The Philippine economy will probably keep growing near 7% this year, according to President Ferdinand Marcos Jr, who struck an optimistic tone that the nation can weather a dimmer global outlook to produce what could be the fastest expansion in Asia.
Bank of Japan Governor Haruhiko Kuroda looks set to end his tenure the same way he started it: sending yields careening in the world’s second-largest government bond market.
A Qantas Airways Ltd. flight from Auckland to Sydney landed safely after experiencing engine trouble and issuing a mayday alert over the Tasman Sea.
Dubai-based Tabby raised $58 million from investors including Sequoia Capital India in a funding round that valued the buy now, pay later startup at almost $700 million.
BASF SE and Eramet SA plan to spend as much as $2.6 billion building a nickel-cobalt refinery in Indonesia, expanding a wave of investment in the Southeast Asian nation aimed at feeding growing demand from electric vehicles.
Japan’s biggest banks fell in Tokyo trading after the central bank kept its main policy setting unchanged, damping investors’ expectations for an early end to negative interest rates.
‘Tis the season in China when whole hams and cured sausages should be flying off the shelves as households prepare for the Lunar New Year, the biggest festival in the nation’s calendar.
Sam Bankman-Fried, the fallen crypto entrepreneur who faces trial in the US on fraud charges, reiterated his claim that the FTX US crypto exchange “was and is solvent.”
India may have already surpassed China as the world’s most-populous nation in a milestone that adds urgency for Prime Minister Narendra Modi to create more jobs and ensure the country sustains its world-beating growth.
While much of the focus in currency markets right now is how the prospect of slowing Federal Reserve rate hikes has helped fuel dollar weakness, the biggest factor may be across the world in China.
