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 SM Store’s flagship advocacy program, Shop & Share, continues to strengthen its role in uplifting communities across the Philippines, reaching nearly 90,000 individuals—including students, women, farmers, and children—with essential retail items tailored to their needs.
The Bangko Sentral ng Pilipinas (BSP) launched a redesigned website on 3 July this year, introducing a modern, mobile-friendly platform aimed at boosting user accessibility and stakeholder engagement at its 32nd anniversary.
The Department of Agriculture (DA) on Wednesday reported an initial P300,000 in damages to the rice sector due to Typhoon Bising and the southwest monsoon (Habagat).