Business

Asian shares open calmer after China circuit breaker axed

China's major stock indexes opened higher on Friday (January 8) after Beijing ditched a circuit breaker mechanism that halted trading…

Oil pares losses after dive toward 12-year low seen too far, too fast

Oil lurched to new 12-year lows before paring some losses on Thursday, with some traders betting a rout triggered by…

Volkswagen likely to buy back 115,000 cars in U.S

BERLIN   German automaker Volkswagen AG assumes it will have to buy back about 115,000 cars in the United States as…

YEDW winner empowers the youth and women entrepreneurs

"My biggest dream is for our businesses, which started in Mindanao, to become global, and to find more ways to…

Tokyo stocks start the year down

Japanese stocks began 2016 on a lower note on Monday (January 4), playing catch-up to falls in U.S. stocks in…

Saudi plans spending cuts, revenue push to shrink 2016 budget deficit

Saudi Arabia, its finances hit by low oil prices, announced plans to shrink a record state budget deficit with spending…

BSP cuts 2015 GIR target to $80 7 billion

The Bangko Sentral ng Pilipinas (BSP) cut its 2015 Gross International Reserves (GIR) target due in part to the slower…

Big time rollback in oil prices this week

According to industry sources, there is an impending rollback in the price of oil products this week with a cut…

China says Fed rate hike to impact trade, but extent not yet clear

The U.S. decision to raise interest rates will have some impact on China's trade but how much is not immediately…

Good News: Bigtime oil price rollback to be implemented this week

Good news for motorists, oil companies will implement big time price roll back on its petroleum products this week. Oil…

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