economy

Oil majors ‘pocketing the difference’ as gas prices surge: Biden

WASHINGTON, United States (AFP) -- Oil majors have raised gasoline prices for the sake of their own profits, US President…

Japan unveils record $490 billion stimulus to boost pandemic recovery

by Kyoko HASEGAWA TOKYO, Japan (AFP) -- Japanese Prime Minister Fumio Kishida announced a record $490 billion stimulus for the…

Japan prices rise for second month

TOKYO, Japan (AFP) -- Japan's core consumer prices rose slightly year-on-year in October for the second month running, driven in…

Top banking regulator urges climate rules for lenders

ZURICH, Switzerland (AFP) - The top international banking supervisory authority on Tuesday said lenders should account for climate risks when managing…

Thai economy shrinks, hopes for tourism-led recovery

BANGKOK, Thailand (AFP) -- Thailand's economy shrank in the third quarter, official data showed Monday, but hopes for a gradual…

Covid hit Japan economy harder than expected in third quarter

TOKYO, Japan (AFP) -- Japan's economy shrank far more than expected in the three months to September, as a surge…

PHL economic managers’ full statement on strong 3rd quarter performance of PHL economy this 2021

(Eagle News) -- Below is the full joint statement of the economic managers of the administration of President Rodrigo Duterte…

Philippine economic growth beats forecasts in third quarter

  MANILA, Philippines (AFP) -- The Philippine economy grew more than expected in the third quarter, the government said Tuesday,…

As rivals reopen, Hong Kong doubles down on virus isolation

by Jerome TAYLOR Hong Kong's decision to descend deeper into international coronavirus isolation as rivals reopen is causing consternation among…

British fishermen ground down by fishing row with France

NEWHAVEN, United Kingdom  (AFP) -- As a row over post-Brexit fishing rights between Britain and France escalated on Thursday, British…

Japan consumer prices rise for first time in 18 months

TOKYO, Japan (AFP) -- Japan's core consumer prices edged up 0.1 percent in September, the first increase since March 2020…

Lebanon’s car culture questioned in crisis

by Layal Abou Rahal Agence France-Presse BEIRUT, Lebanon (AFP) - By challenging Lebanon's national passion for automobile ownership, and driving…

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