Deepens
Singapore, Asia markets bleed as Wall Street rout deepens; YZJ Shipbuilding sinks over 5%
[SINGAPORE] Asian markets took a beating at the open on Friday (Feb 6) after a new round of heavy selling hit US tech stocks and crypto. Yangzijiang Shipbuilding was...
BNY deepens AI, digital asset embrace as it enters next phase: CEO Robin Vince tells BT
The New York-based bank has invested heavily in AI and culture transformation and is ready for its next stage, says Vince in an exclusive interview[SINGAPORE] Three years into its...
Nike’s China conundrum deepens as turnaround stagnates
Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines[NEW YORK] Nike is running out of time to prove its China...
Bitcoin is on the verge of erasing year’s gain as the rout deepens
The fear and greed index, a gauge of market sentiment on crypto data platform CoinMarketCap, is nearing ‘extreme fear’, indicating the rising expectations for future sell-offs[NEW YORK] Bitcoin fell...
Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
[FRANKFURT] Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in the country remains weak...