International news
News from wire services and other publishers.
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China’s yuan eases after Trump-Xi meeting, but exports underpin further strength
The dollar index rose slightly to 101.09, flirting with a two-month high
BIR issues circular renewing suspension of excise tax on LPG, kerosene
The Bureau of Internal Revenue (BIR) has issued a circular implementing the renewed excise tax break on liquefied petroleum gas (LPG) and kerosene, less than three months after it was lifted, as crude oil prices…
Climate Transition Pathways and Credit Risks for Firms in ASEAN+3
This note examines how different climate transition pathways affect firm-level credit risk across ASEAN+3 economies, using 12-month probabilities of default as a measure of credit risk. It compares outcomes under…
China’s fund managers warn of premium risks as fresh quotas fail to ease demand
Several Chinese mutual funds investing in US stocks have warned investors about risks associated with hefty premiums to their net asset values, highlighting persistent demand for US equities even after Beijing expanded…
Bank of Japan debated need for faster rate hikes, July minutes show
There was growing concern within the board of mounting inflation risks
LPG prices to fall P3 per kilo before possible P10 hike
he tax-driven cut may be followed by a P10-to-P15 increase in October.
Learn and grow: Bayan Family of Foundations and Global Dominion Partner
The partnership will strengthen and enhance the creation of valuable content on finance education for individuals and businesses through the program Ka-partner Academy. The partnership enables both organizations to…
Strategic allocation to Asia fixed income
[The content of this article has been produced by our advertising partner.] Global markets currently face high levels of uncertainty. Inflation remains elevated in developed economies, the trajectory of monetary policy…
Globe posts strongest 2026 network performance in August — DICT report
Globe posted its strongest network performance so far this year in August, recording its highest overall score and fastest average download speed in the latest Telco Report Card of the Department of Information and…
Italy attracts wealthy Chinese property buyers with food, fashion – and flat tax
Italy is becoming a magnet for wealthy property investors thanks to its high quality of life and flat tax regime, and interest is also on the rise among mainland Chinese and Hong Kong buyers, according to property…
