U.S. Commerce Secretary Gina Raimondo opened talks with Chinese government officials on Monday saying it is "profoundly important" the world's two largest economies have a stable economic relationship.
Gilas Pilipinas’ heartbreaking loss in Group A match against Angola on Sunday has not only dimmed the hopes of the Philippine men’s national basketball team advancing to the next round of the ongoing FIBA World Cup but the chances of the country in securing an outright berth in the 2024 Olympics.
The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy.
Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant.