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A report shows India's AI job postings grew 16% in June, contrasting with a 3% drop in overall IT recruitment. As macro headwinds and AI disruption press the $315 billion IT sector, companies are shifting investments toward specialized tech talent, w
Global equities rallied toward their best weekly performance in two months as lukewarm US payrolls data dampened expectations of further Federal Reserve rate hikes. European markets hit record highs and gold surpassed $4,160 per ounce, while shipping
Shipping volumes through the Strait of Hormuz rebounded significantly as optimism over a US-Iran ceasefire grew. Tanker spot rates fell from a peak of $500,000 to $294,000 per day, though over 80 active mines and unresolved Doha talks maintain underl
Traders ramp up hedging costs for Yen ahead of the US holiday amid speculation of unpredictable Japanese currency intervention. Finance Minister Satsuki Katayama stated Tokyo remains in close contact with Washington and stands ready to act.
South Korea's KOSPI index surged 4.28% on Friday led by Samsung and SK Hynix, yet recorded a 4.95% weekly decline amid global AI topping fears. Foreign investors remained net sellers, while the won weakened and bond yields edged lower.
Asian equities rebounded as cooling US June labor data pared Federal Reserve rate hike expectations, lifting the September pause probability to 46.8%. Boosted by expanding regional PMIs, KOSPI surged 3% on chip stock buying, while USD/JPY held steady
The global AI chip market is experiencing a valuation correction as concerns rise over tech giants overinvesting in AI infrastructure. With Samsung and SK Hynix retreating from their highs, South Korea's stock market and real economy face significant
The Australian Competition and Consumer Commission (ACCC) launched a Phase 2 review into the proposed merger of Subsea7 and Saipem over offshore oil and gas competition concerns. The deal faces strong pushback from energy majors including ExxonMobil,