Fashion
ECB to cut rates again, with a nervous eye on Trump - The Business Times
EUROZONE rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track…
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News
Trump Drive to Cut Safety Net Could Hit His Voters
In his first term as president, Donald J. Trump targeted what many Republicans consider blatant welfare waste — a rule that gives food…
Fashion
Cathay Pacific to cut profit payout to staff by around 50% - The Business Times
CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only…
Lifestyle
Opinion: Why Israel can't just 'cut the head off' of Hamas or Hezbollah
Since the horrific Hamas terrorist attacks of Oct. 7, 2023, Israel has been at war in the Middle East. The conflict has stretched across…
Fashion
Karen Bass: LA Mayor Drastically Cut Fire Department Funding and Handed Out Rich Contracts to City Workers Months before Catastrophic Wildfires
Los Angeles was forced to slash funding at a major scale for its fire department after Mayor Karen Bass approved a number of lucrative…
Fashion
US: Wall St opens lower after hot payrolls data stokes rate cut worries
WALL Street’s main indexes opened lower on Friday (Jan 10) after a better-than-expected jobs report fanned expectations that the Federal…
News
The Fed Is in No Rush to Cut Rates
When the Federal Reserve began lowering interest rates in September, inflation was cooling and the job market was showing some troubling…
Lifestyle
Europe rethinks Russia strategy over fears Trump will cut sanctions: report
The European Union is reviewing U.S. sanctions placed on Russia by President Biden, prompted by fears that these could be repealed by…
Culture
Vitol plans to cut costs by taking aluminium from London Metal Exchange warehouses in Malaysia: sources
ENERGY and commodities trader Vitol is attempting to reduce its storage costs with plans to remove significant amounts of aluminium from…
Fashion
Karen Bass: LA Mayor Cut Fire Department Funding by Nearly $18M and Diverted It to Homeless Spending Months Before Wildfires Wiped Out Cities
Los Angeles Mayor Karen Bass came under intense criticism on Wednesday after it was revealed that she cut the city's Fire Department…
Culture
BlackRock to cut about 1% of its employees; asset managing giant has over 20,000 staff
BLACKROCK told employees it’s cutting roughly 1 per cent of its workforce after it committed more than US$25 billion for acquisitions last…
Culture
VW managers to take combined 300 million euro pay cut: report
VOLKSWAGEN’S management will take pay cuts adding up to over 300 million euros (S$423.4 million) by 2030, according to comments by VW…
Culture
Japanese chipmaker Renesas to cut less than 5% of global workforce
JAPANESE chipmaker Renesas Electronics will cut less than 5 per cent of its global workforce, amounting to fewer than 1,000 positions, as…
Fashion
China’s richest regions cut electricity prices to protect industries
MORE Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on…
Business
Slovakia threatens to cut aid to Ukrainian refugees after Kyiv shuts off Russian gas pipeline
Slovakian Prime Minister Robert Fico said his country could cut support for Ukrainian refugees. It comes after Kyiv shut off a Russian…
Business
Slovakia threatens to cut benefit for Ukrainians
Slovakia's Prime Minister Robert Fico has threatened to cut financial support for more than 130,000 Ukrainian refugees as a dispute with…
Culture
PBOC seen delaying RRR cut after adding liquidity via new tools
CHINA’S central bank injected massive liquidity into the market at the end of 2024 without using high-profile stimulus, as officials…
Fashion
China to cut import tariffs on some recycled copper and aluminium raw materials
CHINA will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on…
Culture
China avoids rate cut to keep ammunition for future pressure
CHINA refrained from cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry…
Lifestyle
Astros Predicted To Cut Ties With $119M Star After Christian Walker Deal
✓ Link copied to clipboard! On Friday afternoon, the Houston Astros shocked the baseball world when it was announced they had agreed to…
Fashion
Oil steady as markets weigh Fed rate cut expectations, Chinese demand
Oil prices were little changed at their settle on Friday (Dec 20) as markets weighed Chinese demand and interest rate-cut expectations…
Fashion
Philippines may open 2025 with rate cut, central banker says
THE Philippine central bank is open to delivering another rate cut in its first monetary policy meeting next year, governor Eli Remolona…
Culture
US: Wall St jumps at open after selloff on Fed rate cut caution
WALL Street’s main indexes broadly rose at the open on Thursday (Dec 19), a day after the Federal Reserve’s projections of…
Culture
S-Reits fall despite US Fed’s 25-basis-point rate cut
SINGAPORE-LISTED real estate investment trusts (S-Reits) were a sea of red on Thursday (Dec 19) afternoon, even after the US Federal…