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Citi to cut 20 Asia Pacific equity research jobs – source

Banking & Insurance Reuters Reuters -
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

Agriculture Reuters Reuters -
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

Communications & Technology Reuters Reuters -
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

Markets Reuters Reuters -
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’

Opinion Reuters Reuters -
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.
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Fuel prices to rise across all variants this week

Energy & Mining 0
Prices of gasoline, diesel, and kerosene will increase nationwide this week, the Department of Energy (DOE) confirmed on Monday.

Cebuana Lhuillier drives shift from access to active finance use

Banking & Insurance 0
Financial inclusion in the Philippines has made significant strides, with formal account ownership nearly doubling since 2011 based on the World Bank’s Global Findex Database. But the deeper challenge is now emerging as access has expanded faster than sustained usage of financial services.

Customs fast-tracks digital shift in air cargo

Travel & Tourism 0
The Bureau of Customs (BOC) is ramping up the rollout of the Electronic Airway Bill (e-AWB) under Commissioner Ariel F. Nepomuceno, signaling a more aggressive push to digitize export processing and modernize the country’s trade infrastructure.

STI 9-month net income steady at P1.6B; Q3 earnings drop on accounting shift

Corporate 0
STI Education Systems Holdings Inc. reported flat net income of P1.6 billion for the first nine months of its fiscal year ending March, unchanged from the same period a year earlier.
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