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Canadian dollar falls for third week on jumbo rate cut bets
THE Canadian dollar steadied against its US counterpart on Friday (Oct 18)but was on track for its third straight weekly decline, as oil prices fell and investors bet on...
Yahya Sinwar: Chilling Autopsy Confirms Hamas Leader Suffered Bullet Wound in Head, Fingers Were Cut Off for DNA Analysis
The autopsy of Hamas leader Yahya Sinwar revealed that he was killed by a gunshot wound to the head during an Israeli military raid in southern Gaza. The Israel...
Thai rate cut bodes well for rally in stocks, says bourse chief
Asadej Kongsiri’s optimism underscores relief in the market as a lower borrowing cost eases the pressure of a stronger bahtThe Thai central bank’s surprise rate cut is likely to...
Bandai Namco begins to cut headcount after culling game titles
VIDEO game publisher Bandai Namco Holdings is cutting its workforce after cancelling several titles due to lacklustre demand, according to people familiar with the matter.
The Tokyo-based company is taking...
S-Reits earnings, DPU likely to decline in Q3 despite interest rate cut
HIGHER interest costs are expected to continue weighing down the earnings and distribution per unit (DPU) of Singapore-listed real estate investment trusts (S-Reits) in the last quarter, despite the...
Dutch to cut ABN Amro stake further as exits gather pace
THE Dutch government plans to further reduce its holding in ABN Amro Bank, joining states across Europe in speeding up the exit from banks that were bailed out after...
ECB is set to deepen global easing with rate cut it didn’t expect
THE European Central Bank (ECB) will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out...
Boeing to cut workforce by 10% as strike eats into reserves
BOEING said it plans to cut its workforce by about 10 per cent, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and...
