Cut

Westpac to cut 1,500 jobs, simplify operations: report
Westpac to cut 1,500 jobs, simplify operations: report
The company says it regularly adjusts its workforce based on shifting investment prioritiesPublished Wed, May 21, 2025 · 07:44 AM[BENGALURU] Westpac Banking Corp (Westpac) is planning to cut more...
China banks cut deposit rates to aid margins, drive spending
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend more amid a flagging economy.Lenders including the Industrial...
US: Wall St opens lower after Moody’s rating cut; yields rise
US: Wall St opens lower after Moody’s rating cut; yields rise
Published Mon, May 19, 2025 · 09:51 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (May 19) as Treasury yields rose after Moody’s downgraded the US sovereign...
RBA poised for ‘hawkish cut’ as US-China reprieve boosts outlook
RBA poised for ‘hawkish cut’ as US-China reprieve boosts outlook
[SYDNEY] Australia’s central bank is set to lower interest rates for a second time this year as price pressures ease and US-China trade tensions take a pause, though lingering...
Trump’s rush to cut AI deals in Saudi Arabia, UAE opens rift with China hawks
Trump’s rush to cut AI deals in Saudi Arabia, UAE opens rift with China hawks
[HONG KONG] US President Donald Trump’s flurry of artificial intelligence (AI) deals during his tour of the Middle East is opening a rift within his own administration as China...
Dakota Johnson Details Being Cut Off Financially From Dad Don Johnson
Dakota Mayi Johnson was born Oct. 4, 1989. And she’s been rolling with that Hollywood life ever since, making her movie debut in 1999’s Crazy in Alabama (starring her...
Melania Trump’s Bronze Statue Cut Off from Feet and Stolen from Her Slovenia Hometown as Police Hunt for Culprits
A bronze statue of First Lady Melania Trump has been stolen in her native Slovenia after a thief cut it off at the ankles. The towering sculpture, which was...
Citi to cut up to 200 tech contractor roles in China
Citi to cut up to 200 tech contractor roles in China
[HONG KONG] Citigroup is cutting up to 200 information technology (IT) contractor roles in China, two people familiar with the matter said, as the bank looks to hire its...
Malaysia committed to 2025 petrol subsidy cut but no fixed date
Malaysia committed to 2025 petrol subsidy cut but no fixed date
[KUALA LUMPUR] Malaysia is committed to reducing petrol subsidies in the second half of the year and is refining its plan as US tariffs darken the economic outlook.The government...
HSBC-backed Hang Seng Bank to cut jobs as part of restructuring
HSBC-backed Hang Seng Bank to cut jobs as part of restructuring
[HONG KONG] Hong Kong-based lender Hang Seng Bank said on Thursday (May 15) that it was restructuring its business and streamlining duplicate roles in a move that would lead...