Tag: per
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US chip stocks rise after steepest weekly selloff in months
Oct 19 : US chip stocks recovered some ground on Monday, bouncing after a bruising selloff last week as lower Treasury yields and easing crude oil prices offered some support to the recently battered AI trade. The iShares Semiconductor ETF, which is the largest ETF tracking US chip-related companies in terms
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India’s L&T Technology expects robust second half as deals ramp up; quarterly revenue rises
Oct 19 : India’s L&T Technology Services expects a robust second half of fiscal year 2027 on improving order backlogs and several large deals, as it reported a jump in second-quarter revenue on Monday.The company’s strong showing in the three months ended September 30 was on the back of executing large deals
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Netflix faces questions on user engagement ahead of third-quarter report
Oct 19 : Netflix investors are expecting details on how the streaming giant plans to sustain growth when it reports third-quarter results on Tuesday, as competition intensifies and user engagement shows signs of fatigue.Ted Sarandos, the co-CEO of Netflix, recently admitted the company “is not growing as fast
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Asian stocks slip, Wall St and bonds benefit from oil dip
SYDNEY: Asian share markets mostly slipped on Monday (Oct 19) as unease over AI’s enormous funding needs undermined confidence ahead of a week packed with earnings, while Chinese economic data pipped forecasts in a positive for world growth.A fall in oil prices offered some support to bonds and Wall Street st
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Asian stocks slip, Wall St and bonds benefit from oil skid
SYDNEY: Asian share markets slipped on Monday (Oct 19) as unease over AI’s enormous funding needs undermined confidence ahead of a week packed with earnings, while Chinese economic data pipped forecasts in a positive for world growth.A fall in oil prices offered some support to bonds and Wall Street stock fut
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Asian stocks skid, Wall Street and bonds aided by oil slip
SYDNEY, Oct 19 : Asian share markets slipped on Monday as unease over AI’s enormous funding needs undermined confidence ahead of a week packed with earnings, while the euro eased in the wake of rioting across France.A fall in oil prices offered some support to bonds and Wall Street stock futures, limiting Asi
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Japan’s Daiichi Life unit tables offer to take over Australia’s Challenger
Oct 19 : A unit of Japan’s Daiichi Life has made an indicative proposal to buy more than 79 per cent of shares in Australian investment manager Challenger it does not already own, Challenger said on Monday.Shares of the Australian firm jumped over 15 per cent to A$11.33 by 2305 GMT, hitting their highest leve
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Why Singapore’s sake drinkers are moving beyond familiar brands
Greater exposure to Japanese food and travel is fuelling interest in lesser-known producers, richer flavour profiles and sake pairings beyond sushi and sashimi.
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Russia ramps up drone war with new launch megabase
Satellite images show Russia building a major drone launch facility capable of deploying large numbers of jet-powered drones. Analyst Samuel Bendett explains the military implications for Ukraine and NATO.
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Stocks slip as dollar heads for weekly loss
NEW YORK/PARIS, Oct 16 : Global stocks fell modestly on Friday as markets stabilised after a sharp tech-led selloff, while the dollar headed for a weekly loss.Markets have been rattled this week by concerns over higher interest rates and the debt-fuelled financing behind the AI boom, triggering a selloff in�
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