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 ...
Tag: Cuts
China’s CCB cuts pay of headquarters staff by at least 10%: sources
CHINA Construction Bank Corp (CCB), the nation’s second-largest commercial bank by assets, has asked employees at its headquarters to take ...
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Bank Negara Malaysia says the ringgit has “significant potential to appreciate and be among the top beneficiaries of US rate ...
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Bank Negara says the Malaysian currency has ‘significant potential to appreciate and be among the top beneficiaries of US rate ...
Government cuts industrial land supply on confirmed list by 30% in H2
The five confirmed sites are in Jalan Papan, Lok Yang Way, Tuas Bay Drive, Kaki Bukit and Tukang Innovation Drive ...
FedEx soars as cost cuts drive better-than-expected forecast
FEDEX forecast profit above Wall Street’s expectations and said it would buy back US$2.5 billion of its stock over the ...
Airbus cuts guidance as supply-chain snags continue to bite
AIRBUS cut its earnings and aircraft-delivery goals for the year as persistent supply-chain issues continue to deprive the European planemaker ...
Fed rate cuts, ‘reverse globalisation’ may spur relatively undervalued Singapore, Asian stocks
FOMC meeting participants are now projecting only one rate cut this year, while both Biden and Trump want tariffs on ...
Ford plans further job cuts in Europe, German works council says
FORD plans further job cuts in Germany, Spain and the UK, the head of the worker’s council for the US ...
‘Door open’ for multiple cuts this year despite Fed’s move to hold rates steady
DESPITE the US Federal Reserve dialling back on its forecast for cuts following its latest policy meeting, analysts say that ...
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