Oil prices slip as robust supply outweighs Fed cut
Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s ...
Tag: Cut
US: Wall Street opens higher on rate cut expectations
Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the ...
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % ...
Asia: Markets fluctuate ahead of expected US rate cut
ASIAN markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve ...
JPMorgan postpones ECB rate cut forecast to December after policy meeting
JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast ...
Asia: Stocks surge into weekend with US rate cut ‘seemingly locked in’
ASIAN markets surged again on Friday, tracking record highs across Wall Street, after US inflation and jobs data all but ...
US: Wall St opens higher after inflation data keeps rate cut bets firm
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central ...
Wegovy-maker Novo Nordisk to cut 9,000 jobs in restructuring
Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5 per cent of its workforce, in a restructuring to save ...
Singapore stocks rally as investors price in September Fed rate cut; STI up 0.2%
The local bourse logged gains for a second straight day on Friday (Sep 5), closing higher alongside regional markets amid ...
Salesforce CEO Marc Benioff says he cut 4,000 support roles because of AI
Artificial intelligence already is replacing certain jobs at technology companies.Last week, Salesforce Chief Executive Marc Benioff said the San Francisco ...
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