World markets mostly higher on hopes for coronavirus vaccine
A man walks past an electronic stock board showing Japan’s Nikkei 225 and New York Dow indexes at a securities firm in Tokyo Wednesday, July 15, 2020. Shares were mostly…
Resorts World Sentosa to retrench staff amid ‘devastating impact’ of COVID-19 pandemic
All affected workers will get “fair compensation”. RWS says it is also committed to working with the Government to help identify new career opportunities for retrenched workers. The Straits Times/Asia…
Markets swell around the world; Nasdaq sets another record
NEW YORK — Stocks rallied worldwide on Monday as investors bet that the economy can continue its dramatic turnaround despite all the challenges ahead. FILE – In this Sept. 18,…
Surge in COVID-19 cases in PH, world rattles PSEi
The local stock barometer slipped for the third session in a row on Thursday as rising cases of coronavirus infection here and abroad spooked investors. The Philippine Stock Exchange index…
IMF projects ‘deeper recession’ for world economy
The logo of the International Monetary Fund (IMF) is seen during a news conference in Santiago, Chile, July 23, 2019. Agencies via China Daily/Asia News Network WASHINGTON — The International…
Elevated extreme poverty to persist through 2021: World Bank
WASHINGTON — Global economic growth could rebound next year — but the number of people living in extreme poverty is expected to remain unchanged after a huge surge this year…
World Bank names S. Korea ‘COVID-19 safe spot’
BEIJING — The World Bank has added South Korea to the list of countries that are providing efficient emergency medical services to its employees, Seoul’s Finance Ministry said Tuesday. The…
World Bank: PH GDP to shrink 1.9% in 2020
MANILA, Philippines — Amid the COVID-19 pandemic, the World Bank sees the Philippine economy shrinking by 1.9% this year, a slower pace of contraction than government estimates of negative 2%…
World shares fall as Hong Kong, US-China tensions weigh
BANGKOK — Shares fell Friday in Europe and Asia as investors awaited a news conference about China by President Donald Trump later in the day. A man and a woman…
World shares slide, spooked by China moves toward Hong Kong
A man walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo Friday, May 22, 2020. Shares are slipping in Asia as tensions…