Traders and bankers to see double-digit payouts amid revived M&A activity and market turbulence, but AI-driven job cuts loom ahead.
Markets
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BUSINESSTech
Grab Beats Q3 Revenue and Profit Forecasts, Raises Full-Year Outlook
by Daphne Dougnby Daphne Dougn“Super app” strategy and affordable services fuel user growth across Southeast Asia amid economic uncertainty.
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Governor warns death toll may rise after “catastrophic” accident halts operations at one of the world’s busiest air freight hubs.
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Cryptocurrency
Bitcoin Crashes Below $100,000 as Fed Uncertainty Sparks Crypto Selloff
by Daphne Dougnby Daphne DougnOver $840 billion wiped from global crypto market cap amid renewed caution on rate cuts and fading risk appetite.
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Life
Starbucks Cedes Control of China Unit to Boyu Capital in $4 Billion Deal
by Daphne Dougnby Daphne DougnCoffee giant bets on local partnership to reignite growth as low-cost rivals Luckin and Cotti squeeze market share.
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Late-session surge flips market from deep losses to strong gains, fueled by banking, brokerage, and real estate stocks.
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Wall Street giants warn of a 10–20% pullback after record-breaking AI-fueled rally, but see Asia as the next growth frontier.
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New London-based hub delivers real-time market clarity through AI-powered insights and human expertise.
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MARKETS
Kospi Rally Stalls as Asia Markets Turn Cautious on Mixed Tech Signals
by Daphne Dougnby Daphne DougnAI-fueled optimism lifts Nvidia and Amazon, but investors across Asia brace for central bank decisions and valuation fatigue.
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Real Estate
Hong Kong Luxury Rentals Surge 10%: Mainland Tycoons, Expats Fuel Boom
by Dean Dougnby Dean DougnStock Rally and Talent Visas Ignite HK$100K/Month Deals at The Peak