Japan Consumer Confidence Drops Sharply Amid Rising Fuel Costs and Middle East Tensions 
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses 
Trump-Iran Ceasefire Sends Dollar Tumbling as Global Currencies Surge 
Asian Currencies Rally as Dollar Weakens, Trump-Iran Ceasefire Boosts Risk Sentiment 
Oil Prices Rebound as Hormuz Disruptions and Middle East Tensions Rattle Markets 
Asian Currencies Hold Steady as Middle East Ceasefire Doubts Weigh on Markets 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Gold Surges Near 3-Week High as Trump-Iran Ceasefire Eases Geopolitical Tensions 
Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts 
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute 
China Set to Exit Deflation Cycle in Early 2026, ANZ Analysts Say 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements 
Bill Ackman Eyes New Fund to Bet Against Market Complacency 
Trump Suspends Iran Strikes for Two Weeks as Ceasefire Talks Begin 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
PayPal Holdings Inc is planning to cut 7 percent of its workforce, or about 2,000 employees, to rein in costs to ride out the downturn.
According to PayPal's CEO Dan Schulman, while the company has made substantial progress in right-sizing its cost structure, and focused its resources on core strategic priorities, it has “more work to do."
PayPal is seeking to position itself financially and strategically, bracing for an economic slowdown, said Wedbush analyst, Moshe Katri.
In November, PayPal reduced its annual revenue growth forecast in anticipation of a broader economic downturn and did not expect much growth in its US e-commerce business in the holiday quarter.
