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Kristi Noem’s Cutthroat Plans For FEMA Disaster Responders Revealed
Internal Department of Homeland Security emails obtained by The Washington Post show that Homeland Security Secretary Kristi Noem is advancing plans that could slash the Federal Emergency Management Agency’s (FEMA)…
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China’s central bank pledges to cut RRR, interest rate in 2026
The central bank will make flexible and efficient use of multiple monetary policy [BEIJING] China’s central bank said on Tuesday (Jan 6) it will cut the reserve requirement ratio (RRR)…
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Analysts name this SGX-listed Reit as their 2026 pick on attractive yield, rate cut tailwinds
[SINGAPORE] Phillip Securities and RHB have named Stoneweg Europe Stapled Trust (Sert) as a preferred stock pick in their strategy outlook reports for 2026. The pan-European stapled group was assigned…
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Longi joins China solar push to cut costs by reducing silver
Silver demand from the solar sector is expected to fall as more producers shy away from the metal’s costs LONGI Green Energy Technology will begin substituting base metals for silver…
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Venezuela moves to cut oil output due to US export embargo
VENEZUELA’S state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing US oil blockade that has reduced exports to…
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US Court Ruling Permits Trump Tax Law to Cut Medicaid Funds for Planned Parenthood
On Tuesday night, a three-judge panel of the 1st US Circuit Court of Appeals cleared the way for significant disruption to healthcare access across a substantial part of America through…
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Indonesia to cut mining output quotas to support prices
It’s to ensure the prices of mineral commodities are “rational”, allowing the government in turn to earn more revenues [JAKARTA] The Indonesian government will cut mining output quotas in order…
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Asian markets rally again as rate cut hopes bring Christmas cheer
EQUITIES extended a global rally on Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an easing of AI fears helped investors…
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Telefonica to cut 5,500 jobs with total cost of 2.5 billion euros
The Spanish carrier has signed an agreement with unions to implement the exit plans [MADRID] Telefonica will book a cost of 2.5 billion euros (S$3.8 billion) to pay for the…
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Gold smashes past US$4,400, silver hits record as rate cut bets fuel rally
Bullion has surged nearly 68% this year, marking its biggest annual rise since 1979 [BENGALURU] Gold crossed the US$4,400-per-ounce level for the first time on Monday (Dec 22), propelled by…
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Thai central bank proposes controls on gold trade, ready to cut rates further
[BANGKOK] The Thai central bank is calling on the finance ministry to control gold trading after a surge in transactions helped drive up the value of the baht, its governor…
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Asian markets drift as US jobs data fails to boost rate cut hopes
ASIAN equities fluctuated on Wednesday as mixed US jobs data did little to boost expectations for another interest rate cut next month, while oil rallied after Donald Trump ordered the…
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Asian markets track Wall Street record after Fed cut
ASIAN equities rose on Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve’s latest interest rate cut. The gains came despite renewed…
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Philippine central bank chief tempers hawkish view, sees one more cut
PHILIPPINE central bank Governor Eli Remolona said monetary authorities may cut the benchmark interest rate one more time in the current easing cycle with the economic recovery likely to last…
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European markets end higher as investors cheer Fed cut; SNB holds rate
EUROPEAN shares closed higher on Thursday after a series of lukewarm sessions, as investors welcomed the US Federal Reserve’s overnight interest rate cut and assessed a policy decision from the Swiss…
