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Category: Markets

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…

Markets

Dow ends higher, Treasury yields pressure market

May 9, 2024

The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight and closing above 39,000…

Markets

FBM KLCI stays firm, but profit-taking pressures mount

May 8, 2024

KUALA LUMPUR: The rally on the domestic market could be taking a pause as global markets digest recent gains following…

Markets

KLCI dips on profit taking, stays firmly above 1,600 level

May 8, 2024

KUALA LUMPUR: The FBM KLCI finished marginally on Wednesday but remained firmly above the 1,600-point level, as profit-taking on select…

Markets

Sidrec: Number of claims, enquiries received up 11% to 266 in 2023

May 8, 2024

KUALA LUMPUR: The Securities Industry Dispute Resolution Centre (SIDREC) received 266 claims and enquiries in 2023, up 11 per cent from 239 in…

Markets

S&P, Dow extend closing streaks despite Disney drag

May 8, 2024

The S&P 500 and Dow Jones Industrial Average both clung onto gains to end slightly higher on Tuesday, extending recent…

Markets

FBM KLCI’s bullish momentum

May 8, 2024

The FBM KLCI hit a new milestone recording RM2 trillion in market capitalisation for the first time ever as the…

Markets

FBM KLCI drifts sideways in search of fresh leads

May 8, 2024

KUALA LUMPUR: Malaysia's benchmark stock index erased earlier gains in the lead up the midday break as investors took profit…

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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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