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The expectation for cuts would be consistent with a recession and an accompanying fall in inflation.
Shares of Southeast Asia's largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour outage of its digital services.
Lululemon rallied on strong earnings. Foot Locker fell after UBS downgrade.
Recent News
The DA’s decision in the Alec Baldwin “Rust” case comes soon after the previous special prosecutor stepped down.
The Federal Aviation Administration will let airlines reduce schedules at congested airports due to air traffic controller shortages.
The YES Network, which carries Yankess games, is the latest regional sports network to launch a direct-to-consumer streaming service.
WWDC also provides a preview of where Apple is heading because the company discusses its goals for software development and reveals new iPhone features.
Trading
Video game company Electronic Arts will lay off 6% of its workforce and reduce office space, costing the company around $200 million.
WWDC also provides a preview of where Apple is heading because the company discusses its goals for software development and reveals new iPhone features.
Now that Donald Trump has his Twitter and Facebook back, the social media platforms have to decide how much they’re willing to take.
World News
Google is reorganizing its Assistant team to include more focus on Bard as the company shifts more resources to artificial intelligence.
Alibaba’s major reorganization is viewed as a sign that the Chinese government could be relaxing its intense scrutiny of the domestic technology sector.
China’s reopening will boost demand for commodities more significantly than it did after the 2008 financial crisis, says Andrew Forrest, executive chairman of Fortescue.
Business
Planet on Wednesday delivered another record quarter of revenue, nearing the top end of its full-year revenue forecast.
The DA’s decision in the Alec Baldwin “Rust” case comes soon after the previous special prosecutor stepped down.
The Federal Aviation Administration will let airlines reduce schedules at congested airports due to air traffic controller shortages.