Focus
US: Wall St opens strong as megacaps recover; inflation data in focus
Wall Street’s main indexes opened higher on Friday (Jul 26), with the Nasdaq taking the lead as most megacap tech and chip stocks recovered from the week’s pummelling and...
Netflix’s efforts to grow ad tier in focus as subscriber growth slows
NETFLIX likely added the fewest number of subscribers in five quarters during April to June as sharp gains following a crackdown on password sharing ebbed and viewer attention moved...
CNN to cut 100 jobs in major overhaul to focus on digital, memo shows
“We are building a billion dollar+ digital business of the future,” says CEO Mark ThompsonNews outlet CNN will cut about 100 jobs as part of a plan to consolidate...
Gold edges higher as focus turns to Fed Powell’s testimony
GOLD prices ticked up on Tuesday (Jul 9), with investors awaiting Federal Reserve chair Jerome Powell’s testimony and June inflation data to assess the next policy move by the...
Europe: Shares advance on rate optimism; UK election in focus
EUROPEAN shares rose on Thursday amid optimism around US interest rate cuts following soft economic data, while London markets gained as voting began in the UK general election with polls...
US dollar weakness helps pound and euro, elections in focus
THE pound and the euro gained against the US dollar, after weak US economic data sent the greenback lower on Wednesday (Jul 4) and as voting began in Britain...
Europe: Shares rise as Fed rate cut bets firm; focus on elections
EUROPEAN shares rose on Wednesday, as dovish comments from Federal Reserve Chair Jerome Powell and fresh US economic data firmed rate cut expectations, while investors awaited the second round of...
Singapore data centre industry likely to focus on AI niche for computational efficiency: experts
With the government’s latest road map, data centres will be better placed to serve higher-value workloads THE limited capacity in the data centre sector is likely to push the local data centre...
