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Economy

EconomyForex

China starts drilling a 10,000-meter deep hole into Earth’s crust

By
May 31, 2023
1 Mins read
CHINESE scientists have begun drilling a 10,000-meter (32,808 feet) hole into the Earth’s crust, as the world’s second largest economy explores new…
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EconomyForex

Young South Koreans drive shift in attitudes to Japan as ties thaw

By
May 31, 2023
3 Mins read
A MAN walks along a nearly empty street in Seoul, South Korea, July 12, 2022. — REUTERS SEOUL — Jeong Se-ah feels…
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EconomyForex

US CBO: Debt ceiling bill to cut $1.5 trillion from deficit over decade

By
May 31, 2023
1 Mins read
ALEXANDER SCHIMMECK-UNSPLASH WASHINGTON — The US Congressional Budget Office (CBO) said on Tuesday its budget deficit projections would be reduced by about…
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EconomyForex

China’s factory activity falls faster than expected as recovery stumbles

By
May 31, 2023
2 Mins read
REUTERS BEIJING – China’s factory activity shrank faster than expected in May on weakening demand, heaping pressure on policymakers to shore up a…
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EconomyForex

US House poised to vote on urgently needed debt ceiling suspension

By
May 31, 2023
3 Mins read
Official White House Photo by Cameron Smith WASHINGTON – Legislation brokered by President Joe Biden and House Speaker Kevin McCarthy to lift the…
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EconomyForex

US slaps sanctions on Chinese, Mexican entities in fentanyl action

By
May 31, 2023
1 Mins read
WASHINGTON – The United States on Tuesday imposed sanctions on 17 people and entities based in China and Mexico who it accused of…
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EconomyForex

Chinese jet carried out ‘aggressive’ maneuver near US military plane, Pentagon says

By
May 31, 2023
2 Mins read
WASHINGTON – A Chinese fighter jet carried out an “unnecessarily aggressive” maneuver near a US military plane over the South China Sea in international…
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EconomyForex

Senate approves bill creating the Maharlika fund

By
May 31, 2023
1 Mins read
A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERS By Beatriz Marie D. Cruz, Reporter THE…
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EconomyForex

URC to move CADPI sugar milling equipment to Balayan mill

By
May 30, 2023
1 Mins read
In line with its expansion plan to provide better service to local sugarcane farmers, Universal Robina Corporation (URC) will be purchasing the…
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EconomyForex

SEIPI keeps 5% export growth target

By
May 30, 2023
2 Mins read
A worker operates the die attach machine at a semiconductor manufacturing plant in Manila, Dec. 10, 2008. — REUTERS THE SEMICONDUCTOR and…
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