Tag: Editors' Picks
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Fed policymakers see rates staying high for ‘some time’
U.S. Federal Reserve officials say that monetary policy will need to stay restrictive for "some time" to bring inflation back down to the Fed's 2 percent target, but their unity around that phrase masks an ongoing debate over another possible rate hike this year.
NGCP looking into power line disruptions over the weekend
The National Grid Corporation of the Philippines (NGCP) said Monday it is looking into the root cause of the grid disturbance Sunday night that caused power interruptions across the Luzon grid.
Consumers appear willing to buy rice bran-enriched food–study
Agriculture Usually treated as waste in rice milling and consigned mainly as animal feed, rice bran--after fermentation--offers itself as a nutritious food additive that could benefit not only consumers but provide an income boost to farmers.
Globe selling 77% ECPay stake to GCash parent for P2.31B
Globe Telecom Inc. said Monday it is unloading its controlling stake in Electronic Commerce Payments Inc., or ECPay, to Gcash’s parent company Globe Fintech Innovations Inc. (Mynt) for P2.31 billion.
ADB bares capital moves to boost lending by $100B over a decade
The Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock $100 billion in new financing capacity over 10 years as the lender expands its development and anti-poverty mission to tackle climate change and other global crises.
