Asian stocks slide: HSI, Kospi, Nikkei fall over 1% as Middle East tensions rise; Singapore holds firm

Asian markets began the week on a shaky note, but the story isn’t uniform across the region. While most stocks slipped into the red as lingering uncertainty around the Middle East conflict dragged down investor sentiment, Singapore is bucking the trend with its comparitively better position and its markets hovering near record highs despite the…

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TCS makes 25k fresher offers; AI push on track

BENGALURU: Even as TCS saw its headcount fall by nearly 24,000 in FY26, CHRO Sudeep Kunnumal said the entire decline cannot be attributed to last year’s restructuring. He added that the company has already made 25,000 campus offers and remains on track to hire around 40,000 freshers annually. “Last year, we onboarded 44,000 trainees. We…

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War in Gulf, layoffs hit discretionary spends

MUMBAI: Consumers seem to be cutting back on discretionary spends, allocating more budgets to essentials and value purchases as a mix of war-driven uncertainty and layoffs have nudged people to tighten their purse strings and save more. Even as the US and Iran agreed upon a two-week ceasefire last week, the prospects of a peace…

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Oil shock playbook: How global economies built resilience after 1970s crises; why it still matters

The global economy is once again facing a surge in oil prices triggered by conflict in the Middle East, reviving memories of the 1970s energy crises that led to widespread economic disruption and stagflation.However, economists say the United States and other major economies are far better positioned today to absorb such shocks, reflecting structural changes…

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‘If we catch them… ‘: Trump threatens China with 50% tariff if it helps Iran militarily as talks in Pak fail

US President Donald Trump on Sunday threatened China with “staggering” new tariffs if Beijing provides military assistance to Iran in the ongoing Middle East conflict.During an interview on Fox News’ Sunday Morning Futures, host Maria Bartiromo asked Trump whether his warning of a 50% tariff on countries aiding Iran was aimed at China.“Yes, China and…

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