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The Federal Reserve slashed interest rates by a quarter point for the second consecutive meeting, showing that policymakers remain more…
UPS is cutting some 48,000 jobs as part of a major reorganisation connected to a planned reduction in delivery services for Amazon…
United Parcel Service (UPS) smashed Wall Street’s third-quarter profit expectations, sending its shares soaring and fuelling confidence in…
Paramount Skydance will begin a major round of layoffs with 1,000 job cuts on Wednesday (Oct 29), according to a source familiar with the…
Paramount Skydance will begin a major round of layoffs with 1,000 job cuts on Wednesday (Oct 29), according to a source familiar with the…
The figure represents a small percentage of Amazon’s 1.55 million total employees, but nearly 10 per cent of its roughly 350,000 corporate…
INTEL shares surged nearly 9 per cent in premarket trading on Friday (Oct 24) as investors rallied behind CEO Tan Lip-Bu’s aggressive…
INTEL beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its…
SOUTHKOREA-ECONOMY/RATES (UPDATE 3, PIX):UPDATE 3-South Korea keeps rates on hold but surprises with nod to further cuts South Korea’s…
Video footage captured one of the alleged Louvre jewel thieves brazenly using a small chainsaw to cut through a glass display case before…
The chances of further interest rate cuts from the European Central Bank (ECB) are declining, given the economy’s resilience and inflation…
Goldman Sachs Group told staffers to expect an additional round of job cuts this year as the bank seeks further savings across its…
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75% The Philippine central bank unexpectedly cut the…
Central banks in Indonesia, India, Malaysia, Thailand, South Korea and the Philippines have trimmed their benchmark rates by a cumulative…
The slack demand for luxury EVs is hitting automakers already dealing with muted growth in Europe and duties in the US BMW lowered its…
FEDERAL Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of Trump…
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight…
Expected US rate cuts of 125 basis points from September 2025 to March 2026 ‘augur well’ for S-Reits, says Citi Further US Fed interest…
Reductions were seen across bonds ranging from one to 25 years remaining to maturity The Bank of Japan on Tuesday (Sep 30) announced a…
EQUITIES rallied for a second day and gold hit another record on Tuesday on growing Federal Reserve interest rate optimism, though traders…
Lufthansa will cut 4,000 administrative jobs by 2030 and set higher profitability targets, the German airline group said on Monday (Sep…
The firm has also suspended salary reviews and bonuses for all levels until June 2026 Public relations company We. Communications recently…
Gold prices climbed to a record high on Tuesday (Sep 23), supported by growing expectations of further US rate cuts and a slightly weaker…
GOLD surged to a record high on Monday (Sep 22), buoyed by investors’ heightened expectations of a dovish rate-cut path, ahead of remarks…
![Shocking Video Captures Moment Thief Cuts Jewel Case with Saw in Louvre and Making Away With Napoleon's Jewelry in Daring Heist [WATCH]](https://data.ibtimes.sg/en/full/83719/louvre-theft.jpg)
