Pressure
Dell says job cuts will continue with margins under pressure
DELL Technologies will continue to reduce its workforce this year, trying to control costs amid concerns that demand for personal computers (PCs) has not rebounded and sales of servers...
China’s mega banks deliver on dividend pressure as profits fall
CHINA’S biggest lenders heeded calls from regulators to boost dividends and support markets even as earnings are under pressure from falling interest rates.
The world’s largest lender by assets,...
Pound hits more than two-year high, US dollar back under pressure
The pound climbed to its strongest level against the greenback in more than two years on Tuesday (Aug 27), and other major currencies also gained as a pause in...
Bank of England’s Bailey says inflation pressure is on the wane
BANK of England governor Andrew Bailey said on Friday (Aug 23) he thought inflation pressure in Britain’s economy was becoming less stubborn than in recent years, but it was...
Thai central bank may face more rate-cut pressure from new PM
THAILAND’S central bank is poised to keep the policy rate at a decade high this week as the economy gathers some steam but uncertainty about a US$14 billion handout...
Westpac profit rises as margin pressure shows signs of easing
WESTPAC Banking’s profit edged higher as pressure on margins eased and mortgage lending grew faster than the wider industry, offsetting a fragile outlook for the nation’s economy. Unaudited net...
Australia’s Westpac profit rises as margin pressure shows signs of easing
WESTPAC Banking’s profit edged higher as pressure on margins eased and mortgage lending grew faster than the wider industry, offsetting a fragile outlook for the nation’s economy. Unaudited net...
SoftBank unveils US$3.4 billion buyback amid pressure from investors
JAPANESE technology investor SoftBank Group said on Wednesday (Aug 7) it plans to buy back a hefty US$3.4 billion in shares, answering in part calls from Elliott Management and...
