Big investors are tearing up market playbooks for 2024 based on timing an expected recession and interest rate cuts, as the world economy proves surprisingly resilient.
The Bank of Japan should gradually raise short-term interest rates and make its bond yield control policy more flexible, if inflation stays around its 2 percent target and is accompanied by sustained wage growth, the OECD said on Thursday.
Oil prices ticked higher in Asian trading as markets measured rising tensions in the Middle East against a surprise build in U.S. crude stockpiles that pushed oil benchmarks down about 80 cents in the previous session.
Intel said on Tuesday it will launch automotive versions of its newest AI-enabled chips, taking on Qualcomm and Nvidia in the market for semiconductors that can power the brains of future cars.
World, the digital identity project co-founded by Sam Altman and developed by Tools for Humanity (TFH), said Thursday it will file a motion for reconsideration with the National Privacy Commission (NPC) following a cease and desist order (CDO) that halted its Philippine operations.
PhilWeb Corp., a listed gaming company, said it was notified that its principal shareholder, Gregorio Araneta Inc., has entered into a Share Purchase Agreement with Nexora Holdings Inc. and Velora Holdings Inc. to sell GAINC’s entire 57 percent stake—comprising 829.57 million common shares—for P2.17 per share, or a total P1.8 billion.
Far Eastern University (FEU) and the UCLA Joe C. Wen College of Nursing have established a collaborative partnership to advance simulation-based teaching in nursing education.
PLDT Global Corp. has deepened its partnership with stc Pay Bahrain to enhance digital services for overseas Filipino workers (OFWs) in the Kingdom of Bahrain.