Saturday, 10 May 2025, 3:07 pm

    Reuters

    136 POSTS

    Wall St ends sharply lower, posts weekly losses; Mideast fears increase

    U.S. stocks ended sharply lower for the day and week on Friday as investors worried about more interest rate hikes and the Israel-Hamas conflict spreading.

    US stocks end sharply lower, crude jumps on Middle East tensions

    Wall Street stocks tumbled and crude prices surged on Wednesday as escalating Middle East turmoil prompted a broad sell-off and stoked oil supply concerns.

    SK’s Hanwha Ocean eyes submarine exports to Canada, Philippines, Poland – official

    SEONGNAM, South Korea - South Korea's Hanwha Ocean has pitched offers to build submarines to Canada, the Philippines and Poland, a company official said...

    China’s Q3 economic growth beats market forecast, headwinds persist

    China's economy grew at a faster-than-expected clip in the third quarter, data showed on Wednesday, while domestic consumption also picked up pace last month, suggesting the recent recovery may carry enough steam to reach Beijing's full-year growth target.

    Copper slips as upbeat dollar, high inventories weigh

    Copper prices edged lower on Tuesday as the U.S. dollar regained footing ahead of Federal Reserve Chair Jerome Powell's speech this week, while elevated inventories also kept prices of the metal under pressure.

    Just in

    SIA deepens commitment to decarbonisation with SAF deals

    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.

    Philippine visitor arrivals dip slightly in early 2025

    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. 

    Remolona: Trade shocks tougher to tame than supply disruptions

    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. 

    A Soldier’s Legacy: Teaching Financial Wisdom at Home

    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.
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