Consumer confidence at its lowest since records began
Consumer confidence has fallen to a record low as concern grows about whether households will be able to afford rising...
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Marshmallow Insurance twins top newcomers in Sunday Times rich list sharing £455m fortune
With a £2.06 billion fortune, Johnny Boufarhat is the wealthiest person in the Young Rich List, of people in the...
Huawei eyes young workforce as key to green innovation
REUTERSBy Brontë H. Lacsamana, ReporterCHINESE multinational technology company Huawei Technologies Co., Ltd., will continue investing in green innovation to support...
China cuts borrowing rate more than expected to revive housing sector
REUTERSSHANGHAI, May — China cut its benchmark reference rate for mortgages by an unexpectedly wide margin on Friday, its second...
Yellen says G7 to give Ukraine funds it needs ‘to get through this’
REUTERSKOENIGSWINTER, Germany — US Treasury Secretary Janet Yellen said the G7 finance leaders on Thursday agreed to provide Ukraine the...
‘Retail apocalypse’: Wall Street shaken by inflation-induced earnings hits
CORPORATE.WALMART.COMNEW YORK — Walmart, Target, and Kohl’s were among major retailers that reported earnings this week that missed Wall Street...
BSP sees reform continuity, solid growth this year
PHILIPPINE STAR/ MICHAEL VARCASThe Philippine central bank chief said on Friday president-elect Ferdinand “Bongbong” R. Marcos, Jr., is better placed...
IMF’s Georgieva says finance leaders must prepare for more inflation shocks
KOENIGSWINTER, Germany — International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that global finance leaders may need...
TikTok plans big push into gaming, conducting tests in Vietnam – sources
HONG KONG/HANOI — TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part...