High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main risk is that it turns out higher than they forecast, suggesting interest rates will also remain higher for longer.
India has cut the floor price for basmati rice exports to $950 per metric ton from $1,200, a government source told Reuters on Thursday, after farmers and exporters complained it was damaging the trade by stalling shipments.
Japan's Subaru is working with suppliers to decrease risks related to procuring materials used in electric-vehicle batteries, its chief executive said on Wednesday, as automakers grapple with China's move to curb exports of graphite.
The U.S. health regulator on Friday approved the expanded use of BioMarin Pharmaceutical's once-daily injection to treat children under the age of 5 with the most common form of short-limbed dwarfism.
The Singapore Airlines (SIA) Group has reinforced its commitment to decarbonisation by signing two key agreements for sustainable aviation fuel (SAF), highlighting the growing corporate and commercial significance of renewable fuels in global aviation.
Tourist arrivals in the Philippines experienced a modest decline in the first four months of 2025, totaling 2.10 million visitors compared to 2.12 million during the same period last year, data from the Department of Tourism showed.
Bangko Sentral ng Pilipinas (BSP) governor Eli M. Remolona, Jr. warned that trade shocks pose a deeper challenge to economic stability than typical supply shocks, citing their longer-lasting effects on investment and growth.
Major Maria Theresa Babiera of the Philippine Army never imagined that a simple conversation with her seven-year-old daughter at the mall would become a powerful reflection of the financial lessons she’d learned—and passed on.