Cut

Europe: Shares close at one-month low on Fed rate cut worries, tech valuations
Europe: Shares close at one-month low on Fed rate cut worries, tech valuations
EUROPEAN shares fell on Tuesday, with those in Germany near a five-month low as a broad risk-off mood gripped global markets, sparked by worries about an overvalued tech sector and...
Nissan to cut more output at Kyushu plant on chip supply troubles
Nissan to cut more output at Kyushu plant on chip supply troubles
[TOKYO] Japan’s Nissan will cut production by another 1,400 vehicles at its Kyushu plant next week, as the fallout from chip supply disruptions linked to Chinese-owned Nexperia continues to...
GM to cut over 1,200 jobs at EV plant
GM to cut over 1,200 jobs at EV plant
[DETROIT] General Motors will cut about 1,200 jobs at its EV plant in Detroit, as the carmaker responds to slowing demand for its battery cars, Detroit News reported on...
As Fed prepares to cut rates this week, all eyes are on outcome of Trump-Xi meeting in Seoul
As Fed prepares to cut rates this week, all eyes are on outcome of Trump-Xi meeting in Seoul
The prospect of a trade deal between Washington and Beijing has raised hopes of prices of goods coming down ahead of the holiday seasonThe US Federal Reserve is likely...
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost.At 9.30 am EDT, the Dow...
Tata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
Tata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
[MUMBAI] Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial intelligence reshape the country’s US$280 billion IT...
Oil prices slip as robust supply outweighs Fed cut
Oil prices slip as robust supply outweighs Fed cut
[HOUSTON] Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the US Federal Reserve...
US: Wall Street opens higher on rate cut expectations
US: Wall Street opens higher on rate cut expectations
[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve on Wednesday, while digesting stronger-than-expected...
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
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 % this weekA US Federal Reserve rate cut this week...
Asia: Markets fluctuate ahead of expected US rate cut
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 this week.Equities have enjoyed a strong run-up over recent...