After nearly two years of conflict between the world's two dominant economic powers, the United States and China signed a trade truce on Wednesday, letting businesses around the globe breathe a sigh of relief.
The rate of increase in consumer prices quickened to a six-month high in December 2019 following the typhoons that struck the country during the month and the rising global oil prices, the National Economic and Development Authority (NEDA) said Tuesday.
SINGAPORE (Reuters) – Oil prices shot more than 2 percent higher on Monday, with Brent rising above $70 a barrel, after US President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.
