Finance chief wants pause on rate hike

MANILA – Finance Secretary Benjamin Diokno said he wanted the Bangko Sentral ng Pilipinas (BSP) to pause interest rate hikes amid easing inflation. “I’m for a...

Taxing the wealthy to the hilt would make us all much better off

In Canada today, one person — media magnate David Thomson — possesses roughly CA$73 billion while more than 235,000 people are homeless. In Toronto alone, 187...

Erdoğan has wrecked Turkey’s economy – so what next?

Turkey’s 2023 election is one of the most significant in its hundred-year history. After years of currency crashes, vanishing foreign currency reserves and surging inflation, rethinking...

Higher manufacturing growth seen in Q2

MANILA – The growth of the manufacturing sector will likely pick up in the second quarter of the year due to increase in demand, an economist...

DA assures enough rice supply despite El Niño threat

MANILA – The Department of Agriculture (DA) has assured the country will have enough rice supply for the rest of the year despite the possible effects...

Tesla recalls 1.1M units in China over braking issues

ISTANBUL – American electric carmaker Tesla is recalling more than 1.1 million vehicles in China due to braking issues, the country’s top regulator said in a statement...

PH agriculture grows 2.1% in Q1

What is insider trading? Two finance experts explain why it matters to everyone

Insider trading is the term used to describe the illegal act in which someone relies on market-moving, nonpublic information to decide whether to buy or sell...

Raising interest rates vs. inflation endangers global economy

ANKARA – The policy of many countries to raise interest rates to combat inflation could result in a recession or a slowdown in economic growth, according...

Gov’t working hard to address price elevation – NEDA