Australia’s central bank cuts rates to two-year low of 3.85%
Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low ...
Tag: Cuts
Asia: Markets rebound to track Wall Street up as China cuts rates
Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also boosted ...
China’s central bank cuts two key rates to historic lows
China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate ...
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by ...
Tech stocks could rally on US-China tariff truce, impending tax cuts: Stanchart
A pause in US-China tariffs could provide a boost to technology stocks, which earn significant revenue from exports, Standard Chartered ...
Nissan is rolling out big cuts. Turning around sales will prove harder
Nissan’s new chief executive Ivan Espinosa faces an uphill task turning around the troubled Japanese automaker with no guarantee it ...
Swiss court rules Credit Suisse bonus cuts were unlawful
The bonus measures affected around 1,000 people, some of whom challenged the decision with Switzerland’s Federal Administrative CourtPublished Wed, May ...
Crude oil climbs more than US$1.60 a barrel on tariff cuts, economic outlook
Crude oil futures climbed more than US$1.60 a barrel on Tuesday, lifted by a temporary cut in US-China tariffs and a better-than-expected ...
Ford’s German workers to strike as tensions rise over planned cuts
Ford plans to cut around 14% of its European workforce, mostly in Germany and BritainPublished Mon, May 12, 2025 · ...
Japan’s Panasonic targets 10,000 job cuts worldwide
The figure represents around 4% of the firm’s total workforce of nearly 230,000Published Fri, May 9, 2025 · 05:20 PM ...
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