Stubborn Philippine inflation fuels higher for longer rate bets
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Philippine inflation at a fresh 14-year high has prompted bets that the central bank will extend its monetary tightening and hit a…
New Russian offensive underway in Ukraine, says NATO
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JERNEJ FURMAN-FLICKER KYIV — The eastern Ukrainian city of Bakhmut was facing heavy artillery fire as the NATO chief backed reports from…
New Zealand declares national emergency as Cyclone Gabrielle wreaks havoc
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Building inspectors assess how homes and buildings have fared in recent floods. — Auckland Emergency Management/Facebook WELLINGTON — New Zealand declared a…
Japan’s weak Q4 GDP rebound poses challenge for BOJ’s exit path
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REUTERS TOKYO – Japan’s economy averted recession but rebounded much less than expected in the fourth quarter as business investment slumped, a…
‘Day of pain’: Wirecard boss denies charges in massive fraud trial
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An investigation will look into Wirecard’s local partners, including PayEasy Solutions, Centurion Online Payment International, and ConePay International. — Image courtesy of…
January vehicle sales climb by 42%
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Vehicles are seen in the northbound lane of EDSA in Pasay City, Aug. 14, 2022. — PHILIPPINE STAR/MIGUEL DE GUZMAN VEHICLE SALES…
Nomura raises PHL GDP forecast for 2023, 2024
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PARKGOERS stroll through the Mehan Garden in Manila, Feb. 12. — PHILIPPINE STAR/MIGUEL DE GUZMAN NOMURA HOLDINGS, Inc. has raised its Philippine…
DoTr to award remaining subway contracts by Q3
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A GROUNDBREAKING CEREMONY for two subway stations of the Metro Manila Subway project was held at Camp Aguinaldo in Quezon City on…
Congress to pass Maharlika bill, 9 others before June 2 — Palace
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THE PROPOSED Maharlika Investment Fund (MIF) is one of the 10 priority legislative measures to be approved by Congress by June, according…
Globe receives P8.6B for towers sold to Phil-Tower
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GLOBE Telecom, Inc. has closed the sale of 578 towers to Phil-Tower Consortium, Inc. for P8.6 billion as part of its capital-raising…