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MANILA, Philippines — Committed foreign direct investments (FDI) in the country posted a sharp decline in the first quarter, which an analyst said r
BEIJING, China — Chinese industrial production picked up in April but consumption slowed, official figures showed Friday, as woes in the property se
Toyota Motor Corp., Honda Motor Co., and Nissan Motor Co. are considering working together on the development of in-car software, The Yomiuri Shimbun
LOS ANGELES — Mortgage rates have been mostly ticking higher lately, but it’s not all bad news for home shoppers. Homebuyers have a wider select
WASHINGTON — US lawmakers attacked the head of a top financial regulator for a second consecutive day on Thursday over his agency’s failure to dea
PARIS, France — Imposing 100 percent tariffs on Chinese cars, as the United States has just done, is a “huge trap”, the head of the Stellantis a
UNITED NATIONS — The United Nations reported improved prospects for the world economy since its January forecast on Thursday, pointing to a better
MANILA, Philippines — The Aurora Pacific Economic Zone (Apeco) said it was partnering with a Singapore-based firm to put up a renewable energy fac
MANILA, Philippines — Consumers might need to pay more for electricity following the partial lifting of the suspension on settling transactions in t
Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is
NEW YORK — Walmart Inc. reported another quarter of strong quarterly results Thursday as its low prices pull in shoppers scouring for discounts wi
WASHINGTON — US factory output was flat in April, missing analyst expectations of a third straight monthly increase, according to Federal Reserve da
McDonald’s plans to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customers’ frustration with high prices. The deal
NEW YORK — U.S. stocks edged back from their record heights Thursday after the Dow Jones Industrial Average briefly topped the 40,000 level for the
TOKYO, Japan — Troubled Japanese industrial giant Toshiba said Thursday that it plans to cut up to 4,000 jobs domestically as part of a restructurin
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may start cutting interest rates as early as August for a total of 50 basis points (bps)
MANILA, Philippines — In a bid to raise more revenues as fast as possible, Finance Secretary Ralph Recto has floated the idea of selling government
MANILA, Philippines — Higher interest income from lending and improved car sales helped lift the first-quarter net profits of GT Capital Holdings In
MANILA, Philippines — Andrew Tan-led Alliance Global Group Inc. (AGI) is injecting P2.61 billion into subsidiary Megaworld Corp. to fund the latter
MANILA, Philippines — Investors bought up shares ahead of the Monetary Board meeting on Thursday, prompting the return of the Philippine Stock Excha
