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Category: Markets

Markets

Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion

May 7, 2024

KUALA LUMPUR: Bursa Malaysia today hits a new record of more than RM2 trillion in equities market capitalisation.

Markets

FBM KLCI soars above 1,600, highest in over two years

May 7, 2024

KUALA LUMPUR: Share prices on Bursa Malaysia marched higher for the fourth straight trading session, as investors piled into blue…

Markets

Asia shares rise on rate cut bets; Aussie slips on RBA

May 7, 2024

SINGAPORE: Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. interest rate cuts, while a weaker yen and…

Markets

FBM KLCI pushes past 1,600

May 7, 2024

KUALA LUMPUR: Malaysia's benchmark stock index continued to ride the positive momentum higher as foreign funds returned amid expectations of…

Markets

Renewed bets on Fed cuts boost KLCI to 1,600

May 7, 2024

KUALA LUMPUR: Rising global sentiment over renewed bets the US Federal Reserve will cut interest rates this year is keeping…

Markets

Wall Street closes higher for third session on rate cut optimism

May 7, 2024

US stock indexes closed higher on Monday, their third straight session of advances, as investors continued to gain hope that…

Markets

Bursa Malaysia bounces back to 52-week high

May 7, 2024

KUALA LUMPUR: Bursa Malaysia extended last week’s gains to close higher for the third consecutive session yesterday, with the key…

Markets

Wall St set to open higher as Fed allays rate-hike concerns

May 2, 2024

U.S. stocks were poised for a higher open on Thursday, a day after the Federal Reserve left interest rates unchanged…

Markets

Asian equities slip on Fed decision; Indonesia drops as inflation rate eases

May 2, 2024

STOCKS in Indonesia extended losses on Thursday as data showed that the country's inflation rate had eased, while other equities…

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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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