Airbus cuts industrial and financial targets
Airbus softened key industrial and financial targets and took a hefty €900 charge for its troubled space activities as Europe’s…
South Korea to delay start of stricter rules on household loans
The financial regulator says that the planned implementation of stricter rules on household loans will be postponed until the start…
China: Decoupling will lead to ‘destructive spiral’
Chinese Premier Li Qiang warned of negative consequences for the world if nations parted ways economically, while hitting back at…
Bond bulls lift bets ahead of index inclusion
Investors tracking JPMorgan Chase & Co’s emerging markets bond index have already positioned for India’s inclusion, with 3.6% of their…
China hits back at EV allegations
China’s Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to hit back at accusations…
Agricultural tariff rates subject to periodic review, Neda chief says
The Philippines’ National Economic and Development Authority (Neda) secretary Arsenio Balisacan says that lowered tariff rates may not materialise until…
S&P trims Philippine 2024 economic growth forecast to 5.8%
S&P Global Ratings trimmed its growth forecast for the Philippines this year and 2025.
Coastal central province attracts increased FDIs
The central province has granted new investment licences to 14 domestic projects worth 4.2 trillion dong (US$168mil) and seven foreign…
CPI edges up to 2% in May
With the fuel subsidy rationalisation programme kicking off two weeks ago, concerns about inflation have grown, particularly due to the…