Business
US: Wall Street mostly down as tech still under pressure
stocks closed mostly lower on Wednesday as the tech sector remained under pressure while investors kept an eye on retail earnings and…
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Pressure
Business
Perplexity AI Makes $34.5B Surprise Bid for Google's Chrome Amid Antitrust Pressure
In a surprising move, a three-year-old startup, Perplexity AI, has offered a $34.5 billion all-cash deal to buy Google Chrome, home to…
Business
Gold extends rise as Fed rate-cut bets pressure dollar
Gold rose for a third straight session on Thursday (Aug 14), helped by a weaker US dollar and lower Treasury yields as traders raised bets…
News
Protesters in Israel intensify pressure against plan to expand Gaza war
Thousands of protesters have taken to the streets across Israel to oppose the government's plan to expand its military operation in Gaza.…
Business
US dollar softness to relieve pressure on Asia’s foreign exchange defenders
The worst may be over for Asia’s central banks that have ramped up efforts defending local currencies after a resurgent US dollar and…
Business
Gold rises as Fed rate cut bets pressure dollar, yields
Gold prices rose on Tuesday (Aug 5), after gaining in the last three sessions, supported by a weaker US dollar and lower Treasury yields…
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'I felt an unspoken pressure to smile' - Kenyan women in the workplace
During a meeting at her office in the Kenyan capital, Nairobi, 24-year-old Faith suddenly became nervous - reluctant to be perceived as…
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US Fed leaves rates unchanged despite Trump’s pressure, with two governors dissenting
The US central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell’s comments after the decision undercut…
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Oil prices rally on US pressure on Russia, trade deal optimism
Oil prices gained more than 3 per cent on Tuesday as President Donald Trump ramped up pressure on Russia over its war in Ukraine and on…
Business
Trump to visit Federal Reserve on Thursday, ramping up pressure on Powell
US PRESIDENT Donald Trump, a robust critic of Federal Reserve Chair Jerome Powell, will visit the central bank on Thursday, the White…
Business
GM Q2 Profit Drops 32% Amid Tariff Pressure, Warns of Bigger Hit Ahead
General Motors (GM) reported a sharp 32% decline in second-quarter core profit on Tuesday, attributing the drop largely to escalating…
Business
China’s GDP growth set to slow, raising pressure on policymakers
China’s economy is expected to have slowed down in the second quarter from a solid start to the year. This comes as trade tensions with…
Business
BYD, other EV battery makers face more pressure to cut emissions
Electric vehicle (EV) battery suppliers, including BYD and EVE Energy, need to step up efforts to switch to clean power at manufacturing…
Business
Asian Markets Under Pressure as Trump's Tariff Deadline Looms
New highs for U.S. stocks did not translate into gains across Asian markets on Friday. Japan's Nikkei edged 0.3% higher, but Hong Kong…
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Apple plays it safe on AI despite Wall Street pressure
[CUPERTINO, United States] Apple on Monday remained on its cautious path to embracing generative AI even as rivals race ahead with the…
Business
Asian Markets React to U.S. Tariff Shifts, Japan Debt Concerns and Strong Yen Pressure Stocks
Markets in Asia finished the week cautiously as investors awaited critical United States inflation figures and a continuing air of…
Business
JPMorgan is long-term in China despite pressure, Dimon says
JPMorgan Chase chief executive officer Jamie Dimon said his firm is committed to long-term investments in China, despite tension between…
News
Apple eases App Store rules under court pressure
Apple on Friday (May 2) relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit.…
News
Pressure mounts to probe Kenya police and army after BBC exposé
Leading human rights organisations have renewed calls for investigations into the killing of protesters by Kenya's security forces during…
News
Serbian students declare 'we deserve better' as latest anti-corruption rally adds pressure on Vucic
NIS, Serbia (AP) — Tens of thousands of people in Serbia gathered on Saturday for a huge student-led rally that vowed to turn the…
Business
Malaysia expects its palm exports to China to be ‘resilient’ amid price pressure
MALAYSIA-PALM/CHINA:Malaysia expects its palm exports to China to be 'resilient' amid price pressure Malaysian palm oil exports to China…
Business
Shein faces investor pressure to slash valuation to US$30 billion: sources
FAST-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with the matter,…
Business
Falling yields pile pressure on China’s insurers
CHINA’S insurance companies reported higher investment returns in 2024 despite falling market interest rates and an economy flirting with…
Business
Europe: Stoxx 600 slips from record highs amid rising yield pressure - The Business Times
European shares pulled back from its record highs and ended flat on Friday (Jan 24), weighed down by declines in the telecom and energy…