economy

Philippine government vows to take steps to address rising food costs

MANILA, Oct 5, 2023 (AFP) - High food prices in the Philippines have pushed inflation to a five-month peak, officials…

Inflation battle will take time, top ECB official says

FRANKFURT, Germany, Oct 4, 2023 (AFP) - Efforts to bring down inflation will take time, a senior European Central Bank…

OPEC+ maintains output reduction to boost oil prices

VIENNA, Oct 4, 2023 (AFP) - An OPEC+ panel recommended Wednesday that the oil cartel keep its current output reduction…

Energy transition at risk from commodity market fragmentation: IMF

By Daniel AVIS WASHINGTON, Oct 3, 2023 (AFP) - Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity…

TikTok to stop sales in Indonesia after social media transaction ban

JAKARTA, Oct 3, 2023 (AFP) - Short video app TikTok said it will stop transactions on its app in Indonesia…

Last-gasp deal averts US government shutdown

By Frankie TAGGART WASHINGTON, Oct 1, 2023 (AFP) - The US Congress passed an 11th-hour funding bill Saturday to keep…

Last-gasp drama moves US away from government shutdown

By Maria DANILOVA WASHINGTON, Sept 30, 2023 (AFP) - Last-ditch moves to prevent a US government shutdown took a dramatic…

What happens if US government enters a shutdown?

WASHINGTON, Sept 30, 2023 (AFP) - The United States is heading toward a government shutdown this weekend with no foreseeable…

US government hours from shutdown, funding chaos

WASHINGTON, Sept 30, 2023 (AFP) - The US government on Saturday was hours from shutting down after the far right…

Vietnam economy grows 5.3% in third quarter

HANOI, Sept 29, 2023 (AFP) - Vietnam's economy grew 5.3 percent on-year in the third quarter, official data showed Friday,…

Indonesia to regulate social media sales soon: leader

JAKARTA, Sept 25, 2023 (AFP) - Indonesian President Joko Widodo said new regulation on social media commerce could be passed…

Chinese tourists get VIP welcome in Thailand as visa-free travel begins

BANGKOK, Sept 25, 2023 (AFP) - Chinese tourists received a personal welcome from the Thai prime minister Monday as they…

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