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Citi to cut 20 Asia Pacific equity research jobs – source

Citigroup is planning to lay off around 20 equity researchers in Asia Pacific as part of its global overhaul, a person with direct knowledge of the matter said. 

Domestic coffee prices in Vietnam rise further on supplies concern

Vietnamese coffee prices extended gains this week as farmers refused to sell beans in hopes of better prices amid shipping disruptions, while Indonesian premiums fell, traders said on Thursday.

Google releases AI multisearch feature in US

Google on Wednesday rolled out an AI-powered feature in the United States that will allow users to search with an image and text simultaneously using their mobile phones.

Japan’s equity juggernaut rolls on

Another day, another leap to a fresh 34-year peak. Is there anything that will stop the Japanese equity juggernaut?

Investors are moving on from the recession that ‘never was’

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.

Just in

Boomers bring Gilas crashing back to Earth

Every basketball giant has an off night. For Gilas Pilipinas, this one arrived with a kangaroo-sized reality check on Monday night.

Aboitiz Group helping professionalize meat industry sector workers with Tesda, IVTSI

Aboitiz-led Pilmico Animal Nutrition Corp. has teamed up with Infinity Vocational Training School Inc. (IVTSI) and the Technical Education and Skills Development Authority (TESDA) to deliver hands-on training at its Tarlac Meatmasters facility—the country’s first Triple AAA-accredited multi-meat processing plant.

DOE prepares power distributors for nuclear energy integration, unveils tender plan

The Department of Energy (DOE) is building the capacity of distribution utilities (DUs) to support the future addition of nuclear power to the country’s energy mix, as outlined in the Philippine Energy Plan 2023–2050.

Mixed fuel price adjustments expected; 203 power firms warned by DOE

The Department of Energy (DOE) announced on Monday that fuel prices will see mixed adjustments this week, even as global crude markets begin to stabilize.
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