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Category: Markets

Markets

FBM KLCI, regional indices push higher on rate cut hopes

June 6, 2024

KUALA LUMPUR: Investors remained bullish on the FBM KLCI as hopes the Federal Reserve will slash interest rates in September…

Markets

Asia stocks rally as rate cut bets gather momentum; ECB in focus

June 6, 2024

SINGAPORE: Asian shares gained on Thursday on rising expectations the U.S. Federal Reserve will likely cut interest rates in September, while…

Markets

FBM KLCI pushes on as more US data points to rate cuts

June 6, 2024

KUALA LUMPUR: The FBM KLCI is rallying again as it takes its cue from Wall Street, which was buoyed overnight…

Markets

S&P 500, Nasdaq close at record highs as data supports Fed easing

June 6, 2024

The S&P 500 and Nasdaq indices hit record closing highs on Wednesday, powered mainly by technology stocks as markets digested…

Markets

Nasdaq unit explores private IPOs for startup stakes

June 6, 2024

Nasdaq Inc’s private market subsidiary is seeking to be the first in the United States to offer companies the option…

Markets

Australia gets rare premium in first green bond

June 6, 2024

Australia has commanded a premium for its first sovereign green bond, as investors are drawn by the nation’s credible framework…

Markets

Bursa Malaysia closes lower on profit-taking

June 6, 2024

Bursa Malaysia closed lower, but the key index remained above the 1,600 psychological level. The decline was primarily due to…

Markets

Bursa Malaysia closes higher on bargain hunting

June 6, 2024

KUALA LUMPUR: Bursa Malaysia closed higher on bargain hunting for stocks currently priced lower than usual after yesterday's profit-taking, said an analyst.

Markets

FBM KLCI loses early lead on profit-taking pressure

June 5, 2024

KUALA LUMPUR: The FBM KLCI ended the early session in the red, dashing hopes that the market's positive momentum would…

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Crypto World

1
Cryptocurrency

Is Bitcoin about to go parabolic? BTC price targets include $160K next

May 9, 2025

Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest…

2
Cryptocurrency

AI's GPU obsession blinds us to a cheaper, smarter solution

May 9, 2025

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense…

3
Cryptocurrency

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

May 9, 2025

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering…

4
Cryptocurrency

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

May 9, 2025

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on…

Economy

Economy

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

May 9, 2025
Economy

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it

May 9, 2025
Economy

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025
Economy

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 9, 2025
Economy

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks

May 9, 2025
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