economy

PH GDP growth slowed sharply to 5.2% in Q3

Philippine economic growth slowed sharply to 5.2 percent in the third quarter, from the revised…

US writes off over $1B of Somalia debt

NAIROBI — The United States and Somalia reached an agreement on Tuesday for Washington to…

Spain unveils $11-B aid plan after catastrophic floods

VALENCIA — Spain announced Tuesday an aid package worth 10.6 billion euros ($11.5 billion) to…

Dollar soars, bitcoin hits record, stocks gain as Trump win seen

HONG KONG — The dollar surged and bitcoin hit a record high Wednesday while most…

Imminent Trump 2.0 paints PSEi red

Investors turned anxious on Wednesday as Republican Donald Trump appeared to be winning a second…

Q2 growth revised to 6.4% from 6.3%

The Philippine economy grew slightly faster than initially reported in the second quarter, the Philippine…

BSP cool to drastic rate cuts

The Bangko Sentral ng Pilipinas (BSP) said it would continue its “measured” rate cutting cycle…

BIZ BUZZ: Ooh la la! The Canadians are coming

Better late than very much later. Indeed, after 27 years, the Canadian government is sending…

PH inflation accelerated to 2.3% in October

As expected, Philippine inflation accelerated in October to 2.3 percent, mainly due to more expensive…

Growth in wholesale prices picked up in September

The growth in wholesale prices of general goods revved up to a two-month high in…