Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc.The ...
Tag: Cuts
Philippines cuts key rate again as inflation stays below target
The Bangko Sentral ng Pilipinas reduced its overnight target reverse repurchase rate to 5.25% on Thursday Published Thu, Jun 19, ...
Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal
Dozens of staff at Standard Chartered have reportedly been laid off in Singapore in a fresh round of job cuts ...
Air India cuts foreign widebody flights by 15% after crash
Air India is reducing its international service using widebody planes by 15 per cent as the nation’s flag carrier grapples ...
US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead
The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall ...
Microsoft planning thousands more job cuts aimed at salespeople
Published Thu, Jun 19, 2025 · 06:12 AM Microsoft is planning to cut thousands of jobs, particularly in sales, as ...
Monopoly maker Hasbro cuts 3% of total workforce amid higher tariff costs
Published Wed, Jun 18, 2025 · 06:55 AM Hasbro has cut 3 per cent of its global workforce in its ...
Judge Rules Trump’s NIH DEI Funding Cuts Illegal in Major Civil Rights Victory
A U.S. federal judge in Boston has ruled that the Trump administration's decision to terminate funding for diversity-related research at ...
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while ...
BT boss Kirkby expects AI to deepen job cuts, FT reports
Published Sun, Jun 15, 2025 · 05:43 PMBT Group chief executive Allison Kirkby said advances in artificial intelligence (AI) could ...
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