World News

Election&tied spending may shield growth from tariffs thumbnail
OFW Today

Election&tied spending may shield growth from tariffs

HOUSEHOLD CONSUMPTION during the election period and state expenditures once the ban on spending on certain infrastructure projects is lifted are expected to...

ASEAN Centre for Energy launches acceleration program for clean energy startups thumbnail
OFW Today

ASEAN Centre for Energy launches acceleration program for clean energy startups

The ASEAN Centre for Energy (ACE), with funding support from the Government of Japan through the Japan-ASEAN Integrated Fund (JAIF), announced an acceleration...

China eases monetary policy to support an economy threatened by Trump tariffs—yet more stimulus may be needed thumbnail
Los Angeles Daily

China eases monetary policy to support an economy threatened by Trump tariffs—yet more stimulus may be needed

Beijing will cut a key interest rate and lower the amount banks must hold in reserve in order to boost lending. China on...

Philippine banks’ March bad loan ratio softens thumbnail
OFW Today

Philippine banks’ March bad loan ratio softens

PHILIPPINE BANKS’ bad loan ratio eased to a three-month low in March as total loans increased, according to data from the Bangko Sentral...

India and Pakistan exchange artillery fire in major escalation of tensions as world leaders urge calm thumbnail
Los Angeles Daily

India and Pakistan exchange artillery fire in major escalation of tensions as world leaders urge calm

Wednesday’s strikes are a dangerous heightening of friction between the South Asian neighbours, who have fought multiple wars since 1947. India and Pakistan...

Philippine potential in focus at BusinessWorld Economic Forum 2025 thumbnail
OFW Today

Philippine potential in focus at BusinessWorld Economic Forum 2025

THE PHILIPPINES is on track to build a bigger and more competitive economy, with government initiatives, private sector investments and international interest coming...

U.S. and Chinese officials are finally set to meet for trade talks, a month after Trump hiked tariffs to a sky&high 145% thumbnail
Los Angeles Daily

U.S. and Chinese officials are finally set to meet for trade talks, a month after Trump hiked tariffs to a sky&high 145%

The scheduled meeting in Switzerland would be the first time U.S. and Chinese trade officials meet since Trump imposed tariffs on China in...

The Fed will likely keep interest rates on hold today so markets will be watching for Trump’s reaction thumbnail
Los Angeles Daily

The Fed will likely keep interest rates on hold today so markets will be watching for Trump’s reaction

If markets are hoping for some hints from Jerome Powell, the Fed chairman might disappoint. ANALYSIS: With the Federal Open Market Committee likely...

Canadian PM Mark Carney and President Donald Trump agree to disagree about Canada becoming the 51st state: ‘It won’t be for sale. Ever.’ thumbnail
Los Angeles Daily

Canadian PM Mark Carney and President Donald Trump agree to disagree about Canada becoming the 51st state: ‘It won’t be for sale. Ever.’

The two showed no signs of retreating from their gaping differences in an ongoing trade war that has shattered decades of trust between...

Meta’s LlamaCon was all about undercutting OpenAI thumbnail
Los Angeles Daily

Meta’s LlamaCon was all about undercutting OpenAI

Money On Tuesday, Meta held its first-ever AI developer conference, LlamaCon, at its Menlo Park, California headquarters. The company announced the launch of...