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Category: Economy

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Latest News (18356 articles)

Economy Bloomberg
159d ago
Philippine Central Bank Allowing Market Forces to Determine FX

The Philippine central bank is allowing the dollar-peso exchange rate to be determined by market forces, confident that the local …

The Philippine central bank is shifting its approach to let the dollar-peso exchange rate be … High (90%)
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Economy Bloomberg
159d ago
Soybeans Extend Gains Ahead of Trade Talks Between Trump-Xi

Soybeans pushed higher for a second session ahead of meeting between US President Donald Trump and his counterpart Xi Jinping …

Soybean prices continue to rise ahead of a potential trade deal between the US and … High (90%)
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Economy Bloomberg
159d ago
Chandra Asri in Talks with Lenders to Fund $1 Billion Esso Deal

PT Chandra Asri Pacific Tbk, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for …

PT Chandra Asri Pacific Tbk is in talks with lenders to secure funding for its … High (70%)
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Economy Bloomberg
159d ago
India State Refiners Weigh Up Russia Oil Options After Sanctions

India’s state-run refiners are considering whether they can continue to take some discounted Russian oil cargoes by leaning on small …

India's state-run refiners are exploring alternatives to continue importing discounted Russian oil, potentially bypassing US-sanctioned … High (70%)
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Economy Bloomberg
159d ago
Key Russian Oil Grade Slumps as US Sanctions Hamper China Buying

The price of a key Russian oil grade has plunged after Western sanctions prompted Chinese refiners to cancel some purchases.

The price of a key Russian oil grade has dropped due to US sanctions impacting … High (90%)
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Economy Bloomberg
159d ago
Yen Outperforms G-10 Peers After Japan’s Verbal Intervention

The yen advanced on Tuesday, outperforming its Group-of-10 peers, as markets welcomed supportive remarks from Japanese officials and cheered the …

The yen strengthened against its G-10 counterparts following positive comments from Japanese officials and a … High (85%)
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Economy Bloomberg
159d ago
Indonesian Bonds Are Top Pick for Schroders on Purbaya, BI Bets

Schroder Investment Management favors Indonesian bonds and the rupiah as its top picks in Asia, betting that government efforts to …

Schroders, a global investment management firm, has identified Indonesian bonds and the rupiah as its … High (90%)
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Economy Bloomberg
159d ago
Trump Enlists Japan in Drive to Secure Critical Minerals Supply

The US and Japan have signed an agreement to deepen cooperation on critical minerals, adding the Asian country to Washington’s …

The US and Japan have signed an agreement to strengthen cooperation on critical minerals, aiming … High (80%)
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Economy Bloomberg
159d ago
MSCI’s Eye on Low-Free-Float Indonesian Stocks May Spur Outflows

Indonesian stocks may suffer outflows, according to Citigroup Inc., as MSCI Inc. flags potential changes to its index weightings for …

MSCI's potential changes to its index weightings for Indonesian stocks with low free-float may lead … High (80%)
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Economy Bloomberg
159d ago
PBOC Seen Resuming Bond Purchases as It Steps Back Into Market

The People’s Bank of China is likely to resume debt purchases to mark its return to bond trading for the …

The People's Bank of China is expected to resume bond purchases, marking its return to … High (80%)
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Economy Bloomberg
159d ago
Trump Reaffirms US-Japan Partnership

President Donald Trump hailed the US's alliance with Japan and praised new Prime Minister Sanae Takaichi on her plans to …

US President Donald Trump reaffirmed the US-Japan partnership, praising Japan's plans to increase defense spending … High (90%)
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Economy Bloomberg
159d ago
PBOC Governor Warns on Stablecoin Risks as Global Anxiety Builds

People’s Bank of China Governor Pan Gongsheng stiffened warnings on the risks around stablecoins, as the digital tokens usually pegged …

PBOC Governor Pan Gongsheng has raised concerns regarding the risks associated with stablecoins, reflecting growing … High (85%)
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