Business

IMF raises forecast for Philippine economy

The International Monetary Fund raised its forecast on the Philippine economy up to 6.7% due to high government spendings and…

Asian stocks sag, dollar falls vs yen as Nikkei recoils

(Reuters) - Asian stocks were mostly lower on Wednesday, taking their lead from weaker U.S. shares, while the dollar slid…

Crude oil price soars after Saudi air strikes in Yemen

Oil prices rallied for a second straight day on Thursday (March 26) after Saudi Arabiaand its Gulf Arab allies began…

Indonesian President makes a pitch for yen investment

Indonesian President Joko Widodo called for more yen investments on Tuesday (March 24) in a speech before Japanese business leaders…

Chinese visitors shun Hong Kong, hurt retail sector

Chinese tourists are rapidly deserting Hong Kong, leaving retailers who built businesses around once insatiable demand from mainland neighbours with…

1st Crowdfunding Summit in Manila, launched

The concept of crowdfunding was spurred by the Global Financial Crisis of 2008 when individuals finally took it upon themselves…

Defying U.S., European allies say they’ll join China-led bank

A new clash between the U.S. and China in the bid for influence in fast growing Asia. Beijing has taken…

Athens ready to delay some reforms, hopeful for EU deal -Varoufakis

Greek Finance Minister Yanis Varoufakis said on Friday (March 13) he was confident Athens could reach a deal by April…

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