Cuts

Trump Cuts Short His Pennsylvania Town Hall Q&A after Several Audience Members Suffer Medical Emergencies
Donald Trump pledged to reduce the costs of housing, energy, and groceries at a town hall in the nation's largest swing state on Monday night. However, the event was...
ByteDance cuts over 700 jobs in Malaysia in shift towards AI moderation: sources
ByteDance cuts over 700 jobs in Malaysia in shift towards AI moderation: sources
CHINA’S ByteDance, the parent of social media platform TikTok, has laid off more than 700 workers from its Malaysian unit as the company shifts focus towards greater use of...
South Korea’s central bank cuts rates as slumping economy slows inflation
South Korea’s central bank cuts rates as slumping economy slows inflation
SOUTH Korea’s central bank cut policy interest rates for the first time in four and a half years, making a shift away from quashing inflation, currently below its 2...
Ikea sales fall 5% after price cuts amid weak housing market
Ikea sales fall 5% after price cuts amid weak housing market
IKEA annual sales fell 5 per cent after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking...
Biggest US banks face revenue pressure in new era of rate cuts
Biggest US banks face revenue pressure in new era of rate cuts
BIG bank investors parsing through the industry’s third-quarter results this week will face something they haven’t grappled with in nearly a half-decade: the impact of Federal Reserve rate cuts. JPMorgan...
New Zealand steps up pace of rate cuts as economy weakens
New Zealand steps up pace of rate cuts as economy weakens
NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more concerned about the economic slowdown.The Reserve Bank...
Interest rate cuts, end of remote work could make office S-Reits the ‘dark horses’ of 2025
Interest rate cuts, end of remote work could make office S-Reits the ‘dark horses’ of 2025
SINGAPORE-LISTED office real estate investment trusts (S-Reits) have the potential to be the “dark horses” on the local bourse next year as they are more sensitive to interest rate...
Interest rate cuts, end of remote work could make office S-Reits the ‘dark horses’ of 2025
Interest rate cuts, end of remote work could make office S-Reits the dark horse of 2025
SINGAPORE-LISTED office real estate investment trusts (S-Reits) have the potential to be the “dark horses” on the local bourse next year as they are more sensitive to interest rate...
Fed rate cuts will push liquidity across the globe, including to China, despite strong US jobs data
Fed rate cuts will push liquidity across the globe, including to China, despite strong US jobs data
China may be drawing funds from regional markets now, but global liquidity flows to Asia could be the proverbial tide that lifts all boatsONE news story that grabbed a...
Rate cuts set gold on track for best quarter in eight years
Rate cuts set gold on track for best quarter in eight years
GOLD prices were heading for their best quarter in more than eight years on Friday (Sep 27), having hit a series of record highs in recent sessions as the...