ECB policymakers back more rate cuts as inflation heads back to goal
TWO European Central Bank policymakers on Friday (Jul 19) backed further interest rate cuts, expressing greater confidence that inflation was ...
Tag: Cuts
Volvo Cars cuts full-year forecast citing tariffs, Q2 Ebit beats estimates
VOLVO Cars beat second-quarter operating earnings estimates on Thursday (Jul 18) but lowered its full-year retail sales forecast citing the ...
Nomura reshuffles Asia investment bank team, cuts jobs in slump
NOMURA Holdings is reshuffling its Asia investment-banking team and cutting jobs in an effort to reduce costs amid a deals ...
Bank Negara holds key rate as subsidy cuts pose inflation risks
Malaysia’s central bank kept its benchmark interest rate steady on Thursday (Jul 11), in line with market expectations, as it ...
CBS News president to step down as Paramount eyes cost cuts amid merger
CBS News President Ingrid Ciprian-Matthews will step down from her role amid a shakeup at media giant Paramount Global, which ...
Volkswagen cuts forecast on Audi plant closure, additional expenses
VOLKSWAGEN (VW) lowered its margin outlook for the year, citing costs related to a potential Audi plant closure in Belgium ...
US dollar gains as Fed’s Powell cautious on rate cuts
THE US dollar gained on Tuesday (Jul 9) after Federal Reserve chair Jerome Powell acknowledged progress in inflation, but did ...
Bank of Japan sounds out market players before finalising bond-buying cuts
THE Bank of Japan (BOJ) will speak face-to-face with market participants over the next couple of days in key meetings ...
Brokers’ take: Citi cuts GoTo price target on more conservative assumption
CITI Research, working on more conservative assumptions, has lowered its price target for GoTo to 95 rupiah (0.8 Singapore cent) ...
BYD sales rise to a record on price cuts, tech upgrades
BYD sold a record number of electric and hybrid cars in the second quarter, sales data compiled by Bloomberg News ...
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