Markets
US inflation decelerating in boost to economy
U.S. prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3 percent, and boosting financial market expectations of an interest rate cut from the Federal Reserve next March.
SEC lifts ownership, voting limits for PSE in acquiring PDS Group
The Securities and Exchange Commission has approved the application of the Philippine Stock Exchange Inc. for exemptive relief in its bid to acquire additional Philippine Dealing System Holdings Corp. shares.
Asian shares hit three-month peak as Fed pivot rally rolls on
Asian shares hit a three-month peak on Friday as sharp declines in the dollar and U.S. yields extended the Fed-fuelled rally, but pushback on...
Cryptoverse: Bitcoin defies its doubters in 2023
If 2022 was the year that "broke bitcoin", 2023 has been the year of trauma recovery.
China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens
China's consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery.
