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Inflation latest news

Markets retreat as traders take profits, eye commodities' spike - philstar.com - Usa - Australia - China - Hong Kong - New York - city Tokyo - city Taipei - city Seoul - city Manila - city Bangkok - city Jakarta - city Singapore - city Shanghai - city Wellington

Markets retreat as traders take profits, eye commodities' spike

HONGKONG , China — Markets in Asia and Europe suffered a downturn Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices.

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Raul Montemayor - Arnel De-Mesa - Ralph Recto - Jasper Emmanuel Arcalas - DA: Lower tariffs to slash rice prices by P5 - philstar.com - Philippines - city Manila, Philippines

DA: Lower tariffs to slash rice prices by P5

MANILA, Philippines —  Rice prices could go down by as much as P5 per kilo if tariffs on rice imports would be further reduced, according to government estimates.

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Asian markets fall on US rate concerns, oil rises after attack - philstar.com - Usa - Australia - China - Hong Kong - city Minneapolis

Asian markets fall on US rate concerns, oil rises after attack

HONG KONG, China — Equities fell Wednesday on lingering worries about the outlook for US interest rates, while oil prices extended their gains after an attack on a ship in the Red Sea stoked fresh worries about supplies from the Middle East.

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Ferdinand Marcos-Junior - Cynthia Villar - British Chamber looks forward to anti-agricultural economic sabotage act being signed into law - philstar.com - Philippines - Britain

British Chamber looks forward to anti-agricultural economic sabotage act being signed into law

The British Chamber of Commerce Philippines supported the Senate’s ratification of the bicameral conference committee report of the Anti-Agricultural Economic Sabotage Act on 22 May 2024.

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Asian markets, dollar drop ahead of US inflation data - philstar.com - Usa - Singapore - Japan - China - Hong Kong - city Tokyo - city Taipei - city Seoul - city Manila - city Bangkok - city Jakarta - city Hong Kong - city Shanghai - city Wellington

Asian markets, dollar drop ahead of US inflation data

HONG KONG, China — Asian markets dipped Tuesday as investors took a breather after the previous day's rally and as they gear up for the release of key US inflation data later in the week.

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VIRTUAL REALITY - Food, jobs, investments - philstar.com - Philippines - Indonesia - Malaysia - Singapore - Thailand - Vietnam

Food, jobs, investments

These are the three gravest problems of the Philippines.

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FIRST PERSON - Shortchanged - philstar.com

Shortchanged

Our consumers are taking a beating from our prolonged bout with elevated inflation rates. It reflects in consumer acceptance of downsized products, aggravating our uneconomical “sachet” culture. It also reflects on the business models of retailers, increasingly replacing traditional brands with cheaper knock-offs.

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Asian markets rise as traders eye US inflation - philstar.com - Usa - China - Hong Kong - city Tokyo - city Taipei - city Seoul - city Manila - city Bangkok - city Jakarta - city Hong Kong - city Singapore - city Shanghai - city Wellington - city Mumbai

Asian markets rise as traders eye US inflation

HONG KONG, China — Asian markets rose Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the upcoming release of key US inflation data.

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Eli Remolona - Philippine peso edges closer to record low - philstar.com - Philippines - Usa

Philippine peso edges closer to record low

The Philippine peso is trading precariously close to its all-time low against the US dollar. This is driven by the nation’s central bank signaling a potential policy shift toward looser monetary policy. The dovish pivot comes amidst a fragile economic recovery and persistent inflation. The current strong US dollar environment is also putting pressure on the peso and most currencies worldwide.  

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