Business

Asia equities turn negative as virus economic reality bites

  HONG KONG, China (AFP) -- Asian markets dropped Thursday as the economic reality of the coronavirus crisis became even…

PHL maintains BBB+ credit rating amid COVID-19 crisis

  (Eagle News) – The Philippine government has maintained its BBB+ credit rating despite the COVID-19 crisis. President Rodrigo Duterte…

US firms see worst outlook since financial crisis: survey

  WASHINGTON, United States (AFP) -- US businesses hit by the coronavirus are reporting declines in sales and investment for…

Bank of Japan expands easing measures, cuts growth forecast

TOKYO, Japan (AFP) -- The Bank of Japan on Monday ramped up its emergency monetary easing, lifting the cap on…

Australia pounces on oil glut to build strategic reserve

SYDNEY, Australia (AFP) -- Australia said Wednesday it will take advantage of record low oil prices to develop a long-needed…

US Senate approves new $480 bn pandemic relief plan

  by Michael Mathes Agence France Presse WASHINGTON, United States (AFP) -- The US Senate approved a bipartisan, nearly half-trillion-dollar…

Netflix sees record sign-ups during pandemic lockdowns

by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) -- Netflix on Tuesday reported soaring profits as subscriptions…

Finance dep’t airs call for recruits to help economic managers craft PHL economy “bounce-back” plan

(Eagle News) -- To support economic managers in crafting a "bounce-back plan" for the Philippine economy, the Department of Finance…

Oil collapses to under $11 as world awash with crude

  by Roland JACKSON Agence France Presse US oil prices dived to 22-year lows under $11 Monday after crashing 40…

Oil prices collapse on storage fears, Asia equities mixed

HONG KONG, China (AFP) -- Oil prices collapsed to more than two-decade lows Monday as traders grow concerned that storage…

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