Cuts
S-Reits with higher floating rate debt, earlier refinancing to benefit sooner from rate cuts
Interest rates are expected to come down this week, when the US Federal Reserve’s monetary policymaking body meetsSINGAPORE-LISTED real estate investment trusts, or S-Reits, that have a lower proportion...
Singapore stocks rise ahead of expected interest rate cuts; STI hits new 52-week high
On the broader market, gainers beat losers 301 to 225 after 987 million securities worth S$1 billion change handsSINGAPORE stocks rose on Monday (Sep 16) ahead of a widely...
Volkswagen may book up to US$4.4 billion in provisions on capacity cuts
Volkswagen is considering shutting plants in Germany for the first time in its history Volkswagen may book up to US$4.4 billion in provisions for planned capacity cuts as early...
Rupiah’s rally to get boost from global flows as Fed cuts loom
RUPIAH bulls are betting on further gains as foreign investors pile into Indonesian debt ahead of key interest-rate moves. Strategists at Malayan Banking and CIMB Bank see the currency...
Gold prices edge higher on prospect of steeper US rate cuts
GOLD prices inch higher on Monday (Sep 16), supported by a weaker US dollar and on the prospect of a more aggressive rate reduction by the US Federal Reserve...
Europe: Shares hit one-week high as ECB cuts interest rates
EUROPEAN shares jumped on Thursday after the European Central Bank (ECB) cut interest rates again as inflation hovers within striking distance of its 2 per cent target and the domestic economy is...
Samsung plans global job cuts of up to 30% in some divisions: sources
SAMSUNG Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30 per cent of its overseas staff at some divisions, three sources with...
Honda cuts jobs in China, suspends production at three plants
HONDA Motor is slashing jobs and has paused production at three of its plants in China, as it seeks to trim inventories and work on a broader shift in...
