could broaden access to home loans for crypto holders.The change is expected to take effect in February…

2
Cryptocurrency

Goldman Sachs CEO says CLARITY Act ‘has a long way to go‘

January 16, 2026

David Solomon, CEO of banking giant Goldman Sachs, has weighed in on the pending digital asset market structure legislation, action on which was recently postponed by the US Senate Banking Committee.In a Thursday earnings call…

3
Cryptocurrency

Crypto’s bank-like turn puts JPMorgan on edge

January 16, 2026

A sharp fault line is forming across the digital asset industry between crypto products that increasingly resemble regulated financial institutions and a traditional banking sector warning that some of those innovations may be going too…

4
Cryptocurrency

Sygnum sees tokenization and state Bitcoin reserves taking off in 2026

January 15, 2026

US regulatory developments may unlock a new phase of blockchain adoption in 2026, including sovereign Bitcoin reserves and a broader shift by banks toward tokenized financial infrastructure, according to a report by crypto banking group…

Economy

Economy

OpenAI has committed billions to recent chip deals. Some big names have been left out

January 16, 2026
Economy

Trump floats new tariffs in push to acquire Greenland

January 16, 2026
Economy

Hassett pivots to possible ‘Trump cards’ amid credit card interest rate battle with banks

January 16, 2026
Economy

Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran

January 15, 2026
Economy

TSMC delivers another record quarter as profit jumps 35% fueled by robust AI chip demand

January 15, 2026
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