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Global smartphone shipments record worst third quarter in 14 years amid memory shortage
Oct 12 : Global smartphone shipments fell 20 per cent on-year to their lowest third-quarter level since 2012, as soaring memory chip costs and supply shortages pressured manufacturers and pushed up prices, preliminary estimates from Counterpoint Research showed on Monday. Rising prices for memory components
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Financial, mental health issues pushing women towards early retirement
MANCHESTER, England, Oct 12 : Nearly half of women’s footballers are considering leaving the game early, with financial pressures and mental health struggles the main reasons, according to a FIFPRO report highlighting the gulf between the sport’s rapid growth and conditions for most players.The 2026 FIFPRO Gl
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Dollar firm near 18-month highs, as Gulf unrest, US inflation keep investors on edge
LONDON, Oct 12 : The dollar traded around its highest in a year and a half on Monday, as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that could shape the outlook for interest rates.Oil prices were volatile after Yemen’s Iran-backed Houthis stepped up
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Shares seesaw in Asia as earnings loom, oil skids
SYDNEY, Oct 12 : Stock markets got off to an erratic start on Monday as earnings season loomed, while oil slipped amid confusion over whether Russia would, or could, increase energy exports.While the conflict in the Gulf continued with strikes on shipping and airports, President Donald Trump’s announcement of
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Shares cautious in Asia as earnings loom, oil slips
SYDNEY, Oct 12 : Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy after strikes on shipping and airports in the Gulf.There was considerable confusion about President Donald Trump’s announcement of an energy cea
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Euro falls, set for fifth straight weekly drop as oil prices rise
NEW YORK, Oct 9 : The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling pressure was muted as France’s beleaguered bond market steadied. The euro zone’s currency hit a 17-month low of $1.1161 on Monday as investors wor
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Euro falls as oil moves off lows, set for fifth straight weekly drop
NEW YORK, Oct 9 : The euro was headed for a fifth straight weekly drop on Friday, with early gains fading as oil prices recovered from earlier lows, but recent selling pressure eased as France’s beleaguered bond market steadied. The euro zone’s currency hit a 17-month low of $1.1161 on Monday as investors w
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US, European telecom stocks slide as SpaceX spectrum deal rattles sector
Oct 9 : US and European telecom stocks tumbled on Friday after SpaceX’s acquisition of low-band spectrum heightened concerns over growing competition from satellite-based mobile services.T-Mobile US, Verizon and AT&T fell between 5.5 per cent and 7.4 per cent in premarket trading, while the STOXX Europe 600 T
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China Golden Week spending per trip hits four-year low amid overseas travel jump
Average spending per domestic trip during the seven-day holiday fell 1.9 per cent to 893.92 yuan (US$133.51), the lowest since 2022.
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AI-related companies to drive most third-quarter US earnings gains
NEW YORK, Oct 9 : US companies are likely to deliver another earnings surge for the third quarter, and like the rally in the stock market, AI-related players are fueling most of those gains.While investors are enthusiastic about the hyper earnings growth fueled by AI companies, many are also worried about how
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