OECD urges Japan’s central bank to gradually raise interest rates
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 tick up as Middle East tensions rise
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 challenges Nvidia, Qualcomm with ‘AI PC’ chips for cars
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.
Philippines enacts new law that makes paying taxes easier
Philippine President Ferdinand Marcos Jr has signed into law a bill making it easier for taxpayers to pay their taxes in a bid to increase the revenue his government needs to boost infrastructure spending.
Asia wealth managers flock to Dubai as clients look to diversify
A growing number of wealth managers in Asia are setting up offices in Dubai, capitalizing on warming diplomatic ties between China and the Middle East and betting on a surge in demand from clients for geographical diversification.
