Lifestyle
Philippine finance chief sees slower rate cuts on global risks – The Business Times
PHILIPPINE Finance Secretary Ralph Recto said the nation’s central bank will continue to deliver interest rate cuts this year, but they may be fewer and farther apart than in...
Gold holds steady as markets focus on Trump’s policies – The Business Times
GOLD prices steadied on Tuesday (Jan 21) as markets evaluated the possible consequences of US President Donald Trump’s policies in his second term after his inauguration.Spot gold was flat...
TSMC plants resume operation after earthquake spurs evacuation – The Business Times
TAIWAN Semiconductor Manufacturing Company (TSMC) has restored operations at factories it evacuated after a 6.4 magnitude earthquake struck the island’s south, injuring at least four people.The world’s largest chipmaker...
Houthis say US and UK ships can safely take Red Sea passage – The Business Times
THE Houthis said they will stop attacking US and UK vessels in the Red Sea area in response to the Israel-Hamas ceasefire agreement after a year-plus campaign that’s upended...
China may seek more coal from Mongolia as Russia’s share shrinks – The Business Times
CHINA’S record coal purchases last year were driven by big increases in supplies from Australia and Mongolia, while Russian cargoes actually fell.Now that Chinese demand is flattening, Mongolia could...
Bank of Korea cuts growth view on political instability, Trump impact – The Business Times
THE Bank of Korea (BOK) cut its growth forecast for this year as the political turmoil triggered by President Yoon Suk-yeol’s short-lived martial law declaration continues to ripple through...
Chinese investors pile into Bridgewater-style funds, eyeing Trump return – The Business Times
CHINESE hedge fund managers are racing to launch products styled on Bridgewater Associates’ popular “All Weather” strategy, to meet hot investor demand for a cushion against expected volatility during...
Singapore to play ‘pivotal role’ as financial flows shift to South-east Asia amid trade tensions: Citi – The Business Times
SINGAPORE is set to play a “pivotal role” as capital flows shift amid uncertainty, with the world grappling with potential trade tensions in a Donald Trump administration, Citi said...