Pinterest cuts up to 15% jobs to prioritize AI push, shares sink
Pinterest to reduce office spaceCompany says it will redirect resources to AI teamsJob cuts expected to complete by…
UPS to eliminate 30,000 more jobs as Amazon volume cuts accelerate; shares rise
UPS continues to shed low-margin Amazon delivery volumePlans to reduce 30,000 jobs in 2026 through attrition and driver…
Singapore expected to keep monetary policy unchanged as growth outperforms
Item 1 of 2 A view of the Monetary Authority of Singapore building in Singapore April 18, 2016.…
‘Jobs, jobs, jobs’ the AI mantra in Davos as fears take back seat
Executives optimistic on AI despite fears of bubble, job lossesCisco projects completed faster with AI, says its presidentBill…
Asia shares rise on AI optimism, receding Fed cut bets lift dollar
Asia shares upbeat on renewed AI optimismGeopolitics loom large, Trump adopts wait-and-see posture on IranDollar gains as traders…
Global grain traders’ green pledges face skepticism as deal to protect Brazil’s rainforest unravels
Item 1 of 2 A drone views shows fallen trees in a secondary forest where farmers (not pictured)…
Exclusive: Pakistan to partner with affiliate of Trump family’s World Liberty Financial on USD1 stablecoin
Pakistan signs deal with World Liberty affiliate SC Financial TechnologiesDeal will explore ’emerging digital payment architecture’World Liberty CEO…
China’s trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt
China posts record $1.189 trillion trade surplus in 2025China’s December dollar exports up 6.6% Y/Y, imports up 5.7%;…
US FDA requests removal of suicide warnings from weight-loss drug labels
Regulator asks drugmakers to remove warnings of suicidal thoughts from GLP-1 drugs’ labelsFDA finds no link between GLP-1…
Singapore defends GIC, Temasek returns as reasonable
Government says prioritises long-term returns over short-term swingsGovernment does not interfere in Temasek’s picks, says ministerGIC’s returns over…
Dollar drops as US Justice Department subpoenas Fed’s Powell
Powell calls subpoenas a pretext for interest rate influencePowell’s term as Fed chief ends in May, Trump considering…
Exclusive: India proposes forcing smartphone makers to give source code in security overhaul
India smartphone security proposals worry tech companiesSharing source code a very contentious issue, sources sayIndian government says it…