Leadership
Bitcoin extends decline to US$104,782 as Trump escalates US-China trade war
[BENGALURU] Bitcoin, the world’s largest cryptocurrency by market value, extended declines on Friday (Oct 10) after US President Donald Trump escalated his trade conflict with China.Trump on Friday said...
US: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting the consumer sentiment data for...
Tata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
[MUMBAI] Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial intelligence reshape the country’s US$280 billion IT...
Seatrium shares plunge 7.8% after US$475 million Maersk offshore Wind contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares[SINGAPORE] Shares of Seatrium plunged as much as 7.8 per cent on...
US dollar mixed as yen sell-off wanes, euro hit by French politics
[NEW YORK] THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political...
Surprise rate decisions in Asia signal growing economic unease
They underscore growing domestic economic and market uncertainties exacerbated by US tariffs[HONG KONG] Three central banks over two days surprised markets and economists with unexpected interest rate decisions, each...