Deutsche Bank Job Cuts Shake Markets Following Global Economic Shifts

WhatsAppWhatsAppFacebookFacebookTwitterTwitterPinterestPinterestRedditRedditGmailGmailShareShare

The DAX market is projected to begin the day without significant movements on Thursday, March 20, 2025. The markets of Asia showed poor performance due to rising worries about the economy. The Nikkei 225 of Tokyo stocks fell 0.25% to 37,751.88, and the Shanghai Composite lost 0.38% to 3,413.14. Following downturns Hong Kong’s Hang Seng index registered a 1.62% loss by closing at 24,368.67 points on the trading session.

Deutsche Bank has launched a significant restructuring plan by reducing its workforce by 2,000 staff members this year as part of its corporate development efforts. 

The U.S. Federal Reserve Board keeps its benchmark interest rate between 4.25% to 4.5% to achieve economic expansion and prevent rising inflation. The Chinese central bank keeps its reference interest rate steady because its team believes that market instability requires careful management.

About aamna aamna

Aamna is keen to write important news about politics, entertainment, business, etc., and to bring it to the public's attention.

WhatsAppWhatsAppFacebookFacebookTwitterTwitterPinterestPinterestRedditRedditGmailGmailShareShare
AddThis Website Tools
aamna aamna

Aamna is keen to write important news about politics, entertainment, business, etc., and to bring it to the public's attention.

Recent Posts

What Does TCS’s 35-Day Bench Limit and End of Remote Work Mean for IT Employees?

Tata Consultancy Services (TCS) announced a new policy for its employees; a new regulation capped the bench period at 35…

June 17, 2025

Can AI Replace Employees? mysite.ai Raises EUR 2.1M to Bring AI Workers to Small Businesses

The Polish startup mysite.ai, formerly Codejet, has raised a EUR 2.1 million pre-seed round to construct a fully autonomous AI…

June 17, 2025

Who Are the 4,000 Iloilo City Workers Now Covered by PhilHealth, and What Benefits Will They Get?

Approximately 4,000 non-plantilla employees in Iloilo City are covered under the health scheme. This covers project-based, job order and contract…

June 17, 2025

Greece’s Free 1-Year Global Nomad Pass Launches June 17 for Remote Workers

What is the Global Nomad Pass programme? On June 17, 2025, Greece launched a new countrywide remote work programme with…

June 17, 2025

2025 International Labour Conference: What Changed for Workers? Details Inside

The 113th International Labour Conference (ILC) was a breakthrough moment for the global workers’ rights agenda, resulting in historic advancements…

June 16, 2025

UK Tightens Immigration: 8 New Rules Every Immigrant Must Know

Several significant changes to the immigration system are now underway in the UK government after the release of a new…

June 16, 2025