Saturday, December 27, 2025
Today's Print

Tag: Global economy

FedEx contributes $126 billion to global economy

FedEx Corp. reported a $126-billion contribution to the global economy in fiscal year 2025, according to its annual Global Economic Impact Report. The report, prepared...

IMF trims Philippine growth outlook amid global challenges

The International Monetary Fund (IMF) has trimmed its growth forecast for the Philippines for this year and next, aligning with a slower outlook for...

Converge, UP team up to train students in tech, AI leadership

Converge ICT Solutions Inc. has signed a three-year strategic partnership with the University of the Philippines (UP) designed to prepare Filipino students to become...

Higher US tariffs take effect on dozens of economies

Washington, United States—Higher US tariffs came into effect for dozens of economies Thursday, drastically raising the stakes in President Donald Trump's wide-ranging efforts to reshape...

IMF retains 2025 Philippines growth forecast at 5.5%, hikes 2026 outlook

IMF maintains 2025 growth forecast for the Philippines at 5.5% but raises its 2026 outlook to 5.9%, citing global economic factors and risks. The International...

Trump says to send first tariff letters on Monday

Washington, United States—US President Donald Trump announced he would send the first tariff letters to various countries on Monday, days before his deadline for trading...

BRICS nations voice ‘serious concerns’ over Trump tariffs

RIO DE JANEIRO – BRICS leaders meeting in Rio de Janeiro on Sunday (Monday, Manila time) are expected to decry US President Donald Trump’s...

China hits back at EU with reciprocal ban on major medical equipment contracts

Beijing, China—China hit back on Sunday at an EU (European Union) ban on Chinese firms from major medical equipment purchases with a reciprocal bar on...

‘Extremely dangerous’ if Iran closes Strait of Hormuz—EU

Brussels, Belgium—The EU's top diplomat warned Monday it would be "extremely dangerous" should Iran shut down the crucial Strait of Hormuz trading route over US...

East West Bank’s income climbed 6% to P1.8b in Q1

East West Banking Corp. said Tuesday its net income increased 6 percent to P1.8 billion in the first quarter of 2025 from a year...

AUB logs 34% profit growth to P3.1b

Asia United Bank Corp. (AUB) said it sustained its strong earnings in the first quarter of 2025, posting a 34-percent increase in consolidated net...

Seismic trade shift: Trump’s global tariff takes effect

US President Donald Trump’s widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could...

New plastics order eyed to save Earth

A transformation of the global economy is urgently needed to curb existential threats to nature and humankind caused by plastics, according to experts meeting...

Global debt dominates as G20 finance chiefs meet

GANDHINAGAR, India—G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change,...
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