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Global Market Today: Asian stocks edge up, Yen nears 160 per dollarAsian stocks followed Wall Street higher, driven by renewed enthusiasm for AI-linked equities, pushing the S&P 500 to a ninth consecutive g...- AI chiefs walk back job apocalypse warningsLeading AI figures like Nvidia's Jensen Huang and OpenAI's Sam Altman are now downplaying fears of mass job losses due to artificial intell...
- Australia's ANZ to cut 3,500 jobs as new CEO Matos takes chargeANZ Group will cut 3,500 jobs. CEO Nuno Matos warns of more changes. The bank will take a A$560 million restructuring charge. These cuts ai...
- Dollar holds ground as US inflation data loomsAgainst the yen, the dollar rose 0.05% to 144.67, extending its gain from last week when it jumped 2.6% on the Japanese currency, its best ...
- Commonwealth Bank of Australia could cut up to 200 jobs: SourceThe Commonwealth Bank of Australia may be considering cutting around 200 jobs in an effort to reduce costs. The bank's ongoing consultation...
- Dollar in defensive mood after jobs data; Fed in focusThe dollar index, which measures the U.S. currency against six rivals, eased 0.029% to 101.820 after sliding 0.245% on Tuesday.
- Why India needs to keep alive discussions on social security agreementsThis is vital for the Indian diaspora already working overseas. India has the largest diaspora in the world. According to the UN’s migratio...
- Charting the Global Economy: A surprise from the US & transportation costs easeWhile China set modest expectations for economic growth this year, the US labor market showed signs of growth whereas Swiss inflation accel...
- Dollar near eight-month low ahead of central bank meetingsAt that meeting, the BOJ kept ultra-low interest rates unchanged but beefed up a monetary policy tool to prevent the 10-year bond yield fro...
- Twitter 'un-fires’ dozens of workers; Zomato Pay goes live in some citiesDays after laying off close to half its workforce, Elon Musk’s Twitter has decided to ask dozens of sacked employees to return after realis...
- Cars24 fires 600 employees across departmentsCars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...
- Dollar near one-month low as payrolls test loomsThe dollar index, which measures the greenback against six peers, slipped 0.04% to 92.193 after earlier touching 92.189 for the first time ...
- Australia, NZ shares slip as investors shun risk on bleak US jobs dataInitial jobless claims in the United States rose for a second consecutive week, suggesting that a surge in COVID-19 count and business rest...
- Oracle launches second data centre in IndiaThe centre is expected to meet increased demand for secure cloud services from existing and new clients, Shailender Kumar, regional managin...
- Ola fires 1,400, says revenues plunge 95% in two monthsOla — backed by global marquee investors including SoftBank, Tiger Global, Tencent, and Steadview Capital—employs about 4,000 people in its...
- Why being a techie in India is no longer coolWorking with a technology company in India today is fraught with risks. Indian IT is facing several challenges which has taken the sheen of...
- RBS to lay off 25% of staff in retail and commercial banking as search for a buyer continuesRBS will lay off a quarter of its workforce and shutter branches, said two people familiar with the plans.
- Oil falls below $51 in Asia as rally loses steamOil fell below $51 a barrel Tuesday in Asia as doubts grew that crude's two-month rally can be sustained while global demand remains weak.
- Best Xmas gift for Aussie bankers: their jobAll I want for Christmas is ... my job! That's a refrain heard around the world as the financial crisis puts hundreds of thousands out of w...
- Indians abroad worried but still positiveAbout 79 % of Indians are optimistic about their financial condition for the coming year and 86 % feel positive about their job prospects.F...
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