Tag: Bloomberg

Fresh off a summer of relative freedom after harsh lockdowns at the beginning of the pandemic, Europe is trying a new strategy to halt the coronavirus’s next surge: Lockdown Lite.

A cryptocurrency mania known as decentralized finance has helped to turn digital currencies into this year’s best-performing asset by far.

After years of shifting the Philippines closer to China, President Rodrigo R. Duterte appears to be leaning back toward the US. The 75-year-old leader on...

Philippine Airlines Inc. (PAL) said it has already paid back 80% of the 15.9 billion pesos ($329 million) in refund requests it received amid...

COVID-19 continues to kill close to 1,000 Americans a day. But for those who develop dangerous cases of the infection, advances in medical care and the growing experience of doctors are improving the chances of survival.

It still surprises many people that professional video-game tournaments fill 50,000-seat arenas and that millions of fans watch from their bedrooms, aspiring to compete themselves one day. What hasn’t passed some entrepreneurs by, however, is that this is quietly fueling a big market opportunity.

Some of the world’s wealthiest people have sold more than $3 billion of stakes in their major holdings since August, diversifying their fortunes as stock markets rebounded.

Philippine National Bank (PNB) is seeking to dispose of three prime properties that it values at about $1 billion as early as this year,...

Move over, private equity: There are some new buyers in town, and they know their targets better than anyone.

Taiwan sits squarely in the middle of the worsening dispute between Beijing and Washington, with many of its companies operating factories in China manufacturing...

The pandemic has set off a wave of theft in the Philippines. The target? Plants.

The La Nina weather system could roil global food production, sending prices higher, as potential droughts and floods bring upheaval to a suite of...

Although the COVID-19 coronavirus caused many to postpone their ceremonies earlier in the year, clarity on how the virus spreads and less rigid social distancing mandates are leading to a return of weddings this fall—albeit with mask-wearing and smaller numbers.

A coalition of international airline and aviation groups is calling on US government leaders to help set COVID-19 testing protocols to assuage passenger concerns and boost severely depressed international travel.

Apple Inc. has developed masks that the company is beginning to distribute to corporate and retail employees to limit the spread of COVID-19.

Philippine borrowers are looking to raise fewer bonds overseas in the coming months, taking away a pillar of strength for the peso. The peso led...

With restaurants and malls bustling, pre-pandemic life is slowly returning for people in Singapore—except for the more than 300,000 migrant workers who make up much of the city’s low-wage workforce.

The chairman of Singapore’s award-winning Changi Airport, Liew Mun Leong, is facing growing criticism on social media after a court overturned a conviction against...

As Donald Trump threatened to ban the US operations of the hit app TikTok, Chinese parent ByteDance Ltd.’s choices seemed to be limited to...

Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany’s Kiel Institute...

Google and Facebook Inc. dropped plans for an undersea cable between the US and Hong Kong after the Trump administration said Beijing might use the link to collect information on Americans.

Singapore has long been the city of choice for Western expats wanting an easy entree into Asia. Clean, efficient, with low tax rates, it’s often seen as rivaling Hong Kong, especially with that city hit by street protests and unrest over China’s new national security law.

As a kid growing up in Cedar Rapids, Iowa, Randy Fitzgerald couldn’t make friends by playing sports. He was born with arthrogryposis, a muscle and joint disorder that made activities like soccer or baseball out of the question. Over time, he discovered another powerful way to bond with his peers—video games. 

Artificial intelligence has been touted as a solution for everything from ending lines at the checkout to rooting out systematic bias in Wall Street hiring. It was almost inevitable that someone would suggest using it to fix value investing.

For the past three decades, Vietnam has known only good—or great—economic news. The nation’s consistent growth as an exporter, propelled by Communist leaders who...

The Philippines is trying to secure access to a vaccine in development against COVID-19 as it battles the worst outbreak in Southeast Asia. While other...

The recovery in China’s consumption is moving in two different directions, with the wealthier shopping for luxury goods and taking holidays to the beach, while poorer households continue to cut back.

The Trump administration on Monday gave American Airlines Group Inc. emergency approval to deploy a new weapon against COVID-19: a surface coating that kills coronaviruses for as many as seven days.

After a woman with the coronavirus visited a Starbucks cafe north of Seoul this month, more than two dozen patrons tested positive days later....

The head of the US Food and Drug Administration (FDA) walked back his claim that an experimental therapy had provided a dramatic benefit to...

The Philippine peso advanced closer toward the psychologically significant level of 48 per dollar after Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said the market was free to determine its level.

The Philippines is negotiating with 16 manufacturers of potential COVID-19 vaccines to procure supplies needed to battle Southeast Asia’s largest outbreak. The country will join...

International travel won’t resume until mid-2021 as coronavirus flareups keep borders closed, Qantas Airways Ltd. Chief Executive Officer Alan Joyce said. Routes to the US...

Former Wirecard AG Chief Executive Officer Markus Braun met with a senior Bundesbank official last year in the midst of allegations of accounting irregularities at the German payments company.

Apple Inc. threatened to remove Epic Games Inc.’s developer account, cut off its developer tools and limit its ability to supply key graphics technology to other apps in the latest skirmish in a battle over app store fees.

Evidence shows that food is an unlikely route of transmitting the coronavirus across borders, but contaminated items continue to grab the spotlight, deepening the uncertainty over whether the $220-billion cold chain industry could be implicated in the spread of COVID-19.

As markets around the world piggyback on technology shares to ride a startling rebound from their pandemic lows, stock investors in Southeast Asia are...

THE Department of Trade and Industry (DTI) wants looser movement restrictions in the capital region to enable more people to go to work, Trade Secretary Ramon M. Lopez said.

Malaysia has detected a strain of the new coronavirus that’s been found to be 10 times more infectious. The mutation called D614G was found in...

Consumers in the Chinese city of Shenzhen have been urged to exercise caution when buying imported frozen food after a surface sample of chicken wings from Brazil tested positive for coronavirus, according to a statement from the local government.

Property developers in the Philippines are considering novel alternative uses for shopping malls as people stay home and prefer to buy things online. SM Prime...

Airbnb Inc. plans to file paperwork for a stock market listing in the next few weeks paving the way for its shares to start trading as soon as the fourth quarter, according to people familiar with the matter.

The Philippines will unlikely keep its capital and nearby areas under strict lockdown despite coronavirus infections rising by another daily record to over 136,000. The...

President Rodrigo R. Duterte has accepted Russia’s offer of its coronavirus vaccine, volunteering to take the first shot as a gesture of trust and...

The Philippines has resources for a “protracted” fight against the pandemic and its effects on the economy, which contracted by a record in the second quarter, according to Finance Secretary Carlos G. Dominguez III.