Results for "economy"
5 results
Singapore Records Highest Retrenchment Levels Since Pandemic Amid Industry Restructuring
Singapore experienced its highest level of retrenchments last quarter since the onset of the pandemic, a trend attributed by reports to ongoing restructuring efforts within several of the nation's overseas-facing industries.
10h ago
Earnings Reports Show Mixed Performance for US-Listed Stocks in Q2 2026
Earnings transcripts from Bel Fuse Inc. (BELFA) and Invitation Homes Inc. (INVH) highlight contrasting performances of the two real estate-related and components manufacturer during the second quarter of 2026.
15h ago
BOE Governor Bailey Flags 'Huge Uncertainty' and Labor Market Weakness Amidst Rate Stability
Bank of England Governor Andrew Bailey recently communicated to Bloomberg his assessment of "huge uncertainty" in the global economy, particularly concerning energy prices, and noted an emerging "softness in the labor market" following the Monetary Policy Committee's July decision to maintain interest rates at 3.75%, according to the interview.
Jul 30
Philippine Banks Bolster Loan Loss Provisions Amid Surging Inflation and Geopolitical Concerns
Philippine financial institutions have allocated their highest level of funds for potential loan losses since at least 2008, a move reportedly aimed at preparing for increased defaults as an already weak domestic economy faces further pressure from the ongoing Middle East conflict and resultant inflationary spikes.
Jul 29
Bitcoin and Ethereum Rise Amid Escalating US-Iran Tensions
Bitcoin and Ethereum prices surged as US-Iran tensions escalated, citing analysts, but experts caution against drawing a direct connection between the two events.
Jul 27