Japan's Sharp said Tuesday it will slash employee salaries by up to 10% from next month, in a round of cost-cutting that will save it about $180 million during the current fiscal year. The manufacturer of TVs and display panels for ...
Tags: Japan, Sharp, cost-cutting, computer peripherals
Islamabad: Pakistan cut interest rates by a greater-than-forecast 1.5 percentage points, seeking to bolster faltering growth with the first reduction since 2011 after inflation slowed to a more than two-year low. The State Bank of Pakistan ...
Tags: market view, cement
Sri Lankan cement producer Tokyo Cement, the largest of only two local cement manufacturers, will continue its revenue growth over the short to medium term, according to ratings agency RAM. This is a result of a positive oulook for the ...
Tags: market view, cement
Klöckner Pentaplast Group’s owner is evaluating whether to realign KP’s balance sheet “in a precautionary and responsible manner,” a spokeswoman stated. Credit rating agency Standard & Poor’s recently ...
Tags: Market View