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South-East Asia's tech slowdown - Singapore's Sea and Indonesia's GoTo cut jobs in quickening tech pullback - Vimarsana News

South-East Asia's tech slowdown - Singapore's Sea and Indonesia's GoTo cut jobs in quickening tech pullback

Singapore's Sea Ltd. and Indonesia's GoTo Group, two of South-East Asia’s largest internet companies, are embarking on fresh layoffs as the region’s once high-flying tech leaders retrench to focus on profitability over growth.

S&P 500 Index Pulls Back on Hawkish Fed Comments, APAC to Open Lower - Vimarsana News

S&P 500 Index Pulls Back on Hawkish Fed Comments, APAC to Open Lower

The S&P 500 index plummeted 1.42% following a slew of hawkish-biased Fed speeches. Technology stocks underperformed, weighing on sentiment across Asia Pacific markets. US bank earnings are in focus...