Cut
Fed’s Bostic wants more progress on inflation, in no rush to cut
[NEW YORK] US Federal Reserve Bank of Atlanta president Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see “a lot” more progress...
Australia central bank pondered outsized rate cut in May, decided to be predictable
[SYDNEY] Australia’s central bank considered cutting interest rates by an outsized 50 basis points last month as “insurance” against global trade risks, but decided to go the predictable route...
ECB expected to cut rates again as Trump trade war rumbles on
[FRANKFURT] The European Central Bank (ECB) is expected to deliver its seventh-straight interest rate cut this week as US President Donald Trump’s volatile trade policies add to headwinds for...
Philippines eyes India, Thailand rice to cut Vietnam reliance
[MANILA] The Philippines, the world’s top rice importer, plans to look beyond its dominant supplier, Vietnam, to ensure steady supplies and competitive prices at home.The agriculture department is in...
Gold Prices Rebound as Soft Jobs Data Fuels Rate Cut Expectations
Gold prices shot up Thursday on weaker-than-expected U.S. jobless claims data and a key court ruling that struck down most of former President Donald Trump's proposed tariffs. These events have...
Chevron to cut nearly 800 jobs in Texas
Published Thu, May 29, 2025 · 08:23 AM[HOUSTON] Chevron will lay off nearly 800 employees in Texas, according to a notice on Wednesday to the Texas Workforce Commission, part...
Chevron to cut 200 jobs in Texas
Published Thu, May 29, 2025 · 08:23 AM — Updated Fri, May 30, 2025 · 07:22 AM[HOUSTON] Chevron will lay off 200 employees in Texas, according to figures from...
RBNZ set to make sixth rate cut and signal bias to more easing
[WELLINGTON] New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade barriers dim the...
