Business

China says Fed rate hike to impact trade, but extent not yet clear

The U.S. decision to raise interest rates will have some impact on China's trade but how much is not immediately…

Good News: Bigtime oil price rollback to be implemented this week

Good news for motorists, oil companies will implement big time price roll back on its petroleum products this week. Oil…

Manufacturing sector expected to recover in the months, years ahead

MANILA, Dec. 12 -- Due to the adverse effects of El Niño and continued weakening of demand from China, the…

PHL unemployment rate drops anew in October

The unemployment rate fell to a record low 5.6 % in October (Paywall), having been 6.5 % inb September. Data…

Analyst: Oil emerging as one of 2016’s biggest financial risks

Crude dipped below $40 a barrel this week and traders are warning that a new round of low prices could…

Meralco to implement power rate hike this month

Power charges will increase by 55 centavos per kilowatt-hour (kwh) this month for Manila Electric Company (MERALCO) customers. MERALCO said,…

Oil prices edge up amid ongoing commodity downturn

Crude prices found at least temporary support early on Wednesday after the dollar weakened and China's commodity imports came out…

EC files antitrust charges against Qualcomm

(Reuters) -- Qualcomm hit with yet another investigation. The European Commission filed antitrust charges Tuesday against the mobile chipmaker that…

Unmitigated climate change to shrink global economy by 23 percent

When the world heats up, economies around the globe will cool down. That's according to a new study which predicts…

PNP, biggest spender in the APEC summit

The Philippine National Police took the top spot as being the biggest spender at the recently-held Asia-Pacific Economic Cooperation or…

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