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Category: Markets

Markets

FBM KLCI jumps on renewed interest in blue chips

June 4, 2024

KUALA LUMPUR: The FBM KLCI climbed over the early session as bargain-hunting took over following the end of the first-quarter…

Markets

Foreign investors register sales of RM1.24bil net of domestic stocks

June 4, 2024

KUALA LUMPUR: Foreign investors snapped a five-week buying streak to turn net sellers in the previous week to the tune…

Markets

Tech rally, bargain-hunting pushes FBM KLCI above 1,600

June 4, 2024

KUALA LUMPUR: There could be bargain-hunting on the domestic market following the previous week's correction following a return in global…

Markets

Wall Street stocks fall weighed by soft manufacturing data, NYSE glitches

June 4, 2024

NEW YORK: U.S. stocks were mostly lower in a choppy session on Monday following soft manufacturing sector data and as a…

Markets

NYSE glitch sparks volatility in dozens of stocks

June 4, 2024

A GLITCH at the New York Stock Exchange (NYSE) triggered massive swings in the shares of Berkshire Hathaway and Barrick Gold,…

Markets

High expectations for corporate earnings

June 4, 2024

PETALING JAYA: Corporate Malaysia ended the first quarter of 2024 (1Q24) with a mixed bag of results that caused investors…

Markets

Maiden green bond attracts funds keen on curve building

June 4, 2024

SYDNEY: Investors are welcoming Australia’s plans to build a sovereign green bond curve following its debut issuance this week, even…

Markets

Wall Street set to open lower as fears of sluggish growth increase

June 4, 2024

U.S. stock futures were in the red on Tuesday as investors grew more concerned about the strength of the world's…

Markets

Bursa Malaysia rallies, FBM KLCI up 18.72 points

June 4, 2024

KUALA LUMPUR: Bursa Malaysia staged a strong rally on Tuesday thanks to improved risk appetite amid mixed regional markets.

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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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