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Category: Economy

Economy

US retail sales rebound in February; weekly jobless claims fall

March 14, 2024

WASHINGTON: U.S. retail sales rebounded in February, driven by increases at auto dealerships and gasoline service stations, but consumer spending…

Economy

Expansion in global PMI a boon for Malaysia

March 14, 2024

Malaysia’s industrial production index (IPI) is expected to gather steam this year in line with better global manufacturing purchasing managers’…

Economy

Global fuel prices are surging on supply risks

March 14, 2024

Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making…

Economy

Chip upcycle under way

March 14, 2024

With global semiconductor sales in January growing at the fastest pace in 20 months, this likely marks the beginning of…

Economy

Russia: Broker to take on frozen assets swap

March 13, 2024

Russians who own frozen foreign securities will be able to apply from March 25 to sell them to foreigners with…

Economy

UK economy grows by 0.2% in January

March 13, 2024

LONDON: Britain's economic output grew by an as expected 0.2% in January, after entering a shallow recession in the second…

Economy

Wholesale, retail trade sales up 5.4% to RM142.4bil in January 2024 – DoSM

March 13, 2024

KUALA LUMPUR: Malaysia’s wholesale and retail trade recorded a sales value of RM142.4 billion, an increase of 5.4 per cent…

Economy

Miti to leverage on insights from survey

March 13, 2024

The Investment, Trade and Industry Ministry (Miti) will leverage on insights from the American Malaysian Chamber of Commerce’s (Amcham) Economic…

Economy

Industrial output gets off to a good start

March 13, 2024

While the industrial production index (IPI) registered a better-than-expected performance in January, it remains to be seen if the momentum…

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Crypto World

softswiss casions 1
Cryptocurrency

The SoftSwiss Scandal: How a Shadow Network Played the System with Millions at Stake

February 12, 2026

In explosive testimony delivered by SoftSwiss founder Ivan Montik during the Wirecard trial, the true scope of a massive unregulated financial scheme has been laid bare. Far from being just a B2B service provider, SoftSwiss…

2
Cryptocurrency

ARK Invest adds $34M Robinhood stake as Bitcoin falls below $66K

February 12, 2026

ARK Invest, the investment firm led by Bitcoin bull Cathie Wood, snapped up a significant batch of crypto-linked stocks on Wednesday as BTC briefly dipped below $66,000.ARK purchased 433,806 shares of Robinhood (HOOD) for approximately…

3
Cryptocurrency

Binance completes $1B Bitcoin conversion for SAFU emergency fund

February 12, 2026

Binance completed the $1 billion Bitcoin conversion for its emergency fund, committing to holding Bitcoin as its core reserve asset.Binance purchased another $304 million worth of Bitcoin (BTC) on Thursday, completing the conversion of $1…

4
Cryptocurrency

Bankers push OCC to slow crypto trust charters until GENIUS rules clarified

February 12, 2026

The American Bankers Association (ABA) is urging the Office of the Comptroller of the Currency (OCC) to slow its approval of national trust bank charters for crypto and stablecoin firms until the regulatory landscape under…

Economy

Economy

Meet the high-profile Emirati business leader lawmakers are linking to Epstein ‘torture’ email

February 12, 2026
Economy

Mercedes shares fall 5% after full-year earnings halve on tariffs, China competition

February 12, 2026
Economy

House votes to override Trump’s Canada tariffs

February 12, 2026
Economy

The delayed January jobs report will be released Wednesday. Here’s what to expect

February 10, 2026
Economy

The AI threat wrecked software stocks. Now financial stocks look next with LPL closing 8% lower

February 10, 2026
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