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IMF warns of dim outlook for world economy hit by rolling shocks
The global economy is expected to grow by 3.2% this year, up from 3% predicted in July[WASHINGTON] The International Monetary Fund warned that the global economy is showing signs...
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...
US air traffic control staffing hit for second day, delaying flights
[WASHINGTON] Air traffic control staffing issues are delaying flights for a second straight day at numerous US airports as the government shutdown reaches its seventh day, the Federal Aviation...
SK Hynix shares hit record with news of AI memory milestone
The Seoul-traded chipmaker, whose shares are up roughly 90% over the past year, is now worth close to US$170 billion[SEOUL] SK Hynix’s stock climbed as much as 5.9 per...
Google hit with 2.95-billion-euro EU antitrust fine over adtech practices
[BRUSSELS] Alphabet’s Google was hit with a 2.95-billion-euro (S$4.4 billion) EU antitrust fine on Friday (Sep 5) for anti-competitive practices in its lucrative adtech business, marking its fourth penalty...
US: S&P 500, Nasdaq hit record high after weak jobs data
Published Fri, Sep 5, 2025 · 09:51 PM[NEW YORK] The S&P 500 and the Nasdaq hit record highs on Friday (Sep 5) after weaker-than-expected August jobs data bolstered expectations...
Apple’s India sales hit record US$9 billion after big retail push
[NEW DELHI] Apple’s annual sales in India hit a record of nearly US$9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the...
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
[SINGAPORE] In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion of digital assets held or traded in a single...
