Business

Japan’s Katayama Says to Take Bold FX Steps Decisively as Needed

Japanese authorities will take bold steps to counter moves in the currency market decisively as needed, and a US Treasury report issued overnight underscores a shared view that excessive currency moves are undesirable, Finance Minister…

Trump to Take Up Manila’s Concerns With Xi, Philippines Says

US President Donald Trump assured Philippine leader Ferdinand Marcos Jr. that he would take up Manila’s concerns when he meets with Chinese President Xi Jinping, the Southeast Asian nation said.

Asian stocks skid as oil spike revives inflation fears, bonds take a hit

SK Hynix, Samsung and Kioxia Face Pivotal Earnings Test on AI Swings

SK Hynix Inc. and Samsung Electronics Co. are set to test investor appetite for memory chips as South Korea’s stock market — now a bellwether for global AI sentiment — grapples with violent swings driven by leveraged chip bets.

New tariff: Trump slaps PH exports with new 12.5% tariff

MANILA, Philippines — The United States is imposing an additional 12.5-percent tariff on Philippine exports after President Donald Trump approved penalties on trading partners that Washington said failed to adopt adequate safeguards…

Trump imposes new double-digit tariffs on dozens of countries

With existing 10 percent levies set to expire, Trump issues new tariffs on 60 countries under forced labour provision.

Diesel, gasoline slated for fresh price hikes next week

MANILA, Philippines — Motorists may again face another hefty fuel price hikes of up to P6.50 per liter next week amid growing supply concerns. Jetti Petroleum president Leo Bellas said Friday that diesel may jump by P6 to P6.50 a liter…

PHP/USD: Philippine Peso Falls to Fresh Record Low as Oil Advances

The Philippine peso dropped to a new record low as oil prices climbed, putting pressure on the central bank to step up its defense of the currency.

Macquarie’s First Woman CEO Departs With a $339 Million Stake

Shemara Wikramanayake is stepping down as head of Macquarie Group Ltd. after leading the Australian financial conglomerate to bumper profits and a record high share price. For that she will be richly rewarded, making her one of the…

Modi Seeks to Calm Anger in Rare Video as India Protests Widen

Indian Prime Minister Narendra Modi made a fresh bid to calm mounting anger over examination paper leaks as students prepared nationwide protests on Friday, with demands growing for the education minister to step down.

Why the divorces of China’s A-share firm owners provoke market nerves

China’s A-share market has seen another high-profile divorce case result in a massive asset split, involving the transfer of 6 billion yuan (US$886 million) – the highest this year – and raising concerns over corporate governance stability…

NZ rejects US claims of 'forced labour', as tariffs hiked

"They're looking for any way to put a tariff rate back on," the trade minister said, adding that Trump was "going to do" what he was going to do.