Culture
Microsoft to cut about 9000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job…
Tag
bets
Culture
South Korea wealth fund to boost bets on AI startups, eyes China tech
South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader…
Culture
US: S&P 500, Nasdaq hit record closing highs amid trade negotiations, rate cut bets
Wall Street extended its rally on Friday (Jun 27), sending S&P 500 and Nasdaq to all-time closing highs as trade deal hopes fuelled…
Culture
Asia: Stocks climb, dollar holds on trade hopes and rate bets
Asian markets rose on Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US interest rate cuts.…
Culture
Currency traders ditching the US dollar for euro on option bets
The euro is taking on a bigger role in the global currency options market as traders skirt around the US dollar given the risks from…
Culture
AI bets that fuelled Big Tech’s surge now threaten rich profits
Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins…
Culture
US Treasuries end week on high note on demand for safer bets
A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid…
Culture
Dongfeng jumps on bets consolidation will sweep China car market
DONGFENG Motor Group surged almost 90 per cent in Hong Kong after the Chinese automaker said its parent company plans to restructure, a…
Culture
Hedge funds boost bearish oil bets as trade war threatens demand
Hedge funds increased bearish bets against oil by the most in three months on the prospect that duelling tariffs between the US and China…
Fashion
DeepSeek fever fuels patriotic bets on Chinese AI stocks
CHINESE investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead…
Culture
DeepSeek fever fuels patriotic bets on China AI stocks
CHINESE investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead…
Fashion
US: Wall St opens lower as investors dial back bets on Fed rate cuts this year
Wall Street’s main indexes opened lower on Monday (Jan 13), as yields surged after robust payroll numbers last week bolstered expectations…
News
Nvidia Bets Big on Robots
Nvidia’s next target Heading into 2025, Nvidia was facing tough questions about whether the chipmaker central to the artificial…
Fashion
Asian currency index falls to two-decade low on Fed, tariff bets
ASIAN currencies fell to a two-decade low, as the US dollar remains buoyed by robust US growth and president-elect Donald Trump’s…
Fashion
Gold rises for fifth day as US data lifts Fed rate-cut bets
GOLD nudged higher for a fifth straight session on Thursday (Dec 12) to hover near a more than two-week peak, supported by increased…
Culture
US: Wall St opens higher after inflation data solidifies rate-cut bets
Wall Street’s main indexes opened higher on Wednesday (Dec 11) after an in-line inflation reading kept intact bets on the Federal Reserve…
Culture
Bitcoin storms above US$100,000 as bets on Trump fuel crypto euphoria
Bitcoin catapulted above US$100,000 for the first time on Thursday (Dec 5), a milestone hailed even by sceptics as a coming of age for…
Fashion
BOJ rate-hike bets retreat as traders count down to key meeting
Market expectations of a Bank of Japan (BOJ) interest rate hike this month sank after a local media report cast doubt on an increase, and…
Culture
Gold edges higher as US rate-cut bets support bullion
GOLD prices edged higher on Tuesday (Dec 3), supported by growing expectations of a US interest rate cut this month, as focus shifted to…
Culture
Yen hits 6-week high after faster-than-expected inflation support bets for a Dec BOJ rate hike
THE Japanese yen jumped to a six-week high against the dollar on Friday (Nov 29) after faster-than-expected inflation in Tokyo supported…
Culture
Macquarie seeks Japan, India fund bets as China appetite cools
MACQUARIE Group, one of the world’s biggest infrastructure investors, is looking to deploy more of its growing Asia cash pile in markets…
Culture
Indonesia’s biggest taxi firm bets BYD plant to cut EV prices
Blue Bird aims for electric vehicles to account for 3% of its fleet by next year and to gradually increase the number to 20% by 2030…
Lifestyle
NFL Week 12 best upset bets: Titans, Panthers among underdogs to watch
BET $5, GET $150 BONUS BETS DRAFTKINGS SPORTSBOOK $100 BONUS OR $1,500 FIRST BET RESET (MUST USE CODE NEWSWEEK) ESPN BET $1,500 FIRST-BET…