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Category: Markets

Markets

FBM KLCI hit fresh 3-year high on strong buying interest

July 17, 2024

KUALA LUMPUR: The FBM KLCI climbed to a fresh three-year high on Wednesday, bucking the downward trend seen in most…

Markets

FBM KLCI pulls back on profit-taking

July 12, 2024

KUALA LUMPUR: The FBM KLCI slipped back in the early session but remained on course to end on a weekly…

Markets

Japan’s Nikkei drops from record high on chip selloff, yen intervention nerves

July 12, 2024

TOKYO: The Nikkei share average plunged 2% on Friday, as tech stocks tracked a selloff in Wall Street peers and…

Markets

India’s cooling earnings speed to challenge stock frenzy

July 12, 2024

Investors in Indian equities expecting a robust earnings season to justify expensive valuations are likely to be disappointed. Strategists predict…

Markets

Well Chip public offering oversubscribed 12.87 times

July 12, 2024

KUALA LUMPUR: The public issue of Well Chip Group Bhd's initial public offering has been oversubscribed 12.87 times.

Markets

FBM KLCI slips as Wall Street indices fall on rotational selling

July 12, 2024

KUALA LUMPUR: The FBM KLCI saw some short-term profit-taking following a fall in the S&P500 and Nasdaq indices overnight as…

Markets

Nasdaq ends sharply lower as investors rotate out of Big Tech

July 12, 2024

The Nasdaq ended sharply lower on Thursday, hit by losses in Nvidia, Apple and Tesla as investors rotated into smaller…

Markets

Power-guzzling AI to drive ESG debt sales

July 12, 2024

The global artificial intelligence (AI) frenzy is driving demand for energy-intensive data centres, which could end up being a factor…

Markets

China cracks down on short sales, quants

July 12, 2024

China took some of its most extreme steps yet to restrict short selling and quantitative trading strategies, seeking to support…

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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