Business
Asia bonds look vulnerable as Fed rate cuts deliver less support
Central banks in Indonesia, India, Malaysia, Thailand, South Korea and the Philippines have trimmed their benchmark rates by a cumulative…
Tag
Cuts
Celebrity
Chad cuts ties with wildlife charity linked to Prince Harry
The Chadian government has terminated its agreement with a controversial conservation organisation that has the Duke of Sussex on its…
Business
Federal Reserve’s Miran wants aggressive rate cuts but downplays differences with other officials
FEDERAL Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of Trump…
Politics
Trump Bizarrely Tries to Take Credit After Judge Blocks Funding Cuts
“Now, are they taking great pleasure in that? No. Is trolling the Democrats? Yes. I mean, yes! Because that’s what President Trump does,…
Politics
Trump Cuts Billions in Funding From Another Blue City in Revenge Tour
“Well, I mean, you know the data, though. You know where we are. I mean, we’ve had three months of slowing jobs,” the host observed,…
News
Madagascar imposes nighttime curfew after violent protests over water and power cuts
ANTANANARIVO, Madagascar (AP) — The government of the Indian Ocean island of Madagascar on Thursday imposed a nighttime curfew following…
Business
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
Business
Asia: Markets fluctuate after Fed cuts interest rates
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were…
Politics
Knesset to vote on NIS 30 billion increase in defense budget, making cuts to other ministries
Israel’s 2025 budget vote will boost defense by NIS 30b, with haredi MKs set to abstain, leaving the tied coalition hoping the measure…
Business
Bank of America sees two US Fed rate cuts this year vs none before
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak…
Business
Job cuts jump 66% year to date; DOGE, uncertainty and AI are major factors
Job cuts so far this year have already surpassed the total for 2024, as government cost-cutting, economic uncertainty and AI have prompted…
Business
Tesla cuts price of new Model 3 in China as moment of truth nears for variant strategy
Tesla cut the price of its new, longer-range Model 3 variant by nearly 4 per cent just before deliveries were set to begin, a move set to…
Business
Spirit Airlines bankruptcy tees up painful cuts in survival bid
Spirit Aviation Holdings’ second bankruptcy filing in a year signals that the low-cost carrier is finally facing up to the painful steps…
News
After budget cuts and security delays, Tel Aviv's white night festival returns
The beloved cultural celebration makes its comeback on August 28 with dozens of performances and free events across Israel's cultural…
News
Fox News Cuts Away From Trump to Cover Taylor Swift Engagement
“Indeed, over the past several months, principal officers of the Executive (and their spokespersons) have described federal district…
Politics
Tulsi Gabbard Just Exposed U.S. to Foreign Threats With Job Cuts
National Intelligence Director Tulsi Gabbard, who was previously criticized for acting like a Russian asset, is planning to gut the agency…
Lifestyle
Changi Travel Services cuts 30 staff amid market shifts
Changi Travel Services (CTS) is laying off 30 staff as part of an ongoing restructuring process to tackle changing market conditions, it…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi dollar tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
PBOC signals no urgency for rate cuts despite poor economic news
China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even…
Business
Nextdoor cuts 12% of workforce in quest for profitability
Nextdoor Holdings, the neighbourhood social networking company, is eliminating 12 per cent of its workforce, part of a broader effort by…
Politics
RFK Jr.’s New Vaccine Cuts Are His Deadliest Yet, Experts Warn
Health Secretary Robert F. Kennedy Jr. has decided on a “who cares” approach to America’s public health policy. The vaccine conspiracist…
Business
Amazon cuts 110 jobs in reorganization of Wondery audio division
Amazon on Monday said it is cutting 110 roles from its audio division Wondery as part of a restructuring effort. The cuts reflect an…
Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
Business
Bank of England rate cuts deliver £11 billion hit to households
Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing…