Business
AI Accounting Software Grows Up: Xero Bets on Agents
At its US conference in Denver this week, Xero announced embedded payroll and a set of new AI capabilities aimed at small businesses and…
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bets
Business
Hong Kong property bets grow as private credit fund plans to double investment
The commercial real estate sector remains under pressure, offering opportunities for lenders willing to take more risk A Hong Kong-based…
Business
Gold climbs to record above US$5,500 on bets for dovish Fed chair
Gold surged to an all-time high above US$5,500 an ounce, extending a breakneck rally fuelled by US dollar weakness and expectations the…
Business
Autodesk to cut 1,000 workers as the tech company bets on AI
Software company Autodesk is slashing roughly 1,000 roles, representing a 7% cut of its global workforce. The San Francisco company, which…
Business
Australian dollar climbs to highest since Oct 2024 on RBA bets
The Australian dollar climbed to its strongest in more than a year after traders ratchet expectations the Reserve Bank will quickly shift…
Business
Big tech bets big on AI - but can India keep pace in the global race?
India is a hedge against the global AI bubble, some experts say This week, tech giants Amazon and Microsoft pledged an eye-popping…
News
Tree branches to fleece jackets: Chemicals plant in Germany bets on biomass
Staring at a pile of freshly cut beechwood, forestry manager Johannes Brodowski wonders if he is looking at the future of Germany's…
Business
US: Wall St opens higher as December rate cut bets strengthen
Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in…
Business
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
Business
Australian shares notch record closing high as jobless spike fuels rate-cut bets
Australian shares rose to a record close on Thursday (Oct 16), driven by strong gains in financials, property and gold stocks after an…
Business
Morgan Stanley bets on post-Brexit pound high in 2026
MORGAN Stanley is betting that the pound will rally after the UK’s November budget to hit a decade-high next year. The US bank recommends…
Business
Temasek boosts bets on public stocks, pursues ‘active alpha’
Temasek Holdings has invested more into public equities in the last 18 months than it traditionally has done, according to chief executive…
Business
Hedge funds slash bullish oil bets to lowest ever amid Opec hike
Hedge funds chopped their bullish position on US crude to the lowest on record as the Opec+ alliance’s latest decision to boost production…
Business
US: S&P 500, Nasdaq hit record highs on boosted rate-cut bets
The S&P 500 and the Nasdaq hit intraday record highs at the open on Wednesday (Sep 10), after cooler-than-expected producer inflation data…
Business
Nasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested…
Business
Big Food goes small: Kraft Heinz bets on simplicity to boost shares
Investment bankers had pitched a breakup to Kraft Heinz for years without success, sources said. The company finally agreed to a split…
News
Britain's energy grid bets on flywheels to keep the lights on
Britain's energy operator is betting on an age-old technology to future-proof its grid, as the power plants that traditionally helped…
Politics
South Korea bets US$150 billion on reviving troubled US shipbuilding to woo Trump
South Korean President Lee Jae-myung is leaning on promises to “Make America Shipbuilding Great Again” during his first official US trip,…
Business
Hedge funds shift bets to double down on Big Tech amid AI boom
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big…
Business
Asia: Stocks to gain as US CPI fuels Fed cut bets
STOCKS in Asia were set to track Wall Street higher after an in-line US inflation reading bolstered speculation the Federal Reserve will…
Politics
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…
Business
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…
Business
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…
Business
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…