Business

BSP sees July inflation at 5.6 percent to 6.6 percent

MANILA, Philippines — Philippine inflation likely stay above the central bank’s 3 percent target in July as higher fuel, power and fish prices offset easing food costs. In a statement on Friday, the Bangko Sentral ng Pilipinas said…

China's factory activity unexpectedly shrinks in July as demand sags

Wild Tech Stock Swings Spur Retail Traders to Cut Margin Loans

Retail investors have cut their margin loans in South Korea, Taiwan and mainland China, underscoring how a collapse in technology stocks in recent weeks has forced them to close out positions.

Australia’s Social Media Ban Sees Only Small Dip in Teen Users

Australia’s social media ban for under-16s led to only a marginal reduction in underage users in its first three months, underscoring the lack of enforcement of the world-first law by major platforms.

HSBC, Singapore Banks to Show Strength on Wealth Performance

HSBC Holdings Plc and Singapore banks should see stronger earnings outlook across the board, buoyed by wealth businesses strength and resilient fee income.

Govt increases petrol price by Rs1.09, HSD by Rs2.42

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Japan's FX reserve account logs $31 billion surplus in FY2025

Tokyo inflation up on year for second month, keeping BOJ on rate hike path

The Tokyo consumer price index is considered a leading indicator for nationwide price trends.

Stocks rebound and yen jumps on signs of intervention

Asian markets soar after days of heavy selling

Trump mulling $1,00,000 fee for students keen to work in U.S. after graduation

According to The Wall Street Journal, the Department of Homeland Security is mulling the high fee on Optional Practical Training (OPT) visas which are an extension of F-1 visas issued to students

Big Tech AI spending spree tops $1tn

Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023

China's factory activity unexpectedly contracts in July, ending 4-month expansion streak

The official manufacturing purchasing managers' index fell to 49.2 in July from 50.3 in June, National Bureau of Statistics data showed Friday.