Business
India's cooling inflation prompts rate cut calls
A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more…
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Cut
News
Did Air India Pilot Commit Suicide and Took 241 Passengers with Him? Experts Claim Fuel Supply Cannot be Cut Off Accidentally
New forensic evidence from the tragic Air India crash, which resulted in the deaths of 241 passengers, suggest that the actions of the…
News
'Why Did You Cut the Fuel Off?' Final Exchange of Words Between Air India Pilots Revealed Moments Before Plane Crashed Killed 241
The final words shared between the pilots of the Air India crash, which killed 241 passengers, have now been revealed along with new…
News
Air India Pilots Made Fatal Error as Probe Reveals Plane's Fuel Supply Was Cut Off Moments Before It Crashed Killing More Than 270 People
A preliminary report on last month's Air India crash, which killed 241 people, with a sole survivor miraculously walking away, found that…
Business
Indeed, Glassdoor to cut 1,300 jobs amid AI integration, memo shows
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift…
Business
Indeed, Glassdoor to cut 1,300 jobs amid AI integration: memo
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift…
Business
BYD, other EV battery makers face more pressure to cut emissions
Electric vehicle (EV) battery suppliers, including BYD and EVE Energy, need to step up efforts to switch to clean power at manufacturing…
Unsorted
India plans to kickstart rare-earth output to cut China reliance
A proposed plan by India to spur local production of rare-earth magnets has drawn initial interest from a clutch of large conglomerates,…
Business
Malaysia rate cut bets grow as tariff talks weigh on outlook
Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for…
Business
Japan’s bond market faces first 30-year sale since issuance cut
Japan’s auction of 30-year sovereign notes on Thursday (Jul 3) is shaping up as a barometer of policymakers’ success in quelling…
Business
Microsoft to cut about 9000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
Microsoft to cut about 9,000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9,000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
ING to cut 230 jobs as it has ‘too many’ managing directors
Groep announced a round of cuts focused on senior staff saying there are just too many of them. The Dutch lender plans to eliminate 230…
Business
Asia Markets Rise on US-Canada Trade Hopes and Rate Cut Buzz
Asian stock markets inched higher early Monday as trade tensions between the United States and Canada cooled down to some extent. Canada…
Business
Wall Street Hits New Highs as Rate Cut Bets Rise Despite Trade Tensions
US stock markets showed positive movement on Friday. The S&P 500 added 32.05 points, or 0.52%, to end the session at 6,173.07, and the…
Business
US: S&P 500, Nasdaq hit record closing highs amid trade negotiations, rate cut bets
Wall Street extended its rally on Friday (Jun 27), sending S&P 500 and Nasdaq to all-time closing highs as trade deal hopes fuelled…
Business
US Fed official says open to July interest rate cut
A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald…
Business
Japan flags big cut to long-end bond issuance before risky sale
Japan’s larger-than-expected cut to super-long bond issuance has the potential to ease some upward pressure on yields just before an…
Business
Gold heads for weekly fall as fewer Fed rate cut prospects weigh
GOLD prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest…
Business
Japan to cut super-long bond sales by 10% to calm markets
Japan’s government plans to cut sales of super-long bonds by about 10 per cent from its original plan in a rare revision to its bond…
Business
Malaysia’s oil giant Petronas looks abroad to help cut production costs
Petroliam Nasional (Petronas), Malaysia’s state-owned oil and gas company, is looking to expand output from more affordable assets abroad…
Business
Fed on hold leaves Wall Street asking what it will take to cut interest rates
With US Federal Reserve officials signalling an extended hold on interest rates, investors and economists will look to chair Jerome Powell…
Business
Gold Prices Surge as Middle East Tensions Rise and Rate Cut Hopes Grow
Markets jittered on Friday as new tensions in the Middle East sent tremors through global finance. Investors fled to gold as a haven in a…
Business
Gold Climbs on Softer Inflation Data as Fed Rate Cut Hopes Rise
A recent shift in sentiment across financial markets has offered some relief to investors who have been grappling with inflation concerns.…