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Category: Markets

Markets

Bursa ekes out slight gain as rally slows

May 21, 2024

KUALA LUMPUR: Bursa Malaysia is poised to enter a consolidation phase after riding high on strong economic growth and optimism…

Markets

US stocks mixed amid cautious Fed comments, gold shines

May 21, 2024

NEW YORK: Wall Street was mixed on Monday while gold jumped to an all-time high as investors weighed hawkish statements…

Markets

FBM KLCI at highest level since March 2022, rate cut hopes boost global sentiment

May 16, 2024

KUALA LUMPUR: Bursa Malaysia ended slightly off its intraday high today on renewed hopes of a possible two interest rate cuts…

Markets

Asia rides Wall St rally, dollar sags on inflation relief

May 16, 2024

TOKYO: Asian stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder U.S. inflation…

Markets

Bursa Malaysia joins rally on renewed US rate cut hopes

May 16, 2024

KUALA LUMPUR: Bursa Malaysia piggybacked a regional rally as a key US inflation report backed hopes the central bank will…

Markets

Smart Asia IPO public portion oversubscribed 37.98 times

May 16, 2024

KUALA LUMPUR: ACE Market-bound Smart Asia Chemical Bhd’s public portion shares under its initial public offering (IPO) have been oversubscribed by 37.98 times.

Markets

Bursa Malaysia picks up as US indices hit fresh records

May 16, 2024

KUALA LUMPUR: The overnight record-breaking performances of major US indices are returning some optimism to the domestic market, although the…

Markets

Wall St posts record closes as inflation data fuel rate-cut bets

May 16, 2024

Wall Street's three major indices notched record closes on Wednesday with the benchmark S&P 500 and the Nasdaq both advancing more…

Markets

Mid-sized IPOs missing from US rebound

May 16, 2024

The recovery in the US initial public offerings (IPOs) market is underway, with deal volumes growing year-on-year and sentiment improving.

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Crypto World

1
Cryptocurrency

The XRP signal that preceded 25% average drops in 2025 flashes again

July 6, 2025

Key takeaways:XRP has averaged 25% declines in 2025 following overbought Stochastic RSI signals.A descending triangle breakdown could push XRP price toward $1.14, while an analyst sees a deeper drop to $0.60.Bullish analysts expect breakouts toward…

2
Cryptocurrency

Crypto’s path to legitimacy runs through the CARF regulation

July 6, 2025

Opinion by: Alice Frei, head of security and compliance at Outset PRMore than 60 countries have signed on to CARF (Crypto-Asset Reporting Framework), marking 2027 as the year crypto goes fully on the grid, tax-wise.First…

3
Cryptocurrency

Tokenized equity still in regulatory grey zone — Attorneys

July 6, 2025

Tokenized stocks and private equity may face several legal challenges, as the emerging real-world asset (RWA) sits in a gray zone that does not grant holders the same legal rights as traditional asset owners, according…

4
Cryptocurrency

Mercado Bitcoin announces tokenization of $200M in RWAs on XRPL

July 6, 2025

Mercado Bitcoin, a major crypto exchange in the Latin America region, announced on Friday that it is tokenizing $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL).The real-world assets include tokenized fixed-income and…

Economy

Economy

Tax changes under Trump’s ‘big beautiful bill’ — in one chart

July 5, 2025
Economy

OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats

July 5, 2025
Economy

Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed

July 5, 2025
Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

July 5, 2025
Economy

OPEC+ members agree to larger-than-expected oil production hike in August

July 5, 2025
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