Tag: per
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EPAM cuts annual revenue forecast on weak software services demand, shares fall
Aug 6 : EPAM Systems on Thursday cut its annual revenue forecast, indicating slowing demand for its software services and sending its shares down more than 18 per cent.The company provides a wide range of IT services including consulting, cloud and AI transformation and software engineering.Here are so
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Dollar ticks up as markets await Iran deal news, look towards payrolls
LONDON, Aug 6 : Currency markets drifted on Thursday with the Japanese yen retracing some intervention-led gains and the dollar edging away from a six-week low, as investors awaited more details on a proposed U.S.-Iran deal and looked ahead to Friday’s U.S. jobs report.The yen was a touch softer at 157.85 per
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Sandisk, Western Digital drag on chip stocks as lofty expectations eclipse strong earnings
Aug 6 : Data storage companies tumbled in premarket trading on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an industry that has become one of Wall Street’s hottest bets this year.Shares of Sandisk lost 9.2 per cent to trade at $1,226.04, while Western Digita
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DBS shares scale record high as bank lifts forecast after profit beat
The Singapore bank declared S$0.81 in dividends per share for the second quarter of 2026.
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Yen and dollar drift as markets await Iran deal news, look towards payrolls
LONDON, Aug 6 : Currency markets drifted on Thursday with the Japanese yen retracing some intervention-led gains and the dollar pinned near a six-week low, as investors awaited more details on a proposed U.S.-Iran deal and looked ahead to Friday’s U.S. jobs report.The yen was a touch softer at 157.88 per doll
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Rice prices surge across southern India as weaker monsoon raises harvest fears
Experts say the El-Nino weather pattern has contributed to weaker-than-normal monsoon rainfall, affecting paddy sowing and raising concerns over production.
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Asian stocks mostly down with tech firms back under pressure
HONG KONG: Most Asian markets sank on Thursday (Aug 6) with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over
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Yen and dollar drift on Iran deal concerns, payroll jitters
HONG KONG, Aug 6 : Currency markets drifted on Thursday with the yen struggling to retain intervention gains and the dollar pinned near six-week lows, as concerns about a proposed U.S.-Iran deal and jitters about upcoming U.S. payroll data left traders cautious. The yen was little changed at 157.71 per dollar
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Fitch says Vietnam banks likely to face significant pressure from government growth target
HANOI, Aug 6 : Fitch Ratings said on Thursday that Vietnam’s banking system is likely to come under under significant pressure to finance and support the economy due to government efforts to attain double-digit growth in 2026. Banks in Vietnam remain more vulnerable to external shocks than their neighbours
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Asia shares ease on tech pullback, oil stable as Iran talks stay in focus
TOKYO, Aug 6 : Asian shares took a breather on Thursday after an AI-driven surge the previous day, while oil prices traded in a tight range as markets assessed prospects for an Iran peace deal.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.69 per cent, led by declines in tech firms. South K
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