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Category: Markets

Markets

FBM KLCI enters lunch break in positive territory

April 8, 2024

KUALA LUMPUR: The FBM KLCI found its footing after a wobbly start, ending the morning session in positive territory as…

Markets

Foreign funds continue net selling of Malaysian stocks for sixth week

April 8, 2024

KUALA LUMPUR: The net outflow of foreign funds from Bursa Malaysia continued into its sixth week with RM336.mil net sales,…

Markets

Bursa Malaysia stays cautious ahead of Raya break

April 8, 2024

KUALA LUMPUR: Bursa Malaysia opened with heightened caution on Monday as investors chose to sit by the sidelines ahead of…

Markets

Bursa Malaysia makes swift rebound to end higher

April 4, 2024

KUALA LUMPUR: Bursa Malaysia rebounded strongly to end higher today, making a swift recovery of its losses from the previous session, supported by mostly…

Markets

Nikkei leads Asia higher as yen slips; commodities on a roll

April 4, 2024

SYDNEY: Asian shares rallied on Thursday as U.S. rate cuts remained on the menu, even if their timing was unclear,…

Markets

S&P 500, Nasdaq close higher after Fed comments

April 4, 2024

The S&P 500 and Nasdaq closed higher on Wednesday after data showing the US services industry growth slowed further in March,…

Markets

FBM KLCI jumps on improved global growth outlook

April 4, 2024

KUALA LUMPUR: Investors ramped up the buying of blue chips on Bursa Malaysia as recent inflation data coming out of…

Markets

Bursa Malaysia drifts lower on negative Wall Street performance

April 4, 2024

Bursa Malaysia drifted lower yesterday, snapping a three-day winning streak, taking cues from the negative developments on Wall Street overnight,…

Markets

FBM KLCI shows slight recovery amid mixed Wall St close

April 4, 2024

KUALA LUMPUR: The domestic stock index opened on a slight rebound following the previous day's sharp decline as Wall Street…

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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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