Asia’s strong economic rebound from the pandemic is losing steam as tightening financial conditions, reduced export demand, and China’s sharp and uncharacteristic slowdown dim the outlook.
The growth of AI, increased focus on cybersecurity and continued shift towards digital is leading to growth in technical jobs across Asia, said LinkedIn.
Investors betting on Singapore’s two largest internet companies are staring down hefty losses as rising interest rates and recession risks extended a tech rout that wiped out US$110 billion from their market capitalisation.
Investors betting on Singapore’s two largest Internet companies are staring down hefty losses as rising interest rates and recession risks extended a tech rout that wiped out US$110bil (RM486bil) from their market capitalisation.