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Category: Markets

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…

Markets

FBM KLCI bucks regional downtrend

May 2, 2024

KUALA LUMPUR: The local bourse bucked the downtrend seen in regional stock markets to stay in positive territory amid the…

Markets

Asia stocks rise as Fed tamps down hike fears; yen leaps

May 2, 2024

SINGAPORE: Asian stocks and U.S. futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike,…

Markets

Main Market-bound Feytech holdings aims to raise RM114.66mil from IPO

May 2, 2024

PETALING JAYA: Automotive cover and seat manufacturer Feytech Holdings Bhd aims to raise RM114.66 million from its initial public offering…

Markets

FBM KLCI nearly flat at lunch break

May 2, 2024

KUALA LUMPUR: Malaysia's blue-chip stock index was little moved while regional markets had a mixed reaction following the US Federal…

Markets

ACE Market-bound Smart Asia chemical aims to raise RM37.4mil from IPO

May 2, 2024

KUALA LUMPUR: Smart Asia Chemical Bhd, which is en route to a listing on the ACE Market of Bursa Malaysia…

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Crypto World

1
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

2
Cryptocurrency

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

May 2, 2026

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining…

3
Cryptocurrency

A16z sides with CFTC against states seeking to ban prediction markets

May 2, 2026

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital…

4
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

Economy

Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
Economy

Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era

May 2, 2026
Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
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