Yellen says G7 to give Ukraine funds it needs ‘to get through this’
REUTERSKOENIGSWINTER, Germany — US Treasury Secretary Janet Yellen said the G7 finance leaders on Thursday agreed to provide Ukraine the financial resources it needs in its struggle against Russia’s invasion, and that policymakers are determined to meet their inflation targets.Ms.
‘Retail apocalypse’: Wall Street shaken by inflation-induced earnings hits
CORPORATE.WALMART.COMNEW YORK — Walmart, Target, and Kohl’s were among major retailers that reported earnings this week that missed Wall Street expectations by the widest margin in at least five years, underscoring the wallop four-decade-high inflation is bringing to US shoppers’
BSP sees reform continuity, solid growth this year
PHILIPPINE STAR/ MICHAEL VARCASThe Philippine central bank chief said on Friday president-elect Ferdinand “Bongbong” R. Marcos, Jr., is better placed than his predecessor to face economic challenges and that he expects structural reforms and infrastructure build-up will continue under the
IMF’s Georgieva says finance leaders must prepare for more inflation shocks
KOENIGSWINTER, Germany — International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that global finance leaders may need to become more comfortable with fighting multiple bouts of inflationary pressures.Ms. Georgieva told Reuters that it was getting harder for
TikTok plans big push into gaming, conducting tests in Vietnam – sources
HONG KONG/HANOI — TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push into gaming, four people familiar with the matter said.Featuring games on its platform would
BoP swings to deficit in April
BW FILE PHOTOBy Luz Wendy T. Noble, ReporterThe country’s balance of payment (BoP) posted a deficit in April as the government continued to pay for its foreign debt obligations, and as the trade deficit widened due to the rising value
Bespoke and boutique: A new kind of home for the elite
When Jardin Wong, Jillian Sze, and Miguel Tan approached WTA Architecture and Design Studio with their idea for their first project as real estate developers, they came with a story about independence. Seeking to cast a new shadow over the