Business
Europe: Shares clock weekly gains on ongoing Fed cut optimism
European shares were little changed on Friday (Dec 5) and ended the week with modest gains, while investors evaluated a long-delayed US…
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Cut
News
‘Sholay: The Final Cut’ Trailer Unveiled Ahead of Golden Anniversary Release (EXCLUSIVE)
The trailer for “Sholay: The Final Cut” has been unveiled, previewing the Dec. 12, 2025 worldwide theatrical release of India’s most…
Business
Asian markets mixed ahead of US data, expected Fed rate cut
Focus is now on the release later Friday of the personal consumption expenditures index Asian markets struggled into the weekend on Friday…
Business
Oil settles up on expectations of Fed rate cut, Ukraine peace talks stalling
US crude futures briefly rose more than US$1 a barrel earlier in the session as global shares rose Oil prices settled up on Thursday (Dec…
Business
Meta stock price: META rises on report that Zuckerberg will cut up to 30% of metaverse division
Shares of Meta Platforms, Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across…
Business
Meta’s Zuckerberg plans 30% budget cut to metaverse unit, potentially triggering January layoffs: sources
The proposed metaverse cuts are part of the company’s annual budget planning for 2026 Meta Platforms’ Mark Zuckerberg is expected to…
Business
Rio Tinto outlines plan to cut costs, raise productivity at strategy day
Rio Tinto CEO Simon Trott outlined a plan to focus on cost cuts and productivity gains at his first strategy day on Thursday (Dec 4) as he…
Business
Asian markets stumble as traders struggle to hold Fed cut rally
Bets on a US reduction on Wednesday have surged to around 90% in the past two weeks Asian markets struggled to maintain their early…
Business
Indexes close higher as data keeps Fed rate cut expectations elevated
US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut…
Business
Stock market hovers near all-time high on Fed rate cut expectations and retail rally
The U.S. stock market is drifting near its record levels on Wednesday following mixed reactions to profit reports from Macy’s, Marvell…
Business
Philippines' slow growth raises chance of December rate cut, says central bank chief
Data last month showed annual growth slowed to a four-year low of 4.0% in the third quarter A slower growth outlook for the Philippines…
Business
Major Chinese banks cut high-yield deposit products to ease margin pressure
Some major Chinese commercial banks have removed five-year, large-scale certificates of deposit that carry a high yield from their…
Business
Equities climb on Fed rate cut optimism, Boeing surges
US stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday (Dec 2), buoyed by gains in technology…
Business
Asian markets rise as US rate cut bets temper Japan bond unease
Stocks rose on Tuesday (Dec 2) following the previous day’s stutter as more weak US data helped solidify US interest rate cut optimism and…
Business
Ad giant Omnicom to cut over 4,000 jobs, fold legacy brands after IPG takeover
The advertising industry faces a serious threat as artificial intelligence reshapes creative production and tech giants Omnicom said on…
Business
Omnicom to cut over 4,000 jobs and shutter legacy ad agencies after IPG acquisition
Omnicom said on Monday it will lay off more than 4,000 employees and fold several well-known advertising agency brands after its $13…
News
5 simple ways AI can cut email time to near zero
Let’s be honest: email kinda sucks. It’s not just the writing: it’s also the reading, the sorting, the figuring out what the third reply…
Business
European shares clock monthly gains on Fed rate cut hopes
Next week, investors expect some focus on Russia-Ukraine peace talks. European shares ended higher on Friday (Nov 28), capping a strong…
Culture
Shu Qi on ‘Girl,’ Director’s Cut Plans and a Possible Trilogy at Singapore Film Festival Conversation
Shu Qi arrived at the Singapore International Film Festival with the clarity of someone closing a long, emotionally taxing cycle. Her…
Business
US: Wall Street extends rally on growing bets for December Fed rate cut
Wall Street gained ground on Wednesday as revived tech strength and the growing probability of a December interest rate cut from the US…
Business
Europe’s Stoxx 600 climbs on Fed cut hopes; banks rally post-UK budget announcement
EUROPE’S main equity indexes closed higher on Wednesday, led by technology stocks as growing expectations of a US rate cut boosted global…
Culture
Allianz to cut up to 1,800 jobs due to AI advances
German insurance group Allianz plans to cut up to 1,800 jobs in its travel insurance division, mainly in call centres, as artificial…
Business
Asian stocks extend global rally as data boost rate cut hopes
ASIA extended a global equities rally on Wednesday after another round of tepid US data reinforced expectations that the Federal Reserve…
Business
Gold drifts higher on US rate cut expectations
Markets are pricing in an 84% chance of a Fed rate cut next month, compared to 50% last week, according to CME Group data Gold prices…