Philippines Must Be A "little Aggressive" In Raising Rates - Central Bank Chief
The country's finance secretary said on Monday the government would not allow the peso, which has already hit multi-year lows, to breach 60.
The Bear Market Blues: A Diagnosis For Our Times
While some opportunists thrive in adversity, experts say that for many investors it takes a toll on mental health.
Japan Sees BOJ Easing And Govt FX Intervention Not Contradictory
The central bank's policy was aimed at achieving price stability, not targeting currencies, Japanese Finance Minister Shunichi Suzuki said.
Infrastructure Bottlenecks Hamper Russia's Booming Coal Exports To China
China's coal imports from Russia fell to 6.95 million tonnes last month, down from a peak of 8.54 million tonnes in August, according to China's customs data.
Fed's Bullard, Evans, Show Two Paths To The Same Policy Rate
In a window on the mechanics of Fed policymaking, Evans and Bullard in separate interviews recently laid out how they were thinking conceptually about that landing spot.
Hyundai To Launch $5.5 Billion U.S. EV Plant, As New Law Dims Sales Outlook
Hyundai plans to begin commercial production in the first half of 2025 in the massive plant in Bryan county, west of Savannah, that will have an annual capacity of 300,000 units.
Qatar Faced Unprecedented Criticism Over Hosting World Cup, Emir Says
Qatar, the first Middle Eastern country to host the World Cup, has come under intense international criticism for its treatment of foreign workers and restrictive social laws.
U.S. Basketball Star Griner's Russian Appeal Hearing Adjourned Until 1000 GMT
At her trial, she pleaded guilty to the charges but said she had made an "honest mistake" and had not meant to break the law.
Dogs Get Their Day At Hindu Festival Dedicated To Them In Nepal
The tradition originates in Nepal, where street dogs are prevalent and dog welfare is struggling.
Sunak Faces Daunting Task As He Becomes UK Prime Minister
Sunak, Britain's youngest prime minister for more than 200 years and its first leader of colour, will replace Liz Truss who resigned after 44 days following a "mini budget" that sparked turmoil in financial markets.
Desperate Flight, Then Misery In A Camp For Nigerians Displaced By Floods
The floods, blamed by the government on heavy rain and a water release from a dam in neighbouring Cameroon, have killed more than 600 people, displaced around 1.4 million and damaged or destroyed 440,000 hectares of farmland across Nigeria.
China's Q4 GDP Hits Early Speed Bump As COVID Stifles Economy
China reported on Monday a faster-than-expected 3.9% expansion in its economy in the third quarter, but data for September showed weak imports of goods and retail sales, reflecting its still subdued domestic demand.
UBS Posts Third-quarter Profit Beat, Helped By New Money Inflows
Net profit attributable to shareholders fell to $1.73 billion, ahead of $1.53 billion forecast by 17 analysts in a company-gathered consensus.
Tata Steel's Dutch Arm Signs MOU To Supply Ford With Green Steel
Tata plans to start producing green steel - or steel made without using fossil fuels - in 2030 at its plant in Ijmuiden, Netherlands.
Biden To Get Latest COVID Vaccine, Urge Americans To Do Same
Only 20 million people in the United States have received an updated COVID vaccine, and just one in five seniors, the White House said last week.
Six Palestinians Killed In West Bank Clashes With Israeli Forces, Palestinians Say
"During the operation, dozens of Palestinians burned tyres and hurled rocks at the troops. The troops responded with live fire toward the armed suspects who were shooting at them," the military said in a statement.
Berlin Conference Lays Out Vision Of Post-war Ukraine
Addressing the conference by video link, Zelenskiy said Russian missiles and Iranian-made drones had destroyed more than a third of the country's energy infrastructure, making it vulnerable in the short term and delaying European integration.
Covestro Cuts Profit Outlook Again On Rising Energy, Raw Material Costs
German chemicals maker Covestro cut its 2022 earnings guidance for the third time this year on Tuesday as it reported weaker-than-expected quarterly profits, blaming soaring gas and raw material prices.
S.Korea Opposition Boycotts Yoon Budget Speech In Battle Of Wills
Yoon mapped out details of the 639 trillion won ($445 billion) proposal for next year to a half-empty National Assembly hall that was missing members of the Democratic Party, which holds a majority in the 300-strong parliament.
Paying Off Hackers Is Common, Says Top Australian Govt Cybersecurity Firm
Insurers who paid ransom to hackers had no way of ensuring data was deleted, meaning sensitive customer information remained at risk of being exposed online, Tudehope added.
Novartis Earnings Slip 4% On Strong Dollar, Gilenya Competition
For Novartis, which reports results in dollars, a strong U.S. currency was also a drag on the value of sales generated outside the United States.
US Nitrogen Exports Jump As Europe Scrambles For Fertilizer
The brisk U.S. sales highlight the far-reaching effect of the war in Ukraine on global food and energy supplies.
Cryptoverse: British Pound Fiasco Boosts Bitcoin's Hedge Appeal
Trading volumes between bitcoin and the pound jumped 233% in September overall from the month before, according to data from research firm CryptoCompare, while trading between the cryptocurrency and a similarly battered euro also jumped 68%.
EU Cautions Against Gas Price Cap For Electricity - Document
European Union countries' energy ministers meet on Tuesday to discuss options to cap EU gas prices, with countries still split over whether and how to do this after discussing it for weeks.
Russia To Raise Ukraine 'Dirty Bomb' Accusation At U.N., Diplomats Say
With Ukrainian forces advancing into the strategic Russian-occupied province of Kherson, top Russian officials phoned Western counterparts on Sunday and Monday to tell them Moscow suspected Ukraine of planning to use a so-called "dirty bomb" laced with nuclear material.
Mirae Asset In Talks To Help Fund Elon Musk's Twitter Deal - Source
Mirae Asset earlier this year invested in Musk's rocket and satellite company SpaceX, the person said.
Asian Stocks Ease To 2-1/2-year Lows, Pound Lifted By Sunak's Victory
The Asian benchmark is nursing losses of nearly 32% so far this year, weighed by big falls in Hong Kong shares while emerging markets such as India and Indonesia have gained on improving growth prospects.
World Is In Its 'First Truly Global Energy Crisis' - IEA's Birol
But Birol also said the current energy crisis could be a turning point in the history of energy for accelerating clean energy sources and for forming a sustainable and secured energy system.
Macron Urges Russian Orthodox Church To Resist Kremlin Pressure On Ukraine
The Russian Orthodox Church's number two, Metropolitan Anthony, sat in the front row of the conference hall with other religious leaders as Macron spoke.
China's Xi Clinches Third Term, Packs Leadership With Loyalists
The unveiling of the Standing Committee and the 24-member Politburo comes a day after the closing of the Communist Party's 20th Congress.