JACKSON HOLE, WYO. -- It’s a maxim for private investors: Don’t fight the Fed.

JACKSON HOLE, WYO. -- Federal Reserve Chair Jerome Powell said the central bank would “act as appropriate” to keep the US economy healthy in a deteriorating global economy, but stopped short of committing to rapid-fire rate cuts and drew fire from President Donald Trump.

JACKSON HOLE, WYO. -- Bank of England (BoE) Governor Mark Carney took aim at the US dollar’s “destabilizing” role in the world economy on Friday and said central banks might need to join together to create their own replacement reserve currency.

FRANKFURT -- Germany’s economy has weakened but it is too early for major economic stimulus from the government or the European Central Bank (ECB), Bundesbank President and ECB policy maker Jens Weidmann was quoted as saying on Saturday.

THE peso weakened against the dollar on Friday on the back of less dovish remarks by the US Federal Reserve ahead of its chairman’s speech.

EARNINGS at state-owned Development Bank of the Philippines (DBP) rose 12.3% from a year earlier to P3.1 billion in the first half, boosted by lending growth, the bank said in a statement on Friday.

MORE foreign capital went into the country in July to yield a net inflow, snapping four consecutive months of outflows, the central bank reported on Thursday.

WASHINGTON — Federal Reserve policy makers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on a preset path to more cuts, a message not likely to sit well with US President Donald Trump.

YIELDS ON term deposits ended mixed on Thursday as banks preferred the longer tenors in anticipation of a long weekend as well as the release of the central bank’s August inflation forecast next week.

SYDNEY — Australia’s market watchdog on Wednesday said it plans to ban the sale of “binary” options to retail customers and introduce restrictions on sales of other derivative instruments seen as high-risk transactions.

INDIA IS stamping out shadow financiers at the fastest pace in recent years, in the latest blow to a beleaguered sector battling a prolonged funding crunch due to rising wariness toward it in the nation’s credit markets.

INDONESIA cut interest rates for a second straight month to spur an economy facing increasing risks from a global slowdown and intensifying trade war.