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LONDON (Reuters) - Cryptocurrency trading volumes soared by 17% last month in the wake of Tesla's $1.5 billion bitcoin bet, with larger exchanges taking a growing share of the overall volumes, data showed on Friday.
HONG KONG: Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its US$1.9bil Hong Kong listing to break through the headwind of US sanctions and the prospect of slower growth as vaccinations become widespread.
HONG KONG/SINGAPORE/KUALA LUMPUR: Malaysia's Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its $1.9 billion Hong Kong listing to break through the headwind of U.S. sanctions and the prospect of slower growth as vaccinations become widespread.
NEW YORK is the place where more startups – from electric vehicle (EV) battery makers to flying cars – have gone public by way of the boom in SPACs, or special purpose acquisition companies.
Kuala Lumpur: Analysts said the unknown pace of vaccination programmes mean the world's largest medical gloves maker could command a higher price for its stock by listing sooner rather than later, while the firm when announcing its plan on Friday talked up post-pandemic sales likely exceeding pre-pandemic levels.
SARAWAK Consolidated Industries Bhd (code: 9237) is looking to end its range-bound direction, having made a strong intra-day advance yesterday to retrace recent losses.
As cryptocurrency trading continues to rise, exchange Kraken is in talks to raise funding, which would more than double its valuation to RM40.5bil.
Reddit forum WallStreetBets is hard for humans to follow at the best of times. But spare a thought for the machines.
KOBAY Technology Bhd (code: 6971) could be seeing the end of its correction phase as it made a rebound near the support yesterday.
KUALA LUMPUR: The FBM KLCI slipped below the 1,600 pshychological support in morning trade as the market succumbed to selling pressure following recent gains.