Business
Bitcoin rally fuelled by Trump loses steam as year draws to close
THE Bitcoin rally sparked by US president-elect Donald Trump’s election victory in early November is stalling as 2024 draws to a close.…
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rally
Business
Bitcoin rally fizzles as token’s record-breaking year winds down
A BITCOIN rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus…
Business
Asia: Stocks up as ‘Santa Rally’ persists
ASIA’S stocks rose in thin Boxing Day trade on Thursday (Dec 26), extending a “Santa Rally” with key markets Hong Kong and Sydney still…
Business
India puts brakes on a 10,000% stock rally over fake disclosures
India’s securities market regulator on Monday (Dec 23) suspended trading in shares of Bharat Global Developers, the latest in a string of…
Business
Asia: Markets track Wall Street rally as US inflation eases rate worries
ASIAN markets rose on Monday (Dec 23)after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered…
Business
US: Stocks rally after inflation data but close lower for the week
US stocks rallied to close out the trading week on Friday (Dec 20) after two lacklustre sessions as a cooler-than-expected inflation…
Business
China’s ‘old shop’ jeweller bucks slowdown with 437% stock rally
IF ANYTHING glitters in China’s otherwise dour retail jewellery landscape, chances are it just might be from Laopu Gold. The Bejing-based…
Business
Clip shows spectators at Libya motoring event, not pro-Imran Khan rally in Pakistan
Supporters of Pakistan's jailed ex-leader Imran Khan defied a ban on public gatherings and marched to the capital Islamabad in late…
Business
Crypto volatility picks up as Trump-fueled rally starts to fray
A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump’s embrace of the sector begins to cool. Bitcoin…
Business
Crypto volatility picks up as Trump-fuelled rally starts to fray
A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump’s embrace of the sector begins to cool. Bitcoin…
Business
Clip shows worshippers in East Timor after pope's mass, not opposition rally in Pakistan
As authorities in Pakistan tightened security ahead of a planned protest march by jailed former premier Imran Khan's party, a video was…
Business
Japan's Nikkei hits three-week closing high in widespread rally
Japan’s Nikkei share average hit a three-week closing high on Tuesday (Dec 3) as heavyweight chip stocks led a broad rally on the back of…
Business
Bitcoin’s rally stalls after nearing the historic US$100,000 level
BITCOIN retreated after a rally towards US$100,000 sputtered just shy of the historic level amid warnings that investor optimism stemming…
Business
History is useless for Wall Street pros betting on stock rally
Investors have a challenge in betting on the usual stock market rally that tends to arrive after a presidential election: With the S&P 500…
News
Democrats rally behind first out transgender member of Congress, decry Republican attacks
At a Democratic caucus meeting Tuesday, Rep. Becca Balint (D-Vt.) watched as colleagues approached and offered their support to Rep.-elect…
Business
SMIC’s Nvidia-beating 120% stock rally faces chip war threats
SEMICONDUCTOR Manufacturing International Corporation’s (SMIC) stock has more than doubled over the past two months on an expected boost…
Business
Souring S&P 500 profit outlook a bad sign for stock market rally
Wall Street analysts are quickly scaling back their forecasts for Corporate America’s earnings growth over the next year, which could pump…
Business
Brokers’ take: RHB upgrades Bumitama Agri to ‘buy’ on CPO price rally
WITH the continued run-up in crude palm oil (CPO) prices, RHB Research has upgraded its call on palm oil producer Bumitama Agri to “buy”…
Business
Tesla fans go all in driving US$300 billion rally on Trump win
TESLA fans have been reinvigorated by Donald Trump’s presidential triumph. The stock’s climb has been seemingly unstoppable as investors…
Business
US: Wall Street at record highs as post-election rally continues
WALL Street’s main indexes opened at record highs on Monday (Nov 11) as optimism on proposed tax cuts and expectations of an easier…
Business
US: S&P 500 breaks 6,000 level as Trump and Fed-fueled rally advances
THE S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump’s election…
Business
US: Wall St opens flat as rally from Trump win, rate cut cools
WALL Street opened on a muted note on Friday (Nov 8), as a rally powered by a sweeping Trump win and an expected interest-rate cut paused,…
Business
Singapore banks lead STI rally; index closes up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 10-year high. It was up 1.4 per cent or 50.88 points at…
Business
Singapore banks lead STI rally to 17-year high; index up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 17-year high. It was up 1.4 per cent or 50.88 points at…