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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 of a quarter-point cut in October after the central...
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 set in stone a Federal Reserve interest rate cut...
US: Wall St opens higher after inflation data keeps rate cut bets firm
[NEW YORK] Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on track to deliver an interest...
Wegovy-maker Novo Nordisk to cut 9,000 jobs in restructuring
[COPENHAGEN] Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5 per cent of its workforce, in a restructuring to save eight billion Danish crowns (S$1.6 billion) annually, it...
Singapore stocks rally as investors price in September Fed rate cut; STI up 0.2%
[SINGAPORE] The local bourse logged gains for a second straight day on Friday (Sep 5), closing higher alongside regional markets amid expectations that weak US job market data will...
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 software giant was able to shrink the number of...
Moderna to cut 10% of staff to offset slowing Covid business
Published Thu, Jul 31, 2025 · 07:53 PM[CAMBRIDGE, MASSACHUSETTS] Moderna is cutting about 10 per cent of its workforce, part of an effort by the struggling biotech company to...
Tata Consultancy Services to cut workforce by 2%, affecting more than 12,000 jobs
Published Sun, Jul 27, 2025 · 07:23 PM — Updated Sun, Jul 27, 2025 · 08:31 PM[BENGALURU] India’s largest IT services provider Tata Consultancy Services (TCS) will reduce its...
