British banking giant Barclays now expects the Bangko Sentral ng Pilipinas (BSP) to deliver just one more interest rate hike this month before eventually returning to monetary policy easing, after inflation in May slowed more than anticipated. In a report obtained by Manila Bulletin,...
In 2018, Kratos was living a new life, one with significantly less rage in an ancient Nordic country, with his son, Atreus. That game–spoilers abound–begins with grief, as father and son prepare the cremation of Faye, Kratos’ wife and Atreus’ mother. Soon after, father and son would go hunt...
DUBAI, United Arab Emirates (AP) — The U.S. military said Tuesday that Iran fired missiles at Kuwait and Bahrain that failed or were shot down, and that the U.S. launched strikes on an Iranian facility in response. Iran fired missiles toward Kuwait and Bahrain, but failed to hit their targets,...
Japanese financial giant MUFG Bank Ltd. warned that the Philippine peso could plunge to as low as ₱64.5 against the United States (US) dollar if the Middle East war re-escalates, with the decline worsened further by a global “super” El Niño and a hawkish US central bank. MUFG analysts wrote...
KYIV, Ukraine (AP) — Russia attacked Ukraine with a barrage of missiles and drones overnight Tuesday, killing at least 11 people, injuring dozens and trapping others, authorities said. At least four people were killed in Kyiv and 58 people were injured, including three children, Ukraine 's...
The United States (US)-Association of Southeast Asian Nations (ASEAN) Business Council Inc. (USABC) is urging Southeast Asian governments to accelerate customs digitalization, harmonize trade procedures, strengthen anti-illicit trade enforcement, and deepen public-private cooperation to bolster...
KYIV, Ukraine (AP) — Kyiv on Sunday launched new strikes overnight on Russian energy sites. It has also denied Moscow’s claims that a Ukrainian drone struck the Russian-controlled Zaporizhzhia nuclear plant. Ukraine’s General Staff said Ukrainian drones struck the Saratov oil refinery in...
Four global institutions have warned that the prolonged war in the Middle East is posing increasing risks to global energy security, food supplies, and economic growth as oil inventories continue to decline at a record pace. In a joint statement last Friday, May 29, the International Energy...
Philippine economic growth is seen falling to a new post-pandemic low of three percent this year as the lingering impacts of last year’s multi-billion-peso flood-control corruption scandal and the prolonged war in the Middle East weigh on investor and business confidence, according to think tank...
The Philippine National Police (PNP) on Friday, May 29, expressed support for the newly formed civilian-led “EJK Truth Commission” that seeks to document alleged extra-judicial killings and abuses tied to the previous administration’s war on drugs. The police leadership said the initiative...
Philippine economic growth needs “a major impetus” after slowing to its weakest pace since the pandemic recovery period, with rising inflation, higher interest rates, and the prolonged Middle East conflict expected to weigh on the country’s property sector, according to property consultancy...
Business confidence deteriorated further in April as geopolitical hostilities in the Middle East and elevated global oil prices stoked fears of persistent inflation, prompting companies to aggressively scale back their capital expenditure plans. According to the latest business expectations survey...
