Australia adds more jobs than forecast
AUSTRALIA added more jobs than forecast in July, even as a burst of full-time hiring came to an end, setting up a mixed picture...
Treaty to curb mercury risk takes effect
PARIS -- A 128-nation treaty to curb exposure to the dangerous heavy metal mercury entered into force Wednesday, the United Nations announced on the...
Senate committee approves Foreign Affairs budget, presses Justice dep’t on killings
THE Senate Committee on Finance postponed the approval of the proposed 2018 budget of the Department of Justice (DoJ) of P17.276 billion after failing...
2nd quarter GDP data fuel bourse to extend gains
By Arra B. Francia, Reporter
THE Philippine Stock Exchange index (PSEi) yesterday extended gains for the fourth straight day to close in on its record-high...
Venezuela’s truth commission to probe opposition
CARACAS -- Opposition candidates running in Venezuela’s October gubernatorial elections will be investigated to make sure none were involved in violent political protests this...
BPI-managed fund more bullish on stocks over bonds
By Melissa Luz T. Lopez,
Senior Reporter
Bank of the Philippine Islands (BPI)-managed ALFM Mutual Funds is betting on equities rather than fixed-income instruments as it...
Why CEOs spurned Trump’s business councils, in their own words
PRESIDENT Donald Trump disbanded his two business advisory councils Wednesday as chief executive officers staged an exodus to protest his response to a white-supremacist...
PHL growth seen on track to 2017 target
THE PHILIPPINES is on track to hitting its economic growth goal this year, with improved public spending fueling faster expansion despite a slow start...
Competitiveness council cites top local governments
CITIES and municipalities must undergo digital transformation to efficiently deliver public services and improve competitiveness, according to a summit yesterday of the National Competitiveness...
BSP to lift rates if economy overheats
SINGAPORE -- The Bangko Sentral ng Pilipinas (BSP) is prepared to raise interest rates if it sees signs the economy is growing too fast,...
Budget department tells Senate it sees relative debt decline to continue
A LOWER SHARE of debt relative to the 2018 budget will allow the government more fiscal space to back projects that are “more productive,”...
TDF rates mixed as bids dip
RATES fetched under the term deposit facility (TDF) saw mixed movements yesterday, with banks continuing to crowd the week-long tenor as players look for...