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WASHINGTON, United States — The IMF said Wednesday that its board had voted to allow member states’ IMF-issued international reserve assets to be
WASHINGTON, United States — Amazon’s cloud computing division will invest 7.8 billion euros ($8.5 billion) in building a “sovereign cloud” cen
FRANKFURT, Germany — The German economy is likely to pick up this year after a period of weakness but still faces significant headwinds, a group of
Billionaire businessman and real estate mogul Frank McCourt said he’s putting together a consortium to purchase TikTok’s U.S. business, adding to
WASHINGTON, United States — Retail sales in the United States were flat in April, government data showed Wednesday, despite analyst expectations tha
NEW YORK — Hopes that inflation is finally heading back in the right direction swept through Wall Street Wednesday and ignited a record-setting rall
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) would likely keep its ultra-tight monetary policy settings unchanged today as inflation
The midterm elections are still a year away and yet political talk is already becoming increasingly prominent in corporate boardrooms. Among the issue
MANILA, Philippines — Money sent home by Filipinos abroad posted its slowest growth in nine months in March as expats also grappled with high inflat
MANILA, Philippines — The Energy Regulatory Commission (ERC) partially lifted trading restrictions at the Wholesale Electricity Spot Market (WESM) t
MANILA, Philippines — Two banks posted higher earnings in the first three months of the year as consumer and retail loans grew against a backdrop of
MANILA, Philippines — American investment firm Cerberus Capital Management has inked a multiyear deal to lease to HD Korea Shipbuilding and Offshore
MANILA, Philippines — The local bourse slipped below 6,600 on Wednesday as investors anxiously awaited the latest interest rate decision of the Bang
MANILA, Philippines — Gotianun-led Filinvest Development Corp. (FDC) booked a 36-percent increase in first-quarter profits to P2.9 billion on higher
MANILA, Philippines — The construction arm of the Aboitiz group is targeting the completion of a new factory of popular Lemon Square pastry at its B
(Last of two parts) Last week, we discussed the dilemma faced by P, a human resources head, when several company trainees and junior managers relinqui
WASHINGTON, Philippines — US consumer inflation eased slightly last month, according to government data published Wednesday, in a positive sign for
MANILA, Philippines – For their exceptional achievements, JC’s crème de la crème product movers were rewarded with a lavish three-day, two-
MANILA, Philippines — Balai Ni Fruitas Inc., businessman Lester Yu’s listed bakery chain, booked a 38-percent growth in earnings in the first thre
MANILA, Philippines — A high-ranking United States trade official is set to arrive in the Philippines next week, the latest in a recent string of ec
