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.
The Sugar Regulatory Administration (SRA) has issued new guidelines governing the planned export of up to 100,000 metric tons (MT) of raw sugar to the United States for crop year 2025–2026, outlining who may participate and stressing that the program can be stopped at any time if conditions change.
A P3.3-billion SMX Convention Center, billed as the largest in the Philippines, will rise in Cebu by the third quarter of 2026, cementing the city’s position as a premier hub for meetings, incentives, conferences, and exhibitions (MICE).
The Department of Energy (DOE) said ASEAN senior energy officials have endorsed the group’s annual energy priorities, including the Philippines’ key proposals for its ASEAN chairmanship.
The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) P11.77-billion Claver-Siargao Interconnection Project (CSIP), aimed at improving power supply in Siargao Island.