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Category: Markets

Markets

Stock exchanges told to improve how they deal with outages

June 5, 2024

LONDON: Stock exchanges and other trading platforms should draw up and make public plans for dealing with outages to provide greater…

Markets

Bursa Malaysia closes lower on profit-taking

June 5, 2024

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

Markets

Stocks in Asia gain on rate-cut wagers, India markets choppy

June 5, 2024

SINGAPORE: Asian stocks broadly rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up…

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…

Markets

FBM KLCI momentum to build after weak US labour data

June 5, 2024

KUALA LUMPUR: The FBM KLCI is expected to build on its momentum from the previous session as weak economic data…

Markets

Malaysia the sole Asean country to post net foreign inflows in May – AmInvestment

June 5, 2024

KUALA LUMPUR: Malaysia recorded net foreign equity inflows exceeding RM1 billion in May 2024, making it the only ASEAN country in…

Markets

Wall Street stocks end slightly higher as weak jobs data supports rate cut

June 5, 2024

NEW YORK: U.S. stocks ended a shade higher on Tuesday following softer-than-expected labor market data that reaffirmed expectations of an interest…

Markets

Foreign investors’ net selling exceeds US$2.3bil

June 5, 2024

Foreign investors have net sold Vietnamese stocks on the Ho Chi Minh Stock Exchange with a value of 58 trillion…

Markets

Sustainable momentum

June 5, 2024

After what appeared to be a commendable first quarter of results for Corporate Malaysia, analysts are keeping a cautiously optimistic…

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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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