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.
ISULAN, Sultan Kudarat - Agriculture Secretary Francisco P. Tiu Laurel Jr. lauded the strong collaboration between the government, private sector, and farming communities, citing it as key to building a globally competitive Philippine coffee industry.
Ayala Corporation has received the 5 Golden Arrow Award, the highest distinction for corporate governance excellence among publicly listed companies in the Philippines. This marks Ayala’s first 5-arrow citation, following its 4 Golden Arrow win in 2024 and 3 Golden Arrow in 2023.
Amazon.com Inc. posted a surge in third-quarter profit, lifted by accelerating cloud demand and investment gains, even as hefty legal and restructuring costs weighed on operations.