‘Buckle up, we’re in for a volatile ride’

Tan Su Shan is the CEO and director of DBS Group. Bloomberg | Bloomberg | Getty Images With valuations in the U.S. stock market becoming increasingly stretched, the chief executive of Southeast Asia’s largest bank is warning investors to expect turbulence ahead. “We’ve seen a lot of volatility in the markets. It could be equities,…

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India’s ‘back offices’ are evolving into leadership hubs for global companies

The SAP Labs India Pvt. office in Bengaluru, India, on Thursday, on April 27, 2023. Global capability centers have evolved far beyond tech support, but their growth presents challenges for multinationals and Indian cities alike. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful…

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Vance calls court order to fully fund SNAP 'absurd ruling'

Vice President Vance pushed it back on Thursday federal court decision which directed the Trump administration to make full Supplemental Nutrition Assistance Program (SNAP) payments for November, arguing that the court should not tell the President how to spend the money during a government shutdown. “This is an absurd decision because you have a federal…

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AI stocks valuation, China October trade data

SHENZHEN, CHINA – AUGUST 26: An aerial view of the Shenzhen skyline on August 26, 2020 in Shenzhen, Guangdong Province of China. (Photo by He Shaoping/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets fell Friday, tracking Wall Street declines on persistent concerns over lofty valuations in artificial intelligence stocks….

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