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MANILA, Philippines —The Sy family’s property conglomerate SM Prime Holdings Inc. aims to raise as much as P100 billion from the debt market,
SHANGHAI/SINGAPORE – China is widely expected to trim its benchmark mortgage reference rate at a monthly fixing on Tuesday, as banks’ improving
SHANGHAI/BEIJING —Chinese electric vehicle maker Xpeng said it would hire 4,000 this year and invest millions in artificial intelligence, as it se
BANGKOK —Thailand’s economy unexpectedly contracted in the fourth quarter of 2023 from the third with policymakers downgrading the outlook for t
TOKYO —Japan’s core machinery orders in December rose slightly more than expected but remained down year-on-year, government data showed on Mond
BENGALURU —Bank Indonesia will keep its key policy rate unchanged at a Feb. 20-21 meeting over subdued inflation and an improving outlook for the cu
BANGKOK – Thailand’s gross domestic product (GDP) grew 1.9 percent in 2023, the planning agency said on Monday, as higher tourist numbers and
NEW YORK, United States —American shale oil is back at the center of the global petroleum game, a driver of major deals involving petroleum giants
SINGAPORE – The dollar was steady on Monday after data last week showing U.S. inflation remained sticky cast doubts on when the Federal Reserve
TOKYO – Oil prices edged down on Monday morning as markets digested comments from U.S. Federal Reserve officials pointing to a more patient stance
MANILA, Philippines —The small reprieve granted to motorists last week will be short-lived, as local oil firms announced big-time increases in the
BERLIN, Germany —Ground staff at German airline Lufthansa [LHAG.DE] will go on strike on Tuesday, the Verdi union said on Sunday, announcing the l
Written by: Linda B. Bolido Philippine business seems to be well on its way to recovery after the devastation caused by the COVID-19 pandemic that str
SYDNEY —Asian shares struggled to make much ground on Monday as fading chances for early rate cuts globally soured the mood and Chinese markets re
BEIJING -Tourism revenues in China during the Lunar New Year holidays that ended on Saturday surged by 47.3 percent year-on-year and surpassed 2019
MANILA, Philippines —Increasing investments in renewable energy technologies will dampen grid infrastructure development in the next decade, thus
BUENOS AIRES — Poverty levels in Argentina hit 57.4% in January, the highest in at least 20 years, according to a report by the Catholic University
Paris, France — France’s Finance Minister Bruno Le Maire said Sunday the country’s 2024 growth forecast had been revised down from 1.4 to 1.0 pe
The office vacancy rate in Metro Manila is expected to ease to 18.8 percent this year from 19.4 percent in 2023, with the business process outsourcing
The government has begun efforts to convince the United States to lift its temporary ban on the importation of shrimp products from the Philippines. B
