Business
MiniMax shares surge 25% as optimism over Chinese AI firms grows
MiniMax Group shares surged in Hong Kong, buoyed by growing investor confidence in the technology offered by China’s generative artificial…
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Malaysian ringgit hits highest since 2018 on AI, growth optimism
The Malaysian ringgit rose to the strongest level in more than seven years, buoyed by optimism over the country’s ties to the artificial…
Business
Asian shares near record high on AI optimism, dollar up on receding Fed cut bets
Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after…
Business
US stocks: Dow ends at record high; chip stocks jump on AI optimism
WALL Street ended higher on Tuesday, as chip stocks surged on renewed AI optimism, Moderna rallied and the Dow Jones Industrial Average…
Business
After a tepid 2025, cautious optimism is building for private equity in 2026
More sectors could become attractive to investors next year as valuations are largely reset The expected rebound in the private-equity…
Business
European stocks hover near record on lingering policy optimism
EUROPEAN stocks hovered near a record on Friday, wrapping up the final full trading week of the year with optimism around further policy…
Business
European shares gain after US inflation data, ECB rate decision aids investor optimism
EUROPEAN shares made broad-based gains on Thursday, with lower-than-expected US inflation strengthening hopes for Federal Reserve interest…
Business
Malaysian ringgit hits highest in four years on growth optimism
It rose 0.3% versus the greenback to 4.0955 on Friday, the highest since May 2021 The Malaysian ringgit reached the strongest level…
Business
Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing Gold prices edged higher on Monday (Dec…
Business
Europe: Shares clock weekly gains on ongoing Fed cut optimism
European shares were little changed on Friday (Dec 5) and ended the week with modest gains, while investors evaluated a long-delayed US…
Business
Equities climb on Fed rate cut optimism, Boeing surges
US stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday (Dec 2), buoyed by gains in technology…
Business
Europe: Shares recover on US rate-cut optimism; Ukraine peace talks in focus
Stoxx 600’s gains this year have been driven in part by defence stocks on prospects of higher Nato spending European shares ended higher…
Business
Gold gains for fourth day on softer dollar, Fed rate-cut optimism
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US…
Business
Malaysian ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependent economy has been buoyed by signs that global demand is picking up Malaysia’s ringgit is hovering near its…
Business
Ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependant economy has been buoyed by signs that global demand is picking up Malaysia’s ringgit is hovering near its…
Business
US: Wall Street opens higher on optimism for AI demand
Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a…
Business
Asia: Most markets rise on lingering trader optimism
Most stocks rose in Asian trade on Monday (Nov 3) after a busy last week, with optimism supported by another AI-led tech rally on Wall…
Business
Oil settles higher on large drop in US stockpiles, trade optimism
Oil prices rose on Wednesday after data showed US crude and fuel inventories drew down more than expected last week, and as US President…
Business
Gold hovers near two-week low as US-China trade optimism dents demand
Gold prices hovered n Tuesday (Oct 28) near their lowest in more than two weeks, as optimism over a possible US-China trade deal dented…
Business
Wall St scales fresh highs on tech earnings, US-China trade optimism
US-listed shares of Argentine companies have jumped after President Javier Milei’s election victory Wall Street’s main indexes posted…
Business
Wall Street scales fresh highs on tech earnings, US-China trade optimism
US-listed shares of Argentine companies have jumped after President Javier Milei’s election victory Wall Street’s main indexes posted…
Business
Chinese firms speed up US dollar selling amid optimism towards yuan
The PBOC set the yuan’s daily reference rate at its strongest in about a year this month Chinese banks helped clients offload overseas…
Business
Chinese firms speed up US dollar selling amid optimism towards renminbi
The clients include exporters, importers and some investors in overseas financial assets Chinese banks helped clients offload overseas…
Business
Gold extends retreat from record high on profit-booking, trade optimism
The Fed will lower its key interest rate by 25 basis points next week and again in December Gold prices fell further on Wednesday (Oct…