Business

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…

US crude falls below $15 a barrel as virus throttles demand

SINGAPORE, Singapore (AFP) -- US crude crashed to below $15 a barrel on Monday, its lowest level for over two…

Global stock markets and oil prices slide as virus impact mounts

NEW YORK, United States (AFP) -- Global stocks sank Wednesday as COVID-19 infects the global economic outlook, while oil prices…

Oil near 18-year low on demand devastation warning

  SINGAPORE (AFP) -- Oil languished at multi-year lows on Thursday, with WTI crude remaining around $20 a barrel as…

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