Philippine Inflation at 16-Month Low Doesn’t Rule Out Rate Hikes
The Philippine central bank said it is ready to resume monetary policy tightening to forestall price pressures even as inflation cooled to a 16-month low in July.
The Philippine central bank said it is ready to resume monetary policy tightening to forestall price pressures even as inflation cooled to a 16-month low in July.
As investor interest in artificial intelligence sends shares of technology giants soaring, a little-known circuit board maker in South Korea is cashing in big.
President Joko Widodo’s ambition of building out Indonesia’s electric-vehicle supply chain is seeing another step forward with plans for a cathode plant.
Chinese flood victims in hard hit areas of northern China have taken aim at a key Communist Party official, saying he sacrificed their safety to protect President Xi Jinping’s flagship projects.
CK Hutchison Holdings Ltd. shares tumbled after the conglomerate founded by Hong Kong billionaire Li Ka-shing posted its biggest drop in profit since 2015, while warning of global risks from inflation to geopolitics and climate change that may weigh on its outlook.
Stocks that soared recently in South Korea on researchers’ claim of a breakthrough in superconductor technology tanked Friday as experts sought proof while the local exchange escalated its warning on the trading frenzy.
An unusual display of China’s commitment to rejuvenating its capital markets has sparked newfound hopes among traders in the nation’s $10 trillion stock market.
Australia’s central bank revised down its estimates for economic growth a touch and now sees inflation returning inside its 2-3% target at the end of 2025, suggesting interest rates may remain elevated for longer.
Viu, the streaming unit of Hong Kong billionaire Richard Li’s business empire, is considering an Asian expansion and creating more premium content through a partnership with Canal+ that could see the French broadcaster eventually invest $300 million in the firm.
Apple Inc. grew revenue in China a surprisingly strong 8% while setting a record for Indian iPhone sales, bright spots in an otherwise disappointing quarterly check-in from the world’s most valuable company.