Ikea bets on online growth in China with JD.com launch
Swedish budget furniture retailer Ikea opened a digital store on Chinese ecommerce platform JD.com on Friday (Aug 8), as it expands its presence on third-party online shopping sites in…
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US: Wall Street opens higher as Fed shake-up stokes dovish bets
Street’s main indexes opened higher on Friday (Aug 8) as US President Donald Trump’s temporary pick for a Federal Reserve governor post fuelled expectations of a more dovish…
Asia: Markets track Wall Street rally on Fed rate cut bets
Stock markets rose on Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite concerns about the US economy and Donald Trump’s…
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 following last week’s weak US jobs data that…
Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in coming months. T Rowe Price Group says it now favours US…
Samsung’s big Tesla order fuels recovery bets despite chip woes
Samsung Electronics’ surprise US$16.5 billion chipmaking deal with Tesla has breathed new life into a foundry business all but written off by many investors. Its stock has risen 9 per cent…
Gold holds dip as traders pare rate cut bets on US job strength
held a decline on Friday - but remained on track for a small weekly gain - as resilient US jobs data reinforced views that the Federal Reserve will hold interest rates next…
American Eagle Bets Big on Sydney Sweeney to Rev Up Fall Denim Sales
American Eagle Outfitters is betting big on a major fall campaign featuring actress Sydney Sweeney to reinvigorate the company’s denim sales. “I think this is potentially one of the…
Trump’s Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Them
Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, is creating a way for investors to bet that President Donald Trump’s signature…
Mohit Suri’s ‘Saiyaara’ Bets Big on Bollywood Romance: ‘The Heart Still Aches in the Same Place’
While Bollywood doubled down on spectacle in the post-COVID era, director Mohit Suri made a radical choice: He wrote a love story no one wanted to make. Now, with “Saiyaara” starring…
Secretive family behind Tetra Pak bets US$9 billion on stocks
A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors & Fragrances nine years ago. It turned out that the…
Secretive family behind Tetra Pak bets bulk of US$9b on stocks via Singapore entities
A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors & Fragrances (IFF) nine years ago. It turned out that…
Yahoo Creators platform hits record revenue as publisher bets big on influencer-led content
Yahoo’s bet on creator-led content appears to be paying off. Yahoo Creators, the media company’s publishing platform for creators, had its most lucrative month yet in June. Launched in…
BNP bets Hong Kong’s IPO boom will add to wealth momentum
BNP Paribas said Hong Kong’s boom in initial public offerings (IPOs) is adding further momentum to its Asia wealth business after a 20 per cent rise in revenue in the first half of the…
Time to raise bets on Malaysia semiconductor stocks on expected ‘market-friendly’ trade deal: UOBKH
Malaysian stocks could score near-term wins as the US’ “softening stance” on tariffs is expected to bring about market-friendly trade deals between the two countries, said UOB Kay Hian…
Malaysia rate cut bets grow as tariff talks weigh on outlook
Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for countries to reach trade deals with the US to…
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 cuts as the tech giant looks to rein in costs amid…
Microsoft to cut about 9,000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9,000 people, the company said on Wednesday (Jul 2), in the latest job cuts as the tech giant looks to rein in costs…
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 push to deepen exposure to artificial intelligence…
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 investor risk appetite and economic data helped solidify…
Global Beauty Giants’ Early Bets on the Eastern Fragrance Wave
When it comes to sniffing out the future, investors are looking Eastward. Strategics’ venture capital arms are increasingly placing small bets on niche Asian fragrance brands being the…
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. Easing concerns about Middle East tensions also…
Intuit bets big on AI to boost efficiency and trust in QuickBooks
When it comes to AI agents, the makers of QuickBooks are hoping that you’re “into it.” Intuit—the fintech platform that owns TurboTax, Credit Karma, Mailchimp, and QuickBooks—announced…
Bitcoin Surges Past $106K as Ceasefire Hopes Ease Market Jitters, Institutional Bets Climb
The cryptocurrency market saw a sharp turnaround on Monday, June 24, 2025, as Bitcoin (BTC) surged past the $106,000 mark following news of a possible ceasefire between Iran and Israel.…