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Frankfurt, Germany — German insurer Allianz said Wednesday that it planned to buy a majority stake in Singapore’s Income Insurance for around 1.5
Stockholm, Sweden — One meter above the surface, a fully electric ferry is speeding across the waters of Stockholm as a Swedish company prepares to
London, United Kingdom — Britain’s inflation rate held steady in June after returning to the Bank of England’s target the previous month, offici
London, United Kingdom — From forest fires to hurricanes and other natural disasters: climate change risk is increasingly influencing oil prices, ju
Sydney, Australia — Australia on Wednesday pledged to clean up one of its most powerful trade unions, which has been tarred by accusations of intimi
MANILA — The province of Bohol can expect a better power situation as the National Grid Corporation of the Philippines (NGCP) targets to complete th
Updated on July 17, 2024 at 6:36 p.m. The National Grid Corporation of the Philippines (NGCP) has placed the Luzon grid under yellow alert on Wednesda
Hong Kong, China — HSBC on Wednesday named chief financial officer Georges Elhedery as the bank’s next chief executive to drive “the next phase
The government raised a total of at least P60 billion from long-term debt during Tuesday’s sale of Treasury bonds (T-bonds) as investors rallied to
Montreal, Canada — After an unexpected surge in May, Canada’s annual inflation rate slowed to 2.7 percent year-on-year, Statistics Canada announce
TACLOBAN CITY — The provincial government of Northern Samar has invited a Manila-based conglomerate for them to invest in the province. Gov. Edwin O
Hong Kong, China — Equities and the dollar were rangebound Wednesday while gold hit a fresh record as expectations for a US interest rate cut played
MANILA – The Maharlika Investment Fund (MIF) will help boost the country’s economic growth by reducing poverty and creating more jobs. Maharlika I
Washington, United States — A senior US central bank official said in remarks prepared for delivery Tuesday that it might be apt to lower interest r
More central banks from emerging markets and developing economies (EMDEs), including the Philippines, are starting work on their own digital currency,
New York, United States — The Dow rocketed to a fresh record Tuesday while gold prices also hit an all-time peak, as rising expectations for Federal
MANILA, Philippines — The Bureau of Internal Revenue (BIR) on Tuesday said electronic marketplace operators such as Shopee and Lazada have started c
MANILA, Philippines — Less than a week before President Ferdinand Marcos Jr. delivers his third State of the Nation Address (Sona), the business com
The slower-than-expected economic expansion in the first quarter prompted the Asean (Association of Southeast Asian Nations) +3 Macroeconomic Research
The Board of Investments (BOI) has raised its target investment approvals this year to P1.6 trillion from P1.5 trillion, drawing optimism from the upw