Leadership
Asia currencies set for worst week in year as Fed cut bets pared
ASIAN currencies are set for their worst week in more than a year as traders pare bets on aggressive US Federal Reserve interest-rate cuts.A Bloomberg gauge of Asian currencies...
Asia: Crude stable after Israel-Iran surge, Hong Kong stocks resume gains
OIL prices stabilised on Friday (Oct 4) after soaring on fears about the Middle East crisis as investors await Israel’s response to Iran’s missile attack, while shares in Hong...
Citadel boosts Asia fundamental equities headcount past 60
CITADEL’S US$64 billion hedge fund business has increased its Asia fundamental equities headcount to more than 60 people in just over three years, according to sources familiar with the...
US port strike ends, leaving cargo backlog
US East Coast and Gulf Coast ports began reopening late on Thursday (Oct 3) after dockworkers and port operators reached a wage deal to settle the industry’s biggest work...
Cisco nears investment in CoreWeave at US$23 billion valuation
CISCO Systems agreed to invest in CoreWeave, a cloud-computing provider that’s among the hottest startups in artificial intelligence (AI), as part of a transaction that values the company at...
Tesla plans four new batteries in 2026, including for robotaxi: report
TESLA plans to design four new versions of its in-house battery to power the Cybertruck, its forthcoming robotaxi and other electric vehicles (EVs), The Information reported on Thursday (Oct...
US: Stocks fall amid caution over Middle East
WALL Street stocks slipped on Thursday (Oct 3), extending a downcast week as markets assessed tensions in the Middle East and awaited key US jobs data.Oil prices jumped after...
China’s WuXi explores sale of pharma operations as US restrictions loom: FT
WUXI AppTec and WuXi Biologics are planning to sell some of their operations after the Chinese biotech companies were targeted by the US on national security grounds, the Financial...
