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ECB is poised to cut rates again in warm-up act for the Fed
THE European Central Bank (ECB) will probably cut interest rates on Thursday (Sep 12) in a prelude to a US move the following week, as the global monetary cycle...
Bitcoin rises as US jobs data bolster case for bigger rate cut
Looser monetary policy is often viewed as favourable for speculative assets like cryptoBitcoin and other cryptocurrencies turned higher after disappointing US jobs data bolstered the case for more aggressive...
Lyft to sell part of bike business, cut jobs in overhaul
LYFT plans to sell some of its bike and scooter business and eliminate 1 per cent of its employees as the ride-hailing company struggles to turn profitable.The plan is...
Jenn Tran’s Ex Matt Rossi Says His Bachelorette: Men Tell All Appearance Was Cut – E! Online
It looks like Jenn Tran’s ex Matt Rossi didn’t have a completely rosy experience with The Bachelorette: Men Tell All. The reason? He says he took part in the...
Volkswagen weighs first-ever Germany plant closures to cut costs
Volkswagen (VW) is considering unprecedented factory closures in Germany in a bid for deeper cutbacks, delivering another blow to Chancellor Olaf Scholz’s government.The potential measures, targeting its main passenger...
Vedanta to pay US$932 million in dividend to help parent cut debt
Indian tycoon Anil Agarwal’s Vedanta approved a third tranche of dividend payout, its latest effort to improve the financial position of its indebted London-based mining parent.The Mumbai-based miner will...
South Korea to cut forex stabilisation fund by a record in 2025
South Korea will cut the size of its foreign exchange stabilisation fund by more than 30 per cent next year, a record amount, though the government says that’s still...
Australian PM’s approval drops as RBA sees no near-term rate cut
AUSTRALIAN Prime Minister Anthony Albanese’s approval rating fell to the lowest level since he took office in 2022 as the central bank signalled it will not join global peers...
