Cuts
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steadyPublished Mon, Jun 30, 2025 · 06:30 AM[MELBOURNE] Australia cut its forecast earnings from commodity exports,...
Nissan’s new CEO faces investor grilling over job cuts, losses and mounting debt
NISSAN Motor chief executive officer Ivan Espinosa’s first shareholder meeting will be overshadowed by tough questions over tariffs, funding and a mid-term plan to turn around the struggling Japanese...
US Federal Reserve split on whether to hedge on inflation, or proceed with cuts
[WASHINGTON] The close split at the US Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday (Jun...
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
[ZURICH] The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc.The quarter-point reduction on Thursday (Jun 19) is the...
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, 2025 · 04:03 PM[MANILA] The Philippine central bank lowered...
Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal
[SINGAPORE] Dozens of staff at Standard Chartered have reportedly been laid off in Singapore in a fresh round of job cuts by the London-based bank.The move affected about 80...
Air India cuts foreign widebody flights by 15% after crash
[NEW DELHI] Air India is reducing its international service using widebody planes by 15 per cent as the nation’s flag carrier grapples with the fallout from a fatal Boeing...
US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead
[WASHINGTON] The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned...
