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Apple cut at least 600 workers when car, screen projects stopped
APPLE laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment...
ECB continues to lay groundwork for June rate cut, March accounts show
THE European Central Bank (ECB) is increasingly confident that inflation is heading back to its 2 per cent target and the case for easing borrowing costs from record highs...
Asia: Markets lifted by US data and fresh rate cut hopes
ASIAN markets rose on Thursday (Apr 4) after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank’s...
BNP Paribas to cut space in Keppel Reit’s Singapore tower as high rents bite
BNP Paribas is set to give up space in a prime office tower in Singapore amid rising commercial rent in the financial hub, according to sources familiar with the...
Citigroup cut US tech banker jobs during broad reorganisation
CITIGROUP implemented a fresh round of job cuts in its US investment bank last week, according to sources familiar with the matter, as the financial giant completed a planned...
US dollar steady as inflation data boosts June rate cut bets; yen in focus
THE greenback was broadly steady on Monday (Apr 1) as data showing easing US prices bolstered bets that the Federal Reserve could cut interest rates in June, while the...
US: S&P, Nasdaq open higher as softening inflation fans rate cut bets
THE S&P 500 and the Nasdaq inched higher at the open on Monday (Apr 1) after the latest inflation print showing moderating consumer prices bolstered hopes of an early...
Gold hits record high on rising hopes for Fed rate cut in June
GOLD prices touched a record high on Monday (Apr 1) after data showed that United States inflation moderated in February, boosting bets for the Federal Reserve’s June interest rate...
