economy

With tariffs confirmed, US stocks retreat

NEW YORK — Wall Street stocks tumbled into negative territory Friday, ending the week on…

AstraZeneca cancels planned UK plant after subsidies cut

LONDON — British pharmaceutical giant AstraZeneca said Friday that it was abandoning plans to build…

Remolona sees slower easing, another jumbo RRR cut in ’25

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at fewer interest rate cuts…

Hot money returned in ’24 despite choppy stock market

The Philippines saw a heavier inflow of short-term foreign funds in 2024 despite the recent…

Poll: Jan inflation likely eased to 2.8%

Inflation might have softened in January on the back of lower rice prices and electricity…

New Chinese Year, new you: US-China dynamic

I always tell my clients: anticipate, anticipate, anticipate. Obsess over trends. Put contingency plans in…

BSP sees January inflation surging past 3%

There’s a possibility that inflation sped past 3 percent in January due to higher oil…

More BSP rate cuts on the table to spur growth

The disappointing growth last year increased the likelihood of another interest rate cut by the…

PSEi plunges into bear territory

The local bourse crashed into bear territory on Friday as disappointing macroeconomic data and a…

Gov’t missed 2024 GDP growth target

The Marcos administration missed its growth target for the second straight year in 2024, falling…