Oil heads for first monthly gain this year as supply tightens
By Arathy Somasekhar and Muyu Xu Oil prices edged higher on Friday with Brent poised for its first
2023-06-30 12:17
Marcos Faces Philippine Growth, Investment Tests in Second Year
Philippine President Ferdinand Marcos Jr. marks his first year in office with resilient growth and improving business sentiment
2023-06-30 11:55
IMF reaches $3 billion staff-level agreement with Pakistan
Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) for a crucial bailout that could help stabilize its flailing economy and lift the South Asian nation out of a crisis that has pushed millions to the brink.
2023-06-30 11:50
Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
By Anirban Sen and Andres Gonzalez NEW YORK/LONDON Global mergers and acquisitions (M&A) activity fell 36% year-on-year in
2023-06-30 11:29
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:23
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:20
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not
2023-06-30 11:19
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:26
Yen weakens past key 145 per dollar level; yuan falls after China PMI data
By Rae Wee SINGAPORE The yen weakened past 145 per dollar on Friday, a level which kept speculators
2023-06-30 10:23
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:51
Spirit Workers Vote to End Strike at Boeing’s 737 Supplier
Spirit AeroSystems Holdings Inc. workers approved a new labor contract, ending a six-day strike that threatened to disrupt
2023-06-30 09:22
Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:51