Brokers’ take: Analysts cut Elite Commercial Reit targets after factoring in vacancies, lower payout ratio
ANALYSTS have shaved their target prices on Elite Commercial Reit after the real estate investment trust (Reit) posted a 40.9 ...
Tag: Cut
Barclays aims to cut costs by £2 billion in bid to boost returns
BARCLAYS said it will go on a major cost-cutting drive as part of chief executive officer CS Venkatakrishnan’s efforts to ...
PSA aims to cut 10,000 tonnes of truck emissions a year in fleet management tie-up
PSA Singapore (PSA) could cut the carbon emissions of its container trucks by 10,000 tonnes per annum if an existing ...
RBA will cut rates deeper than markets expect
MONETARY policy in Australia is gaining more traction than in the US even though the Reserve Bank raised interest rates ...
Unrealistic to fully cut financing to coal companies: Singapore banks
CUTTING all financing for coal companies is unrealistic, said Singapore’s local banks, adding that funding is necessary to ensure the ...
US dollar steady after producer prices push back on Fed rate cut outlook
THE US dollar retreated on Friday (Feb 16) amid concerns about the strength of the US economy after higher-than-expected producer ...
Macquarie plans to cut stake in UK gas network operator
MACQUARIE Group has joined US-based Federated Hermes to look to collectively sell stakes in UK’s gas network operator Cadent worth ...
First Bank of England interest-rate cut is months away despite recession: Pill
A FIRST interest-rate cut by the Bank of England is still “several more months” away as inflation may prove persistent ...
US: Stocks down as inflation data dims hope of early rate cut
WALL Street stocks retreated on Friday after a bigger than expected increase in wholesale prices poured cold water on hopes that the ...
Nike to cut 2% of workforce as sportswear giant seeks savings
NIKE will slash its global workforce by about 2 per cent as the sportswear giant pushes on with efforts to ...
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