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Biden’s reelection campaign joins TikTok in push for young voters

U.S. President Joe Biden's reelection campaign joined short-form video app TikTok on Sunday, using the NFL's Super Bowl to kick off its new account to reach young voters ahead of the presidential election in November.

Thailand to create asset management firm to tackle soaring household debt

Thailand will establish an asset management firm in the first quarter of this year to help resolve its stubborn problem of high household debt, the prime minister said on Monday.

IMF urges BOJ to end bond yield control, huge asset buying

The Bank of Japan should consider ending its yield curve control and massive asset purchases now, then gradually raise short-term interest rates, the IMF said on Friday, as markets ramp up bets on a near-term turn in the central bank's ultra-easy policy.

As China woes mount, investment banks brace for more Asia job cuts

Job cuts at western investment banks in Asia are expected to increase this year as revenue pressures rise due to deepening economic and market turmoil in China, even as deal prospects brighten in Japan and India, headhunters and bankers said.

Equities fall, yields jump after data and Powell comments

Shares on Wall Street and in Europe fell on Monday and government bond yields jumped as traders amended their expectations of a near-term U.S. interest rate cut.

Just in

XPENG enters Philippine market with six EV variants

Chinese electric vehicle maker XPENG has officially entered the Philippine market, launching six variants across two models as it expands its footprint in Southeast Asia.

St. Luke’s adds laser system for faster vision correction

St. Luke’s Medical Center–Global City has introduced the VisuMax 800 femtosecond laser system, expanding its range of advanced vision correction procedures and enabling laser treatment in seconds per eye.

Lopez lifts PUV fare adjustment freeze; new rates start September 28

Transportation Secretary Giovanni Lopez has officially ended the moratorium on public utility vehicle fare adjustments, acting on the Land Transportation Franchising and Regulatory Board’s recommendation to restore rate changes put on hold last March. The new fares take effect this coming Monday, September 28, responding to sustained high fuel costs that have strained the sector.

Households and businesses signal turnaround as economic optimism rebounds

Economic sentiment across the Philippines is turning a corner as both families and business owners show growing confidence in their financial future.
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