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Category: Markets

Markets

Fraud concerns raise red flags for Mumbai’s booming IPOs

May 15, 2024

A string of accounting frauds unearthed by India’s securities regulator this month poses another risk to the blistering rally in…

Markets

FBM KLCI rises slightly at midday, YTL stocks rally

May 14, 2024

KUALA LUMPUR: Malaysia's benchmark stock index bounced higher in morning trade after a negative start as investors traded horizontally in…

Markets

FBM KLCI moves sideways ahead of key economic data

May 14, 2024

KUALA LUMPUR: The FBM KLCI continued to drift sideways in a week chockfull of economic releases, which would help to…

Markets

S&P 500 barely changes as investors hold tight ahead of inflation data

May 14, 2024

THE S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they…

Markets

Wall St set for muted open as weak earnings offset jobless claims relief

May 9, 2024

U.S. stock indexes were set for a muted open on Thursday as a slate of downbeat earnings offset the impact…

Markets

FBM KLCI steps back 0.22%, VSTECS hits record

May 9, 2024

KUALA LUMPUR: The FBM KLCI took a small step back today on profit-taking amid cautious sentiment.

Markets

FBM KLCI retreats to 1,600

May 9, 2024

KUALA LUMPUR: The FBM KLCI retreated to the psychological support of 1,600 points at midday as investors took profit in…

Markets

Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices

May 9, 2024

HONG KONG: Hong Kong and Saudi Arabia are exploring the creation of an exchange-traded fund (ETF) tracking Hong Kong indices, Hong…

Markets

FBM KLCI drifts as investors await fresh leads

May 9, 2024

KUALA LUMPUR: The FBM KLCI is expected to trend sideways after hitting the 1,600 level earlier this week as investors…

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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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